Luanda - The Minister of State for Economic Coordination, José de Lima Massano, on Tuesday in Davos, Switzerland, highlighted the importance of sustainable and inclusive exploration of strategic minerals in order to mobilize the necessary resources to build infrastructure to support economic development.
The Angolan official made the statement during a "reserved" interactive session with policymakers, investors and business leaders at the workshop on "Investing in Critical Minerals Value Chains", which also focused on the importance of public-private partnerships, as part of the World Economic Forum's 55th Annual Meeting, which began on Monday in the Swiss Confederation.
The morning session brought together stakeholders from the Securing Minerals for the Energy Transition initiative, which brings together leaders from across the critical minerals value chain, as well as the financial, investment and industrial sectors, to strengthen global collaboration.
Stakeholders analyzed investment needs and explored risk mitigation options in the value chain for these types of minerals, including public-private partnerships and collaborative business models along the chain, with the aim of securing critical minerals for the energy transition.
During the workshop, successful cases of public-private partnerships were presented in order to mobilize funding to enable innovative solutions for these strategic minerals.
Experts agreed that despite progress in increasing the supply of some critical minerals and metals, a gap between supply and demand is still expected by 2030, threatening the stability of resource supply chains and requiring greater collaboration and strategic investment along the value chain to overcome these challenges.
Also on Tuesday, José de Lima Massano, representing the Angolan Head of State, João Lourenço, will take part in the special interventions plenary, which will be addressed by the President of South Africa, Cyril Ramaphosa.
On Wednesday, he will attend the Forum of Friends of the African Continental Free Trade Area (AFCFTA), which will be held under the theme "Transforming Digital Trade into a Catalyst for Growth in Africa", with the aim of promoting the implementation of the AFCFTA through public-private partnerships.
The event will bring together some 3,000 participants, including heads of state and government, business leaders, heads of international organizations, civil society representatives, academics and the cultural sector.
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