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.
This is according to a statement issued on Wednesday by Bayo Onanuga, Special Adviser to the President (Information & Strategy).
It said Ramaphosa disclosed this on Tuesday in Cape Town, South Africa, at the Nigeria -South Africa Business Roundtable.
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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.
Ramaphosa said, “There is also much opportunity for cooperation on pharmaceuticals. Our two countries are…