Analysis
As US Shifts Focus to Trade in Africa
The United States has embarked on a significant shift in its policy towards Africa, moving from a traditional aid-based approach to a trade-focused strategy.
This change in approach was underscored by President Donald Trump’s recent meeting with leaders from five West African nations, including Gabon, Guinea-Bissau, Liberia, Mauritania, and Senegal.
Interestingly, the US has long been engaged in Africa through various forms of aid and assistance, but the new approach prioritizes trade and investment as a means of promoting economic growth and development on the continent.
According to Trump, “We’re shifting from aid to trade. In the long run, this will be far more effective and sustainable and beneficial than anything else that we could be doing together.”
The meeting between Trump and the West African leaders highlighted the potential for increased economic engagement between the US and Africa. The leaders showcased their countries’ natural resources, with Mauritanian President Mohamed Ould Ghazouani listing rare earths, manganese, uranium, and possibly lithium as resources available for investment.
The US is already a significant trading partner with Africa, with total goods trade between the US and Africa estimated at $71.6 billion in 2024.
US goods exports to Africa increased by 11.9% to $32.1 billion, while US goods imports from Africa rose by 1.9% to $39.5 billion ¹.
No doubt, Africa presents significant economic opportunities for the US, with many of the fastest-growing economies in the world located on the continent. The International Monetary Fund has highlighted sub-Saharan Africa’s rapid growth, making it an attractive region for investment.
The US policy shift towards trade and investment in Africa is driven by a desire to promote economic growth and development on the continent.
According to a senior State Department official, “Trade, not aid, a slogan we’ve seen thrown around for years, is now truly our policy for Africa.” This approach is expected to create new opportunities for US businesses and investors in Africa.
While the new policy presents opportunities for economic engagement, it also poses challenges. African countries face mounting economic challenges due to US tariffs introduced as part of trade measures.
The Common Market for Eastern and Southern Africa (COMESA) is considering a coordinated response to rising trade tensions with the US.
COMESA, Africa’s largest trade alliance, represents 19 member states and a population of about 390 million.
The bloc is preparing to push back against US tariff measures that have impacted several African countries. The goal is to unlock new markets and offset the impact of recently imposed US tariffs.
The US tariffs have drawn criticism from COMESA and other African trade blocs, which argue that they undermine the benefits African countries enjoyed under the African Growth and Opportunity Act (AGOA). AGOA has granted eligible African nations duty-free access to the US market for thousands of products.
African leaders have urged the US to review its tariffs on African exports, calling for a shift towards transformative partnerships and investment in Africa’s economic potential. According to African Development Bank Group President Dr. Akinwumi Adesina, “What is needed is more trade between Africa and the US, not less.”
The US-Africa trade relationship has been strengthening, with trade between the two regions steadily rising. The US Trade Representative and the African Continental Free Trade Area (AfCFTA) Secretariat signed a Memorandum of Understanding in December 2022 to promote equitable, sustainable, and inclusive trade.
The US is expected to invest $55 billion in Africa over the next three years, with a focus on sustainable energy, health systems, agribusiness, digital connectivity, infrastructure, and finance.
This investment is expected to create new opportunities for economic growth and development in Africa.
The US shift in focus to trade in Africa marks a new era of economic engagement between the two regions.
While challenges exist, the potential for increased economic cooperation and investment is significant. As African leaders and the US continue to navigate this new landscape, it is clear that trade and investment will play a critical role in shaping the future of US-Africa relations.
Analysis
Nigeria’s 2027 Elections and the Unfinished Business of Diaspora Voting, by Boniface Ihiasota
Nigeria’s 2027 Elections and the Unfinished Business of Diaspora Voting, by Boniface Ihiasota
As Nigeria approaches the 2027 general elections, millions of Nigerians living abroad face a familiar democratic dilemma: they remain emotionally, economically and socially connected to their homeland, yet their ability to influence its political leadership through the ballot remains restricted. From London to Washington, Toronto to Johannesburg, and Dubai to other global cities, Nigerians in the diaspora have compelling reasons to prepare for the elections, even as the country continues to grapple with the legal barriers to diaspora voting.
