Energy Capital & Power’s Post

We are excited to announce that Jude Kearney the Chairman of EXIM Sub-Saharan Africa Advisory Committee, will be partaking in the Critical Minerals Africa (CMA) Summit in Cape Town as a speaker Read More: https://hubs.la/Q02M0Xqd0 Allocating $1.6 billion to sub-Saharan Africa in 2023 alone, the Export-Import Bank of the United States (EXIM) plays a key role across the continent’s economic sectors, including mining and energy. In alignment with efforts to attain mineral security for US industries and support Africa’s industrial growth, EXIM has joined this year’s Critical Mineral Africa (CMA) Summit, with Chairman of EXIM’s Sub-Saharan Africa Advisory Committee Jude Kearney participating as a speaker. 🌍 Join us at the largest gathering of critical mineral stakeholders in Africa. 🔗 Book your delegate pass: https://hubs.la/Q02M0XXJ0 🔗 For sponsorship, exhibition, and delegate inquiries, get in touch: https://hubs.la/Q02M0XR60 #CMA2024 #CriticalMinerals #InvestinAfrica #Energy #Mining

.... 𝗿𝗶𝗰𝗵 𝗶𝗻 𝗿𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀, 𝗯𝘂𝘁 𝗮𝘁 𝘄𝗵𝗮𝘁 𝗰𝗼𝘀𝘁? Africa is not just rich in culture and history, but also in invaluable mineral resources, positioning it prominently in the global mining industry. This design symbolizes the continent’s vast mineral wealth, which includes over 30% of the 🌍 world’s mineral reserves. The continent hosts 𝟰𝟬% of the world's 𝗴𝗼𝗹𝗱 and up to 𝟵𝟬% of its 𝗰𝗵𝗿𝗼𝗺𝗶𝘂𝗺 and 𝗽𝗹𝗮𝘁𝗶𝗻𝘂𝗺. The Democratic Republic of the Congo alone is home to over 𝟳𝟬% of the world's #cobalt, a critical component in renewable technology and energy transition. Meanwhile, we know Guinea holds more than 𝟮𝟱% of the world's bauxite reserves, essential for aluminium production. These resources present a significant opportunity for transformative economic growth and sustainable practices. It's crucial that the benefits of these resources lead to tangible improvements in the lives of the continents' people through fair trade practices, responsible governance, and sustainable development. .... (sustainable development will need to include significant investment in infrastructure, education, and healthcare to ensure that local communities benefit from resource extraction in the long term.) "𝗔𝗳𝗿𝗶𝗰𝗮'𝘀 𝘄𝗲𝗮𝗹𝘁𝗵 𝗱𝗼𝗲𝘀 𝗻𝗼𝘁 𝗹𝗶𝗲 𝗯𝗲𝗻𝗲𝗮𝘁𝗵 𝗶𝘁𝘀 𝘀𝗼𝗶𝗹, 𝗯𝘂𝘁 𝗹𝗶𝗲𝘀 𝗶𝗻 𝗶𝘁𝘀 𝗽𝗲𝗼𝗽𝗹𝗲, 𝘁𝗵𝗲𝗶𝗿 𝘀𝗽𝗶𝗿𝗶𝘁 𝗮𝗻𝗱 𝘁𝗵𝗲𝗶𝗿 𝗿𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲." As I delve deeper into this topic, it becomes clear that finding a balance between welcoming foreign investment and protecting local interests is an art form that require mastery! There is an opinion that Africa needs to strike a relationship between foreign influence and ownership in a way that fosters local empowerment and sovereignty. 𝗜𝘀 𝗶𝘁 𝗽𝗼𝘀𝘀𝗶𝗯𝗹𝗲? #Mining #Africa #Copper #Gold #MiningAfrica

