India Deepens Strategic Import Ties with Africa’s Mineral-Rich Economies

New Delhi, India — India has launched a USD 4 billion investment drive to secure critical mineral imports from Africa, targeting lithium, cobalt, and nickel—essential for electric vehicle batteries and renewable energy technologies. Bilateral agreements have already been signed with Zimbabwe, Mozambique, Malawi, and Côte d’Ivoire, with negotiations underway in the Democratic Republic of Congo.

This initiative positions Africa as a key supplier in the global clean energy transition, while offering new export opportunities for resource-rich nations. India’s Ministry of Mines is combining disciplined fiscal policy with industrial partnerships to ensure long-term supply chain stability.

The move reflects a broader trend of strategic resource diplomacy, where African countries are leveraging their mineral wealth to attract infrastructure investment, technology transfer, and export diversification. As global demand for clean energy materials surges, Africa’s mineral exports are poised to become a cornerstone of its trade portfolio.