Industrialising Africa

In recent years, the debate surrounding Africa's mineral exploitation has focused on the export of raw materials and the need for value addition within the continent. CNBC Africa recently interviewed Vinay Somera from Isondo Precious Metals, a company at the forefront of industrializing Africa by adding value to platinum group metals and creating products for the green hydrogen industry. Somera highlighted the importance of maximizing value at the country level through ground-level industrialization and product beneficiation. Isondo has established an industrial-scale manufacturing facility with world-class capabilities to produce catalysts and membrane electrode assemblies for fuel cells and electrolyzers. By converting renewable energy into hydrogen, the company aims to foster local production and create opportunities in the green hydrogen value chain. The interview shed light on the potential for Africa, particularly South Africa, to lead the transition to a cleaner energy future by embracing fuel cell technology and reducing dependence on traditional internal combustion systems. As the green hydrogen industry gains momentum, Isondo Precious Metals is poised to play a pivotal role in driving innovation and sustainability within the automotive and energy sectors.