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Mining and drilling

Since Africa is home to large reserves of the minerals needed for the ongoing energy transition, i.e. the transition to renewable energy technologies, the predicted increase in global demand for these critical minerals could become a driver of sustainable economic development on the continent, not least for the mineral-rich countries of Africa. The African Union has outlined a policy framework, the Africa Mining Vision, to leverage the continent’s mineral reserves in pursuit of sustainable development and socio-economic transformation. A key ambition in this vision is to transform Africa's economies from today's high levels of commodity export to a larger share of industrial manufacturing of higher value-added products, an ambition that will require investments in capacity building, research and development.