GLOBEALERT
BUSINESS● LOWJul 1 · Jul 1, 2026, 4:25 PM

Stop exporting lithium, build EV battery industry in Africa – Afreximbank tells African nations

Vanguard Nigeria

— Says bank ready to finance battery production, faults foreign rating agencies, hails Dangote Refinery Emma Ujah, Abuja Bureau Chief The President and Chairman of the Board of the African Export-Import Bank (Afreximbank), Dr. George Elombi, has urged African countries to stop exporting raw lithium and instead develop a thriving electric vehicle (EV) battery manufacturing […] The post Stop exporting lithium, build EV battery industry in Africa – Afreximbank tells African nations appeared first on Vanguard News.

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