AS part of efforts to develop a $1 billion economy by 2030, Nigeria is leveraging on the mining industry as the sector enters a new phase of growth on the back of regulatory reforms, downstream investments and international partnerships to strengthen investor confidence in its untapped mineral markets.

After securing roughly $3 billion in investments over the last three years in the sector, stakeholders have noted that this reflects growing investor confidence as the country seeks to bridge the financing gap hindering large-scale mining development.

The investment milestone comes as Nigeria deepens engagement with investors to unlock its estimated $750 billion in untapped mineral resources. The country is targeting an increase in mining’s contribution to GDP to 10 per cent, creating lucrative investment opportunities for global mining industry players.

These developments come as African Mining Week (AMW) 2026, Africa’s Most Influential Mining Conference, takes place later this year where Nigeria intends to showcase expanding project pipeline and investment opportunities.

Through dedicated country sessions, project showcases and executive networking, the event will connect international investors with policymakers, mining companies and service providers driving the country’s mining transformation.

Nigeria’s expanding investment pipeline is a testament to its drive to strengthen partnerships. In June 2026, Romulus Mining announced plans to increase investments across its gold and lithium portfolio from approximately $50 million to $150 million over the next three years, underscoring growing private sector confidence in the country’s mining outlook.

A partnership deal signed with Turkey in May 2026 is expected to support cooperation in geological exploration, mining technologies, digitalisation and capacity building, while creating new opportunities for Turkish investment and technical expertise across Nigeria’s mining value chain.

Meanwhile, the advancement of several downstream projects, including a $600 million lithium processing facility in Nasarawa State and a $200 million lithium processing plant in Abuja, underscores Nigeria’s commitment to boosting mineral production and supporting industrialization.

Amid these developments, the conference provides a timely platform for investors seeking to capitalise on one of Africa’s most promising mining markets and will facilitate strategic partnerships that support exploration, mineral processing and long-term industry growth.