AfDB Proposes Critical Minerals-backed Currency for African Countries  

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The African Development Bank (AfDB) has unveiled a proposal for a new “gold standard” currency arrangement that would be backed by Africa’s critical minerals—such as cobalt, copper, lithium, and manganese. The AfDB notes that although Africa holds about 30% of the world’s reserves of critical minerals, it attracts only a small fraction of global energy… Read More »AfDB Proposes Critical Minerals-backed Currency for African Countries