Liberia has a lot of natural resources, including minerals, forests, water, and farmland. Important minerals like iron ore, gold, and diamonds are found in areas such as the Bomi Hills and Mount Nimba. In 2023, production rose, with gold by 16.4%, diamonds by 2.6%, and iron ore by 1% due to favorable mining conditions. Forests…
Guinea-Bissau has rich natural resources, minerals, fertile land, fisheries, and forests. Its notable minerals include bauxite, phosphates, gold, diamonds, and untapped petroleum. In 2024, the country began exploring deepwater oil, with Apus Energy drilling an offshore well targeting 314 million barrels. Agriculture, mainly cashew nuts, drives the economy, making up 90% of exports. Fisheries are…
Guinea has vast natural resources, including 23% of the world’s bauxite reserves, and exported over 102 million tons in 2022, ranking second in the world. The country also has over 4 billion tons of untapped high-grade iron ore, mainly in Simandou and Mount Nimba. Gold and gem-quality diamonds are abundant. Other minerals like graphite, uranium,…
Cabo Verde, an archipelago of 10 volcanic islands off West Africa, has limited but varied natural resources. Its main assets are stunning beaches, rich marine life, and strong renewable energy potential. The islands, made of igneous rock, have volcanic formations dating back 8–20 million years. Major minerals include basalt, limestone, pozzolana, kaolin, and gypsum. Pozzolana…
Burkina Faso has plenty of natural resources, with gold as its top economic driver. In 2024, it produced 60,000 kg of gold, ranking fourth in Africa and contributing 2% to global output. Gold alone generates over 70% of export earnings and 18% of GDP, supported by both industrial and artisanal mining. Other minerals: zinc, manganese,…
Benin has mineral deposits, iron ore in the Atakora Mountains, limestone in Onigbolo, and offshore oil reserves exceeding 5 billion barrels of crude oil and 91 billion cubic meters of natural gas. Oil production peaked in the 1980s, totaling 22 million barrels before halting in 2004. Efforts to restart production could yield up to 7,500…
