Ghana news briefing
Africa’s $9 trillion lithium bonanza: Can Africa turn its mineral wealth into a global economic powerhouse?
Africa’s vast lithium deposits could hold the key to transforming the continent’s economic fortunes—if African countries can take control of the entire value chain and stop exporting raw minerals.
Speaking at the Summer School, Nkuli Ncobe of Zimbabwe said Africa is sitting on enormous lithium resources estimated to be worth about US$9 trillion, describing the mineral as a potential game-changer for the continent.
Such a coordinated approach, he argued, could create a massive internal African market around lithium while ensuring that the wealth generated from the mineral remains largely on the continent.
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