Get Down with Wenjie Chen: Capitalising on the Critical Mineral Opportunity in Sub-Saharan Africa

27/10/2024 52 min
Get Down with Wenjie Chen: Capitalising on the Critical Mineral Opportunity in Sub-Saharan Africa

Listen "Get Down with Wenjie Chen: Capitalising on the Critical Mineral Opportunity in Sub-Saharan Africa"

Episode Synopsis

In this episode, we’re honoured to welcome Wenjie Chen, Deputy Division Chief in the IMF African Department, for an in-depth discussion on the region’s emerging role in the global clean energy transition. We begin by defining Sub-Saharan Africa and outlining the countries and territories that make up this vibrant, resource-rich region. Chen provides an overview of Sub-Saharan Africa’s current economic standing, highlighting both the region’s potential and challenges within the global development context.

How can rising global demand for critical minerals, like cobalt, lithium, and nickel transform the region’s economies? From investment opportunities to the potential for local processing industries, Wenjie discusses how regional cooperation and policy reforms could help these countries maximise their mineral wealth, creating new jobs, stabilising economies, and fostering sustainable growth.

Tune in to explore Sub-Saharan Africa’s potential as a powerhouse in the clean energy transition and hear firsthand insights from a leading IMF economist!

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