Africa is rich in natural resources ranging from arable land, water, oil, natural gas, minerals, forests and wildlife. The continent holds a huge proportion of the world’s natural resources, both renewables and non-renewables.
Africa is home to some 30 per cent of the world’s mineral reserves, 8 per cent of the world’s natural gas, 12 per cent of the world’s oil reserves; the continent has 40 per cent of the world’s gold and up to 90 per cent of its chromium and platinum. The largest reserves of cobalt, diamonds, platinum and uranium in the world are in Africa. Africa holds 65 per cent of the world’s arable land, 10 per cent of internal renewable fresh water source.
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