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Byline: Faridah Kulabako
African countries have been urged to build geological skills and expertise so as to boost their capacity to quantify mineral resources wealth in order to reap a fairer share from them.
Speaking to journalists during a Standard Bank Africa Media forum in Johannesburg last week, Mr Claude Kabemba, Southern Africa Resource Watch director, said negotiating mining and oil deals basing on information provided by the extraction companies costs the continent billions of dollars annually.
"Resource contracts on the continent are often dubious and in favour of transnational extraction …