Prem14 Oct 2021 18:40
Wolf
This is just one of many articles that i have come across during my research--very much a common denominator.
"Many, but not all, companies shy away from investments in Zimbabwe’s extractive industries due to the country’s economic and political instability. Even three years after Emmerson Mnangagwa and his ‘open for business’-mantra assumed the presidency from long-term ruler Robert Mugabe, Zimbabwe finds itself in a protracted economic crisis, experiencing hyperinflation, limited foreign investment, and lacking resources for basic services and infrastructure. Moreover, repression and violence against the political opposition, civil society, and journalists has continued in the post-Mugabe era. Civil society questions the kinds of businessmen the emerging lithium industry may attract and fear the kinds of agreements reached behind closed doors. Furthermore, the activist highlighted the knowledge gap between and the lithium industry and the Zimbabweans – government and civil society: “Do we really have people who understand the lithium industry and value chain?”
The future of Zimbabwe’s lithium is uncertain. Since the global demand skyrocketed in the past 10 years, Zimbabwe’s underground metal and mineral resources have not been without controversy: concerns about transparency and governance as well as hopes to fulfil national or personal economic dreams were raised. Lithium is critical for the energy transition in the global North, yet in reality soaring demand for the mineral is likely to only consolidate the exploitative extractive state in Zimbabwe.
The Project: Green Curses and Violent Conflicts
Acker
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