A statement issued by the Directorate of Presidential Communication said Magufuli appealed to the former leaders to understand that the continent’s resources could play a major role toward economic emancipation.
Magufuli made the appeal when speaking at a meeting convened at State House by the African Leadership Forum.
The forum brings together former African leaders for open and frank discussion about the challenges facing the continent.
The 6th African Leadership Forum brought together former presidents of Tanzania, South Africa, Somalia and Madagascar, said the statement.
“After African countries had gained political independence, the focus now should be attaining economic independence through good management of our resources, especially natural resources.’’ said Magufuli.
He said dependence on foreign donors and lack of technology needed to drive the industrialisation agenda to add value to products was some of the reasons that were holding the African continent back.
Magufuli said the theme of the forum: “Improving Good Management of Natural Resources Toward Socio-Economic Reforms in Africa” was timely because it reinforced the need to exploit the continent’s resources for the benefit of its people.
He said Tanzania had taken a number of measures aimed at protecting its natural resources for the benefit of its people.
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