The next decade will be pivotal for the mining sector in Africa and there are many reasons to feel optimistic about deal-flow and transactions on the continent in the coming years, says Shirley Webber.
While African producers and governments – including South Africa – have enjoyed a windfall from buoyant commodity prices in the latter part of 2020 and 2021, there is an expectation that we will see a revision back to historical long-term price trends due to a myriad of factors.
Top of mind is an expected sector focus shift where we see historical sector heavyweights starting to identify opportunities in the so-called “metals of the future” such as copper, manganese, cobalt, and lithium as well as diversification into energy sources such as hydrogen, helium, and natural gas.
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