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Nigeria critical minerals drive

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2026-08-23 21:47 UTC → 2026-08-25 08:13 UTC · added ~~removed~~

In late July 2026, Nigeria’s Minister of Solid Minerals Development, Dele Alake, joined the African Development Bank’s Ministerial Forum in Abidjan. The meeting produced the Abidjan Declaration, urging African nations to assert greater ownership of their critical-minerals resources through data sovereignty, regional cooperation and financing for beneficiation. Alake promoted the Pan-African Resource Reporting Code and a West-African processing corridor linking Lagos to Dakar, while the United States International Development Finance Corporation signaled an expanded interest in West African mining. A week later, Alake led a delegation to the White House, where senior U.S. officials discussed a bilateral partnership to deepen U.S. investment across Nigeria’s critical-minerals value chain. The talks, framed within President Bola Tinubu’s Renewed Hope Agenda, focused on expanding exploration, mining, processing and local value addition to build secure, resilient supply chains for the global energy transition. Both events illustrate Nigeria’s shift from a regional call for African-led mineral development to concrete engagement with the United States to attract financing and technical support for its critical-minerals sector. Building on this momentum, the Africa Minerals Strategy Group (AMSG) announced it will host its Third High-Level Roundtable on Critical Minerals Development in Africa on September 21, 2026, in New York. Held on the sidelines of the 81st United Nations General Assembly, the summit will be chaired by President Tinubu. The roundtable, themed ‘From Resources to Wealth: Continental Cooperation for Mineral Value Addition’, aims to promote local processing and integrated value chains for strategic resources like lithium, copper, and cobalt. The summit intends to unveil the Continental Integration and Economic Assurance Declaration (CIEAD) and introduce the CIEAD Finance Window to mobilize funding for mineral processing infrastructure and technology.

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