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Technology DRC-Africa Business Forum: The DRC is positioned on the manufacture of lithium batteries

12:30  25 november  2021
12:30  25 november  2021 Source:   rfi.fr

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RDC: Julien Paluku, ministre congolais de l’Industrie après lancement du forum DRC-Africa Business Forum à Kinshasa, le 25 novembre 2021. © Pascal Mulegwa / RFI DRC: Julien Paluku, Congolese Minister of Industry After launching the forum DRC-Africa Business Forum in Kinshasa, the November 25, 2021.

The Democratic Republic of Congo (DRC) wants to produce lithium batteries locally and develop a regional value chain around electric vehicles and clean energies. It is the mad ambition displayed by the authorities who opened yesterday in Kinshasa, the DRC-Africa Business Forum.

The DRC-Africa Business Forum, which lasts two days, is organized in partnership with the United Nations Economic Commission for Africa (CEA). Félix Tshisekedi and his Zambian counterpart, Hakainde Hichilema opened the event in the presence of several officials and delegated ministers of Morocco and Gabon.

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The DRC is positioned as the world's most competitive destination to install battery manufacturing plants. She wants to capture some of the "$ 8,000 billion" of revenue from the sale of electric vehicles at maturity 2025, "46,000 billion by 2050".

"The commitments are strong! Rejoicing Julien Paluku, Congolese Minister of Industry at our correspondent's microphone, Pascal Mulegwa . We were in negotiations already with the Federation of Congo companies and with the Gécamines, which is the general quarry of the mines, so that the first pilot plant is based in Lubumbashi. And mining companies are ready to supply this raw production plant. All the financiers of the world have signed the commitment to be able to accompany us in the establishment of this new dream.

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Imagine that the study that was conducted by Bloomberg demonstrates that investing in the DRC costs the investor $ 39 million, while in the United States the same investment costs $ 117 million! So these are indicators like that we make at the disposal of the world, to create this feeling of attraction towards the DRC. And it's not me who says it. It is the study of Bloomberg which is an independent organization, which we have not blocked so that it will come out of the numbers that are in our favor! "

Albert Yuma, the President of the Congo Federation of Enterprises (FEC), requested at this ceremony to ensure "from the start of the participation of nationals with the capital of these joint ventures". He advocates "African protectionism" before "opening up to others".

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usr: 3
This is interesting!