Wednesday, April 24, 2024

USA releases MoU on Zambia, Congo EV value chain

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The US Department of State has today released the signed Memorandum of Understanding (MOU) on electric vehicle battery value chains signed by Zambia, the DRC and the United States of Africa.

The MoU was signed on December 13, 2022, during the Africa Leaders Summit.

Through the MOU, the United States will support the DRC and Zambia to develop jointly a supply chain for electric vehicle batteries.

The MOU supports the DRC and Zambia’s goal of building a productive supply chain, from the mine to the assembly line, while also committing to respect international standards to prevent, detect, and take legal action to fight corruption throughout this process.

The DRC produces more than 70 percent of the world’s cobalt while Zambia is the world’s sixth-largest copper producer, and the second largest cobalt producer in Africa.

These resources, and this commitment to cooperation, are crucial components of the urgently needed global energy transition.

The plan to develop an electric battery supply chain opens the door for open and transparent investment to build value-added and sustainable industry in Africa and creating a just energy transition for workers and local communities.

The U.S. private sector is a tremendous resource, both for technical knowledge and financing, for commercial development at every step in the process.

The U.S. government will work with the DRC and Zambia to ensure the private sector has a level playing field to participate in these projects.

According to the MoU, the United States intends to support DRC and Zambia in their development of a value chain for Electrical Vehicle batteries in the DRC and Zambia in a manner consistent with applicable domestic laws and international best practices that facilitate the prevention, detection, and prosecution of corruption, as well as applicable obligations under the United Nations Convention against Corruption.

The US also intends to take appropriate steps to promote awareness of the DRC and Zambia Electric Vehicle Battery initiative within the U.S. private and investment sector.

This could include commercial development, where appropriate, as well as exploring technical assistance opportunities to facilitate potential U.S. private sector participation in such projects.

The United States confirms its interest in supporting the development of industrialized economic growth, such as through the construction of electric vehicle precursor plants in DRC and Zambia, and to provide the technical assistance to ensure its success to the extent allowed under its domestic legal authorities.

Below is the link to the MoU
2023.01.13-E-4-Release-MOU-USA-DRC-ZAMBIA-Tripartite-Agreement-Tab-1-MOU-for-U.S.-Assistance-to-Support-DRC-Zambia-EV-Value-Chain-Cooperation-Instrument

22 COMMENTS

  1. The Doubting Thomases should take time to read this…. and stop listening to conspiracy theorists…FREE information has been availed right here…

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  2. @THE CITIZEN. Learn to read and understand. There is totally nothing to excited about here!!! Read sections II and III very carefully. These are just intentions and there is nothing legally binding in this document. There is a very big difference between ‘intends’, ‘commits’ or ‘will’…Any way you UPND praise singers can continue living in lala land even when you are being fed BS.

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    • USA have signed an MoU to construct toilets in rural Zambia….and there’s jubilation that Bally is fixing it….oh sorry I’m getting out of a deep sleep.

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    • MOU on electric battery production is definitely a mile up from lungu and PF goats MOU to Saudi Arabia……..

      Definitely worth jubilation

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    • MOU on electric battery production . You know who produces the cobalt for batteries in the DRC? Children. Is that what Zambia and the US are about to endorse?

  3. Whn opposition politicians in Zambia were told that a copy was available @ the Ministry of Commerce in Lusaka, suddenly they all stopped demanding to see a copy. It’s really infantile.

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  4. I don’t know where the problem is. People have been yapping all over the show. An MOU is not a contract. The name says it all Momorandum of Understanding

    • They were exercising their rights! Why didn’t our government show it? We are in a democracy people want to know how their leaders are managing national affairs that is why the US which understands democracy better had understood what the opposition meant has displayed the MoU!!

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  5. And now where are all those that marched to the US Embassy like a pile of goats ready for shipment to Saudi Arabia? Where are they now?

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    • They were exercising their rights and how do you know the displayed copy is the same the two Presidents signed? Why didn’t our government show it? We are in a democracy people want to know how their leaders are managing national affairs that is why the US which understands democracy better had understood what the opposition meant and thus displayed the MoU!!

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  6. No wonder Prophets “papas” become super rich in Africa because of gullible followers…a papa buys water for K2 and sells it for K500 and tells his gullible followers that it is “holy water” and they believe him….Zambians now playing to the UPND folly of MOUs…..and jumping up and down and 10 years from now Zambia will still be struggling with the same poverty…filthy streets….high unemployment…corruption…loadsheding…you name….HH IS BUILDING CASTLES IN THE AIR

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    • @Grant, Who is responsible for filthy streets? Zambians. Why? Because we don’t have a culture of cleanliness. Throw dirt anywhere? Who cares is our principle fikai sova.
      High unemployment is not a new phenomenon and there is no nation in the world that has Zero unemployment rates. When HH goes outside the country to look for investors who are going to create employment, you start barking ati he is wasting taxpayers’ money.
      Can you compare the current rate of corruption to what we had during pf misrule? Do you want to blame climate change which has resulted in low water levels at Kariba dam on the New Deal Government?

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  7. Brilliant example of doing the same things but expecting different results. These people could use nuclear weapons on you but you would still go back and sign your life away to them. I’m sure these two African men asked questions in class on how our forefathers allowed the imperialists to rule over them. Well the imperialist simply moved the goal posts and rewrote history and the results are here for all to see.

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  8. They were exercising their rights and how do you know the displayed copy is the same the two Presidents signed? Why didn’t our government show it? We are in a democracy people want to know how their leaders are managing national affairs that is why the US which understands democracy better had understood what the opposition meant and thus displayed the MoU!!

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  9. Our government already told those that were “exercising their rights ” that there was a copy available for their perusal at Ministry of Commerce. Did you hear any of these Exercisers of their rights say they went there and did not find it? Have you heard from them since? Now you want to spin the conspiracy to start claiming that the displayed copy isn’t the one the presidents signed!! There’s no pleasing some people!!!

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    • So how in the heck do you know that that’s the same copy that was signed? The copy displayed on the link provided has no signatures. How do you know that certain crucial clauses have not been omitted? Hello? Don’t be naïve, man.

    • You want them to continue pushing the same issue which is answered? It is up to government to inform the public to allay speculations and rumor mongering. If I were UPND Government I would rather be proactive than reactive! If you have handled officials matters at a higher level, you would agree that the most authentic copy is one which is signed. One without signatures may just be a draft! Even the US State Department when displaying on their website correspondence within their government or laws that have been approved by their President, they show signed copies which are taken as authentic!

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