Custom Featured Image
September 25, 2023

Empowering Africa: The Battery and Electric Vehicle Chain Initiative

In a momentous meeting at the Global Africa Business Initiative (GABI) during the United Nations General Assembly 78 (UNGA 78) week in New York City, Ambassador Roya Rahmani, Chair of the Delphos International Board, was honored to sit down with His Excellency Felix Tshisekedi, the President of the Democratic Republic of Congo. Their discussions revolved around the ambitious Battery and Electric Vehicle Chain (BEV) Initiative, a program poised to reshape not only Africa but global supply chains as well.

The Democratic Republic of Congo is known for its rich mineral resources, including cobalt, an essential component in lithium-ion batteries. Its vast potential in producing batteries and electric vehicles can not only boost its economy but also reduce the carbon footprint on the continent, paving steps for climate change. As we look to the future, it’s essential to acknowledge that the BEV Initiative is not solely about economic development, it’s also about uplifting communities, ensuring governments’ involvement and benefit, and providing opportunities for marginalized groups. Also joined in the meeting was Delphos’ Jonathan First as well as Eddy Kioni, the founder of Buenassa to whom Ambassador Roya Rahmani conveyed Delphos’ strong support for Buenassa’s initiative to create an ore processing and refinery plant for vital minerals such as copper and cobalt, which support energy transition efforts in the climate action context.

Amb. Rahmani noted her appreciation for His Excellency’s commitment to women’s economic empowerment and, particularly, his commitment to ensuring that women have access to climate funding. In the words of Amb. Rahmani, “As a company that has an almost four decade track record, not only of success but of good work, Delphos is committed to helping and supporting DRC’s vision of facilitating and promoting the value chain for  good and promote its dedication to responsible finance and sustainable development, especially whilst meeting environmental and social standards that also uplift the communities that they are embedded in.”

The meeting exemplifies Delphos’ commitment to forging vital connections that have the potential to drive significant positive change, while the discussions at GABI during UNGA 78 week herald a promising future for Africa and global supply chains. Delphos remains steadfast in its aim to facilitate positive and sustainable change, and the BEV Initiative exemplifies our mission. As we work hand in hand with the Democratic Republic of Congo and other partners in the region, we are truly excited about the road ahead.

© Copyright 2024 - Delphos International