Battle for Africa - The $24 Trillion Country That Stays Poor (While Everyone Else Gets Rich)
Автор: EconFlics
Загружено: 2026-01-13
Просмотров: 73
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Your iPhone has 8 grams of cobalt. Your Tesla has 8-15kg. 75% comes from one country. Here's why that's everyone's problem.
This isn't just another resource documentary. This is a dual-narrative economic analysis that reveals why Congo—sitting on $24 trillion in minerals—remains desperately poor while everyone else gets rich from its resources.
For Investors: Understand the single-point supply chain failure threatening $993 billion in EV investments. China controls 80% of cobalt production and 75% of refining. Your tech holdings carry geopolitical risk you can't diversify away—yet.
For Africa: Learn why resource-rich nations capture only 10-15% of mineral value while refiners take 85-90%. Discover the five-point strategy (the Botswana model) that breaks the resource curse: local processing, technology transfer, sovereign wealth funds, economic diversification, and regional cooperation.
The Connection: These aren't opposing stories. Fair resource agreements solve BOTH problems—giving investors stable supply chains and giving African nations prosperity. The current system of chaos and poverty serves no one except those profiting from instability.
We analyze cobalt's journey from $20,000/ton raw ore to $100,000+ in finished batteries, revealing exactly where value is captured and lost. Compare Botswana's diamond success (poverty to $18,000 GDP per capita) with Congo's cobalt tragedy ($1,500 per capita despite richer resources).
What You'll Learn:
Why Tesla lost $1 billion to supply chain disruptions in 2023
How Rwanda smuggles $1+ billion in Congolese minerals annually
Why US/EU's $10 billion investment push won't break China's grip
The exact strategy Tanzania used to increase mining revenue from 16% to 50%
What solid-state batteries mean for cobalt's future (2026-2030 outlook)
This is economics education that respects your intelligence—connecting Wall Street realities with African development imperatives to show how the global system actually works.
SOURCES & DATA:
US Geological Survey: Global Cobalt Production Statistics (2024)
China Molybdenum Annual Report: 57% production control, $1.08B expansion (2024)
UN Group of Experts Report: Rwanda-M23 Mineral Smuggling Documentation
World Bank: DRC GDP per capita data, Botswana comparative analysis
Bloomberg Commodity Index: Cobalt price tracking ($36,000-$52,790/ton volatility)
International Energy Agency: EV Market Projections ($993B to $3T by 2030)
Tanzania Ministry of Minerals: Barrick Gold renegotiation case study (2017-2023)
African Continental Free Trade Area (AfCFTA): Regional cooperation framework
Apple Supplier Responsibility Report: $50M supply chain audit spending (2024)
Tesla Impact Report: Supply chain disruption costs and low-cobalt battery development
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send us an email to, econflicschannel@gmail.com, and we can sort it out.
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