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This page was last edited by AFNIS (contribs | logs) at 16:35, 12 May 2025 (UTC) (11 hours ago)

Submission declined on 12 May 2025 by Bobby Cohn (talk).

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Declined by Bobby Cohn 11 hours ago. Last edited by AFNIS 11 hours ago. Reviewer: Inform author.

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The African Natural Resources & Energy Investment Summit (AFNIS)

The African Natural Resources and Energy Investment Summit (AFNIS) is an annual pan-African conference hosted by the Government of Nigeria^[1] focused on policy dialogue, investment facilitation, and sustainable development in the natural resources and energy sectors. Held in Abuja, Nigeria, AFNIS brings together policymakers, industry leaders, financial institutions, and civil society organizations to promote local content development, green industrialization, and cross-sectoral partnerships across the continent.

AFNIS began as the Nigeria-Africa Natural Resource & Energy Investment Summit (NAFNIS) in 2022 and was rebranded in 2023 to reflect its continental scope. The summit emphasizes climate-conscious economic growth, value addition, and regional cooperation in sectors such as mining, oil and gas, renewable energy, agriculture, and finance.

History and Evolution

NAFNIS 2022 (Maiden Edition)^[2]

Theme: “Towards a Greener Africa”

Date: 31 May – 3 June 2022

Venue: International Conference Centre (ICC), Abuja, Nigeria

The inaugural edition marked the summit’s foundation as NAFNIS and hosted over 700 participants and 100 speakers from 20 African countries. It was opened by H.E Muhammadu Buhari, GCFR President of the Federal Republic of Nigeria (represented by the Minister of Mines and Steel Development)^[3]. The event emphasized sustainable natural resource management, clean energy financing, and responsible mining.

Key Outcomes:

Advocacy for decarbonization alongside industrialization
Support for regional gas infrastructure
Calls to localize financing mechanisms for energy transition
Exploration of alternative financial systems for mineral trade

AFNIS 2023^[4]

Theme: “Towards a Just Transition”

Date: 31 October – 2 November 2023

Venue: ICC, Abuja

Rebranded as AFNIS, the second edition highlighted the social and economic dimensions of energy transition, focusing on inclusivity, energy security, and local economic empowerment. It was addressed by H.E Bola Ahmed Tinubu, GCFR, President of the Federal Republic of Nigeria Nigeria (represented by the Secretary to the Government of the Federation)^[5], alongside key ministers and stakeholders.

Key Outcomes:

Emphasis on empowering women entrepreneurs
Proposals for formalizing artisanal mining
Promotion of carbon credits and green technology transfer
Public-private partnerships to finance clean energy projects

AFNIS 2024^[6]

Theme: “Natural Resources for Economic Development”

Date: 16 – 18 July 2024

Venue: State House Conference Centre, Abuja

The third summit gathered over 1,000 stakeholders including ministers, governors, CEOs, and international partners from across the continent. It was inaugurated by His Excellency Kashim Shettima, GCON Vice President of the Federal Republic of Nigeria on behalf of the President of the Federal Republic of Nigeria.^[7]

Key Highlights:

A Ministerial Roundtable chaired by the Nigerian Minister of Solid Minerals Development focused on value addition and regional ownership of mineral wealth. The discussion was so impactful it was repeated at the United Nations General Assembly (UNGA 79)^[8]
Focus areas included local content, critical minerals, ESG, and sustainable agriculture.

Major Outcomes:

Launch of the “Africans for Africa” initiative^[9], a campaign to mobilize African capital and talent
Signing of MoUs for mining and energy projects
Expansion of cross-border collaboration and technology showcases.

Structure and Format

AFNIS is organized by an Inter-Ministerial Committee comprising various Nigerian federal ministries and agencies^[10]. As of 2025, key participating bodies include:

Ministry of Solid Minerals Development (Chief Host)
Ministry of Steel Development
Ministry of Power
Ministry of Petroleum Resources
Ministry of Industry, Trade and Investment
Ministry of Foreign Affairs
Ministry of Environment
Federal Ministry of Finance
Federal Ministry of Science, Technology, and Innovation
Nigeria Investment Promotion Commission (NIPC)
Nigeria Export Promotion Council (NEPC)
Nigeria Customs Service
Nigerian Immigration Service

The summit typically spans several days and includes:

High-level plenary sessions with keynote addresses from heads of state, ministers, and CEOs.
Panel discussions focusing on specific policy, investment, and technical challenges.
Country spotlights showcasing investment opportunities.
Thematic workshops and masterclasses.
An exhibition area for companies and organizations to showcase projects and services.
Dedicated deal-making and networking sessions.
Pre-summit events, such as ministerial retreats or specialized forums (e.g., the planned High-Level Ministerial & CEO Retreat for AFNIS 2025).

Themes and Focus Areas

AFNIS consistently addresses several core themes:

Investment Mobilization: Attracting domestic and international capital for resource and energy projects.
Sustainable Development: Ensuring resource extraction contributes to long-term economic diversification, environmental protection, and social equity.
Energy Transition: Navigating the global shift towards cleaner energy while addressing Africa's energy access and development needs, including the role of gas as a transition fuel.
Local Content and Value Addition: Promoting the development of local industries, supply chains, and job creation linked to resource sectors (e.g., mineral processing, component manufacturing).
Cross-Sectoral Collaboration: Breaking down silos between mining, oil & gas, power, renewables, agriculture, and finance to foster integrated development approaches.
Policy and Regulation: Discussing frameworks to improve the investment climate and governance in the resource sectors.
Infrastructure Development: Addressing the need for critical infrastructure (power, transport) to support resource development and industrialization.

