An Analysis of the strategic geopolitical gains and risks of the EU Strategic Partnership, Lobito Corridor and Minerals for Security deals on East and Southern Africa’s Critical Transition Minerals
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An Analysis of the strategic geopolitical gains and risks of the EU Strategic Partnership, Lobito Corridor and Minerals for Security deals on East and Southern Africa’s Critical Transition Minerals
This short analytical brief provides an overview of the critical mineral wealth in Eastern and SouthernAfrica with a particular focus on the strategic gains and risks that geopolitical initiatives such as the EU Strategic Minerals Partnerships, the Lobito Corridor and emerging minerals for security deals offer. It is estimated that the mining industry needs to invest $1.7 trillion over the next 15 years to extract and supply enough metals for renewable energy and Africa possess almost half of these. The brief discusses the geostrategic machinations by superpowers such as the US, Europe, Russia and China in the context of the dash for control of critical minerals for the green transition and the current extractive governance challenges facing the region. While strategic alliances may not entirely be a bad idea, the brief highlights the geopolitical, security and percieved neocolonial undertones that may come with these initiatives. And how the historical socio-economic justice concerns of similar geopolitical jostling, security2 guarantees at the Berlin conference and hinterland to port initiatives contributed to the colonial exploitation of Africa’s resources for benefits elsewhere. The brief further highlights on the possible benefits that the region can garner from these initiatives and measures the region can take so as to avert the risks and maximise benefits from these partnerships. This policy brief is a significant resource in understanding the geopolitics at play of critical minerals and support of advocacy surrounding regional collaborative initiatives for critical minerals and the necessary positionings that the region must take to benefit from these initiatives.
