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Salon

Africa’s Critical Minerals

Sustainable Partnerships for Industrial Growth

Africa’s Critical Minerals

November 11, 2024

Magazin in der Heeresbäckerei, Berlin

Africa is rich in critical minerals that are vital to the global economy. Demand for minerals like copper, lithium, nickel, and cobalt is projected to grow sixfold in the next 25 years, driven by the rise of electronics and clean energy technologies. As the world transitions to a more sustainable future, the African continent has a key role to play.

At our Global Perspectives Salon at the Raw Material Congress, hosted by The Federation of German Industries (BDI), we brought together representatives from politics, industry, and civil society from Europe and Africa. The discussion focused on Africa’s raw commodities sector and the potential for mutually beneficial international partnerships.

African representatives from the Democratic Republic of the Congo and Angola emphasized the need to move beyond being raw material suppliers alone. They highlighted the importance of technology transfer, value addition, and industrial development within Africa. Together, we explored how aligning investments with African goals, fostering skills training, and promoting sustainable mining practices could succeed.

Rhoda Berger at Salon "Africa’s Critical Minerals“

Rhoda Berger, CEO, Global Perspectives Initiative

We cannot get this wrong. The energy transition cannot happen in a way that is socially and environmentally irresponsible.
Henry Finnegan
CEO, TechMet
The best thing to do is to work very closely with the community and ensure that they're part of the energy transition and not left behind.
Edwin Reyolds
Founder & CEO, Eroceht

Key Takeaways

  • Flexible Financing and Sustainable Value Chains

    Enhancing local value chains requires flexible financing and incentives to drive investment, innovation, and sustainability. To remain competitive, Europe must adopt bold solutions that address resource access, partnerships, and sustainable value chain growth.

  • Knowledge and Technology Transfer

    The exchange of knowledge and technology between Europe and Africa must become faster and more effective. This means supporting African partners in using modern technologies and building new skills. Both continents benefit from better resource use and sustainable growth in key sectors.

  • Investments in Education, Health, and Empowerment

    Building infrastructure that supports education, healthcare, and female empowerment is key to long-term peace and stability. Investments in these areas drive economic inclusion through strengthening local communities. In the long run, they enhance the resilience and sustainability of raw materials value chains for a more equitable future.

Contact Persons

Rhoda Berger, r.berger@globalperspectives.org

Supported by

BDI Bundesverband der Deutschen Industrie

BDI The Voice of German Industry

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Global Perspectives Initiative is a non-profit and independent platform based in Berlin, Germany. Global Perspectives works towards enhanced engagement and responsibility for sustainable development by German and European decision-makers and aims to strengthen African perspectives in policymaking.

To this end, Global Perspectives regularly brings together decision- makers from politics, business, civil society, academia and media to discuss new approaches, provide new impulses and raise awareness on the common opportunities and challenges the two neighboring continents are facing.

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