Germany Urges Speed in Securing Critical Resources
Economy / Finance

Germany Urges Speed in Securing Critical Resources

Securing access to essential raw materials is becoming increasingly urgent, according to the German development agency, the Gesellschaft für Internationale Zusammenarbeit (GIZ). Anna Sophie Herken, a GIZ board member, emphasized that achieving energy independence, security and sustainability for Germany necessitates strong engagement with the African continent.

Herken highlighted China’s significant and long-standing presence across Africa, noting substantial investments in infrastructure, mining rights and trade agreements. Chinese entities currently control approximately 30% of African copper production and up to 41% of cobalt output, representing a considerable economic influence.

GIZ recognizes a distinct advantage in its decades-long experience working in Africa. “We have cultivated relationships, understand local structures and needs and have earned significant trust” Herken stated. This existing network provides a foundation for fostering sustainable partnerships.

The transition to renewable energy sources is inextricably linked to African resources, as many crucial materials for solar panels, wind turbines, batteries and electric vehicles originate from the continent in substantial quantities.

Moving beyond outdated perceptions of development aid, Herken advocates for a modernized approach to international collaboration. She calls for a more entrepreneurial mindset, characterized by efficiency, a focus on results and a strong sense of partnership. “Economic development and progress are not mutually exclusive; they are interconnected” she asserted. Drawing on experience from the Allianz group before joining GIZ, Herken stresses the importance of clear regulatory frameworks, investment stability and reliable partnerships to stimulate economic activity — elements that GIZ actively strives to facilitate.