Browsing: Africa’s critical minerals

• Research by the Economic Commission for Africa (ECA) shows that demand for critical minerals will drive the quest to decarbonize economies and to reach net-zero emissions by 2050.
• Africa could be the go to industrialization destination by adding value to the critical minerals on the continent.
• Africa’s commitment to trade-led economic integration should be leveraged to support the development of minerals-based regional and continental value chains and economic diversification.

Africa—rich in critical minerals—will accelerate intra-continental trade and harness its natural resources for sustainable development by rolling out effective trade policies, to benefit from the global rush for green energy transition.

With approximately 30 per cent of the world’s mineral reserves, including cobalt, lithium, and nickel, which are considered essential for the green transition, African countries need to exploit these resources to drive its development, particularly trade and industrialization, experts say.

An Expert Group Meeting (EGM) on Africa’s Critical Minerals in …