Analysis-Africa’s minerals value-add drive interests investors but faces energy hurdle
Officials say 1,000 megawatts of mostly hydropower in Guinea falls short of the 5,000 MW to 10,000 MW needed for industrialization.
4 Articles
4 Articles
Africa’s mineral value-add drive attracts investors but faces energy hurdles
As African nations push miners to build refineries and smelters at home, government and industry officials say a major obstacle risks crimping investment: a shortage of cheap, reliable electricity.
Analysis-Africa’s minerals value-add drive interests investors but faces energy hurdle - Regional Media News
By Olivia Kumwenda-Mtambo CAPE TOWN, Oct 19 (Reuters) - As African nations push miners to build refineries and smelters at home, government and industry officials say a major obstacle risks crimping investment: a shortage of cheap, reliable electricity. From Guinea's bauxite to Zimbabwe's lithium, governments [...]
Analysis-Africa’s minerals value-add drive interests investors but faces energy hurdle
By Olivia Kumwenda-Mtambo CAPE TOWN, Oct 19 (Reuters) - As African nations push miners to build refineries and smelters at home, government and industry officials say a major obstacle risks crimping investment: a shortage of cheap, reliable electricity...
Key takeaways: African governments are exerting increasing pressure on mining companies to set up local smelting and refining facilities to maximize the economic benefits of their natural resources, Reuters reports. Unreliable electricity supply: Although this shift to domestic processing is attracting the interest of major financiers, such as the Africa Finance Corporation and the American International […]
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