African metals gets a ride on electric vehicles expansion
SETH ONYANGO, BIRD THE global race for the production of electric vehicles (EV) is driving demand for Africa’s metals in what could soon plug billions of dollars into the continent’s GDP. Statista estimates show demand for metals such as nickel, aluminium and iron –– critical components in EVs –– will jump 14 times by 2030, offering minerals-endowed African states an avenue to cash in from the green car revolution. “This increase in demand can be directly traced to the outlook for electric vehicles over the next ten years, with vehicle battery output expected to rise by tens of millions,” read…