8 October 2026

Making the most of minerals

Research in the International Journal of Business Innovation and Research suggests that African economies need to move beyond fragmented development strategies. This might be done by uniting digital technology, start-up networks, resource processing, and cross-sector partnerships into a single societal innovation ecosystem, the researchers explain.

The team proposes a conceptual framework designed to tackle persistent structural hurdles, including youth unemployment, energy poverty, and educational deficits. Such a framework might work by extending traditional innovation theories beyond corporate profits by putting more emphasis on broad social progress and inclusive growth.

Historically, innovation frameworks have been tailored to advanced Western economies. These prioritise company-level profits over poverty reduction. In contrast, the new framework discussed in IJBIR brings together various concepts and approaches, including digital technologies, entrepreneurial networks, and public-private collaboration, to help in the development of the domestic processing of raw critical minerals into higher-value products such as batteries prior to export. The approach circumvents the problems that arise when isolated initiatives, such as localized technology hubs or raw extraction projects, fail to generate widespread prosperity despite the potential for profits.

Demand for Africa's minerals is on the rise, partly thanks to the ongoing green energy transition. This new framework offers a strategic blueprint for resource-rich developing nations. Rather than remaining exporters of raw materials, such countries can build high-value domestic supply chains, boost employment, and leapfrog outdated industrial models.

Boikanyo, D.H. (2026) ‘Innovation for societal transformation in Africa: a strategic framework for inclusive growth’, Int. J. Business Innovation and Research, Vol. 41, No. 5, pp.1–26.

News media may use this press release as source material, in whole or in part, provided the content is not materially misrepresented. A link back to the original article is appreciated.

No comments: