How Zimbabwe's Lithium Export Ban Could Transform it into Africa's Next Superpower
Economics Explained
English - March 30, 2024 20:05 - 18 minutesBusiness Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Zimbabwe has not had the best past economically speaking. But what they do have is as much as 20% of the world's demand for lithium, the biggest deposits in Africa. So now that the raw lithium export ban has kicked in, and refining operations have started in Zimbabwe itself, will the country gain a massive advantage by exporting this incredibly necessary component of computers, electric cars and the internet?
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Zimbabwe has not had the best past economically speaking. But what they do have is as much as 20% of the world's demand for lithium, the biggest deposits in Africa. So now that the raw lithium export ban has kicked in, and refining operations have started in Zimbabwe itself, will the country gain a massive advantage by exporting this incredibly necessary component of computers, electric cars and the internet?
Learn more about your ad choices. Visit megaphone.fm/adchoices