As the world transitions to cleaner energy, Southern Africa’s abundant critical mineral resources, which could be key ingredients for many low-carbon technologies, have come into sharper focus. According to the ‘Financing Southern Africa’s Clean Power and Critical Minerals’ report – released by the World Economic Forum (WEF) in collaboration with the Development Bank of Southern Africa (DBSA), with McKinsey & Company as knowledge partner, and under the WEF’s Securing Minerals for the Energy Transition (SMET) initiative – Southern Africa holds about 30% of the world’s critical-mineral reserves.
