Who profits from gold mining in Africa?

Mansa Musa, the 14th-century emperor of the Malian Empire, symbolizes Africa’s historical wealth in gold, yet the continent still struggles to retain value from its resources. Africa holds 40% of the world’s gold reserves but mainly exports unrefined gold, limiting local economic benefits. In response, countries like Ghana, Nigeria, and Tanzania are tightening regulations and boosting central bank gold purchases to enhance financial sovereignty and retain more value from gold production.

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