Kenyan President William Ruto has called for a new economic model for Africa’s green transition, warning that the continent must not repeat the historical pattern of exporting raw materials without local value addition. Speaking at the Africa Forward Summit in Nairobi, co-hosted by France and Kenya, Ruto said Africa’s growing reserves of critical minerals, vital to the global clean-energy economy, must be developed in a way that directly benefits African citizens. “We cannot accept a future in which Africa simply exports raw green minerals while industrial value addition, advanced manufacturing and technological innovation take place elsewhere. That model belongs to the past,” Ruto told delegates on May 12. “Green industrialization presents our continent with an opportunity not only to contribute meaningfully to global climate solutions but also to create jobs, expand manufacturing capacity, strengthen exports, deepen regional value chains and accelerate structural economic transformation.” A mine in Likasi in the DRC. Image by Glody Murhabazi/ AFP. Africa holds more than 30% of the world’s critical minerals — including cobalt, lithium, manganese and rare earth elements vital for producing batteries and solar panels and building wind turbines — according to the African Green Mineral Strategy. As the world transitions from fossil fuels to renewable energy, experts argue demand will surge. Estimates from the African Union show that demand for these minerals is set to double by 2040. The Nairobi summit brings together leaders, investors and climate policy experts from across Europe and Africa. Ruto emphasized that Africa possesses some of the…This article was originally published on Mongabay

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