Aawez Mohammed’s Post

Saudi Arabia has huge ambitions in the critical minerals sector and has identified Africa as a big investment opportunity. 📍This comes at an opportune time when several African countries are exploring ways to process minerals at home in order to drive the economic development of their countries.  📍It is good to see that high on the agenda of Saudi’s priorities includes helping African countries to build up their infrastructure and capacity 📍This will support the local processing of raw minerals, allowing Africa to capture more of the economic value of their resources. While Saudi’s plans to invest in African critical minerals could hold a great opportunity for the continent, it is vital to ensure governments and investors work together to ensure this is carried our properly, ensuring sustainable development and economic growth for both parties. Read more - https://lnkd.in/dyqnGcfp

Harnessing Sub-Saharan Africa’s Critical Mineral Wealth Much has been said and written about Sub-Saharan Africa's mineral wealth. However, how to harness the mineral resources for the mutual benefit of the Sub-Saharan Africa countries, their citizens and investors, has not yet been attained. The attached article by the International Monetary Fund (IMF) Africa Department on the topic is quite instructive. Check it out. https://lnkd.in/gs2YXe_8

Syrah Resources has signed a binding loan agreement with the United States International Development Finance Corporation (DFC) for a A$227 million (US$150 million) loan facility to support its Balama Graphite Operation in Mozambique. The loan will fund working capital, the expansion of tailings storage, and feasibility studies for vanadium resource development. This loan underscores the importance of Balama in bolstering U.S. supply chain security for critical minerals essential to the energy transition, particularly in the electric vehicle market. It represents the first DFC support for a graphite operation and aligns with U.S. Government efforts to foster sustainable supply chains outside of China. Read the full ASX Announcement here: https://lnkd.in/gNSCDBHf #SYR #Syrah #NaturalGraphite #GraphiteSupplyChain #BatteryMaterials #SustainableMining #CriticalMinerals #GraphiteSustainability #BatterySupplyChain #CarbonNeutral #NetZero #ZeroEmission #EV #Anode #ActiveAnodeMaterial #Lithiumionbatteries

No Mines, No Green Energy ⭕ No Africa, No Future – Here's Why As the world shifts to renewable energy, the demand for critical minerals like lithium, cobalt, nickel, and copper is skyrocketing. Africa, rich in these resources, stands at the forefront of this transformative period. Why Africa? The continent boasts vast deposits of these essential minerals, particularly in the Democratic Republic of Congo, Zambia, South Africa, and Zimbabwe. Western governments and major economies are pivoting their strategies to secure these minerals, emphasising sustainable and ethical sourcing. However, this isn't just about extraction; it's about creating a win-win scenario. Africa has the opportunity to redefine its economic landscape by revising mining policies, ensuring fair revenue distribution, and fostering local development. This can prevent the pitfalls of past exploitations and promote sustainable growth. Now is the critical moment to invest in Africa's mining sector. As a business leader, you can be part of this boom, supporting sustainable practices while capitalising on the high demand for critical minerals. Engage with local governments, invest in infrastructure, and build partnerships that prioritise environmental and social governance. 📢 Act Now: Position your business at the heart of the global energy transition. Partner with African stakeholders to harness the continent's mining potential sustainably. Let's build a future that's not just profitable but also equitable and green. 🔗 Connect with me to explore opportunities in the African mining sector! #Mining #EnergyTransition #Africa #CriticalMinerals #RenewableEnergy

Sub-Saharan Africa holds about one-third of the world’s critical mineral reserves, according to the IMF. To maximize the clean energy boom, the region needs to develop critical minerals markets and processing industries. Co-operation & economic integration are key to speeding up the process of transforming #CriticalMinerals. The #AfCFTA promotes regional #valuechains & the defragmentation of markets,while co-operation increases the scale & efficiency of the production of processed goods. #Africa https://lnkd.in/ey_5bE7f

Africa's untapped potential: The continent hosts over half of global cobalt reserves and significant shares of other critical energy transition minerals. Yet, it collects only 40% of potential resource revenues. In today's economic climate, unlocking this wealth is key to financing development, creating jobs, and elevating living standards across Africa. #AfricanResources #SustainableDevelopment #EnergyTransition

