According to Mr Alake, this synergy will attract investments, build skills, and help diversify Nigeria’s economy for long-term growth and stability.
minister Dele Alake and South Africa’s mineral resources minister Gwede Mantashe.
Nigeria and South Africa have signed a Memorandum of Understanding (MoU) to boost mining cooperation, focusing on investment, knowledge exchange, and technology transfer.
The agreement was signed in Abuja by solid minerals development minister Dele Alake and South Africa’s mineral resources minister Gwede Mantashe.
A statement on Wednesday said the MoU was part of efforts to strengthen ties under the Nigeria–South Africa Bi-National Commission framework.
It noted the agreement sets out specific areas of collaboration alongside defined implementation timelines for joint activities and engagements in the mining sector.
“Both ministers pledged ongoing engagement to advance intra-African trade and implement practical steps outlined in the agreement,” it said.
The ministers 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 applying spectral remote sensing technologies for mineral exploration and mapping.
Other areas cover geoscientific data sharing via the Nigeria Geological Survey Agency, training in mineral processing, and value-addition initiatives.
The MoU also supports capacity building in elemental fingerprinting with LA-ICP-MS and joint exploration of agro and energy minerals within Nigeria.
Mr Alake restated that bilateral cooperation holds promise for industrialisation, employment generation, and sustainable economic development across the African continent.
“The agreement on geology, mining, and mineral processing will foster knowledge exchange, promote investment, and encourage regional integration,” Mr Alake stated.
He reiterated Nigeria’s focus on developing its mining sector, noting mutual benefits through mineral wealth and South Africa’s technological expertise.
According to Mr Alake, this synergy will attract investments, build skills, and help diversify Nigeria’s economy for long-term growth and stability.

SUBSCRIBE TO OUR NEWSLETTER NOW
Support MATAZ ARISING’ journalism of integrity and credibility.
Good journalism ensure the possibility of a good society, an accountable democracy, and a transparent government.
We ask you to consider making a modest support to this noble endeavour.
TEXT AD: To advertise here – Email ad@matazarising.com
LATEST POSTS
PDP IS RISING AGAIN IN DELTA
Basil Okoh MaTaZ ArIsInGDallas, Texas Ika South PDP in Agbor was the first to sound the alarm over the attempt to stop their party meeting at their redoubt in Mariere Street, Agbor, right after Governor Sheriff Oborevwori announced the defection of the entire state PDP into the APC and asked every PDP organ to close…
Investors from Brazil, Belarus, Saudi ‘entering’ Nigeria’s Agricultural Space – Bagudu
MaTaZ ArIsInGDallas, Texas The Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, has stated that the global economic community and multilateral financial institutions are placing increased confidence in Nigeria’s economy due to the bold reforms initiated by President Bola Ahmed Tinubu’s administration. Bagudu made the remarks in a statement signed by the Special…
Western Democracy Has Failed in Nigeria – Agbakoba Says, Suggests New System of Govt
MaTaZ ArIsInGDallas, Texas He made this known on Friday while fielding questions on Arise Television’s Morning Show programme. Former President of the Nigerian Bar Association, Dr Olisa Agbakoba, has expressed disappointment with Nigeria’s democracy. According to him, the Western democratic liberal model has failed in Nigeria. He made this known on Friday while fielding questions…