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‘The DRC can become an electric car champion’ – Industry minister - The Africa Report

Last updated Wednesday, December 15, 2021 01:40 ET , Source: NewsService

The DRC - which is rich in lithium, manganese, nickel and cobalt - wants to locally produce batteries for electric vehicles and develop a “green” value chain, says Julien Paluku, minister for industry.

President Félix Tshisekedi is committed to making the DRC an ‘electric car champion’, he said at the DRC-Africa Business Forum held from 24 to 25 November in Kinshasa, signing several agreements with various technical and financial partners.

These include the United Nations Economic Commission for Africa (ECA), the African Development Bank (ADB), the African Export and Import Bank (Afreximbank), the Africa Finance Corporation (AFC), the Arab Bank for Economic Development in Africa (Badea) and the Australian mining group AVZ Minerals.

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