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Critical Minerals: Morocco offers British investors business opportunities up to £55 billion

The UK government has invited investors to tap into the huge business opportunities offered in Morocco’s critical minerals (CM) processing, driven by surging global demand for electric vehicles and renewable energy technologies. A report published by the British Foreign Office and Department for Business & Trade says the North African Kingdom provides a £35 billion […]

Africa Energy Headlines International

US de-risking plans challenged by China’s control of critical minerals in Africa — study

The United States’ ambitions to de-risk its critical minerals from China’s supply chains may be complicated by Chinese control of cobalt and other resources from Africa, most notably the Democratic Republic of Congo (DRC), a new study finds. The study, recently released by the London-based minerals research and pricing firm Benchmark Mineral Intelligence, found that […]

Africa Business Emerging Markets Energy Headlines International

Sub-Saharan Africa urged to maximize revenues from critical minerals boom — IMF

The sub-Saharan African region that holds about 30% of the world’s proven critical mineral reserves can be transformed if it can take the opportunity to develop critical minerals markets and processing industries to maximize the potential of the coming boom, the IMF’s latest Regional Economic Outlook says. The global transition to clean energy is set […]

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US African policy should focus on critical minerals- Think Tank

The US should craft a foreign policy in Africa that focuses on critical minerals to curb dependence on China, the United States Institute of Peace said. “US economic and national security depend on securing a reliable supply of critical minerals, including from Africa,” the Washington-based Think tank said in a report. The US relies on […]

Africa Business Emerging Markets Headlines International

Critical Minerals Africa Summit 2023 explored continent’s role in global mineral supply chains

The Critical Minerals Africa 2023 summit was held in Cape Town this week (17-19 October), with a high-level ministerial panel addressing the future of African mineral resource development, as the continent’s mineral reserves gear up to power a global energy transition. The Critical Minerals Africa 2023 summit, organized by Energy Capital & Power, serves to […]

Africa Asia Emerging Markets Headlines International

Japan inks critical mineral deals with five African countries to mitigate reliance on China

Japan has secured deals with five African countries in a move aimed at mitigating Tokyo’s reliance on China for critical minerals, which comes as strategic competition between Western allies and China for access to key raw materials used in high-tech industry heats up. Japan’s Economy, Trade and Industry Minister Yasutoshi Nishimura, accompanied by Ichiro Takahara, […]