Browsing Tag
EV Batteries
2 posts
Afreximbank Urges African Nations to Halt Raw Lithium Exports
Afreximbank’s Dr. George Elombi has urged African nations to process lithium domestically for EV battery production instead of exporting it as a raw material, pledging financial support for local manufacturers.
July 3, 2026
Afreximbank Chief Urges African Nations to Stop Raw Lithium Exports and Launch EV Battery Manufacturing
Afreximbank President Dr. George Elombi is calling for a shift in African economic strategy, urging nations to manufacture EV batteries locally rather than exporting lithium, while criticizing biased international rating agencies.
July 1, 2026