NEW! – 1st East African Battery Minerals Summit, Organized By: East African Community, African Battery Initiative, Government of the United Republic of Tanzania In Partnership with InvestBank Corp. Read more
THE AFRICA BATTERY INITIATIVE (ABI)
of Oil as the source of Energy recedes, the importance of raw materials used to manufacture rechargeable EV Batteries is growing enormously .According to the UNCTAD, 23 Million passenger cars are expected to be produced by 2030.
The most recently studies done by both local and international institutions shows that alone DRC, Tanzania , Burundi, and Zambia accounts to the very high global deposits of the following Minerals:
More than 60 % of Cobalt, More than 40 % of Nickel, More than 35% of Lithium, More than 45% of Graphite, More than 40% of Manganese..
40 % Found in Africa
The Africa Battery Initiative
The Africa Battery Initiative is currently managed under the Climate, Energy and Environment Development Foundation registered in Zanzibar Tanzania with the Registration No. Z0000148098.
The Initiative involves the following actors in both Europe and Africa:
AFRICA MINERALS IN THE WORLD
30% World Mineral
Head of energy storage at Bloomberg NEF.
"Africa has a wealth of critical battery raw materials and is in a position to use these to attract more value-add in downstream processing and manufacturing"