The mining sector of the continent is showing no signs of slowing down as Africa draws increasing worldwide attention in its vast mineral resources. The next African Mining Week, scheduled for October 1-3, 2025 in Cape Town, intends to highlight the sector’s ever more central part in economic growth as countries raise output and investment across important initiatives.
From gold and diamonds to lithium and copper, African nations are using their natural riches to increase GDP, generate employment and propel infrastructural growth. Here is a glimpse at how many countries are spearheading the charge.
Mining in Mali is turning out to be a strong source of income. The sector is projected by the government to generate $1.2 billion in tax income in the first quarter of 2025 just. Major new projects, notably Hummingbird Resources’ Yanfolia project and Ganfeng Lithium’s Goulamina mine, are driving this increase. Mining added $1 billion to the economy of the nation back in 2023, an incredible 21.5% of the national budget. That number is expected to increase even more.
Traditionally depending on agriculture, Malawi is now hastening its mining goals under a national plan including tourism as well. Called the Agriculture, Mining and Tourism strategy, the proposal intends to generate employment and increase exports. The World Bank estimates that by 2027, the mining industry will add 12% to Malawi’s GDP. From 2026 to 2040, export income from mining is projected to reach $300 billion, much more remarkable.
South Africa is still one of Africa’s mining giants. The sector produced a staggering R100 billion in national income in 2024, contributing 6% to GDP. Reaching R800 billion, it also contributed 45% of total merchandise exports and around 475,000 formal jobs. The nation is strengthening mining as a main economic pillar with programs to restore the gold sector and fast-track major mineral projects.
Driven by its world class copper resources, Zambia’s mining sector is also booming. Employed 15% of the official workforce, the industry generates 20% of government income and 70% of export profits. Running parallel to attempts to reallocate 1,000 confiscated mining licenses to draw new investment, a daring plan to raise yearly copper output to 3.1 million tons by 2031 is under progress. Barrick, Jubilee Metals, and Tertiary Minerals are among the companies already supporting this.
Renowned for its diamonds, Botswana still glows in the worldwide mining arena. The industry accounts for an amazing 85% of the country’s exports, 30% of GDP, and 4% of total employment. Botswana wants to release even more value and increase income and job development by now pushing to create additional worldwide alliances.
Ghana is showing that even tiny miners may have a major influence. Gold by alone accounted for 48.4% of GDP in 2024; small-scale gold miners produced a remarkable $5 billion in foreign income. The nation is in a good position to get even more value from its mineral riches given intentions to tighten rules, regulate informal activities, and increase investment.
Africa’s mining future seems quite bright given worldwide demand for minerals skyrocketing due to the energy revolution and the advent of new technology. Investors, governments, and business executives will gather at African Mining Week 2025 in Cape Town to talk about how to maximize this momentum. The event will emphasize how nations are reinvesting mining profits into more general development, so guaranteeing that the sector stays fundamental to the narrative of economic growth of Africa.
Africa’s mining sector is boldly into the limelight in a time when minerals are driving everything from solar panels to cellphones.