Nigeria and South Africa have forged stronger economic ties through a new Memorandum of Understanding (MoU) focusing on mining development. This agreement, resulting from the Nigeria–South Africa Bi-National Commission led by Presidents Bola Ahmed Tinubu and Cyril Ramaphosa, aims to enhance collaboration on solid minerals exploration, technology sharing, and industrial progress.

During a bilateral meeting in Abuja, Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, and South Africa’s Minister of Mineral Resources and Energy, H.E. Gwede Mantashe, formalized the agreement. Dr. Alake referred to the signing as a pivotal moment for both nations, set to unlock Africa’s mineral potential and foster regional integration.

Alake stated, “The Memorandum of Understanding in geology, mining, and mineral processing signed today… will serve as a cornerstone for facilitating knowledge and technology transfer.” He stressed the importance of deeper mining cooperation, which could lead to industrialization, job creation, and sustainable development.

Mantashe praised Nigeria’s commitment to mining, expressing South Africa’s intent to collaborate closely. He noted, “This partnership allows us to share knowledge and pursue practical, mutually beneficial projects.” The MoU encompasses areas such as geological mapping, training in mineral processing, and geoscientific data exchange through the Nigeria Geological Survey Agency.

Both ministers believe this agreement will enhance their nations’ mining sectors, boost intra-African trade, and support economic integration. They pledged to ensure the implementation of the MoU is effective and timely, furthering the shared ambitions of both countries.

The MoU between Nigeria and South Africa marks a significant advancement in their mining collaboration, promising mutual benefits through knowledge sharing and resource management. This initiative aims to strengthen economic ties, enhance the mining sector, and promote sustainable development across the continent. Both nations are committed to its successful implementation, reflecting their strategic partnership for industrial growth.

Original Source: thesun.ng

The post Nigeria and South Africa Strengthen Economic Ties with Mining Agreement first appeared on Nigerian Mining News.

The Nigerian and South African governments held a high-level meeting on April 16, 2025, to enhance cooperation in the mining sector. This event was part of the Nigeria–South Africa Technical Working Visit focusing on geology, mining, and mineral processing, hosted at Nigeria’s Ministry of Solid Minerals Development in Abuja. Key officials included Nigeria’s Minister of Solid Minerals, Dr. Dele Alake, and South Africa’s Minister of Mineral Resources, Gwede Mantashe.

In his address, Alake noted the strong historical ties between the two countries and their roles as Africa’s largest economies. He highlighted the need for strategic partnerships in mining to boost industrial transformation on the continent. He asserted that collaboration can help bridge technology and infrastructure gaps in Africa’s mineral resource management.

Alake revealed plans for a memorandum of understanding (MoU) aimed at enhancing cooperation in geology and mineral processing. This agreement is set to promote technology transfer, investment, capacity building, and value addition to minerals prior to export. He pointed out Nigeria’s wealth in critical minerals and the benefits of South Africa’s experienced mining sector.

Minister Gwede Mantashe acknowledged Nigeria’s mineral potential, citing over 40 different minerals across the nation. Although only coal and iron ore attract investment, Mantashe urged leveraging South Africa’s advanced mining capabilities for Nigeria’s benefit. He identified three major issues hindering Nigeria’s mining development: limited government participation, an overreliance on oil and gas, and inadequate power supply.

Mantashe proposed collaboration between South African and Nigerian agencies to foster skills development and invest in mineral processing. He suggested joint ventures could enhance resource assessments and promote sustainable mining practices. Furthermore, he recommended exchanges between regulatory bodies to improve governance and environmental practices.

The meeting concluded with strong commitments from both nations to develop the mining sectors, create local industries, and generate job opportunities. Minister of Steel Development, Prince Shuaibu Audu, reinforced the importance of building enduring partnerships through joint ventures and capacity building. The gathering is seen as a step towards a strategic alliance that benefits both Nigeria and South Africa while unlocking mineral wealth on the continent.

The meeting between Nigeria and South Africa marks a significant step toward collaboration in the mining sector. Both nations are committed to enhancing cooperation through a planned memorandum of understanding, focusing on investment, technology transfer, and capacity building. By combining resources and expertise, they aim to transform Africa’s mineral wealth into economic growth and sustainable development, benefiting both countries and the continent as a whole.

Original Source: sciencenigeria.com

The post Nigeria and South Africa Enhance Mining Cooperation to Unlock Shared Potential first appeared on Nigerian Mining News.

Nigeria and South Africa have signed a Memorandum of Understanding (MoU) aimed at enhancing mining cooperation. The agreement, signed by Nigeria’s Solid Minerals Development Minister, Mr Dele Alake, and South Africa’s Mineral Resources Minister, Mr Gwede Mantashe, focuses on investment, knowledge exchange, and technology transfer. This collaboration arises from efforts to strengthen ties under the Nigeria–South Africa Bi-National Commission framework.

The MoU details specific collaboration areas with set timelines for joint activities within the mining sector. Both ministers vowed to enhance intra-African trade and take actionable steps as outlined in the agreement. They expressed optimism that this partnership would substantially benefit both countries’ mining industries through shared expertise and innovation.

Key initiatives include capacity building in geological methods using UAVs, spectral remote sensing technologies for mineral exploration, and joint training in mineral processing. The MoU also advocates for effective geoscientific data sharing and exploration of agro and energy minerals within Nigeria, aiming to advance regional integration.

Mr Alake highlighted the potential for industrialisation, job creation, and sustainable development in Africa through this bilateral cooperation. He reiterated that Nigeria intends to develop its mining sector, leveraging South Africa’s technological expertise to attract investments and diversify its economy for long-term growth.

Mr Mantashe praised the agreement and its significance for South Africa, emphasizing the importance of strengthened cooperation between the two nations.

