Utweets
2.1.3. 18+ DID YOU MISS THE TREND? SEE ALL 400 V!D£0 CLIPS, $£X T4P£ OF Equatorial Guinea Baltasar Ebang Engonga.President Cyril Ramaphosa of South Africa has expressed his country’s interest in partnering with Nigeria to harness its vast reserves of lithium, a critical mineral essential for the production of electric vehicle (EV) batteries. ...READ THE FULL STORY FROM SOURCE ...READ THE FULL STORY FROM SOURCE
This was disclosed on Tuesday during the Nigeria-South Africa business roundtable in Cape Town, as revealed in a statement by Bayo Onanuga, the Special Adviser to President Bola Tinubu on Information and Strategy.
President Ramaphosa proposed leveraging Nigeria’s lithium resources to advance industrialisation efforts aimed at supporting the global transition to green energy.
He emphasised the need for collaboration between the private sector and development finance institutions to build infrastructure and scale up manufacturing capabilities in the EV sector.
The statement read, “There is also much opportunity for cooperation on pharmaceuticals. Our two countries are strategically positioned to benefit from the rapid growth of clean energy manufacturing industries.
“South Africa has developed a Just Transition Framework and an Investment Plan that anticipates massive investments in renewable energy and the green economy over the next few years.
“As part of the broader global transition to a low-carbon economy, we must leverage the abundant natural resources that exist in our countries to promote green industrialisation.
“We should leverage each other’s capabilities in mineral processing. We must work together to ensure critical minerals are beneficiated at source. We call on businesses to support and involve themselves in these initiatives,” he said.
President Ramaphosa also disclosed that South Africa would “keenly” support the bid of Nigeria, “a valued sister country,” to become a member of the G20 club of the world’s major economies.
He gave the promise at the official launch of South Africa’s presidency of the G20 in Cape Town, few minutes before he received President Tinubu at the 11th Bi-National Commission between Nigeria and South Africa.
President Ramaphosa reiterated this stance during his tete-a-tete with Tinubu and the expanded meeting with officials of both countries at the BNC.
Meanwhile, South Africa and the African Union are the continent’s only representatives in the G20.
Ramaphosa said other key African countries should also be admitted to the club “so that we can raise the voice from Africa, the neglected continent for the longest time.”
He noted that South Africa had been the lone voice for Africa in the G20 before the admission of the African Union last year, after his country had lobbied for it to become a member.
“We have a voice, we have a presence, and we will be the biggest growth story in years to come.2.1.3. 18+ DID YOU MISS THE TREND? SEE ALL 400 V!D£0 CLIPS, $£X T4P£ OF Equatorial Guinea Baltasar Ebang Engonga.
“Our population is going to grow by leaps and bounds, and therefore, as a continent, we are going to be a big noise, and we want that big noise to be recognised in the form of countries that will be part of the G20 right now,” he said at the official launch of the G20 presidency,” he added...…READ THE FULL STORY FROM SOURCE
