Central and East African Mining Sector Faces Evolving Risks Amid Resource Nationalism
The mining industry in Central and East Africa is navigating a complex landscape characterized by security threats, resource nationalism, and shifting global supply chain dynamics. According to Wambui Nzigo, an analyst at Control Risks East Africa, governments in the region are increasingly focusing on maximizing benefits from their mineral wealth, leading to heightened scrutiny and regulatory challenges for international mining companies. Security risks vary across countries, with the Democratic Republic of Congo (DRC) facing threats from armed conflicts and illegal mining activities. Resource nationalism is also on the rise, with countries like Tanzania implementing laws to increase local content and beneficiation, impacting mining operations and investments.