According to government estimates, extractives currently contribute just one percent to Kenya's national income and less than two percent of export earnings. This is cited by AfDB’s Information Centre for the Extractive Sector factsheet. This contribution is set to grow significantly (current estimates suggest the sector may grow to 10% of GDP). There is much anticipation that the extractive sector – oil and gas in particular – can bring transformational economic growth to the country. This category includes policy issues around processes that involve the extraction of raw materials from the earth to be used by consumers. The extractive industry consists of any operations that remove metals, mineral and aggregates from the earth. Any processes that involve the extraction of raw materials from the earth to be used by consumers. The extractive industry consists of any operations that remove metals, mineral and aggregates from the earth. Examples of extractive processes include oil and gas extraction, mining, dredging and quarrying.
Read more: http://www.businessdictionary.com/definition/extractive-industry.html Any processes that involve the extraction of raw materials from the earth to be used by consumers. The extractive industry consists of any operations that remove metals, mineral and aggregates from the earth. Examples of extractive processes include oil and gas extraction, mining, dredging and quarrying.
Read more: http://www.businessdictionary.com/definition/extractive-industry.html Any processes that involve the extraction of raw materials from the earth to be used by consumers. The extractive industry consists of any operations that remove metals, mineral and aggregates from the earth. Examples of extractive processes include oil and gas extraction, mining, dredging and quarrying.
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