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What Does the European Green Deal Mean for Africa?

Implications for Africa are multifaceted. Most prominently, a decline in European demand for fossil fuels alongside rising demand for cobalt, nickel, and other critical minerals for the energy transition will greatly affect global markets and, by implication, the economies of oil-dependent and mineral-rich African countries. The economy-wide effects of the EGD, however, extend beyond the energy transition.

This is only an excerpt. You can read the full article on Carnegie Endowment For International Peace

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