Africa needs developing industrial processing capacity to tap into its strategic mineral reserves, the African Development Bank (AfDB) said. In a detailed report dubbed, A Dozen Critical Minerals for Africa’s Inclusive Growth and Development, the development bank revealed stark imbalances. Despite 29% of global bauxite reserves, 64% of manganese, and 70% of cobalt production, Africa […]
Tag: mineral wealth
Africa’s critical mineral value chains need to be enhanced to realize their full potential — experts
While Africa’s critical mineral reserves and mineral industry are possibly the largest in the world, if African countries are to harness the full potential of these essential resources, local and sustainable value chains must be established, according to experts. Home to 30% of the world’s mineral reserves — found in abundance in South Africa, Zimbabwe, […]