Clean Energy Boom Elevates Africa’s Mining Power
Africa’s Minerals Power the Clean Energy Era
AS the world accelerates the transition to low-carbon energy systems, Africa is emerging as a critical supplier of the minerals that make clean technologies possible. A report by the African Energy Chamber projects that global demand for critical minerals could increase five-fold by 2035, driven by renewable energy expansion and electric vehicle adoption.
Rising Demand, Limited Supply
AEC Executive Chairman NJ Ayuk said clean energy technologies are significantly more mineral-intensive than conventional systems, placing strain on existing supply chains. This imbalance, he warned, could lead to supply deficits if new projects and diversified sourcing are not developed.
Africa’s Strategic Position
Africa hosts some of the world’s richest deposits of cobalt, lithium and PGMs, making it central to global energy transition strategies. In 2024, the continent led global production of cobalt and PGMs and expanded lithium mining across multiple countries.
Global Competition for African Resources
China continues to dominate foreign investment in Africa’s mining sector, but competition is intensifying as the U.S. and EU pursue strategic partnerships to secure mineral supplies and reduce dependency on single-source refining hubs.
Value Addition and Responsible Mining
The DRC’s efforts to refine cobalt domestically and regulate exports reflect a broader push toward value addition and ethical mining. Meanwhile, Africa’s lithium production continues to grow, with Zimbabwe and emerging producers strengthening the continent’s role in future battery markets.
