140 likes | 173 Views
Rising Stakes in the Exploitation and Management of Africa’s Natural Resources. 16-17 October 2006 Misty Hills, Muldersdrift. Presented at a Conference on China in Africa in the 21 st Century: Preparing for the Forum on China- Africa Cooperation by John Rocha, Senior Analyst at SaferAfrica.
E N D
Rising Stakes in the Exploitation and Management of Africa’s Natural Resources 16-17 October 2006 Misty Hills, Muldersdrift Presented at a Conference on China in Africa in the 21st Century: Preparing for the Forum on China- Africa Cooperation by John Rocha, Senior Analyst at SaferAfrica
Overview of Presentation Background and context Current status, trends and outlook Major Challenges Areas of cooperation
1. Background and context History of violent conflicts over access to/ control of natural resources Paradox of poverty and underdevelopment in the midst of immense natural wealth New African vision: growth and renewal, underpinned by human security framework
2. Current status, trends and outlook Overview of China 158 minerals with identified resources and reserves in 2004 (10 energy minerals, 54 metallic minerals and 91 non-metallic) Of the 45 varieties of minerals in China only 24 will be able to meet domestic demand by 2010 and only 6 by 2020. Source: Chinese Ministry of Land and Natural Resources
2. Current status, trends and outlook… China domestic production vs demand
2. Current status, trends and outlook… Africa’s mineral reserves vs world
2. Current status, trends and outlook… Chinese footprints in Africa Oil: Algeria, Angola, Chad, Sudan and increasing stakes in Equatorial Guinea, Gabon, and Nigeria. Exploration ongoing in other countries such as Kenya etc. Minerals: DRC (cobalt), Zambia (copper primarily), Gabon (iron ore) Other minerals are also being exploited by Chinese companies China also sources over 20 per cent of its log imports from Africa
2. Current status, trends and outlook: global dimension Projected oil demand • Global oil demand: 12m b/d to 89mb/d from 2002 to 2010 (annual growth rate of 1,5mb/d or 1,8% per annum) • The next decade: 17mb/d to 106mb/d by 2020 and then to 115mb/d by 2025 • ¾ of increase in demand from developing countries • Source: OPEC-Oil Outlook to 2025
3. Major Challenges Managing diverse interests and competition for access Conducive environment for peace, security, stability and sustainable development Maximize and optimize resources Peak Oil and resource depletion
4. Areas for China-Africa cooperation on natural resources Stock levels, including issues of local demand vs international Technical and technological know how, including R&D Value addition/beneficiation/upward-downstream/linkages with the economy. Mining enclaves? Information and knowledge management: geological (including reliability) and other Explore alternative uses