S’Africa Eyes Nigeria’s Lithium For Electric Vehicle Revolution…. He disclosed this on Tuesday in Cape Town, South Africa, at the Nigeria -South Africa Business Roundtable. Ramaphosa proposed leveraging Nigeria’s vast lithium reserves as a cornerstone for industrialisation efforts in the EV sector. “South Africa has developed a Just Transition Framework and an Investment Plan that anticipates massive investments in renewable energy and the green economy over the next few years. South Africa and the African Union are the continent’s only representatives in the G20.