Natural resources of Africa in the context of "Diamond"

Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surface area. With nearly 1.4 billion people as of 2021, it accounts for about 18% of the world's human population. Africa's population is the youngest among all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Based on 2024 projections, Africa's population will exceed 3.8 billion people by 2100. Africa is the least wealthy inhabited continent per capita and second-least wealthy by total wealth, ahead of Oceania. Scholars have attributed this to different factors including geography, climate, corruption, colonialism, the Cold War, and neocolonialism. Despite this low concentration of wealth, recent economic expansion and a large and young population make Africa an important economic market in the broader global context, and Africa has a large quantity of natural resources.

Africa straddles the equator and the prime meridian. The continent is surrounded by the Mediterranean Sea to the north, the Arabian Plate and the Gulf of Aqaba to the northeast, the Indian Ocean to the southeast and the Atlantic Ocean to the west. France, Italy, Portugal, Spain, and Yemen have parts of their territories located on African geographical soil, mostly in the form of islands.

External colonies were first founded in Africa during antiquity. Ancient Greeks and Romans established colonies on the African continent in North Africa, similar to how they established settler-colonies in parts of Eurasia. Some of these endured for centuries; however, popular parlance of colonialism in Africa usually focuses on the European conquests of African states and societies in the Scramble for Africa (1884–1914) during the age of New Imperialism, followed by gradual decolonisation after World War II.

The principal powers involved in the modern colonisation of Africa were Britain, France, Germany, Portugal, Spain, Belgium, and Italy. European rule had significant impacts on Africa's societies and the suppression of communal autonomy disrupted local customary practices and caused the irreversible transformation of Africa's socioeconomic systems. Colonies were maintained for the purpose of economic exploitation and extraction of natural resources. In nearly all African countries today, the language used in government and media is the one used by a recent colonial power, though most people speak their native African languages.