Traore Applauds Malawi’s President's Decision To Ban Minerals Export And Order Contract Audits

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In February 2024, President Traore of Burkina Faso suspended artisanal gold exports in a bid to better organize the country’s gold mining sector. This decision was taken to take control of the country’s gold resources which had been left in the hands of terrorists and foreign Western companies. In an interesting twist, the President of Malawi, Lazarus McCarthy Chakwera, has recently made a similar move. He has indefinitely banned the export of gemstones and precious minerals and also ordered an audit of the country’s mining sector. The question is “Why did he make this move? And, what do other African countries think about this move? Let's find out.

For the last 500 years, the West has not only mapped out Africa as a cheap source of raw materials but also assumed the position as the place where industrial revolution can only happen. This strategy by the West can be traced back to 1502 with the advent of the transatlantic slave trade, and the European plantation system in the Americas where those slaves caught were used to farm large plantations. The strategy continued through European colonialism of Africa starting with the Berlin Conference of 1884–1885, where the whole of Africa was divided into segments to be conquered by the West, and the major reason for the colonization was to create and maintain colonies for the sole purpose of extracting and shipping its raw materials to supply an industrializing Europe’s needs. This system continued even after the independence of African countries. Although they left, former colonial masters like France ensured that they could still easily access these raw materials with the aid of a colonial pact.