Nigeria Mandates In-Country Mineral Processing for New Mining Licenses

Economy, News, News & EventsLeave a comment

In a significant policy pivot aimed at bolstering domestic value addition and attracting investment, the Nigerian government has declared a new directive that mandates mining companies to commit to local processing of minerals to be eligible for mining licenses. This approach marks a departure from the nation’s traditional strategy of exporting unprocessed raw materials. According…

The US’s Strategic Pivot to Africa’s Mineral Wealth

Economy, NewsLeave a comment

In the shadow of the global geopolitical chessboard, the United States is strategically broadening its alliances, eyeing Africa’s rich mineral deposits as a counterbalance to China’s and Russia’s dominance in the critical minerals market. Deputy Treasury Secretary Wally Adeyemo’s recent remarks underscore America’s intent to diversify its supply chains away from these geopolitical rivals, signaling…