AI Summary

African governments are seeking to exert greater control over the gold industry on the continent, but the majority of its value is still being funneled abroad. The current state of affairs suggests that a significant portion of Africa's gold is being extracted and sold to external markets, resulting in substantial revenue being generated outside of the continent. This has led to calls for African governments to reassess their role in the gold industry and explore ways to retain more of the profits. The implications of this situation are multifaceted, with potential consequences for both African economies and the global gold market.

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