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Sector Note -
This quarter’s topic: We take another look at the rankings of the various countries in Africa that have a significant exposure to mining. We take the widely accepted Transparency International corruption rankings as a starting point and modify it to account for exceptional geology, current security risks and for recent resource nationalisation and other state-sponsored negative interference. Transparency International has just released an updated set of global rankings to coincide with the 2020 Davos economic summit.