Africa holds nearly a third of the world’s reserves of critical minerals essential for the global energy transition, yet fragmented industrial strategies risk undermining this advantage. This is according to a thought leadership piece by Absa on how Africa can turn fragmented mineral belts into coherent regional value chains. It argues that regional value chains, not isolated national policies, are the key to unlocking Africa’s mineral potential.

Thami Ngubeni spoke to Stephen Seaka, Managing Executive for Public Sector & Growth Capital Solutions at Absa CIB.

Africa holds nearly a third of the world&rsquo;s reserves of critical minerals essential for the global energy transition, yet fragmented industrial strategies risk undermining this advantage. This is according to a thought leadership piece by Absa on how Africa can turn fragmented mineral belts into coherent regional value chains. It argues that regional value chains, not isolated national policies, are the key to unlocking Africa&rsquo;s mineral potential.
Thami Ngubeni spoke to Stephen Seaka, Managing Executive for Public Sector &amp; Growth Capital Solutions at Absa CIB.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

Absa looks into how Africa can turn fragmented mineral belts into coherent regional value chains

Nigeria’s National Bureau of Statistics (NBS) is set to revise its inflation calculation methodology after acknowledging that last year’s rebasing exercise could make December’s year-on-year inflation rate appear artificially elevated.

The rebasing, the first in 15 years, was adopted in December 2024 as the new index reference point. Officials say this would distort December inflation figures by overstating price pressures without accurately capturing underlying market trends. The planned adjustment comes amid concerns from some analysts, who question whether the revised methodology will provide a more accurate picture of Nigeria’s true economic conditions.

Thami Ngubeni spoke to Shuaibu Idris, Managing Director at Time-Line Consult Limited.

Nigeria&rsquo;s National Bureau of Statistics (NBS) is set to revise its inflation calculation methodology after acknowledging that last year&rsquo;s rebasing exercise could make December&rsquo;s year-on-year inflation rate appear artificially elevated.
The rebasing, the first in 15 years, was adopted in December 2024 as the new index reference point. Officials say this would distort December inflation figures by overstating price pressures without accurately capturing underlying market trends. The planned adjustment comes amid concerns from some analysts, who question whether the revised methodology will provide a more accurate picture of Nigeria&rsquo;s true economic conditions.
Thami Ngubeni spoke to Shuaibu Idris, Managing Director at Time-Line Consult Limited.

Nigeria's National Bureau of Statistics to revise inflation calculation methodology

South Africa’s Minister of Agriculture, John Steenhuisen, says the ongoing foot-and-mouth disease outbreak should be declared a state of disaster to enable stronger measures, including law enforcement support, to control animal movement. Speaking to the media, Steenhuisen says KwaZulu-Natal, Gauteng, Free State and North West provinces have been hardest hit since the country lost its FMD-free status in January 2019.

Nearly two million animals have been vaccinated so far, with the government working alongside local and international partners to secure a steady supply of vaccines. Thami Ngubeni spoke to Dewald Olivier, Chief Executive Officer (CEO) at Red Meat Industry Services.

South Africa&rsquo;s Minister of Agriculture, John Steenhuisen, says the ongoing foot-and-mouth disease outbreak should be declared a state of disaster to enable stronger measures, including law enforcement support, to control animal movement. Speaking to the media, Steenhuisen says KwaZulu-Natal, Gauteng, Free State and North West provinces have been hardest hit since the country lost its FMD-free status in January 2019.
Nearly two million animals have been vaccinated so far, with the government working alongside local and international partners to secure a steady supply of vaccines. Thami Ngubeni spoke to Dewald Olivier, Chief Executive Officer (CEO) at Red Meat Industry Services.

SA Agriculture Minister calls for foot-and-mouth disease outbreak to be declared a state of disaster

Petroleum companies BP and Sasol have applied to the National Energy Regulator of South Africa (Nersa) for a 105% tariff increase for their petroleum storage facility for the 2026 financial year. In their submission, the companies point to a sharp decline in fuel consumption over the past decade, which has reduced revenue and placed growing pressure on South Africa’s more than 4 600 fuel forecourts.

Government data show petrol consumption fell from 12 billion litres in 2015 to 8.7 billion litres in 2024, while diesel use declined from 14 billion to 11.8 billion litres over the same period. Thami Ngubeni spoke to Energy Analyst Tshepo Kgadima.

Petroleum companies BP and Sasol have applied to the National Energy Regulator of South Africa (Nersa) for a 105% tariff increase for their petroleum storage facility for the 2026 financial year. In their submission, the companies point to a sharp decline in fuel consumption over the past decade, which has reduced revenue and placed growing pressure on South Africa&rsquo;s more than 4 600 fuel forecourts.
Government data show petrol consumption fell from 12 billion litres in 2015 to 8.7 billion litres in 2024, while diesel use declined from 14 billion to 11.8 billion litres over the same period. Thami Ngubeni spoke to Energy Analyst Tshepo Kgadima.

Absa looks into how Africa can turn fragmented mineral belts into coherent regional value chains

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