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AEMBank Insists Africa Must Harness US$3trn Mineral Wealth To Industrialise

News Editor by News Editor
November 7, 2025
in News
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AEMBank Insists Africa Must Harness US$3trn Mineral Wealth To Industrialise

 

By SUNDAY ABAH, Abuja

The African Extractive Minerals Development Bank (AEMBank) has stressed the compelling need for Africa to harness its estimated US$3 trillion mineral reserves to advance sustainable continental industrialisation, development.

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The declaration was made as the bank successfully hosted its London Investor Roadshow, bringing together leading institutional investors, financiers, and policy stakeholders committed to advancing Africa’s mineral-based industrialisation.

A statement made available to the SUMMIT POST noted, “The event marks a significant milestone in AEMBank’s mission to act as a major catalyst for the development of the African continent’s extractive and solid-minerals sector.

“Of particular importance are the critical minerals which are key to the enabling of energy transition.”

According to the statement, AEMBank declared that the time for “pit-to-ports” mentality to reach a grinding halt had come.

“Africa must retain value for its estimated US$3trillion of mineral reserves and march firmly on the road to industrialisation,” AEMBank stressed.

Potential investors from Europe, the Middle East, and Africa were said to have expressed strong confidence in AEMBank’s responsible investment framework and governance model.

Discussions focused on linking Africa’s mineral wealth with sustainable, transparent capital, reinforcing international appetite for AEMBank’s mission-driven approach.

“AEMBank reflects a new era of strategic partnership between Africa and global capital — one that prioritises sustainability, value creation, and long-term economic transformation,” said Mr Frampton a Board member of the Bank during the event.

Delivering Tangible Solutions for Nigeria and Africa, AEMBank offers targeted financing and advisory instruments to accelerate mineral value chain development, industrial growth, and infrastructure expansion.

By focusing on mining, processing, logistics, and trade finance, the Bank enables African nations to capture greater value from their natural resources while supporting regional diversification and the global energy-transition agenda.

In a strategic partnership, partnership,
AEMBank’s institutional development is supported by the African Minerals Strategy Group (AMSG) which is an umbrella organisation for mineral rich African countries, with Nigeria being the current Chair.

Looking ahead, the bank expressed its determination to build on the success of the London engagement, continue investor and stakeholder dialogues to mobilise capital and forge partnerships that advance Africa’s extractive-sector transformation.

AEMBank is a pan-African multilateral financial institution established to finance and promote responsible investment across Africa’s extractive and mineral value chains. With operational anchors in Nigeria, AEMBank’s mission is to connect Africa’s mineral wealth with global capital and expertise
— driving sustainable industrialisation and prosperity.

Tags: AEMBank
News Editor

News Editor

SUMMIT POST (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp: +234-803-209-6072; Call: +234-705-252-6124 Email: summitpostnigeria@gmail.com

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SUMMIT POST NEWS (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp & Calls ‪+234-803-209-6072‬, ‪+234-705-252-6124‬: Email: summitpostnigeria@gmail.com

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