Cameroon has been highlighted as an African country “open for business” by a Pan African Resources PLC article titled “Invest in Africa: Why and How Mining is a Good Strategy”, where it explores the most promising investment opportunities in Africa. As a continent holding 50% of the world’s gold reserves and a third of the world’s mineral resources, Africa hosts an abundance of opportunities for investors, from well-established jurisdictions to new commodity frontiers, including Cameroon's emerging gold district. Although there are challenges investors face in the African mining sector, the Economist Intelligence Unit still lists the sector as offering “enormous long-term potential” and highlights that it will play a crucial role in the green energy transition. The International Energy Agency states that Africa hosts 60% of the best solar resources globally, with only 1% of solar PV capacity installed, leaving significant potential for the region to operate via sustainable energy sources. Oriole has harnessed a great working relationship with its corporate and governmental partners in Cameroon to help establish stable and efficient operations. ORR is well placed, as a first mover in Cameroon, to establish the next gold district in Africa. Read more here ➡ https://ow.ly/VICo50Sh0Oy #gold #investing #africa #Cameroon #commodities #ORR

As Malawi is currently negotiating the terms of mining development agreements for energy transition minerals with various international companies, it is imperative that they carefully consider all aspects of the deal to ensure it is mutually beneficial. Failure to do so could result in long-term negative consequences for the country's economy and environment. This includes thoroughly evaluating the economic benefits the project brings and ensuring that the terms of the agreement protect the interests of the country and its citizens. To join use the link https://lnkd.in/dBsHbucH Perekezi ASM Consultants and Events, with funding from the United States Agency for International Development (USAID), under the Powering a Just Energy Transition Minerals Challenge (JET Minerals Challange) is implementing the Empowering Stakeholders: Driving Just Resource Governance through Open Contracting and Licensing Project, which seeks to promote transparency and accountability to curb transnational corruption in green minerals. USAID Critical Minerals Association USA Critical Minerals Association (UK) Critical Minerals Conference Series 2024 Global Battery Alliance Chiko Manda

🌍✨ Highlights of the Forum on Sustainable and Inclusive Mineral Value Chains that shone a spotlight on Artisanal Small Scale Mining Sector & Value Addition of Development Minerals.✨🌍 We are thrilled to present the key moments and insights from the Zambia Forum. This event brought together leaders and experts to discuss the challenges and opportunities in artisanal small scale mining and the value addition of development minerals. A highlight of the forum was the exhibition showcasing innovative approaches to value addition of development minerals. Join us in exploring how these initiatives can drive sustainable development and economic growth. Together, we can create a brighter future. 🎥 Watch the highlights #ZambiaForum #Mining #DevelopmentMinerals #SustainableDevelopment #EconomicGrowth #Innovation #SustainableMining #ArtisanalMiners #ASM #Arisanalmining #Smallscalemining #Developmentminerals #Valueaddition United Nations, UNDP, UNDP Brussels, European Union, Secretariat of the Organisation of African, Caribbean and Pacific States (OACPS), James Wakiaga, Yvonne Chileshe, Sergio Piazzardi, Uyanga Gankhuyag, UNDP Zambia, UNDP Africa,

The EU Zambia Copper Business Forum held last week highlighted a key challenge: Zambia's 3 million ton/year copper goal is hindered partially due to a lack of funding, not resources. We have the copper, but struggle to finance greenfield field projects, especially during the pre-bankability stage. Unlike developed economies, Zambia lacks accessible informal funding networks (friends, relatives) capable of raising the $2 million required to fund drilling works, which are crucial for exploration stage mining ventures. We, as the finance community, must develop innovative solutions to bridge this gap and unlock Zambia's copper potential. #euzbf2024

#CDHConversations | Positive disruptors in African mining: Technology, AI and critical minerals for Africa's industrialisation.   Listen to CDH South Africa Director Jackwell Feris and CDH Kenya partner Njeri Wagacha as they discuss and provide their insights on the critical discussions taking place during this year's 30th Investing in African Mining Indaba under the theme “Embracing the power of positive disruption: A bold new future for African mining” in Cape Town.   In an era where critical minerals are imperative for the #Just_Energy_Transition for the world to reach Net Zero by 2050; Africa must not be left behind and African states must ensure they embrace positive disruptive elements such as Technology and Artificial Intelligence to fully participate in the growing green economy and thereby also achieve the laudable economic growth and development objectives of the AfCFTA for Africa.   In the conversation, Njeri and Jackwell generally unpack the evolving policy and legal framework in Africa for the exploitation of critical minerals required for a "new bold future" in particular when we look at the minerals required for the renewable energy sector, e-mobility sector, and the green hydrogen economy. They also broadly identify key risks for investors to consider in their investment decisions into specific mining jurisdictions and what African governments are doing to attract investment in the mining of critical minerals, including the potential local content and beneficiation obligations of minerals such as lithium. Listen to this insightful conversation - https://bit.ly/3Ur8iUB   #African_Green_Minerals_Strategy #ESG #critical_mineral #AfCFTA #EnergyTransition #sustainablemining #AfCFTA_Investments #emobility #green_hydrogen #miningindaba

