Western Cape Solar Expansion Accelerates as Corporate Green Power Demand Surges
The Malmesbury renewable energy landscape is poised for significant transformation as the SlimSun Too Solar development prepares to double its…
Tag: Southern Africa
Southern Africa’s Critical Minerals Potential Hinges on Investment and Policy Reforms
Southern Africa possesses approximately 30% of the world’s critical mineral resources essential for clean energy technologies, according to a new World Economic Forum analysis. Despite this vast potential, the region captures only a fraction of global exploration spending, hampered by policy uncertainty and infrastructure challenges. Experts suggest that unlocking this mineral wealth requires strategic derisking measures and cross-border collaboration to attract necessary capital.
Vast Mineral Wealth Meets Financing Challenges
Southern Africa holds about 30% of the world’s critical mineral resources according to reports from the World Economic Forum, positioning the region as a potential powerhouse in the global transition to cleaner energy. The analysis, conducted in collaboration with the Development Bank of Southern Africa and McKinsey & Company, highlights minerals including copper, cobalt, lithium, graphite, and platinum-group metals across ten Southern African nations.