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By: Bitrus Kozah

The second African Natural Resource and Energy Investment Summit (AFNIS) concluded in Abuja, Nigeria’s capital, with stakeholders committing to harnessing Africa’s vast natural resources for the advancement of the continent’s development.

This year’s summit focused on the effects of the energy transition on Africa’s natural and economic landscapes, highlighting the need for sustainable solutions.

Representing the Permanent Secretary of Solid Minerals Development and Ministry of Steel Development, Mr. Ime Erikpo, the Director of Investment Promotion and Mineral Trade in the Nigerian Ministry of Solid Minerals, underscored the importance of the summit in bringing together national governments and developmental partners to address the continent’s development challenges. He emphasized that the participants’ wealth of experience and expertise in the energy and mineral sectors positions them as key players in Africa’s development.

Several stakeholders at the summit emphasized Africa’s crucial role in the global transition to a sustainable future, given its abundance of key transition metals. Mr. Ahmed Salihijo, the Managing Director of the Nigeria Rural Electrification Agency, emphasized the need for collaboration between governments and the private sector to harness Africa’s natural resources sustainably and drive the continent’s development.

Ms. Ruchi, the Programme Manager of Sustainable Energy for All, highlighted Nigeria’s immense potential to transform both the country and the African continent. She expressed optimism about the bright opportunities that lie ahead.

The summit was also a platform for stakeholders to share their experiences and discuss the way forward for Africa’s natural resource and energy sectors.

Overall, AFNIS2023 served as a testament to Africa’s determination to leverage its rich natural resources towards sustainable development. The commitment of stakeholders, the exchange of ideas, and the promise of collaboration highlighted the continent’s potential for growth and prosperity.