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Why gold refineries are springing up across Africa

Africa is seeing a growth in gold refineries opening up. They have received high political backing, and have been described as a means for Africans to make use of their natural resources, whilst obtaining a fair share of wealth that comes from gold mining and trade. Frank Mugyenyi, head of the minerals unit at the African Union, told Βι¶ΉΤΌΕΔ Newsday why the continent needs to refine its gold.

(Photo: An employee uses hammer to clean a gold ingot during the refining process at African Gold Refinery in Entebbe. Credit: Reuters/Baz Ratner)

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3 minutes