Southern African Development Community is a regional organization consisting of 14 Member Countries are: Angola, Botswana, D.R. Congo, Eswatini (formerly Swaziland), Lesotho, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa, Tanzania, Zambia and Zimbabwe.
SADC is one of the richest regions in the world, and richer than all the world’s continents combined. SADC in-ground assets far exceeds the GDP of the outside world. The region is distinct from the rest of Africa, with some of its main exports including platinum, diamonds, gold, copper, cobalt, coltan, and uranium, but it is similar in that it shares some of the problems of the rest of the continent. In terms of economic strength, South Africa is by far the dominant power of the region. South Africa’s GDP alone (estimated at US$350-Billion) is many times greater than the GDPs of all other countries in the region.
SADC has more Rare Earth elements than the rest of the world and is prime focus for the future of international industrialization because of its in-ground assets. If we look at what the in-ground assets of SADC compared to the GDP of the world, SADC is in the best financial position. According to TRG and BBA’s research, Zimbabwe has over US$16-Trillion of in-ground assets, Angola has over US$22-Trillion of known in-ground assets, and D.R. Congo has over US$38-Trillion of in-ground assets. Only these 3 African countries combined assets have over US$76-Trillion of known in-ground assets. The USA for example, compared SADC miserably. The GDP of the USA for 2019 was US$19-Trillion.
We can clearly see that the in-ground assets of Zimbabwe, Angola and D.R. Congo far exceeds the GDP of the USA, Europe and the Middle East put together. Thus, the potential for GDP growth, based on natural resources, is better in SADC than anywhere in the world.
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