The African Mining Indaba 2024, or how to invest in the African mining sector, starts this Monday in Cape Town

Metals, crucial for ensuring energy transition and green technologies, will be at the center of discussions. According to the International Energy Agency (IEA), the demand for lithium, cobalt, and other key minerals could multiply by six in the next 20 years. Despite the decrease in exploration investments on the continent in recent years, experts remain confident. The trend will reverse, given the appetite for minerals essential to energy transition

All sector players now emphasize their 'ESG' - environmental, social, and governance criteria - the cornerstone of African mining development under proper conditions

For the organizers, this year's theme aims to encourage and support the change that the African mining industry needs to progress. "Since the industry is in the early stages of disruption, with advancements in technology, health and safety, environment, and exploration, to name a few, we believe it's time to address the real issues by putting the true investment inhibitors on the agenda and how they ultimately fuel new opportunities," reads the organizers' website

Présence de la RDC

The Prime Minister of the Democratic Republic of the Congo (DRC), Jean-Michel Sama Lukonde Kyenge, will be present in Cape Town. The DRC is among the world's largest producers of green metals

On the agenda, the latest news about the partnership between the DRC and Zambia to facilitate the development of lithium batteries. This partnership will enable the manufacturing of batteries for electric cars. With untapped deposits of cobalt, copper, diamonds, gold, and other minerals estimated at $24 trillion, the DRC holds a prominent position in the mining industry in Africa.

Article source:africanews