allAfrica.com·3 min read·medium

Africa Must Utilise Its 30% Global Share of Minerals, Halt Export - AfDB

Africa Must Utilise Its 30% Global Share of Minerals, Halt Export - AfDB
AI Summary

The African Development Bank is urging African nations to stop exporting raw critical minerals and instead focus on local processing to capture more economic value. The initiative aims to boost industrialization and job creation across the continent.

Abuja - The African Development Bank (AfDB) has urged African countries to halt the export of raw critical minerals and instead focus on local processing, beneficiation and regional value chains to unlock greater economic value from the continent's vast mineral resources.

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