Research Briefing | Jun 29, 2021

Africa | The Green Revolution: where does Africa fit in?

The first page of Oxford Economics' Research Briefing titled The Green Revolution: where does Africa fit in?

Africa is a key source of the minerals that will be central to the green energy transition. The level of proven reserves means that the continent stands to benefit considerably if it is able to generate the investment needed to increase production. This will assist with diversification efforts in West Africa and could propel the DRC onto a stronger development trajectory.

What you will learn:

  • The surge in commodity prices is expected to be short-lived, but fundamentals for minerals used in green technology remain favourable.
  • The Great Lakes region, West Africa and South Africa are host to some of the world’s largest ‘green mineral’ reserves.
  • South Africa’s mining sector prospects do not look bright in a broader green transition context. However, the fact that it is host to the world’s largest manganese reserves means there is cause for optimism.
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