Africa abounds with mineral resources, clean energy resources and fast-growing labor force, which makes it a region with the most economic development potential across the globe. In the new phase featured by industrialization and regional integration, Africa has ushered in a rare development opportunity while being challenged by arduous task of realizing sustainable development in recent years. Therefore, Africa calls for a comprehensive economic development strategy and plan, an innovative development model, as well as a solution to energy shortage in the process of industrialization, thereby achieving its sustainable development.
On the basis of in-depth research of Africa’s economic and social development situation, Global Energy Interconnection Development and Cooperation Organization(GEIDCO) has put forward a new development model for the co-development of electricity, mining, metallurgy, manufacturing and trade. According to the pattern, by coordinating the planning and construction of clean energy bases such as hydropower, mining and metallurgy bases and industrial parks, a power market linking power generation, transmission and utilization together will be built, and an integrated development pattern covering mining, smelting and deep processing take shape. On doing so, Africa will push forward the industrialization process by developing mining and metallurgy industries, boost economic and social development by constructing industrial parks, and integrate in global market and global value chain through trade, effectively solving the problems of power shortage in industrial development and limited market in power development, and creating enormous economic and social benefits.
To achieve the co-development of electricity, mining, metallurgy, manufacturing and trade, the key is to accelerate the construction of the Africa Energy Interconnection. Based on this, efforts should be made to develop hydropower and other clean energy resources, facilitate the construction of cross-border and inter-regional interconnection infrastructure, and secure the clean, reliable and cheap energy supply in Africa. These efforts will become the driving force to promote the industrialization and regional integration of Africa, achieve the 2030 Agenda for Sustainable Development of the United Nations and Agenda 2063 of African Union, and advance the building of a human community with a shared future.