Browsing: Electric vehicles in Africa

Africa’s e-mobility is gaining momentum, largely driven by the daunting climate change crisis, fueling the need to decarbonize transport systems. African countries remain in pursuit of e-mobility solutions and advancement to low-carbon economies. Africa’s endowment with minerals key to the global green transition offers a significant advantage.…

According to McKinsey published February 23, 2022, transport currently makes up 10 percent of Africa’s total greenhouse gas (GHG) emissions. This is expected to increase in line with sub-Saharan Africa’s expanding vehicle parc.

South Africa, Kenya, Rwanda, Uganda, Ethiopia, and Nigeria make up around 70 per cent of Africa’s annual vehicle sales and 45 per cent of the region’s population.

The vehicle parc is expected to grow from 25 million vehicles today to an estimated 58 million by 2040, driven by urbanization and rising incomes. As its vehicle parc grows, the challenge for Africa will be to push for more sustainable mobility and avoid the risk of becoming the dumping ground for the world’s unwanted used ICE vehicles.…

Covid-19, according to UNECA’s Vera Songwe, was evidence that Africa cannot be ignored if the rest of the world is to reap from the 1 billion-plus African population.

Speaking at the Global Leaders Debate: Investments in Sustainable Innovation for a Thriving Future, Songwe said that 60 million electric vehicles are needed by 2050 and the raw materials are in Africa. “The continent controls 30 per cent of the raw materials and the sector needs to be relooked at to see how to attract more investment in the sector.”

Due to MSMEs’ contribution to socio-economic infrastructures in both developed and developing countries during the transition from market-oriented economies, they remain an important part of the continent’s economy.…