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Home » News » Regional Economic Outlook 2026: Southern Africa Must Mobilise Development Finance at Scale to Close Annual $55 Billion Financing Gap

Regional Economic Outlook 2026: Southern Africa Must Mobilise Development Finance at Scale to Close Annual $55 Billion Financing Gap

July 29, 2026
in News
Reading Time: 1 min read

Source:
African Development Bank Group (AfDB) |

Jul 16, 2026

Africa holds about 30% of the world’s most critical mineral deposits, including cobalt, lithium, graphite, rare earths, platinum group metals, copper, manganese, and nickel

African ministers, representatives from continental institutions, the private sector, and development partners have called for Africa’s critical minerals to drive a new era of economic transformation, industrialisation and job creation – especially for young people and women, through value addition, regional value chains and beneficiation.

They made the call at…

Tags: Africa

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