Nigeria and South Africa have penned a Memorandum of Understanding (MoU) that will foster a lucrative collaboration in the mining sector.
The partnership, which was recently sealed in Abuja by Nigeria’s Minister of Solid Minerals Development, Dele Alake, and South Africa’s Minister of Mineral Resources and Energy, Gwede Mantashe, will guarantee lots of investment, idea exchanges, and technology transfer between both nations.
Dele Alake revealed that Nigeria and SA are set to work together on several mining initiatives, including geological mapping via drones, exchange of mineral data, and joint exploration of agro and energy minerals within Nigeria. He maintained that such bilateral cooperation will go a long way in boosting industrialisation, job creation, and adequate economic growth across Africa.