Africa’s Billion Dollar Map
A World Bank initiative aims to compile Africa’s mineral maps into a single, public database: the Billion Dollar Map. The goal is to give African nations as much information as possible about their natural resources so that they can earn a fair price for the minerals they sell.
The groundwork for the initiative has evolved over the past 10 years, with the World Bank investing more than USD 200 million in geological data in Africa. The initiative is still going through the funding and preparation stage, but reactions from governments and the industry have been positive.