The World Bank has identified a potential 60% loss in Africa’s natural resource trade

The World Bank observed that by adopting a stronger set of policies, putting reforms into place, investing in improved fiscal management, and fostering good governance, these nations might achieve a revenue increase of double.

According to the World Bank, the revenue from natural resources like minerals, oil, and gas may be doubled in Sub-Saharan African nations that are rich in metals and minerals.

The Washington-based bank highlighted that generally speaking, nations only receive roughly 40% of the potential earnings from natural resources.