"Each of the seven continents of the world has diverse natural resources. Africa has the richest concentration of natural resources such as oil, copper, diamonds, bauxite, lithium, gold, hardwood forests, and tropical fruits. It is estimated that 30% of the earth’s mineral resources are found in the African continent. Additionally, Africa has the world’s biggest precious metal reserves on earth. Despite the wealth of natural resources, Africa still lags behind in development due to corruption and resource mismanagement" - World Atlas.