The mining sector is emerging from what has been arguably its most challenging period in the 21st century. The commodity supercycle boom at the start of the century generated high expectations for the mining sector as emerging markets grew rapidly, led by the BRICs. With the price of most base metals peaking in 2012, the subsequent downturn cast shadows over the sector worldwide and disproportionally affected commodity-producing countries, many of them in South America.
With the Africa Continental Free Trade Area (AfCFTA) closer than ever to becoming a reality, the results of Oxford Business Group’s Business Barometer in Africa have shown that the continent’s business community is upbeat about the deal, with the largest majority of the survey respondents saying it will have a positive or very positive impact on intra-regional levels.
Completing the full infrastructure development cycle from investment to exit is a fundamentally innovative task, requiring agile thinking and principled decision-making to develop sustainable new assets.