Africa is blessed and possesses vast reserves of critical minerals, including aluminum, cobalt, and copper, required for high-tech and green products like smartphones and solar panels.
At the recently concluded three-day African Climate Summit in Nairobi, Kenya, African leaders have unanimously called for Africa’s vast mineral wealth to be processed on the continent noting that “decarbonizing the global economy is also an opportunity to contribute to equality and shared prosperity.”
During the summit, financiers pledged a new commitment of $23 billion for Africa to enhance its ability to adapt to increasingly extreme weather, conserve natural resources, and develop renewable energy.
