South Africa's president, Cyril Ramaphosa, has given notice- the era of giving our raw materials away for cheap is coming to an end! Speaking at the recent Russia-Africa Summit, he said Africa would now seek to ensure that the lion’s share of the wealth created by turning our raw materials into high-value products stays on the continent. Africa is home to vast amounts of gold, chromium, titanium, platinum, cobalt, zinc, copper, oil and natural gas. Of the hundreds of billions of dollars of wealth generated by these resources, Africa currently gets a tiny percentage - most of it ends up in the pockets of rich Western conglomerates. It is time for Africa to flip this exploitative model to its advantage.

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