In case you missed it: The critical-minerals BOOM is HERE. Can AFRICA take advantage? Also see TOP mineral by Africa country (infographic). Technology is increasingly influencing the way people around the world live, creating opportunities in some cases and introducing new challenges in others. Just as important as a technology’s impact is the technology’s origin—or origins. Any given #technology can be traced back, through its individual components and #materials, to a number of sources. And the question about where those components and materials come from matters. Modern technology, economies, #livelihoods, and weapons depend on #criticalminerals such as #magnesium, #cobalt, #lithium, or even #copper. Where countries source these minerals makes a difference for national and strategic #security. Since #AFRICA is home to 30 percent of the world’s known critical minerals, the #continent is at the forefront of conversations. But currently, African nations aren’t getting their fair share of the benefits of the critical-minerals boom and buzz generated by the evolution of modern technologies. For that to happen, Africa will need more investment in its capacities to refine or add value to minerals within the continent; such investment could fuel a long-awaited boost in development. Africa is home to many critical-mineral reserves, but it is not home to industry that adds value to the minerals, such as the #processing and #refining of them. While Africa does have some processing and refining capacity for certain minerals, substantial value-additive steps across the sector remain absent. To be blunt, Africa will only reap the benefits from the critical-minerals boom associated with mineral extraction. Concrete action toward the goal of the development of long-awaited value chain enhancement and investment in the continent remains elusive.
In case you missed it: The critical-minerals BOOM is HERE. Can AFRICA take advantage? Also see TOP mineral by Africa country (infographic). Technology is increasingly influencing the way people around the world live, creating opportunities in some cases and introducing new challenges in others. Just as important as a technology’s impact is the technology’s origin—or origins. Any given #technology can be traced back, through its individual components and #materials, to a number of sources. And the question about where those components and materials come from matters. Modern technology, economies, #livelihoods, and weapons depend on #criticalminerals such as #magnesium, #cobalt, #lithium, or even #copper. Where countries source these minerals makes a difference for national and strategic #security. Since #AFRICA is home to 30 percent of the world’s known critical minerals, the #continent is at the forefront of conversations. But currently, African nations aren’t getting their fair share of the benefits of the critical-minerals boom and buzz generated by the evolution of modern technologies. For that to happen, Africa will need more investment in its capacities to refine or add value to minerals within the continent; such investment could fuel a long-awaited boost in development. Africa is home to many critical-mineral reserves, but it is not home to industry that adds value to the minerals, such as the #processing and #refining of them. While Africa does have some processing and refining capacity for certain #minerals, substantial value-additive steps across the sector remain absent. To be blunt, Africa will only reap the benefits from the critical-minerals boom associated with #mineralextraction. Concrete action toward the goal of the development of long-awaited value chain enhancement and investment in the continent remains elusive. Continue reading.. https://lnkd.in/edAdV4YV A call to ACTION!! AFRICA, we MUST act NOW!! #TransformingAfrica #TheAfricaWeWant #AfCFTA #BrandAfrica #AU #GDP #Investment #Africa #AfricaMeansBusiness #ThisIsAfrica #Diaspora #IT #OneAfrica #AUC #TransAfricanHighway #SMEs #CreatingOneAfricanMarket #Invest #Tariffs #TheAfCFTAEffect #Trade #AI #AfricaRising #FDI #IntraAfricanTrade #Agenda2063 #Partnerships #AfCFTATV #WB #BuildBackBetter #InvestInAfrica #AfricanUnity #IMF #WTO #AfDB #TradeNotAid #AfCFTATrading #TravelToAfrica #CFTA #SAATM #TradeInAfrica #TradeUnderAfCFTA #JoinAfCFTA #AfricaOnTheMove #Infrastructure #Mining #Minerals #MadeInAfrica #AfCFTASecretariat #PanAfricanism #Investors #PAPSS #ZLECAF #AfricanSolutionsToAfricanProblems #Growth #BetterAfricaBetterWorld #StrongerTogether #Afreximbank #UnitedUnderAfCFTA #AfCFTA2024 #Africa2024 #AfricaYesWeCAN #AfricaToTheWorld #GlobalAFRICA
Surendra Nath
2mo
Interesting
Moses Kadimba
2mo
With an awake and conscious youth Africa will be able to change its image and I believe that Africa represents the revolution the future with all the riches that our land has
Previn Mulenga
2mo
For Zambia the information here is totally wrong
Chama Mambwe
2mo
😲 Zambia, Sulphur are you serious?
Angadi varagappa
2mo
I agree
Mechanical Engineer
2moHow is Sulphur Zambia's most abundant resource in terms of production? This is not true. Do we produce more sulphur than we do copper? No