Unlocking Africa’s Mineral Wealth: The Power of Arbitrage, Part 1 of 4
In the context of the mining industry in Africa, the potential for arbitrage is particularly significant. Africa holds an estimated 30% of the world’s mineral reserves, including 40% of gold, 60% of cobalt, and 90% of platinum group metals. Despite this mineral wealth, the continent only accounts for about 8% of global mineral production. This discrepancy alone hints at the scale of the arbitrage opportunity.