Nigeria is gearing up to host the African Natural Resources and Energy Investment Summit (AFNIS) 2024, spotlighting the pivotal role of Africa’s abundant natural resources in driving economic prosperity. The announcement was made by Dr. Dele Alake, Minister of Solid Minerals Development, during a press conference held in Abuja.
Scheduled to take place at the State House Presidential Villa in Abuja from July 16th to 18th, AFNIS 2024 carries the theme “Natural Resources for Economic Development,” symbolizing a critical moment for the continent.
Dr. Alake underscored the significance of AFNIS 2024, emphasizing that it transcends a mere conference to serve as a crucial platform uniting government officials, private sectors, and industry experts. The summit aims to harness Africa’s vast natural resources sustainably, fostering economic growth, achieving Sustainable Development Goals (SDGs), and advancing cleaner and more accessible energy sources.
“This summit is not just a gathering of minds but a convergence of visionaries committed to transforming Africa’s natural resource landscape,” Dr. Alake stated. “Our discussions and decisions will resonate across the continent, influencing policies, shaping industries, and setting the course for a sustainable future.”
Key focuses of AFNIS 2024 include empowering marginalized communities and strategically utilizing fossil fuel revenues for Africa’s green transition. Dr. Alake outlined the summit’s commitment to economic growth, prosperity, and achieving SDGs through investments in rural and marginalized areas.
“By leveraging our natural resources wisely, we aim to address crucial issues such as gender equality, clean water and sanitation, affordable and clean energy, and proactive climate action,” Dr. Alake explained. “Our strategy involves a holistic approach that considers the interconnected nature of development, aiming for balanced growth benefiting all sectors of society.”
Highlighting the imperative for a transition to cleaner energy, Dr. Alake emphasized, “While fossil fuels have played a significant role in our economies, the shift to renewable energy is essential. This transition will reduce our carbon footprint, mitigate climate change impacts, and foster resilient energy infrastructure.”
In conclusion, Dr. Alake called upon stakeholders to collaborate and innovate in unlocking Africa’s natural resources for a sustainable and prosperous future. “Let us commit to partnerships, knowledge sharing, and strategies that drive our collective progress. The actions we take today will shape the future of Africa,” he urged.
AFNIS 2024 represents a pivotal opportunity for Africa to capitalize on its natural wealth, paving the way for inclusive growth, environmental sustainability, and enhanced global competitiveness.