Make no mistake: copper is the future. Make no mistake: critical minerals are the future. Critical minerals are essential not only for the green energy transition but also for transformative technologies like AI. The latest estimates suggest that global demand for copper will soar by over 70% by 2050, while the demand for critical minerals could increase by as much as six times by 2040. I recently had the privilege of participating on a panel at the Wilson Center Africa Program focused on, “Securing Africa’s Critical Mineral Wealth: A Role for Sovereign Wealth Funds,” with Governor Abdullahi A. Sule , John Kayode Fayemi, PhD., Helaina Matza, and Prof. Pat Utomi hosted by Oge Onubogu. I used the platform to share what Zambia is doing to be at the forefront of meeting this surging demand, as it is poised to be a key player in the global minerals market as it explores the creation of a wealth fund to ensure savings for future generations while maximizing the benefits today. Together, we can drive innovation and sustainability in this important sector. #CriticalMinerals #Copper #GreenEnergy #AI #Energy #Sustainability #Zambia #WilsonCenter

Africa is home to sizeable reserves of the world’s critical energy transition minerals: 55% of cobalt, 47.65% of manganese, 21.6% of natural graphite, 5.9% of copper, 5.6% of nickel, 1% of lithium, and 0.6% of iron ore globally. These minerals offer an opportunity to generate revenues for governments, finance development, overcome commodity dependence, create jobs and raise living standards across Africa. But the continent has yet to fully seize the opportunities presented by its natural resource endowments. Estimates show that African countries generate only about 40% of the revenue they could potentially collect from these resources. Amid current global crises, limited fiscal space, slow growth and high debt, African countries need to maximize the financial and development benefits of these resources, especially critical energy transition minerals. As part of its 60th anniversary celebrations, UN Trade and Development (UNCTAD) will hold a pre-event in Addis Ababa, Ethiopia, and online on 4 June. Join us to explore the opportunities and resources in the critical minerals sector for supporting Africa’s development: https://ow.ly/5BU850S5EcV #UNCTAD60

AFRICA TREND: Critical Metal Investment Requirements In 2023, Frost & Sullivan Africa consultants highlighted the steps necessary for Africa to keep pace with the global energy transition. In this post, we will evaluate the progress made on the continent in one year. The first step highlighted involves the development of quality mining projects in metal-rich countries to establish Africa as a supplier in relation to global demand. Next, Frost & Sullivan Africa propose the improvement of local refining capabilities so that more of the value chain can be captured by local economies. This can vastly improve employment capacities, and positively impact economic growth. Lastly, relevant countries need to do what they can to develop intra-continental end-to-end value chains to avoid the loss of potential wealth available within the energy transition. One must be aware that the transition of the world to new energy systems will continue to occur with or without Africa. Therefore, the time to invest is now. Contact Lynne Martin at lynne.martin@frost.com to capture your critical metal wealth.   See the 2023 post linked below in the comments! #HelpingAfricaGrow #criticalmetal #valuechain #series

Recently, Amos Hochstein, a White House senior adviser for energy and investment, made the following statement : 👉🏽👉🏽 "" Mineral resources in nations like the Democratic Republic of #Congo and #Zambia are essential to meeting enormous global demand for clean energy components and power infrastructure to support the growth of artificial intelligence. They also offer an alternative to the world's current dependence on #China. "" In fact, this declaration reflects the need and renewed desire of Western countries to return to do business in Africa despite the risks of doing business there, but also to catch up with #China which controls currently a large number of large deposits containing critical minerals, as well as almost the entire supply chain of these critical minerals on a global scale. However, it is obvious that in these two countries and in other African countries with enormous natural or mining resources, there are several opportunities to acquire or transfer mining rights, or even to buy or sell mining companies holding mining rights. With an established network throughout Africa, #Tamari_Services connects you to the best partners for besr dealings and transactions in different areas in Africa and elsewhere. Find out business opportunities by writing to contact@tamariservices.com, or by visiting www.tamariservices.com. #Tamari_Services, business broker in Africa and elsewhere. #business #broker #opportunities #western #hochstein #Africa #dealings #transactions #partners #mines #mining #rights #companies #criticalminerals #usa #deposits #resources #natural #China #DRC #Zambia #doingbusiness #supplychain #infrastructures #growth #risks #artificialintelligence #energy #cleanenergy