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FG To Partner African Countries For Development Of Mineral Resources

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The Federal Government has reiterated its commitment to partner with African countries for sustainable development of the continent.

Permanent Secretary, Federal Ministry of Mines and Steel Development, Dr. Mary Ogbe stated this during the briefing of the Diplomatic Community on the upcoming Africa Natural Resources and Energy Investment Summit AFNIS-2023, in Abuja.

She explained that the collaboration would showcase the vast mineral deposits thereby attracting investment to the region.

“This forum was initiated to strategize on how Africa can continue to receive investment from its vast mineral resource deposits while also protecting its environment” Dr. Ogbe stated.

The Permanent Secretary emphasized that the Summit will provide a global platform for Africa to encourage investment in its Power, Energy (Oil and Gas), and Mining sectors.

She said the AFNIS Summit will create an opportunity for governments on the African continent to share knowledge on how to harness the rich natural resources for wealth creation across the region.

“The summit, initiated by the Nigerian Government, will work with fellow African Nations to develop Africa’s natural resources through knowledge sharing, investment, and trade” she added.

Dr Ogbe urged African Countries and their Allies to participate in building on the successes recorded during the maiden edition of AFNIS held last year 2022.

In his remarks, the Permanent Secretary, Ministry of Foreign Affairs, Ambassador Adamu Ibrahim Lamuwa, posited that it was high time Africa gave adequate attention to developing its huge natural and energy resources for the benefit of the African continent, adding that a better Africa can be achieved with AFNIS.

On his part, Managing Director, Core-I-Mine and co-founder AFNIS, Dr. Abubakar Lawal stated that the theme of the summit – ”Towards a Just Transition” – is apt as it will explore strategies to address challenges linked to the shift from fossil fuels, with a focus on minimizing adverse impacts on economies rooted in these sectors”.

”AFNIS 2023 central objective is to strike a delicate balance that supports Africa’s mining and energy sector growth, harnessing fossil fuels for industrialization, while concurrently aligning with global climate change mitigation efforts”, he noted.

The three-day Summit will be attended by government officials from African countries, industry experts, academics, and business leaders; with an agenda to deliberate on the intricacies of achieving a just transition within the mining and energy domains amongst others.

Georgina Humphrey, Edited By Grace Namiji

Written by: Elizabeth David

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