The 2027 elections, scheduled for January 16, according to the Independent National Electoral Commission, will determine the leadership responsible for steering Nigeria through critical economic, security and governance challenges. The decisions made in Abuja and state capitals will affect citizens regardless of whether they live in Nigeria or abroad. These include exchange-rate policies, taxation, education, healthcare, security, investment regulations and the protection of property rights. Nigerians abroad therefore have legitimate reasons to follow the electoral process closely and demand accountability from those seeking public office.
However, preparation must begin with an important distinction: political participation is not the same as having a legally recognised opportunity to cast a ballot from overseas. Nigeria’s electoral framework has historically not provided for out-of-country voting. Although diaspora voting has featured in national debates and legislative proposals, the legal and administrative obstacles have remained significant.
The consequences extend beyond symbolism. Nigeria’s diaspora contributes to the economy through remittances, investment, professional expertise and business networks. The World Bank’s Migration and Development Brief estimated that Nigeria received approximately $20.9bn in personal remittances in 2022. Such financial contributions demonstrate the continuing relationship between Nigerians abroad and households at home. Yet economic contribution does not automatically translate into electoral influence. The challenge is how to ensure that citizens who contribute to national development can participate meaningfully in decisions about the country’s future.
The National Assembly has previously considered constitutional changes intended to enable diaspora voting. In March 2022, however, the proposed constitutional amendment was rejected during the legislative review process. The Nigerians in Diaspora Commission has criticised the setback, arguing that Nigerians abroad should not remain excluded from the democratic process. Subsequent proposals have continued to raise questions about electronic voting, voter verification, cybersecurity, electoral transparency and the practical cost of organising overseas polls. These concerns deserve serious consideration, but they should lead to workable solutions rather than indefinite postponement.
For Nigerians abroad, preparation for 2027 must therefore go beyond waiting for permission to vote. They can monitor INEC announcements, follow legislative developments, examine candidates’ records and scrutinise policy proposals. They can participate in lawful political discussions, support credible civic education initiatives, challenge misinformation and encourage relatives at home to make informed electoral decisions. Diaspora professionals can also contribute expertise in technology, election administration, cybersecurity and public accountability without becoming instruments of partisan manipulation.
Political parties should equally recognise that Nigerians abroad are not merely sources of remittances or occasional audiences for campaign speeches. They are citizens with knowledge of different governance systems, public institutions and economic practices. Their experiences can enrich national debate, provided their contributions are grounded in Nigeria’s realities rather than assumptions that foreign models can be transferred without adaptation.
The question surrounding the 2027 elections is not simply whether Nigerians abroad care about their country. Their sustained economic and personal connections already demonstrate that commitment. The more difficult question is whether Nigeria’s democratic institutions will create a credible, transparent and legally sound framework that allows eligible citizens overseas to exercise their electoral rights.
Until such arrangements are enacted and implemented, Nigerians abroad must remain informed, organised and engaged while respecting the law governing the elections. Democracy should not be reduced to the act of casting a ballot; it also requires informed scrutiny, civic responsibility and sustained demands for accountability. But these activities cannot permanently substitute for the right to vote.
Analysis
Africa’s Resources Must Build Africa, by Alabidun Shuaib AbdulRahman
Africa’s Resources Must Build Africa, by Alabidun Shuaib AbdulRahman
Across Africa lie enormous deposits of oil, gas, uranium, gold, lithium, cobalt, copper, diamonds and other strategic minerals, yet many of the countries sitting on these resources continue to struggle with poverty, unemployment, weak industrialisation and the steady movement of their young people towards Europe, North America and other destinations in search of better opportunities.
