Friday May 9, 2025

Africa is Moving Quickly Towards Energy and Economic Independence, Driven by Mining Growth in the DRC

The DRC’s new mineral zones and mining reforms attract investors, Spiro’s Nairobi all-women EV assembly line empowers women in STEM, and Afreximbank’s $3 billion facility enhances Africa’s energy trade and refining. Learn about Africa’s push for economic and energy sovereignty.

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By Redaction ARPS Media with (Author: Afolake Oyinloye @ Africanews)

The Democratic Republic of Congo (DRC) is attracting renewed investor interest due to new mineral-rich zones, supported by government reforms for clearer mining codes, although security concerns remain.

Spiro launched Africa’s first all-women electric vehicle assembly line in Nairobi, promoting clean energy and empowering women in STEM.

Afreximbank introduced a $3 billion credit facility to reduce Africa’s dependence on fuel imports, enhance regional refining capabilities, and foster intra-African energy trade.

Find the full article at https://www.africanews.com/2025/05/08/africa-accelerates-towards-energy-and-economic-sovereignty-with-drc-mining-growth-business/

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