Africa also has significant resources of minerals that are used in battery production – and thus are key for the worldwide transition to renewable energy:
- Africa has nearly half of the world’s cobalt reserves – with DRC alone holding 46%
- Manganese is a mineral used in manufacturing lithium batteries. Three African countries (South Africa, Ghana, and Cote d’Ivoire) have 46% of all global reserves of manganese
- Zimbabwe is in the top 10 countries in the world in terms of lithium deposits and reserves
- Africa holds ~35% of global nickel deposits – South Africa alone holds 28%
- 6% of the global copper reserves are in DRC and Zambia alone
These minerals are currently extracted, exported, and processed mainly in China. As a result, Africa captures only a very small portion of the total value in the battery value chain – and transport emissions are significant across the chain.