Why is Africa so poor despite being rich in natural resources?

Africa remains the poorest continent despite possessing extraordinary mineral wealth, including 50% of all gold ever mined and the world's largest reserves of diamonds, platinum, and critical minerals like cobalt. This paradox stems from historical factors like colonialism and ongoing neocolonial exploitation, coupled with geographical challenges that hinder trade and development. The Democratic Republic of Congo illustrates this contradiction perfectly - it contains an estimated $24 trillion in mineral resources, yet its entire GDP in 2023 was only $66 billion, demonstrating how resource wealth fails to translate into economic prosperity for African nations.