"Afreximbank has demonstrated its relevance, evidenced by the tremendous growth in its interventions on the continent and balance sheet in recent years."
SENIOR DIRECTOR, NATURAL RESOURCES, AFRICA FINANCE CORPORATION (AFC)
"AFC will continue to provide institutional support to Indigenous companies looking to develop the core assets that have been left behind by the majors."
MINISTER OF STATE FOR PETROLEUM RESOURCES (OIL), GOVERNMENT OF NIGERIA
"We want to tell the world that Nigeria is offering the best fiscal and regulatory terms and is willing to resolve all issues that may arise in the course of doing business."
"We hope to find partners that will be able to leverage their financial firepower with our technical expertise to acquire bigger assets and grow our presence in the market."
PARTNER AND ENERGY & CHEMICALS LEADER, DELOITTE NIGERIA
"The energy transition can only be funded by big oil, as they are the only players who can balance the low returns of renewables projects with their high earning fossil fuel projects."
MACIG 2025 - Mining in Africa Country Investment Guide
It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.