Mining Africa needs local job creation, not shipping away resources

Post date: Nov 16, 2010 9:08:09 AM

Mining Africa conference

Ngozi Okonjo-Iweala,

World Bank managing director

urged miners to consider a more "value-added" approach to investment in Africa, creating local jobs rather than just stripping away their resources and shipping them home.

China's investments in Africa

have come under increasing scrutiny, and it has faced accusations of propping up rogue governments in order to gain access to some of the continent's most promising deposits of oil and minerals.

Chinese companies eying African mineral resources must stop making closed-door deals

source: http://af.reuters.com