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Nigeria, AFDB Back African Mineral Local Value Addition

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Channels TV· 1h ago· 1 min read

Nigeria and the African Development Bank (AfDB) have called for stronger African control over the continent’s vast mineral resources, advocating data sovereignty, regional collaboration and strategic financing as essential to ensuring that mineral-rich countries in Africa derive greater economic value from their natural assets.

Addressing the Ministerial Forum on Critical Minerals, Value Chain and Beneficiation: Pathways for African Transformation, held under the auspices of the African Development Bank (AfDB) in Abidjan, Côte d’Ivoire, Solid Minerals Development Minister, Dele Alake, urged fellow ministers from Africa’s mineral-producing countries to adopt a strategic approach to interdependence and regional cooperation.

The forum brought together more than 20 ministers responsible for mining, energy, industry, natural resources and the green economy, as well…

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