Summit Recap
Harnessing Local Capital for Sustainable Development
The 4thAfrican Natural Resources and Energy Investment Summit, successfully convened key stakeholders to address the critical need for Africa to leverage its vast natural resource wealth.
Summit Recap
At a glance
Held at the Aso Rock Villa, the workplace and official residence of the President of Nigeria, NCPTIC 2025 continued it’s tradition of moving the natural resources industry forward in a significant manner.
Local Engagement
The African Natural Resources and Energy Investment Summit (NCPTIC) 2025, held from 15th to 17th of July 2025, with the overarching theme “Harnessing Local Content for Sustainable Development,” successfully convened key stakeholders to address the critical need for Africa to leverage its vast natural resource wealth to drive industrial growth, equity, and sustainable development, aligning with Agenda 2063.
Key Highlights and Commitments
Prioritizing Local Content and Value Addition
The summit emphasised moving beyond raw material exports, building local value chains, processing minerals on African soil, and prioritising local resources in natural resource operations.
New mining licenses should mandate local processing plans. The high-level tour of the ASBA and Wisdom International Lithium Processing Plant also highlighted the summit theme.
Transforming the Energy Sector
Discussions emphasised Africa’s expanding energy sector and the crucial role of energy access for socio-economic growth. Successful models like Nigeria’s presidential compressed natural gas program were highlighted. Regional energy integration projects and transparent electricity trading marketplaces (e.g., Nigerian Energy Exchange championed by NBET) were also stressed. Ongoing efforts are being made to mobilise resources and investments for the energy sector.
Strategic Development of Mineral Resources
The summit emphasised moving beyond raw material exports, building local value chains, processing minerals on African soil, and prioritising local resources in natural resource operations.
New mining licenses should mandate local processing plans. The high-level tour of the ASBA and Wisdom International Lithium Processing Plant also highlighted the summit theme.
Nigeria Joins Africa Minerals Strategy Group
Nigeria joined the AMSG as a full member, committing to a unified African approach to mineral development, focusing on value addition, exploration, capital mobilisation, and critical mineral security.
Mobilizing African Capital and Investment, the Africans for Africa Fund
The Africans for Africa Fund, launched during NCPTIC 2024, aimed to mobilise domestic capital for African development.
The fund pooled resources from Africans to invest in lucrative projects within the continent, fostering African ownership and parity with foreign exploration companies. Government reforms to improve the investment climate were also highlighted.
Leveraging Technology and Data for Sustainable Practices
The summit recognised the transformative power of technology and data in resource exploration and management. GeoScan Technology and Oildynamix showcased AI-powered satellite image analytics and cutting-edge solutions to accelerate and enhance mineral exploration, reducing costs and increasing accuracy.
X-Calibur Smart Mapping emphasised the importance of comprehensive data generation in understanding a country’s resource potential and attracting investment.
Balancing Natural Resources with Other Sectors
Discussions included the delicate balance between mining and agriculture, stressing the need for proper exploration, reclamation plans, integrated policies, and community involvement to ensure sustainable land use and avoid conflicts.
Promoting Ethical and Sustainable Practices
The importance of radiological safety and compliance in the mining sector was emphasised to protect workers, the public, and the environment. An ethical supply chain framework for critical minerals and the development of African Mineral Standards, (e.g., Pan-African Resources Reporting Code – PARC) were also key themes.
Fostering International Partnerships and Intra-African Cooperation
The summit highlighted the significance of diplomacy for economic development and fostering strong international partnerships.
Countries like Liberia and Kenya expressed their commitment to local content, looking to Nigeria as a model. Intra-African trade, cooperation, and financial mechanisms were underscored to ensure Africa defines its own agenda for critical mineral development.
Empowering Africa's Green Economy
Strategies for harnessing local resources, including renewables, minerals, and human capital, to drive sustainable growth in the green economy were explored, including accelerating renewable energy adoption, closing the energy access gap, and fostering innovative partnerships and investments in the renewable energy value chain.
Summit Recap
Summit Recap
Re-live the best moments
Watch a recap of the 2025 Summit.