Marrakech – Experts at the Africa Investment Forum 2023 (AIF 2023) have called for investment in infrastructure, innovation, sustainable practices, and local industrial development to harness the continent’s strategic mineral wealth. Speaking at a panel session titled “Strategic Minerals: Financing a New Era of Global Prosperity,” the experts agreed that Africa is rich in strategic minerals, including rare earths, lithium, graphite, bauxite, manganese, and cobalt, all essential for modern technologies. Tshabalala said that the African Development Bank has an ever-increasing number of agreements with banks to ask them to finance women-led companies at concessional rates. Benkhadra concurred, adding that she is optimistic about the future of Africa’s strategic minerals sector, despite the challenges that lie ahead. Africa Investment Forum: Continent’s Principal Investment MarketplaceThe Africa Investment Forum is Africa’s principal investment marketplace, organized by the African Development Bank and seven partners to mobilize strategic project investments by involving the private sector.

Source: Daily News Egypt November 10, 2023 12:54 UTC