Nigeria and South Africa have signed a Memorandum of Understanding (MoU) to boost mining cooperation, focusing on investment, knowledge exchange, and technology transfer between both nations.
The agreement was signed in Abuja by Nigeria’s Minister of Solid Minerals Development, Dele Alake, and South Africa’s Minister of Mineral and Petroleum Resources, Gwede Mantashe.
The agreement on geology, mining, and mineral processing will foster knowledge exchange, promote investment, and encourage regional integration, and is part of efforts to strengthen ties under the Nigeria-South Africa Bi-National Commission framework.
Both ministers pledged ongoing engagement to advance intra-African trade and implement practical steps outlined in the agreement.
They also expressed optimism that the renewed partnership would significantly strengthen the mining industries of both countries through shared expertise and innovation.
Key highlights include capacity building in geological methods using UAVs, and application of spectral remote sensing technologies for mineral exploration and mapping.
Minister Dele Alake reiterated Nigeria’s focus on developing its mining sector, noting mutual benefits through mineral wealth and South Africa’s technological expertise.