SOUTH AFRICA EYES NIGERIA’S LITHIUM FOR ELECTRIC VEHICLE REVOLUTION, BACKS NIGERIA’S BID TO JOIN G20

President Ramaphosa has expressed South Africa’s interest in collaborating with Nigeria to harness critical minerals, particularly lithium, to drive the green energy transition and support the development of electric vehicles (EV) batteries. He disclosed this on Tuesday in Cape Town, South Africa, at the Nigeria -South Africa Business Roundtable. He proposed leveraging Nigeria’s vast lithium reserves as a cornerstone for industrialisation efforts in the EV sector. He urged the private sector and development finance institutions to collaborate in building infrastructure and scaling up manufacturing capabilities in this sector. “There is…

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