Vinay Somera will be speaking at the Critical Minerals Africa (CMA) Summit 2024. Isondo Precious Metals to Showcase South Africa’s PGM Prospects at CMA 2024. South Africa, Orion Minerals Ltd is undertaking a series of exploration and infrastructure development initiatives to achieve its target of first copper sales by 2025. Earlier this month, the company discovered high-grade copper deposits at the Flat Mines area of the Okiep Copper Project in Northern Cape Province. Orion Minerals is conducting a feasibility study to secure the funding required to initiate mine development. 👉Read More: https://hubs.la/Q02Pj-8c0 Somera is expected to discuss the current opportunities shaping South Africa’s PGMs market and the country’s role in the global green hydrogen and EV supply chain, given its substantial PGMs reserves that account for 90% of the global share. Clean hydrogen demand is forecast to increase to between 125-585 million tons per annum by 2050, enhancing South Africa's potential to attract new critical mineral-focused investments. Join us at CMA, Africa's premier investment platform for the critical minerals sector. This pivotal event, taking place November 6-7 in Cape Town, connects global leaders, producers, and investors, driving investment toward African projects. 🌍 Join us at the largest gathering of critical mineral stakeholders in Africa. 🔗 Book your delegate pass: https://hubs.la/Q02PjQ8t0 🔗 For sponsorship, exhibition, and delegate inquiries, get in touch: https://hubs.la/Q02Pk1XP0 #CMA2024 #Energy #Investment #Mining #CriticalMinerals #ECPEvents

#Africa is a continent rich in #naturalresources. Three countries – #Nigeria, #SouthAfrica, and the Democratic Republic of Congo (#DRC) stand out for their rich resource endowment. – Let's compare them based on what they've got. #Nigeria, the "Giant of Africa," is the largest #oil producer in Africa and the 11th largest in the world, with 37 billion #barrels of proven #oilreserves as of 2021 (U.S. Energy Information Administration, 2021). #SouthAfrica is the world's largest producer of #platinum, #manganese, #chromium, #gold, #coal, and #diamonds, with #mineral reserves worth over $2.5 trillion (South African Chamber of Mines, 2020). #The Democratic Republic of Congo (DRC) is known for its vast mineral wealth, particularly in #copper and #cobalt, with over 70% of the world's cobalt #reserves (Mining Review Africa, 2019). In recent news, Nigeria has implemented reforms to improve #transparency and #governance in its oil #industry, South Africa has promoted its #mining sector as a key driver of #economicgrowth, and DRC has several large-scale projects in the #pipeline.

Sub-Saharan Africa – home to 30% of the world’s proven critical mineral reserves – is increasingly on the radar of investors amid global demand for clean energy technologies. Outlining key partnership and investment prospects, Africa’s leading ministers will discuss pathways to maximizing growth of the mining sector during a Ministerial Forum at the upcoming Critical Minerals Africa Summit in Cape Town. Under the theme – Empowering Africa's Critical Minerals Industry for Global Leadership – the forum engages high-level government officials to explore the role of policy frameworks, infrastructure expansions and international cooperation in driving the growth of Africa’s critical minerals sector. 👉Click here for Full Story: https://hubs.la/Q02LxnFz0 🌍Join us at the largest gathering of critical mineral stakeholders in Africa.  🔗 Book your delegate pass: https://lnkd.in/dKbchU2r 🔗 For sponsorship, exhibition, and delegate inquiries, get in touch: https://lnkd.in/dv6TuvQJ Subscribe to the ECP newsletter to stay up-to-date on important investment events and opportunities: https://hubs.la/Q02Lxn-90 #ECPNews #AfricanEnergy #InvestinAfrica #CMA2024 #CriticalMinerals #Energy #Mining