Kenya’s Failing Bid to be East Africa’s Next Resource Hub
Kenyans are abuzz with hope that its newly-discovered resources will enrich the country, but is Kenya prepared to make the most of its natural wealth?
Kenya, a long time outlier in a continent known for its mining and oil, is now facing the prospect of a natural resources boom itself. And Kenyans are abuzz with hope that the country can harness its newfound mineral wealth to propel East Africa’s largest economy even further.
But while these discoveries could provide a significant source of revenue for Kenya, disorganisation within Kenya’s mining ministry, and controversy surrounding one Canadian company in particular, raise concerns that Kenya may be unprepared to regulate and benefit from its forthcoming resource surge.
Read the full article as it appeared at Think Africa Press.