For decades, much of Africa’s natural wealth has travelled outward as raw material, while the greater economic value created through processing, refining, manufacturing and technology has accumulated elsewhere. Africa has supplied the resources that feed global industries, but has too often remained at the lower end of the economic chain, buying back finished products at prices far removed from what it earned when those raw materials left its soil.
That contradiction is becoming increasingly difficult to ignore because of what is happening in Niger Republic. Since General Abdourahamane Tiani came to power following the July 26, 2023 coup, his government has increasingly pursued greater control over Niger’s natural resources. What initially appeared to be part of the broader political rupture between Niamey and its former colonial power, France, has gradually developed into a wider policy of resource nationalism.
On June 19, 2025, Niger’s Council of Ministers approved the nationalisation of Société des Mines de l’Aïr, SOMAÏR, the uranium company operating at Arlit in the Agadez region. SOMAÏR was established in 1968 and began uranium production in 1971. Before nationalisation, French nuclear company Orano held 63.4 per cent, while Niger’s state mining company, SOPAMIN, held 36.6 per cent.
Between 1971 and 2024, SOMAÏR produced 81,861 tonnes of uranium, of which 80,518 tonnes were commercialised. Figures presented by the Nigerien government showed that Orano had taken 86.3 per cent of the commercialised production, while SOPAMIN accounted for 9.2 per cent.
In August 2026, the government took another step. It awarded the In Azaoua large-scale uranium mining permit in Arlit to Teloua Safeguarding Uranium Mining Company, TSUMCO, the state company created to replace SOMAÏR and continue operations over the former SOMAÏR perimeter. At its August 21 meeting, the Council of Ministers also approved the reassignment of another uranium permit, Madaouela I, to the state-linked Madaouela Mining Company.
The government has adopted a similar approach in the petroleum sector. On June 12, 2026, Niger’s Petroleum Minister, Hamadou Tini, announced that the government was reviewing the hydrocarbons code and preparing a new production-sharing contract model. He said the reforms were intended to strengthen the state’s negotiating capacity and increase the economic benefits accruing to Niger. He also disclosed plans to review provisions relating to cost recovery by petroleum operators and stressed the importance of training Nigerien professionals capable of negotiating more effectively with international companies.
Niger has also established MAZOUMAWA National Gold Company as part of its attempt to strengthen national control over gold resources and the country’s gold value chain. In January 2026, its Director-General, Abdou Ousseini, said the company intended to contribute to gold exploitation while controlling the valorisation and value chains of gold in Niger. The company had two exploration permits in the Dan Issa area and had collected more than 6,000 samples for analysis.
There is, therefore, something much bigger than the Niger-France dispute at stake. It is the ownership of Africa’s economic future.
For generations, the structure has remained remarkably familiar. Africa digs, pumps, cuts and exports. Someone elsewhere processes, refines, manufactures, finances and markets. The finished product eventually returns to African consumers at a considerably higher price.
That arrangement is not entirely without benefits. Foreign companies bring capital, technology, technical expertise, international markets and, in some cases, infrastructure that many African countries would struggle to provide on their own. The problem begins when that relationship becomes permanent, when Africa remains trapped at the extraction end of the value chain while the greater economic benefits of its resources accumulate elsewhere.
The African Union has recognised this problem for years through initiatives such as the African Mining Vision and its commodities strategy. The objective is for Africa to move from being primarily a supplier of raw materials towards greater value addition, stronger local content, higher returns from commodities and meaningful participation in global value chains.
The African Development Bank estimates that Africa possesses about 30 per cent of the world’s mineral reserves and could capture more than 10 per cent of the projected $16tn revenues from key green minerals by 2030. Yet the same institution reported that Africa received about $190.7bn in financial inflows in 2022 while losing approximately $587bn through financial leakages.
The implication is clear: Africa does not necessarily need to chase away foreign investors. It needs to become a better negotiator, a more capable participant and, ultimately, a stronger owner of the industries built around its own resources.
