{"id":30665,"date":"2023-07-13T15:32:25","date_gmt":"2023-07-13T15:32:25","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/?p=30665"},"modified":"2023-07-13T16:22:49","modified_gmt":"2023-07-13T16:22:49","slug":"mineral-beneficiation-way-of-boosting-africas-economy","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/mineral-beneficiation-way-of-boosting-africas-economy","title":{"rendered":"MINERAL BENEFICIATION WAY OF BOOSTING AFRICAS ECONOMY"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>The beneficiation of diamonds and other minerals to add value, generate jobs and increase revenue, is the next point of growth for Botswana and other African countries\u2019 economies. <\/b><\/p>\n

President Dr Mokgweetsi Masisi said this when delivering his keynote address at the US-Africa Business Summit held at the Royal Aria Convention Centre in Tlokweng.<\/p>\n

He said value addition to the mineral sector through innovation, technology and knowledge systems would boost African countries\u2019 economies. Botswana was determined to see this happen.<\/p>\n

\u201cAs the world\u2019s largest producer of gem diamonds by value, it is imperative that we develop value chains for raw materials to allow for greater value addition, spur innovation and growth, adapt to climate change, build sustainability, deepen economic diversification and create opportunities for exploitation of global supply chains,\u201d he said. The President added the desire to see this happen inspired government\u2019s Reset Agenda, whose key priorities included harnessing new and evolving technologies brought about by the Fourth Industrial Revolution (4IR).<\/p>\n

Deliberating on the High Level Dialogue on Enhancing Africa\u2019s Value in Minerals on the margins of the Summit, Zambia\u2019s Minister of Commerce, Trade and Industry, Mr Chipoka Mulenga echoed President\u2019s Masisi\u2019s sentiments, saying Zambia and the Democratic Republic of Congo (DRC), as neighbouring states endowed with critical mineral resources, had partnered to explore setting up joint value addition industries.<\/p>\n

That, he said, would halt capital flight and exportation of jobs. Mr Mulenga said African states should stop seeing each other as competitors, but rather evaluate each country\u2019s comparative advantage, then complement each other through intra-African trade and exporting of value added products to the rest of the world.<\/p>\n

\u201cAfrica needs collaboration between governments and the private sector on the development of critical skills and a stable regulatory environment,\u201d he said. For his part US Development Finance Corporation CEO Mr Scott Nathan, said having an enabling environment, which included good regulatory framework, infrastructure and access to finance was necessary in attracting investment in mineral value addition.<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. The beneficiation of diamonds and other minerals to add value, generate jobs and increase revenue, is the next point of growth for Botswana and other African countries\u2019 economies. President Dr Mokgweetsi Masisi said this when delivering his keynote address at the US-Africa Business Summit held at the Royal Aria Convention Centre in […]<\/p>\n","protected":false},"author":84,"featured_media":30663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12,244],"tags":[233,237,234],"class_list":["post-30665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","category-to-homepage","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nMINERAL BENEFICIATION WAY OF BOOSTING AFRICAS ECONOMY - Botswana<\/title>\n<meta name=\"description\" content=\"The beneficiation of diamonds and other minerals to add value, generate jobs and increase revenue, is the next point ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/mineral-beneficiation-way-of-boosting-africas-economy\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MINERAL BENEFICIATION WAY OF BOOSTING AFRICAS ECONOMY\" \/>\n<meta property=\"og:description\" content=\"The beneficiation of diamonds and other minerals to add value, generate jobs and increase revenue, is the next point ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/mineral-beneficiation-way-of-boosting-africas-economy\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-13T15:32:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-13T16:22:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/07\/sm_1689245296.521074.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1681\" \/>\n\t<meta property=\"og:image:height\" content=\"1120\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/mineral-beneficiation-way-of-boosting-africas-economy#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/mineral-beneficiation-way-of-boosting-africas-economy\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"MINERAL BENEFICIATION WAY OF BOOSTING AFRICAS ECONOMY\",\"datePublished\":\"2023-07-13T15:32:25+00:00\",\"dateModified\":\"2023-07-13T16:22:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/mineral-beneficiation-way-of-boosting-africas-economy\"},\"wordCount\":351,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/mineral-beneficiation-way-of-boosting-africas-economy#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/07\/sm_1689245296.521074.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/mineral-beneficiation-way-of-boosting-africas-economy#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/mineral-beneficiation-way-of-boosting-africas-economy\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/mineral-beneficiation-way-of-boosting-africas-economy\",\"name\":\"MINERAL BENEFICIATION WAY OF BOOSTING AFRICAS ECONOMY - 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