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Unlocking Africa's potential in critical raw materials

International Sign language version available here

Critical raw materials are essential to the twin low-carbon and digital transition and act as a catalyst for economic and social change, particularly in resource-rich developing economies.

Africa, home to more than 30 per cent of the world’s critical raw materials, exemplifies this potential and has recently experienced a surge of interest in associated exploration and investment.

However, several trends in the sector raise a series of challenges. Because of the materials’ significance to the global economy and the twin transition, it is crucial to approach their development effectively, learning from past commodity cycles.

This panel will explore economic policies to address sectoral challenges and leverage emerging opportunities. It will assess how companies are navigating demand- and supply-side uncertainties. Discussions will also focus on strategies to build a secure and sustainable critical raw materials supply chain that supports climate and digital transformation goals while enhancing European-African cooperation. Furthermore, it will examine the crucial role of multilateral development banks in driving growth in resource-rich economies while upholding environmental, social and governance standards.

Speakers

  • Lucy Hockings, Chief Presenter, BBC News
  • Koen Doens, Director-General for International Partnerships, European Commission
  • Dr. Heike Harmgart, Managing Director, Sub-Saharan Africa, EBRD
  • Giuseppe Foglia, VP - M&A Sustainable Raw Materials, Stellantis
  • Kweku Awotwi, Chairman of the Board, United Bank for Africa
  • Robert Yildirim, Chairman and Chief Executive Officer, CoreX Holding

 

Video for media use

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