Nigeria woos South African mining sector investors

Nigeria's Minister of Solid Minerals Development, Dele Alake, recently highlighted ongoing reforms in the country's mining sector that are creating opportunities and improving the business climate, signaling to potential investors that the country is open for business. In a recent interview with Cyril Azobu, a Partner and Mining Leader at PwC, the discussion centered around Nigeria's efforts to attract investments, particularly from the South African mining sector investors. Azobu noted the increasing interest from investors in the Nigerian mining space, especially in critical minerals like lithium, and highlighted the significance of sustaining reform policies and creating an enabling environment for investments. The conversation delved into key challenges, such as addressing issues like smuggling and infrastructure deficits, and utilizing data effectively through initiatives like the electronic mining cadastral system for license processing.