Africa: Colonialism Hijacks Energy Transition - 70 Percent of Minerals for Renewables Lies in Global South but the Majority of Profits Are Captured By the World's Richest
[AllAfrica - Africa] - 24/09/2025
[Oxfam] Although Global South countries hold roughly 70% of transition minerals reserves, the majority of the investments in renewable energy are concentrated in the Global North (50%) and China (29%) - with those profits largely falling into the hands of the richest 1%.
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