The Federal Ministry of Solid Minerals Development has announced that the 4th African Natural Resources and Energy Investment Summit (AFNIS) will take place from July 15–17, 2025, in Abuja, Nigeria, offering a major platform for small and medium enter… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader AFNIS 2025 set to boost local content and open doors for African SMEs By Abimbola Akomolafe on July 2, 2025 The Federal Ministry of Solid Minerals Development has announced that the 4th African Natural Resources and Energy Investment Summit (AFNIS) will take place from July 15–17, 2025, in Abuja, Nigeria, offering a major platform for small and medium enterprises (SMEs) to connect with investors, government leaders, and industry innovators across Africa's resource and energy sectors. Announcing the summit during a press briefing, Minister Dele Alake—represented by Engr. Obadiah Nkom, Director General of the Mining Cadastral Office—stressed that this year's edition will move from policy conversations to actionable, investment-ready outcomes. With the theme "Harnessing Local Content for Sustainable Development," AFNIS 2025 will bring together over 1,000 stakeholders, including SMEs, startups, investors, and policy experts. For SMEs in mining, manufacturing, clean energy, and agritech, the summit presents a unique chance to: Showcase innovations and scalable solutions Secure investment and financing partnerships Explore value chains in processing local raw materials into high-value products like batteries, solar components, fertilisers, and refined metals Engage in cross-sector collaboration, including mining-agriculture integration and clean energy solutions Read also, AFNIS 2025 set to boost local content and open doors for African SMEs NI3ME urges shift from oil dependence to solid minerals for sustainable growth NFIB pushes for permanent 20% tax deduction to secure growth for U.S. small businesses FG backs 2025 West Africa Industrial summit set to hold in Lagos Widows empowered with agribusiness skills as part of UN International Widows' Day The summit also includes a special ministerial and CEO retreat, focused on building trust and long-term vision among key industry players—a valuable networking space for growth-minded small businesses. Permanent Secretary Engr. Faruk Yabo, represented by Dr. Vivian Okono, emphasized that AFNIS 2025 is a major step toward unlocking Africa's industrial potential, with strong emphasis on local content, innovation, and regional integration. SMEs are encouraged to engage actively, as the summit will also reflect progress made under President Tinubu's Renewed Hope Agenda, highlighting Nigeria's leadership in extractive industry reform and sustainable development. In summary, AFNIS 2025 is not just a high-level event—it is a practical launchpad for SMEs to scale, attract investment, and plug into Africa's expanding natural resources and energy economy.

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The National Chairman of the Nigerian Institute of Mining, Metallurgy and Materials Engineers (NI3ME), Abdulrahman Salawu, has called for urgent action to reduce Nigeria's overreliance on oil by harnessing the untapped potential of the solid minerals … Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader NI3ME urges shift from oil dependence to solid minerals for sustainable growth By Busola Bamidele on July 2, 2025 The National Chairman of the Nigerian Institute of Mining, Metallurgy and Materials Engineers (NI3ME), Abdulrahman Salawu, has called for urgent action to reduce Nigeria's overreliance on oil by harnessing the untapped potential of the solid minerals and metals sectors. Speaking at a recent conference, Salawu emphasised that Nigeria's long-term economic prosperity depends on bold moves to diversify its economy. "By developing the metals and solid minerals sectors, we can boost employment, improve living standards, and create opportunities in other critical industries such as agriculture, manufacturing, and tourism," he said. Read also: NI3ME urges shift from oil dependence to solid minerals for sustainable growth NFIB pushes for permanent 20% tax deduction to secure growth for U.S. small businesses FG backs 2025 West Africa Industrial summit set to hold in Lagos Widows empowered with agribusiness skills as part of UN International Widows' Day Ekiti state pushes investment reforms to attract more small businesses He noted that the goal of the conference was to map out a sustainable path to achieving this transformation. The event had in attendance representatives of key stakeholders, including the Minister of Solid Minerals Development, Oladele Alake, who was represented by Olusegun Ige, Director-General of the Nigerian Geological Agency, and the National President of the Nigerian Society of Engineers (NSE), Margaret Oguntala, represented by Oluwatoyin Ashiru. Salawu's call aligns with growing advocacy for inclusive industrial development that benefits small businesses and reduces the nation's vulnerability to oil price shocks.

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