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Black Culture Diary

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56万 回視聴 ・ 13066いいね ・ 2024/11/05

Western economies have thrived on the assumption that Africa will continue supplying cheap raw materials to fuel their industries. Oil, gold, uranium, lithium, and other resources from Africa have powered everything from technology to transportation in Europe and North America. Now, however, Africa is reasserting control over its resources. Ten African countries have imposed strict regulations on the export of these raw materials, retaining value domestically and driving local economic growth. This shift is shaking global markets, forcing Western countries to reckon with a reality they hadn’t anticipated: Africa will no longer function merely as a supplier for the world.
This move is more than an economic policy; it is a significant assertion of Africa’s sovereignty. By deciding how, when, and to whom they export their resources, these nations are challenging a system that has long kept them disadvantaged. Historically, African resources were extracted and exported cheaply, processed elsewhere, and then sold back to African countries at a premium. This cycle has prevented Africa from benefiting fully from its wealth, making it difficult for these nations to develop robust, self-sustaining economies. The new export restrictions signal a profound shift in how African leaders view their role in the global market.

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Sources:
1. www.globalpolicywatch.com/2024/05/african-raw-mate…
2. trtafrika.com/insight/what-africa-stands-to-gain-f…
3. www.reuters.com/article/business/finance/ghana-to-…
4. parliamentwatch.ug/news-amp-updates/looming-ban-on…
5. www.profor.info/knowledge/log-ban-impact-assessmen…
6. www.dw.com/en/are-nigers-uranium-supplies-to-franc…
7. www.globaltradealert.org/intervention/116475/expor…
8. clubofmozambique.com/news/mozambique-bans-logging-….
9. www.reuters.com/markets/commodities/namibia-bans-e…
10. www.africaintelligence.com/west-africa/2024/10/29/…
11. www.globaltradealert.org/intervention/119719/expor…
12. www.reuters.com/article/world/africa/zimbabwe-bans…

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