Nigeria To Attract Foreign Investors With Solid Minerals Roadshow In South Africa

As part of efforts to boost Nigeria’s solid minerals sector, the High Commission of the Federal Republic of Nigeria, South Africa, in collaboration with Rosebank Capital, will host the International Investment Forum & Roadshow from November 6th to 9th, 2024 at the NH Hotels Johannesburg Sandton (Formerly Hilton Hotel), South Africa, in Johannesburg. The forum will bring together international investors, policymakers, and industry leaders to explore opportunities for growth and development within Nigeria’s vast solid minerals sector.
The event will focus on promoting Nigeria’s rich deposits of solid minerals, such as gold, tin, limestone, and coal, which have remained largely untapped. It aims to attract foreign direct investment (FDI) and foster partnerships that could support the Nigerian government’s push to diversify the economy beyond oil. By presenting Nigeria as an attractive destination for mining investments, the forum will highlight key areas where foreign capital and expertise can be leveraged to revitalize the sector.

The roadshow will facilitate critical discussions on the role of Nigeria’s solid minerals sector in contributing to the shift as global economy is transitioning toward more sustainable industries. Experts will delve into how modern technologies can enhance productivity while adhering to global best practices in environmental sustainability.

Additionally, the forum will spotlight government incentives and regulatory reforms aimed at making the sector more competitive on a global scale.
Participants will include government officials, leaders from the Federal Ministry of Mines and Steel Development, and representatives from various private sector players. They will engage with international investors and discuss ways to develop value chains that could propel the industry forward.

The forum is part of a broader national agenda to accelerate economic diversification. Nigeria’s government has identified the solid minerals sector as a critical avenue for growth, with the potential to contribute significantly to the country’s GDP. With the right investments, experts believe the sector could create thousands of jobs, provide essential materials for other industries, and reduce Nigeria’s reliance on oil revenue.

The roadshow in South Africa is expected to strengthen ties between Nigeria and foreign investors, setting the stage for new ventures and collaborations. By focusing on investment in solid minerals, Nigeria aims to unlock the full potential of its natural resources and secure its place in the global mining market.
Registration for the event is open until 31st October 2024. Interested participants can visit www.ifrsmn.com(http://www.ifrsmn.com) for more information.