Natural Resource-Based Development in Africa: Panacea or Pandora's Box?

Africa has abundant natural resources, but a decade of high commodity prices and hydrocarbon discoveries has led to attention to natural resource-based development. This collection contributes to scholarly and policy discussions on the governance and economic development roles of local entrepreneurs, transnational firms, civil society groups, local communities, and government agencies in Africas natural resource sectors.

Format: Hardback
Length: 392 pages
Publication date: 07 April 2022
Publisher: University of Toronto Press

Africa is undeniably blessed with an abundance of diverse natural resources, spanning across various dimensions. However, the surge in commodity prices and the recent discoveries of hydrocarbons across the continent have garnered significant attention from international organizations, donor agencies, and non-governmental organizations alike. This has sparked a growing interest in exploring the potential of natural resource-based development as a means to foster economic growth and improve the well-being of communities.

Natural Resource-Based Development in Africa takes a unique approach by focusing on the various actors that play a crucial role in transforming resources into broader developmental outcomes. Through a comprehensive synthesis of primary sources and fieldwork, including in-person interviews and participant observations, this collection contributes to scholarly and policy discussions surrounding the governance and economic development roles of local entrepreneurs, transnational firms, civil society groups, local communities, and government agencies in Africa's natural resource sectors.

By delving into the impact of these actors on regional trends such as resource nationalism and local procurement policies, as well as grassroots-related issues such as poverty, livelihoods, gender equity, development, and human security, Natural Resource-Based Development in Africa provides valuable insights into the complex dynamics shaping the continent's natural resource sectors. It sheds light on the opportunities and challenges faced by different stakeholders, and offers recommendations for promoting sustainable and inclusive development in these resource-rich regions.

In conclusion, Africa's abundant natural resources offer immense potential for economic growth and development. By examining the roles of local entrepreneurs, transnational firms, civil society groups, local communities, and government agencies, Natural Resource-Based Development in Africa contributes to a better understanding of the factors that drive resource-based development and the strategies needed to harness its benefits for the benefit of all Africans.

Weight: 680g
Dimension: 236 x 160 x 36 (mm)
ISBN-13: 9781487505219