Africa - GreenTech: Are African Leaders Ready for World Powers Competing for Africa's Strategic Mineral Resources?
Lithium, a critical component in electric vehicle batteries, is in high demand. The demand for lithium has been rising, as the share of electric vehicles has been increasing. In fact, major dominating technology companies in the last five years include those leveraging electric cars and new batteries. However, the market for battery-grade lithium is way larger, beyond Electric vehicles. In fact most of portable electronics, the laptops and tablets and smartphones depend lithium-ion batteries. The key major player for Lithium production is the African continent. Hence, the question iis whether Africans, especially leaders are ready?