Africa’s Resource Export Opportunities and the Global Energy Transition
Sub-Saharan Africa has vast non-fuel mineral resources that in some countries constitute major shares of their gross domestic product. The region also contains large oil and natural gas resources, which have been reliable sources of revenue for dec...
| Main Authors: | , , |
|---|---|
| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/431621608028194772/Africa-s-Resource-Export-Opportunities-and-the-Global-Energy-Transition http://hdl.handle.net/10986/34946 |
| Summary: | Sub-Saharan Africa has vast non-fuel
mineral resources that in some countries constitute major
shares of their gross domestic product. The region also
contains large oil and natural gas resources, which have
been reliable sources of revenue for decades. The region as
a whole may be able to prosper from the global shift from
oil and gas to renewable energy, but individual countries
will feel the impact of the shift in different ways. To
predict how these impacts may be felt - and what can be done
to strengthen opportunities for export - estimates of trade
elasticities of hydrocarbons and nonhydrocarbon metals and
minerals provide a valuable guide. |
|---|