Key Initiatives and Outcomes

AFNIS serves as a platform for launching and advancing specific initiatives:

Green Industrial Initiative Whitepaper: This was a whitepaper on financing Nigeria's sustainable industrial revolution which was built on key findings and takeaways from the past three summits, culminating in the insights gathered in 2024.
Africans for Africa (AforA) Initiative: Conceived through dialogue at previous AFNIS editions, AforA aims to mobilize African capital for African development projects. The formal unveiling of the AforA Fund was planned for AFNIS 2025.
Nigeria-SEforALL Critical Minerals Partnership^[11]: AFNIS facilitated dialogue leading to a partnership between Nigeria's Ministry of Solid Minerals Development and Sustainable Energy for All's Council on Critical Minerals for the Global South. Findings from related studies^[12] were planned for presentation at AFNIS 2025.

References

^ "AFNIS 2025: Nigeria to Host Premier Pan-African Summit at State House, Bridging Mining, Energy, Power, and Finance Sectors". www.cnbcafrica.com. 2025-04-28. Retrieved 2025-05-12.
^ AfricaNews (2022-06-02CEST12:41:24+02:00). "Financing Gas infrastructure for Africa". Africanews. Retrieved 2025-05-12. {{cite web}}: Check date values in: |date= (help)
^ Sherifat, Lawal (2022-06-02). "Africa needs to join world's shift from fossil fuel to renewable energy sources — Buhari". Vanguard News. Retrieved 2025-05-12.
^ Ezeugwu, Silas (2023-08-19). "Nigeria, Others To Parley On Energy Transition At AFNIS Summit". Retrieved 2025-05-12.
^ "FG Committed to Efficiently Harnessing Mineral Resources For The Prosperity of Nigerians – Alake -". The NEWS. 2023-10-31. Archived from the original on 2024-07-23. Retrieved 2025-05-12.
^ Natsa, Ruth Tene (2024-07-18). "Alake, African mining ministers plan tougher rules for value addition at AFNIS 2024". Businessday NG. Retrieved 2025-05-12.
^ Anyanwu, Samuel (2024-07-17). "2024 AFNIS Summit Opens: Nigeria Emphasises Value Addition For Economic Growth". Federal Ministry of Information and National Orientation. Retrieved 2025-05-12.
^ Bankole, Idowu (2024-09-25). "UNGA 79: Africa doesn't need to wait for aids, grant anymore - Tinubu". Vanguard News. Retrieved 2025-05-12.
^ Nigeria, Guardian (2025-05-11). "Africans for Africa Initiative appoints fund manager to propel investment in mining sector". The Guardian Nigeria News - Nigeria and World News. Retrieved 2025-05-12.
^ Kayode (2025-05-07). "AFNIS 2025 Organising Committee strengthened, welcomes New High-Level Members". The miners. Retrieved 2025-05-12.
^ "Africa Minerals Strategy Group joins the Council for Critical Minerals Development in the Global South". Sustainable Energy for All | SEforALL. 2024-09-26. Retrieved 2025-05-12.
^ Okogba, Emmanuel (2025-02-05). "We've secured facility to develop Nigeria's critical value chain - Alake". Vanguard News. Retrieved 2025-05-12.

[1] "AFNIS 2025: Nigeria to Host Premier Pan-African Summit at State House, Bridging Mining, Energy, Power, and Finance Sectors". www.cnbcafrica.com. 2025-04-28. Retrieved 2025-05-12.

[2] AfricaNews (2022-06-02CEST12:41:24+02:00). "Financing Gas infrastructure for Africa". Africanews. Retrieved 2025-05-12. {{cite web}}: Check date values in: |date= (help)

[3] Sherifat, Lawal (2022-06-02). "Africa needs to join world's shift from fossil fuel to renewable energy sources — Buhari". Vanguard News. Retrieved 2025-05-12.

[4] Ezeugwu, Silas (2023-08-19). "Nigeria, Others To Parley On Energy Transition At AFNIS Summit". Retrieved 2025-05-12.

[5] "FG Committed to Efficiently Harnessing Mineral Resources For The Prosperity of Nigerians – Alake -". The NEWS. 2023-10-31. Archived from the original on 2024-07-23. Retrieved 2025-05-12.

[6] Natsa, Ruth Tene (2024-07-18). "Alake, African mining ministers plan tougher rules for value addition at AFNIS 2024". Businessday NG. Retrieved 2025-05-12.

[7] Anyanwu, Samuel (2024-07-17). "2024 AFNIS Summit Opens: Nigeria Emphasises Value Addition For Economic Growth". Federal Ministry of Information and National Orientation. Retrieved 2025-05-12.

[8] Bankole, Idowu (2024-09-25). "UNGA 79: Africa doesn't need to wait for aids, grant anymore - Tinubu". Vanguard News. Retrieved 2025-05-12.

[9] Nigeria, Guardian (2025-05-11). "Africans for Africa Initiative appoints fund manager to propel investment in mining sector". The Guardian Nigeria News - Nigeria and World News. Retrieved 2025-05-12.

[10] Kayode (2025-05-07). "AFNIS 2025 Organising Committee strengthened, welcomes New High-Level Members". The miners. Retrieved 2025-05-12.

[11] "Africa Minerals Strategy Group joins the Council for Critical Minerals Development in the Global South". Sustainable Energy for All | SEforALL. 2024-09-26. Retrieved 2025-05-12.

[12] Okogba, Emmanuel (2025-02-05). "We've secured facility to develop Nigeria's critical value chain - Alake". Vanguard News. Retrieved 2025-05-12.

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