African entity plans to boycott externals & empower local processing for aluminium value-chain

During the swearing-in ceremony of the new President of the African Export-Import Bank (Afreximbank), George Elombi set the tone for what could be Africa’s next industrial revolution. “No more Nigerian bauxite, or Gabonese manganese, or Cameroonian bauxite, or South African bauxite, raw. We are not interested,” Elombi declared, adding, “We will focus on domestic processing. This has numerous benefits.”
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