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Nigeria, AFDB Back African Mineral Local Value Addition

Alake urged African ministers to adopt a home-grown reporting code and regional processing hubs as the continent seeks more value from its minerals.

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 Transformatio…

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P.M. News Nigeria broke the news in Lagos, Nigeria on Sunday, July 26, 2026.
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