Nigeria and South Africa have signed a Memorandum of Understanding to improve mining cooperation, emphasising investment, knowledge exchange, and technology transfer. The agreement aims to strengthen bilateral ties and support capacity building in various mining areas. This collaboration could help diversify Nigeria’s economy and generate jobs.
Nigeria and South Africa have formalised a significant partnership by signing a Memorandum of Understanding (MoU) to enhance mining cooperation. This agreement, signed in Abuja, prioritises investment, knowledge exchange, and technology transfer. The collaboration aims to strengthen the relationship under the Nigeria-South Africa Bi-National Commission framework.
The signing of this MoU between Nigeria and South Africa is a pivotal step towards enhancing mining cooperation. By focusing on investment, training, and technology exchange, both nations aim to boost their mining sectors, promote economic diversification, and create employment opportunities. This partnership is expected to drive industrialisation in Nigeria and enable collaborative exploration of minerals.
Original Source: africa.com