The signing of the MoU between Nigeria and South Africa marks a significant step towards enhancing mining sector cooperation. By focusing on investment, technology transfer, and knowledge exchange, both countries aim to improve their mining industries. This partnership highlights the potential for increased intra-African trade and economic development, paving the way for mutual benefits through collaboration.

Original Source: businesspost.ng

The post Nigeria and South Africa Forge Mining Cooperation Agreement first appeared on Nigerian Mining News.

Nigeria and South Africa have formalised a Memorandum of Understanding (MoU) to enhance cooperation in the mining sector. This agreement emphasizes investment, knowledge sharing, and technology transfer. Key initiatives include geological mapping, mineral data sharing, and joint exploration of minerals within Nigeria.

Officials from both countries signed the MoU in Abuja, with Nigeria’s Minister of Solid Minerals Development, Dele Alake, highlighting the potential for industrialisation and sustainable economic growth through collaboration. South Africa’s vast mining experience positions them as a valuable partner for Nigeria.

Nigeria is rich in over 23 mineral resources, such as gold and lithium, yet its mining sector contributes less than 1% of its GDP, primarily due to reliance on oil. In contrast, South Africa has a robust mining industry, significantly boosting its GDP. South Africa is renowned for its extensive mineral reserves and established mining infrastructure, making it crucial for Nigeria’s plans to develop its mining sector.

The MoU between Nigeria and South Africa marks a significant step towards developing Nigeria’s mining industry through strategic collaboration. With a focus on investment and technology transfer, this partnership aims to unlock Nigeria’s mineral wealth while fostering sustainable economic growth. Both nations stand to benefit from shared knowledge and expertise, potentially transforming Nigeria’s economy beyond its current oil dependency.

Original Source: africa.businessinsider.com

The post Nigeria and South Africa Sign Pact to Enhance Mining Cooperation first appeared on Nigerian Mining News.

Nigeria and South Africa have entered into a Memorandum of Understanding (MoU) aimed at enhancing cooperation in the mining sector. This agreement, signed in Abuja by Dele Alake, Nigeria’s solid minerals development minister, and Gwede Mantashe, South Africa’s mineral resources minister, is part of the Nigeria-South Africa Bi-National Commission initiative.

The MoU outlines specific areas for collaboration, including investment, knowledge sharing, and technology transfer, alongside a timetable for joint initiatives in mining. Both ministers committed to fostering intra-African trade and implementing the practical measures outlined in the agreement to strengthen the mining industries of both nations.

Key aspects of the MoU include:
– Capacity building in geological methods using UAVs.
– Implementation of spectral remote sensing technologies for mineral exploration and mapping.
– Geoscientific data sharing via the Nigeria Geological Survey Agency.
– Training in mineral processing and value addition.
– Capacity building in elemental fingerprinting with LA-ICP-MS.
– Joint exploration of agro and energy minerals in Nigeria.

Minister Alake highlighted the potential for bilateral cooperation to drive industrialisation and economic development across Africa. He stated, “The agreement on geology, mining, and mineral processing will foster knowledge exchange, promote investment, and encourage regional integration.” He expressed Nigeria’s aim to leverage South Africa’s technological expertise to enhance its own mining sector, attract investments, and create economic stability.

The Nigeria-South Africa mining cooperation agreement marks a significant step towards enhancing bilateral collaboration in the mining sector. This partnership is aimed at building capacity, fostering technology transfer, and ultimately driving economic growth and stability in both countries. With specific areas of focus outlined in the MoU, there is optimism for a mutually beneficial relationship that could serve as a blueprint for other African nations seeking to strengthen intra-continental ties.

Original Source: gazettengr.com

The post Nigeria and South Africa Forge Mining Cooperation Agreement first appeared on Nigerian Mining News.

Nigeria and South Africa are enhancing their bilateral relations with a new Memorandum of Understanding (MoU) signed by their Ministers of Solid Minerals Development. The MoU aims to promote collaboration in the mining sector, reflecting recent efforts to solidify ties through the Nigeria-South Africa Bi-National Commission inaugurated by Presidents Bola Ahmed Tinubu and Cyril Ramaphosa.

The MoU was established during a bilateral meeting in Abuja between Nigeria’s Dele Alake and South Africa’s Gwede Mantashe. Alake highlighted the historical cooperation based on mutual respect and a shared vision for Africa’s development, emphasizing the mining sector’s potential to drive industrialisation and job creation.

He pointed out that the MoU will facilitate technology transfer, investment promotion, and value addition. Nigeria’s focus on developing its mining industry can benefit from South Africa’s expertise in the field, fostering investment, skill development, and economic diversification.

Mantashe acknowledged that South Africa could profit from Nigeria’s heightened interest in mining, aiming to refine agreements from their Bi-National Commission to enhance joint projects. Both ministers pledged to maintain engagement and collaborate to advance intra-African trade, confident that their partnership will significantly benefit their respective mining sectors.

Key highlights of the MoU include:
1. Capacity building in geological applications with UAVs.
2. Use of Multi- and Hyper-spectral Remote Sensing Technologies.
3. Sharing geoscientific data on strategic minerals via the Nigeria Geological Survey Agency.
4. Training on mineral processing and value addition.
5. Capacity building on Elemental Fingerprint Technology using LA-ICP-MS.
6. Exploration of agricultural and energy minerals in Nigeria.

The signing of the MoU between Nigeria and South Africa marks a significant advancement in their mining sector collaboration. By focusing on capacity building, technology transfer, and exploration, both countries aim to unlock the vast potential of their mineral resources, benefiting their economies and enhancing trade within Africa.

Original Source: von.gov.ng

The post Nigeria and South Africa Strengthen Mining Collaboration Through MoU first appeared on Nigerian Mining News.