Southern Africa Holds 30% of World’s Critical Minerals But Faces Funding Hurdles, Report Reveals
Southern Africa holds approximately 30% of the world’s critical mineral resources but faces eight major financing barriers limiting development. A new World Economic Forum report identifies policy uncertainty and investment risks as key challenges preventing the region from leveraging its mineral wealth for economic growth.
Southern Africa’s Critical Mineral Potential
As global demand for clean energy technologies accelerates, Southern Africa‘s abundant critical mineral reserves have become increasingly vital to the energy transition, according to reports from the World Economic Forum. The “Financing Southern Africa’s Clean Power and Critical Minerals” report reveals the region holds about 30% of the world’s critical-mineral resources, including copper, cobalt, lithium, graphite, manganese, chromium, vanadium and platinum-group metals.
