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World Bank Highlights $500 Billion Need for Mining Investments in Africa to Meet Global Mineral Demand

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The World Bank highlights that Africa needs over $500 billion in mining investments to meet a projected doubling of global demand for critical minerals by 2040. With the continent holding 30% of the world's known mineral reserves, key resources such as copper, lithium, and nickel are essential for industries like green energy and defense. Stakeholders are urged to strategically manage the growing competition for these vital minerals while pursuing sustainable development.

World Bank Highlights $500 Billion Need for Mining Investments in Africa to Meet Global Mineral Demand
Jan 24, 2026, 6:30 AM

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