 As the independent non-executive director at CBZ Holdings, Rebecca Gaskin Gain assists the bank in funding corporations in Zimbabwe. Among other efforts, Rebecca Gaskin Gain supports renewable energy projects in the country, like lithium battery development. If entrepreneurs appeal to other countries’ economic interests, the African continent can earn tangible economic benefits.
Due to its high energy density, lithium is a desirable material for battery construction. Lithium batteries power transportation modes of all types, so all industries, regardless of size, are potential markets. Additionally, climate change has increased interest in non-fossil fuel energy sources, so companies and countries demand them. The African continent has rich lithium deposits, but lithium hydroxide manufacturers have traditionally been located in China or Sweden. By relocating facilities to countries like Zimbabwe, residents can gain more economic power while reducing manufacturers’ logistical costs. Companies like Ampersand in Rwanda already harness nearby lithium resources by creating lithium batteries for the country’s motorbike taxis. By replicating Ampersand’s business model on a larger scale, the whole African continent can reap the same benefits while making energy-efficient transportation more accessible.
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 As the independent non-executive director of CBZ Holdings, Rebecca Gaskin Gain assists the bank in its support of corporations in Zimbabwe. Among other efforts, Rebecca Gaskin Gain supports renewable energy projects in the country such as lithium battery development. If more entrepreneurs on the African continent work to increase collaboration with those in other countries, the entire continent can earn tangible economic benefits.
Lithium is a desirable mineral due to its high energy density, which makes it ideal for making batteries. Lithium batteries power different modes of transportation, from small to large, so all industries are potential markets. Additionally, climate change has increased interest in non-fossil fuel energy sources, so companies and countries are seeing an increased demand for power storage systems. The African continent has rich lithium deposits, but lithium hydroxide manufacturers have traditionally been located in China or Sweden. By negotiating with external manufacturers, convincing them to relocate facilities to countries such as Zimbabwe, residents can gain more economic power while also reducing the manufacturers' logistical costs. Companies like Ampersand, in Rwanda, already harness nearby lithium resources by creating lithium batteries for the country’s motorbike taxis. By replicating Ampersand’s business model on a larger scale, much of the African continent can reap the same benefits, while also creating a more energy-efficient world. |
AuthorInternational Finance and Energy Consultant, Rebecca Gaskin Gain, J.D. Archives
April 2025
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