What Uganda Does With This Discovery Could Change Everything!
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📜 Uganda's “$12 Trillion” Gold Discovery: A New Chapter in African Wealth?
Africa has long been a continent of immense wealth from the legendary riches of Mansa Musa’s Mali Empire to the powerful empires of Wagadu (Ghana) and Songhai. Now, a new chapter may be unfolding. In 2022, Uganda shocked the world with the discovery of over 31 million metric tons of gold ore, an estimate that some valued at $12 trillion. But what does this really mean for Uganda and for Africa?
In this video, I explore the historical context of African wealth, from accounts by Al-Masudi and Ibn Battuta to 19th-century descriptions of the prosperous Buganda Kingdom. I then examine the modern implications of Uganda’s gold find in the Karamoja region, the role of Chinese investment, and the critical need for local ownership, transparency, and long-term development.
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📌 Keywords:
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