FG, AFC ink $1.3bn mining investment deal.
The African Finance Corporation and the Federal Government, acting through the Solid Minerals Development Fund, have formalised a major investment agreement to jointly finance three strategic initiatives aimed at transforming Nigeria’s mining sector. The projects include a $1.3 billion alumina refinery, a nationwide geoscience mapping programme, and the establishment of a special investment vehicle to accelerate the development of key mineral assets across the country. The agreement, signed in Abuja […]