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Top 20 African Countries With The Most Natural Resources

18 Mar 2021

20 African countries with the most natural resources. welcome back to AFRO PAGE and thanks for watching in this video. We should take you all around Africa and Shine the Light on the African countries with the most natural resources. Africa is a second largest continents of the Earth surface with a lot of natural resources and minerals as well as the rich natural biological potential. Africa has a large quantity of Natural Resources, including Diamond, Salt, gold, iron, Cobalt, uranium, copper, bauxite, Silver, petroleum and cocoa beans and also woods and tropical fruits and many more. Recent oil reserves discoveries have increased importance of that commodity on African economies for many centuries. Now Africa has been ranked first in the world in terms of mineral extraction from a variety of Ore both non-ferrous to ferrous metals, diamonds bauxite and gold. All these has attracted to the attention of countries internationally, which have been interested in these minerals. Two of the most profitable minerals exports are

Gold and Diamonds. The continents can produce close to 500 tons of gold a year and it's responsible for a large percentage of the world's diamonds. It has approximately 30% of the Earth's remaining mineral resources. If you are new here, welcome, be sure to subscribe and turn on notifications so you don't miss any of our videos. Natural resources or Commodities are the raw inputs that are used to manufacture and produce all products in the world. These natural resources would include those extracted from the earth and those that have yet to be extracted. These are worth trillions of dollars, but not every country in Africa has the same amount or type of Natural Resources or the same potential, therefore in no particular order here are the top 10 African countries with the most natural resources.

20. Morocco. Morocco is blessed with different types of Mineral Resources which include phosphates, zinc, manganese and iron ore. tungsten, tin, cobalt, titanium, zinc, antimony and Arable land. Morocco's phosphate reserves are believed to account for almost 75% of all the phosphate reserves globally.

19. Ghana. Bauxite, gold, diamonds, silver, ocean, salt, manganese, and ... Ghana is rich in Gold, oxides, diamonds manganese, crude oil silver, and salt and currently won the second largest producer of gold in Africa. Ghana can hold their successes to establishing more gold mines in modern facilities. There are about 90 Enterprises which specialized in gold mining.

18. Equatorial Guinea. Equatorial Guinea's major natural resources are timber, petroleum, and small unexploited deposits of gold, manganese, and uranium. In addition, fishing also makes up a major part of the country's resources.

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