Africa holds about 30% of the world’s critical mineral reserves, representing an estimated US$8.6 trillion opportunity.
This emerged at Wednesday’s discussions at the Africa Energy Forum (AEF).
Speaking at a panel discussion, Mpho Mokwele, Group Executive for Coverage & Origination, at the Development Bank of Southern Africa (DBSA) said Africa’s critical minerals opportunity is not simply about resources, it is about industrialisation, value creation and long-term economic growth.
The panel spoke at length about creating stable policy and regulatory environments that attract long-term capital.
Other matters discussed are the expansion of beneficiation and value-adding activities, investing in enabling infrastructure, including energy, logistics and regional transport corridors.
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