African Leaders Demand Local Processing of Minerals
Nigerian President Bola Tinubu said no one can export metal from Nigeria without adding value. Gabon’s president criticized opaque mining deals and ordered domestic processing by 2029. The statements were made at the Africa CEO Forum in Kigali as African countries seek to capture more value from their resources.
SemaforAfrican leaders called for foreign mining companies to process minerals locally rather than export raw materials. The push comes as demand for critical metals rises amid competition between the United States and China. Nigerian President Bola Tinubu told the Africa CEO Forum in Kigali that his government would no longer accept the existing model.
“No one can take any metal out of Nigeria without adding value,” he said. Gabon’s president criticized mining arrangements that he said leave limited visibility over earnings from the country’s resources. Gabon is the world’s second-largest manganese producer.
The government has ordered operators to begin domestic processing by 2029 or risk losing concessions.
Abuja plans to establish at least two Chinese-built lithium processing plants. Libreville has set the 2029 deadline for local processing. The statements reflect a broader effort across Africa to increase benefits from refining and manufacturing. Rwanda’s President Paul Kagame told the forum a day earlier that Africans should stop accepting deal terms set outside the continent.
“We can’t just be people waiting to be ripped off,” Kagame said. Gabon’s president instructed the country’s oil minister to raise output to take advantage of higher prices. Gabon produces about 227,000 barrels a day. Nigeria has larger potential upside from higher prices but faces infrastructure bottlenecks.
The $20 billion Dangote Refinery has not fully met domestic fuel demand.
Key Facts
Story Timeline
3 events- May 15, 2026
Nigerian President Bola Tinubu spoke at the Africa CEO Forum in Kigali demanding local value addition.
1 sourceSemafor - May 14, 2026
Rwanda’s President Paul Kagame urged African leaders to reject externally set deal terms.
1 sourceSemafor - 2029
Gabon has ordered mining operators to begin domestic processing or risk losing concessions.
1 sourceSemafor
Potential Impact
- 01
Gabon mining operators must begin local processing by 2029 or lose concessions.
- 02
Nigeria will build at least two Chinese-built lithium processing plants.
- 03
African governments may renegotiate mining contracts to require more local refining.
- 04
Gabon plans to increase oil output to capitalize on higher prices from the Iran war.
Transparency Panel
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