Richest African States With Natural Resources

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Natural resources are resources that exist with no action of people. There are different natural resources. They include renewable, non-renewable, living, and fossil fuels. The African continent is very rich in terms of natural resources. Several countries in the region possess large deposits of minerals such as gold, diamond, bauxite among others. According to research, here are African states wealthy in resources.

#1 Morocco

Morocco is rich in minerals such as phosphate, zinc, manganese, tin, cobalt, and titanium. The reserves for the phosphate mineral account for more than 70% of reserves in the world. It is the 3rd biggest producer of phosphate. The arable land in the country covers an area of over 30,000 square miles of Morocco’s area. More than 10% of the land can be under irrigation.

#2 Ghana

Ghana is rich in bauxite, gold, diamonds, and manganese. It is the biggest producer of gold in the continent and over 85 businesses have specialized in the mining of gold. The country also exports some significant amounts of gold which in turn enhances its economy. In 2018 Ghana had a gold output of more than 4 million ounces.

#3 Equatorial Guinea

The country is rich in timber, petroleum, gold, manganese, and uranium. Fishing makes part of the state’s natural resources. In 2004, Equatorial Guinea was the 3rd biggest producer of oil in the sub-Saharan region. The country also has other beautiful resources such as a good tropical climate and very fertile soils for agriculture.

#4 Cameroon

Cameroon has vast natural resources of oil, natural gas, nickel, cobalt, manganese, and iron. The country also has natural forests and agricultural resources.

#5 Libya

The natural resources in Libya are very important to the country’s economy. The natural resources include natural gas, oil, gypsum, iron, magnesium, phosphate, and limestone. It is the 9th largest in the world in the reserves of oil and the first in the continent. Libya is a supplier of petroleum to European countries. The production of oil in the country is over 1m bpd.

#6 Guinea

Guinea is rich in bauxite, aluminum, iron, diamond, gold, and arable land. It is the leading exporter of bauxite. It produces over 90% of the whole bauxite production of the African continent. Guinea has billions of tonnes of the bauxite mineral.

#7 Egypt

Egypt is wealthy in petroleum, gas, iron ore, phosphate, manganese, and other minerals. River Nile is one of the most important natural resources in the country. It depends on the water body as a source of water for industrial activities, irrigation, and for people’s use at home. The economy of Egypt greatly relies on agriculture, petroleum exports, and natural gas.

#8 Botswana

Botswana has a wide range of minerals from diamond, silver, copper, nickel, coal, soda ash to iron ores. About 80% of export income is in connection with the mining of diamonds. Botswana’s economy heavily relies on mining activities. It is also the leading producer of coal.

#9 Angola

Angola has different mineral resources such as manganese, copper, gold, phosphate, granite, and marble. It is the 3rd biggest producer of diamonds in the African region. However, Angola has explored less than 50% of the diamond area within the state.

#10 Tunisia

Tunisia has petroleum, phosphate, lead, zinc, and salt. Tunisia mainly exports phosphates and petroleum-based products. It is the globe’s 5th leading producer of phosphates and 2nd in the African region. It also produces cement, aluminum, fluoride, and gypsum.

#11 Ivory Coast

Cote d’Ivoire has many minerals including diamond, petroleum, natural gas, copper, gold, manganese, and cobalt. Its economy depends on the production and export of cocoa and coffee.

#12 Kenya

Kenya is rich in limestone, soda ash, salt, gemstones, fluorspar, diatomite, oil, and gypsum. Kenya’s economy relies on resources and tourism. About 10% of the country’s land is arable.

#13 Tanzania

TZ possesses minerals such as gold, iron, nickel, uranium, and diamond. It is the only supplier of tanzanite in the globe and it is the 4th richest in the continent in gold.

#14 Mozambique

Mozambique has a vast wealth of aluminum, coal, iron, steel, diamond, and other natural resources. The main mineral in the country is aluminum. Mozambique exports other natural resources. Its economy has greatly improved due to the minerals.

 

#15 South Africa

SA is the only developed nation in Africa due to its variety of economic activities. It has minerals such as platinum, diamond, and gold. The industry of minerals yearly contributes more than 15% of the GDP of the country and the revenue per year is over 500b.

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