George Badejo-Adegbenga: Connecting Africa’s talent to global opportunity
Africa has no shortage of talent, but too much of it remains disconnected from opportunity. George Badejo-Adegbenga, founder read more George Badejo-Adegbenga: Connecting Africa’s talent to global opportunity
George Badejo-Adegbenga is the founder of an initiative aimed at connecting Africa's talent to global opportunities. According to BusinessDay Nigeria, Africa has an abundance of talent, but much of it remains disconnected from opportunity.
The African continent has significant potential in the electric vehicle industry, with large deposits of cobalt and lithium, key raw materials in electric vehicle batteries. The Democratic Republic of Congo produces almost two-thirds of the world's cobalt, and most of Zimbabwe's lithium concentrate is exported to China, which dominates the processing of these minerals, as per the South China Morning Post.
African companies see China's vast production of electric vehicles and green-energy tech as an opportunity to secure EV technology and develop the industry. Chinese companies are investing in assembly plants and battery supply chains in many African countries, allowing African businesses to cut costs and gain access to proven technology.
Brief written by urgent.news from BusinessDay Nigeria, South China Morning Post — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.