ThisDay· 1h ago· 1 min read
Folalumi Alaran in Abuja
Nigeria and the African Development Bank (AfDB) have renewed calls for African countries to take greater control of the continent’s vast mineral resources through local value addition, regional cooperation, strategic financing and ownership of mineral data to ensure that Africa derives greater economic benefits from its natural wealth.
The call was made at the Ministerial Forum on Critical Minerals, Value Chain and Beneficiation: Pathways for African Transformation, held under the auspices of the AfDB in Abidjan, Côte d’Ivoire, where Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, urged African mineral-producing nations to abandon isolated national approaches and embrace regional collaboration to unlock the full economic potential of the continent’s mineral resources.
Alake said Africa’s vast mineral endowment would generate significantly…
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