Botswana offers an important illustration. Its diamond industry was not built by simply shutting foreign capital out. Debswana, the company at the centre of Botswana’s diamond production, is jointly owned by the Government of Botswana and De Beers, with each holding 50 per cent. The partnership has become a major contributor to Botswana’s GDP, foreign exchange earnings and government revenue and employs about 5,000 staff and 6,000 contractors.
Tanzania has pursued another route by giving the state a minimum 16 per cent non-dilutable free-carried interest in mining companies, alongside taxation, royalties and other government participation mechanisms. Its local-content framework also seeks to ensure that Tanzanian companies participate in supplying goods and services to the mining industry.
Ghana has moved in a different direction. Rather than nationalising its gold mines, it has sought to increase domestic participation through regulation. Its 2025 local-content framework required surface mining operations to be undertaken by wholly Ghanaian-owned contractors, while underground contract mining requires at least 50 per cent Ghanaian ownership.
Zimbabwe’s lithium policy provides perhaps an even clearer example of beneficiation as a development strategy. After banning exports of unprocessed lithium ore in 2022, Zimbabwe announced in June 2025 that it would prohibit the export of lithium concentrates from January 1, 2027. The objective is to encourage greater domestic processing. Zimbabwe is Africa’s leading lithium producer, while Chinese-owned companies have invested more than $1bn in the country’s lithium sector since 2021.
If lithium is increasingly important to batteries and energy storage, Zimbabwe wants more of the economic activity generated by that demand to take place within Zimbabwe rather than elsewhere. That is precisely the direction Africa needs to consider.
The International Energy Agency reported in October 2025 that Africa captures less than one per cent of the value generated from manufacturing clean-energy technologies and their components, despite supplying around 75 per cent of global manganese, 70 per cent of cobalt and nearly 20 per cent of copper. The IEA estimates that moving into beneficiation, processing and manufacturing could raise the market value of minerals produced in Africa to about $120bn by 2040.
This is why the African Union’s Africa Green Minerals Strategy, adopted in March 2025, is significant. The strategy calls for Africa to move beyond raw mineral exports towards value addition at source, regional industrialisation, local beneficiation, job creation and economic diversification. The AU’s African Forum on Mining subsequently called for stronger continental bargaining power and high-level African critical-minerals diplomacy to ensure that mineral agreements prioritise local value addition rather than simply facilitate the export of raw materials.
Niger, therefore, should not be judged simply by whether its nationalisation policy succeeds or fails. Its experiment should be watched for what it reveals about both the possibilities and dangers of greater resource control.
National ownership does not automatically produce efficient management. A government can own a mine and still mismanage it. It can control petroleum and still import refined products. It can take over gold operations while communities around the mines remain poor. It can remove foreign companies and replace foreign inefficiency with domestic corruption.
Niger itself has already encountered some of these complications. Orano has pursued arbitration over the nationalisation of its interest in SOMAÏR. In September 2025, Reuters reported that about 1,500 tonnes of uranium, valued at roughly $270m, remained stockpiled at the former SOMAÏR mine. Orano had begun arbitration proceedings and warned against the material being transferred or sold without authorisation.
A country seeking greater control over its resources needs competent geologists, engineers, lawyers, accountants, negotiators, regulators and financial institutions. It needs reliable electricity, roads, railways and ports. It needs research institutions capable of developing technology. It needs transparent contracts and systems through which citizens can know what governments receive from their natural resources and how those revenues are spent.
Without these foundations, nationalisation can become an expensive political gesture. But Africa should not allow the imperfections of resource nationalism to become an excuse for maintaining a system in which the continent remains primarily an exporter of raw materials.
Nigeria illustrates the urgency. The country has oil, gas, gold, lithium, iron ore, coal and other minerals, but its economic history has repeatedly demonstrated the danger of exporting natural resources without developing sufficient downstream capacity.
