Jerry Ahadjie

Jerry Ahadjie

Chief Minerals Officer, African Natural Resources Centre African Development Bank


Time and date Venue Topic Speakers

Tuesday 10/05/2022

From 11:30 To 13:30

05/10/2022 11:30 05/10/2022 13:30 Africa’s Green Minerals in the Energy Transition: Financing the Battery and Electric Vehicle Value Chain

The role of green minerals is at the core of the clean energy transition. Africa boasts of significant green mineral endowments as they serve as critical feedstock for the battery and Electric Vehicle manufacturing value chain. Specifically for cobalt, the DRC is well positioned to take a leadership position in the energy transition industry because it accounts for 70% of the world's cobalt production and over 51% of global reserves. However, despite this huge minerals endowment, the continent is still operating at the primary stage of the battery and electric vehicle value chain estimated  US8.8 trillion by 2025. Africa needs to change this narrative by creating more value on the continent through development of a robust green minerals strategy focusing on resource-driven industrialization and leveraging the AfCFTA. This side event seeks to analyse the success factors for Africa to move up the ladder and optimise benefits from the global battery and EV value chain.

 

Stage D

Stage D

"Africa’s Green Minerals in the Energy Transition: Financing the Battery and Electric Vehicle Value Chain"

Alhassane Haidara Charles Afeku Dr. Kwasi Ampofo Hon. Paul Chanda Kabuswe Jerry Ahadjie Julien Paluku Kahongya Martin Lokanc
Time and date

Tuesday 10/05/2022

From 11:30 To 13:30

05/10/2022 11:30 05/10/2022 13:30 Africa’s Green Minerals in the Energy Transition: Financing the Battery and Electric Vehicle Value Chain

The role of green minerals is at the core of the clean energy transition. Africa boasts of significant green mineral endowments as they serve as critical feedstock for the battery and Electric Vehicle manufacturing value chain. Specifically for cobalt, the DRC is well positioned to take a leadership position in the energy transition industry because it accounts for 70% of the world's cobalt production and over 51% of global reserves. However, despite this huge minerals endowment, the continent is still operating at the primary stage of the battery and electric vehicle value chain estimated  US8.8 trillion by 2025. Africa needs to change this narrative by creating more value on the continent through development of a robust green minerals strategy focusing on resource-driven industrialization and leveraging the AfCFTA. This side event seeks to analyse the success factors for Africa to move up the ladder and optimise benefits from the global battery and EV value chain.

 

Stage D
Venue

Stage D

Topic
Speakers

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