By Our Correspondent
South Africa has thrown its support behind Nigeria’s ambition to join the G20, signaling a push for deeper collaboration on critical mineral resources like lithium.
This partnership aims to boost green energy initiatives and drive industrial progress in electric vehicle (EV) battery production.
The commitment was unveiled during the Nigeria-South Africa Business Roundtable in Cape Town, where South African President Cyril Ramaphosa outlined plans to utilize Nigeria’s lithium reserves for EV manufacturing.
Ramaphosa highlighted the potential for joint ventures in clean energy and pharmaceuticals, emphasizing the strategic position of both nations in advancing renewable industries.
This announcement coincided with South Africa’s assumption of the G20 presidency, where Ramaphosa called for a stronger African presence in the global economic bloc.
He underscored the continent’s growing importance and the need for more African nations, including Nigeria, to have a voice in global economic decisions.
The meeting also marked the 11th Bi-National Commission between the two countries, reinforcing their commitment to regional development and industrial growth.
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