The Tinubu administration has increasingly emphasised local processing and value addition in critical minerals. In July 2026, President Bola Tinubu commissioned a $250m lithium mining and processing plant in Nasarawa State with a capacity of 6,000 tonnes of lithium processing per day. It was described as Africa’s largest lithium processing facility.
Nigeria should not stop at processing lithium. It should be thinking about the battery industry, electric vehicles, energy-storage systems, industrial chemicals, research and the skilled workforce required to support those industries.
The same thinking should apply across Africa. A Congolese citizen living beside cobalt deposits should have access to opportunities created by cobalt. A Zambian living around copper mines should benefit from industries built around copper. A Ghanaian should see gold not merely as something extracted and exported, but as an opportunity for refining, jewellery, financial services and manufacturing. A Nigerien should be able to look at uranium and see engineering, science, technology and industrial opportunities. And a Nigerian should be able to look at oil and gas without accepting that the country’s natural destiny is simply to export crude and import refined products.
If Africa can retain more value from its resources, that value can help finance universities, technical schools, electricity, transport infrastructure, healthcare, manufacturing and technology. Those investments can create productive employment. Productive employment can reduce the economic pressure pushing young Africans towards foreign shores.
The real lesson from Niger, therefore, is not that every African government should wake up tomorrow and nationalise every foreign-owned mine, oilfield or industrial operation. That would be a simplistic reading of what is happening. The lesson is that the old bargain deserves serious reconsideration.
Africa should welcome investors, but it should negotiate better. It should welcome technology, but build its own capacity. It should welcome international capital, but ensure that African capital also grows. It should permit extraction, but demand value addition. It should collect royalties and taxes, but also build industries around the resources generating them.
Analysis
Will Africa Follow Niger Republic? By Alabidun Shuaib AbdulRahman
Will Africa Follow Niger Republic? By Alabidun Shuaib AbdulRahman
Africa’s greatest economic contradiction is buried beneath its own soil. Across the continent lie enormous deposits of oil, gas, uranium, gold, lithium, cobalt, copper, diamonds and other strategic minerals, yet many of the countries sitting on these resources continue to struggle with poverty, unemployment, weak industrialisation and the steady movement of their young people towards Europe, North America and other destinations in search of better opportunities.
For decades, much of Africa’s natural wealth has travelled outward as raw material, while the greater economic value created through processing, refining, manufacturing and technology has accumulated elsewhere. Africa has supplied the resources that feed global industries, but has too often remained at the lower end of the economic chain, buying back finished products at prices far removed from what it earned when those raw materials left its soil.
That contradiction is becoming increasingly difficult to ignore because of what is happening in Niger Republic. Since General Abdourahamane Tiani came to power following the July 26, 2023 coup, his government has increasingly pursued greater control over Niger’s natural resources. What initially appeared to be part of the broader political rupture between Niamey and its former colonial power, France, has gradually developed into a wider policy of resource nationalism.
On June 19, 2025, Niger’s Council of Ministers approved the nationalisation of Société des Mines de l’Aïr, SOMAÏR, the uranium company operating at Arlit in the Agadez region. SOMAÏR was established in 1968 and began uranium production in 1971. Before nationalisation, French nuclear company Orano held 63.4 per cent, while Niger’s state mining company, SOPAMIN, held 36.6 per cent.
Between 1971 and 2024, SOMAÏR produced 81,861 tonnes of uranium, of which 80,518 tonnes were commercialised. Figures presented by the Nigerien government showed that Orano had taken 86.3 per cent of the commercialised production, while SOPAMIN accounted for 9.2 per cent.
In August 2026, the government took another step. It awarded the In Azaoua large-scale uranium mining permit in Arlit to Teloua Safeguarding Uranium Mining Company, TSUMCO, the state company created to replace SOMAÏR and continue operations over the former SOMAÏR perimeter. At its August 21 meeting, the Council of Ministers also approved the reassignment of another uranium permit, Madaouela I, to the state-linked Madaouela Mining Company.
