Strategies to attract new investment for African mining
Strongman, John
African mineral growth has been achieved mainly by the private sector. Future growth will depend on attracting high-risk capital from foreign mining companies with the technical and managerial capability to find new deposits and develop new operations. Investors consider country risk to be much lower where there is an explicit commitment to and a demonstrated track record of support for private investment. Investors perceive country risk to be greatest where there is no commercial mining tradition. Efficient and rapid mineral development requires governments to allow private companies to take the lead in operating, managing, and owning mineral enterprises. Governments can encourage mineral development b y restricting their role to regulator and promoter, leaving operations and management to private enterprise.
Show more [+] Less [-]AGROVOC Keywords
Bibliographic information
This bibliographic record has been provided by World Bank
