Leverage critical minerals for Africa’s growth

Amid the ongoing historic “Fourth Industrial Revolution”, technology conflicts have been intensifying. Recently, US and EU officials have criticized China for overproducing electric vehicles. In mid-May, the US even decided to raise tariffs on Chinese EVs. From such statements and their subsequent rebuttals, it became evident that in just less than a decade of being blamed for polluting the planet as the “world’s factory”, China has made a great leap, from being overly dependent on fossil fuels to becoming the global leader in green technologies. For example, Chinese-made EVs have become globally competitive in all respects — from design to efficiency to pricing.

Without Africa’s critical minerals, the world’s rapid transition to solar energy will be slowed, if not derailed. The Kimberly Process, which the UN played a major role in, was South Africa’s contribution to making the global diamond trade more humane.

Via: chinadaily.com.cn