The government has adopted a similar approach in the petroleum sector. On June 12, 2026, Niger’s Petroleum Minister, Hamadou Tini, announced that the government was reviewing the hydrocarbons code and preparing a new production-sharing contract model. He said the reforms were intended to strengthen the state’s negotiating capacity and increase the economic benefits accruing to Niger. He also disclosed plans to review provisions relating to cost recovery by petroleum operators and stressed the importance of training Nigerien professionals capable of negotiating more effectively with international companies.
Niger has also established MAZOUMAWA National Gold Company as part of its attempt to strengthen national control over gold resources and the country’s gold value chain. In January 2026, its Director-General, Abdou Ousseini, said the company intended to contribute to gold exploitation while controlling the valorisation and value chains of gold in Niger. The company had two exploration permits in the Dan Issa area and had collected more than 6,000 samples for analysis.
There is, therefore, something much bigger than the Niger-France dispute at stake. It is the ownership of Africa’s economic future.
For generations, the structure has remained remarkably familiar. Africa digs, pumps, cuts and exports. Someone elsewhere processes, refines, manufactures, finances and markets. The finished product eventually returns to African consumers at a considerably higher price.
That arrangement is not entirely without benefits. Foreign companies bring capital, technology, technical expertise, international markets and, in some cases, infrastructure that many African countries would struggle to provide on their own. The problem begins when that relationship becomes permanent, when Africa remains trapped at the extraction end of the value chain while the greater economic benefits of its resources accumulate elsewhere.
The African Union has recognised this problem for years through initiatives such as the African Mining Vision and its commodities strategy. The objective is for Africa to move from being primarily a supplier of raw materials towards greater value addition, stronger local content, higher returns from commodities and meaningful participation in global value chains.
The African Development Bank estimates that Africa possesses about 30 per cent of the world’s mineral reserves and could capture more than 10 per cent of the projected $16tn revenues from key green minerals by 2030. Yet the same institution reported that Africa received about $190.7bn in financial inflows in 2022 while losing approximately $587bn through financial leakages.
The implication is clear: Africa does not necessarily need to chase away foreign investors. It needs to become a better negotiator, a more capable participant and, ultimately, a stronger owner of the industries built around its own resources.
Botswana offers an important illustration. Its diamond industry was not built by simply shutting foreign capital out. Debswana, the company at the centre of Botswana’s diamond production, is jointly owned by the Government of Botswana and De Beers, with each holding 50 per cent. The partnership has become a major contributor to Botswana’s GDP, foreign exchange earnings and government revenue and employs about 5,000 staff and 6,000 contractors.
Tanzania has pursued another route by giving the state a minimum 16 per cent non-dilutable free-carried interest in mining companies, alongside taxation, royalties and other government participation mechanisms. Its local-content framework also seeks to ensure that Tanzanian companies participate in supplying goods and services to the mining industry.
Ghana has moved in a different direction. Rather than nationalising its gold mines, it has sought to increase domestic participation through regulation. Its 2025 local-content framework required surface mining operations to be undertaken by wholly Ghanaian-owned contractors, while underground contract mining requires at least 50 per cent Ghanaian ownership.
Zimbabwe’s lithium policy provides perhaps an even clearer example of beneficiation as a development strategy. After banning exports of unprocessed lithium ore in 2022, Zimbabwe announced in June 2025 that it would prohibit the export of lithium concentrates from January 1, 2027. The objective is to encourage greater domestic processing. Zimbabwe is Africa’s leading lithium producer, while Chinese-owned companies have invested more than $1bn in the country’s lithium sector since 2021.
If lithium is increasingly important to batteries and energy storage, Zimbabwe wants more of the economic activity generated by that demand to take place within Zimbabwe rather than elsewhere. That is precisely the direction Africa needs to consider.
