THE United Nations Development Programme (UNDP) has launched the US$1 billion Timbuktoo MineTech Hub in Zambia aimed at revolutionising Africa’s mining sector.
The hub becomes one of the ten hubs established across Africa under the UNDP’s Timbuktoo initiative.
The programme seeks to foster innovation across various sectors, including fintech, agritech, healthtech and now mining.
The hub is set to commence operations in 2025, with the first cohort of innovators poised to lead Africa’s mining sector into a sustainable and prosperous future.
Speaking during the National Institute of Scientific and Industrial Research (NISIR) in Chongwe yesterday, Technology and Science Minister Felix Mutati revealed that the hub will serve as a continental center for innovation, research and sustainable practices in mining.
Mutati stated that the hub positions the country in a place where it will soon transform Africa’s mining landscape by contributing to Zambia’s targeted three million tonnes of copper annually.
He said the Centre will also focus on advanced technologies to reduce environmental impact and it is expected to play a crucial role in job creation, youth empowerment and economic diversification in Zambia and beyond.
“The MineTech Hub is a game changer, It will drive innovation, enhance safety standards, and promote sustainable mining practices, ensuring Africa’s resources benefit its people,” said Mutati.
“I would like to commend the UNDP for honouring Zambia to host the mine tech hub for the entire Africa, a huge investment which results from practical implemented solutions by Africans to foster development among the startups and innovators.”
And UN Resident Coordinator Beatrice Mutali described the newly opened hub as a catalyst for transformation that will equip startups with the tools to leverage technology for optimised mining operations.
Mutali called on stakeholders, including the private sector to support the initiative which aims to create 10,000 startups, impact 100 million livelihoods and generate US$10 billion in value over the next decade.
“Zambia’s selection to host this hub is a testament to its leadership in mining and innovation,” she said.
“This is more than a physical space, it’s a platform for young Africans to drive the future of mining.”
The event also featured a call for applications by Bongohive which will fund five innovators with US$25,000 each to develop prototypes aligned with the hub’s goals.
Timbuktoo Executive Secretary Natalie Jabangwe praised the initiative stating that it will stand the test of time and be the next hope for Africa.
“This is not just a workspace, it’s a driver of change. Mining must transition to a sustainability industry that serves humanity’s needs responsibly,” said Jabangwe.
By Catherine Pule
Kalemba, December 13, 2024
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