Critical Minerals for Energy Transition and Sustainable Development in Africa

Métaux critiques pour la transition énergétique et développement durable en Afrique

Antoine Clair, Luc Jacolin and Paul Vertier
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Antoine Clair: Direction Générale du Trésor

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Abstract: The ongoing energy transition from fossil fuels to renewable energies could have contrasting effects on African economies, particularly through increased extraction of metals critical to this transition. This paper describes the opportunities and challenges posed by the development of extraction of these metals. While Africa's share of global reserves and production is on the rise, it remains far from its potential. Factors such as lack of investment in transport and governance issues are likely to increase exploration and mining costs on the continent, and hold back the development of the sector.

Keywords: critical minerals; energy transition; Africa (search for similar items in EconPapers)
Date: 2024-02-26
Note: View the original document on HAL open archive server: https://hal.science/hal-04481909
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Working Paper: Critical Minerals for Energy Transition and Sustainable Development in Africa (2024)
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