Tunisia Telegraph: Xi on Africa's Resources

Chinese President Xi Jinping affirmed that Africa’s resources belong solely to Africans and emphasized the importance of respecting this principle as a prerequisite for any cooperation in the mining sector. While supporting the rights of African countries to their wealth, the reality on the ground shows that many of these nations, despite their mineral riches, continue to suffer from poverty, even as industries that process these minerals realize greater profits. Examples such as the Democratic Republic of Congo illustrate that partnerships with foreign companies, especially Chinese firms, often focus primarily on resource extraction without fully benefiting from manufacturing and processing within Africa, where most industrial profits go abroad. Xi also called for reform of the global economic system, which keeps Africa at the bottom of the value-added chain. He stressed that developing the mining sector requires investments, technology, and processing industries within the continent to achieve real economic benefits. These statements highlight a gap between rhetoric and actual policies, particularly as foreign companies continue to dominate processing stages, disputes persist over equitable sharing of benefits, and Africa's limited gains from its resources remain despite claims asserting its ownership and rights over them.

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