Africa’s Battery Race Shifts Toward Manufacturing as Investment in Energy Storage Grows
Africa is moving beyond raw mineral exports as investment increases in battery manufacturing, processing and clean energy supply chains Africa’s role in the global battery supply chain is beginning to evolve, with countries moving beyond the export of critical minerals and focusing on developing local processing and battery manufacturing capacity. The continent holds some of the world’s largest reserves of minerals essential for battery production, including cobalt, lithium, graphite, manganese and nickel. However, for decades, much of this value has been captured outside Africa, with raw materials exported for processing…
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