The International Energy Agency reported in October 2025 that Africa captures less than one per cent of the value generated from manufacturing clean-energy technologies and their components, despite supplying around 75 per cent of global manganese, 70 per cent of cobalt and nearly 20 per cent of copper. The IEA estimates that moving into beneficiation, processing and manufacturing could raise the market value of minerals produced in Africa to about $120bn by 2040.
This is why the African Union’s Africa Green Minerals Strategy, adopted in March 2025, is significant. The strategy calls for Africa to move beyond raw mineral exports towards value addition at source, regional industrialisation, local beneficiation, job creation and economic diversification. The AU’s African Forum on Mining subsequently called for stronger continental bargaining power and high-level African critical-minerals diplomacy to ensure that mineral agreements prioritise local value addition rather than simply facilitate the export of raw materials.
Niger, therefore, should not be judged simply by whether its nationalisation policy succeeds or fails. Its experiment should be watched for what it reveals about both the possibilities and dangers of greater resource control.
National ownership does not automatically produce efficient management. A government can own a mine and still mismanage it. It can control petroleum and still import refined products. It can take over gold operations while communities around the mines remain poor. It can remove foreign companies and replace foreign inefficiency with domestic corruption.
Niger itself has already encountered some of these complications. Orano has pursued arbitration over the nationalisation of its interest in SOMAÏR. In September 2025, Reuters reported that about 1,500 tonnes of uranium, valued at roughly $270m, remained stockpiled at the former SOMAÏR mine. Orano had begun arbitration proceedings and warned against the material being transferred or sold without authorisation.
A country seeking greater control over its resources needs competent geologists, engineers, lawyers, accountants, negotiators, regulators and financial institutions. It needs reliable electricity, roads, railways and ports. It needs research institutions capable of developing technology. It needs transparent contracts and systems through which citizens can know what governments receive from their natural resources and how those revenues are spent.
Without these foundations, nationalisation can become an expensive political gesture. But Africa should not allow the imperfections of resource nationalism to become an excuse for maintaining a system in which the continent remains primarily an exporter of raw materials.
Nigeria illustrates the urgency. The country has oil, gas, gold, lithium, iron ore, coal and other minerals, but its economic history has repeatedly demonstrated the danger of exporting natural resources without developing sufficient downstream capacity.
The Tinubu administration has increasingly emphasised local processing and value addition in critical minerals. In July 2026, President Bola Tinubu commissioned a $250m lithium mining and processing plant in Nasarawa State with a capacity of 6,000 tonnes of lithium processing per day. It was described as Africa’s largest lithium processing facility.
Nigeria should not stop at processing lithium. It should be thinking about the battery industry, electric vehicles, energy-storage systems, industrial chemicals, research and the skilled workforce required to support those industries.
The same thinking should apply across Africa. A Congolese citizen living beside cobalt deposits should have access to opportunities created by cobalt. A Zambian living around copper mines should benefit from industries built around copper. A Ghanaian should see gold not merely as something extracted and exported, but as an opportunity for refining, jewellery, financial services and manufacturing. A Nigerien should be able to look at uranium and see engineering, science, technology and industrial opportunities. And a Nigerian should be able to look at oil and gas without accepting that the country’s natural destiny is simply to export crude and import refined products.
If Africa can retain more value from its resources, that value can help finance universities, technical schools, electricity, transport infrastructure, healthcare, manufacturing and technology. Those investments can create productive employment. Productive employment can reduce the economic pressure pushing young Africans towards foreign shores.
The real lesson from Niger, therefore, is not that every African government should wake up tomorrow and nationalise every foreign-owned mine, oilfield or industrial operation. That would be a simplistic reading of what is happening. The lesson is that the old bargain deserves serious reconsideration.
Africa should welcome investors, but it should negotiate better. It should welcome technology, but build its own capacity. It should welcome international capital, but ensure that African capital also grows. It should permit extraction, but demand value addition. It should collect royalties and taxes, but also build industries around the resources generating them.
Alabidun is a media practitioner and can be reached via alabidungoldenson@gmail.com
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