Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    France Targets Falling Birth Rate With Letters Urging 29-Year-Olds to Consider Parenthood

    February 9, 2026

    Tinubu Assures Nigerians of Victory Over Terrorism and Banditry

    February 9, 2026

    Global GDP contributors: IMF ranks Nigeria between top 1 and 10 

    February 9, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Peter Obi Joins #OccupyNASS Protest as Tensions Mount Over Electoral Act Changes

      February 9, 2026

      Iyabo Obasanjo Declares for APC, Describes Party as Her “Natural Home”

      February 8, 2026

      PDP Chieftains Seek Urgent Truce as Makinde–Wike Rift Threatens Party’s Survival

      February 7, 2026

      Wike Declares Rivers ‘Battle-Ready’ for Tinubu in 2027 Amid Obi–Kwankwaso Ticket Talks

      February 7, 2026

      APC Reconstitutes National Convention Committee, Masari Replaces Uzodimma as Chairman

      February 7, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment February 9, 2026

      Acclaimed Gospel Artist and Three Crew Members Found Dead in Lagos Recording Studio

      Recent

      Acclaimed Gospel Artist and Three Crew Members Found Dead in Lagos Recording Studio

      February 9, 2026

      DJ Big N Urges Nigerian Music Executives to Join Grammy Academy as Voting Members

      February 8, 2026

      Dayo Amusa Sworn In as AGN South-West Vice President, Calls Role a “Service to the Industry”

      February 8, 2026
    • Business

      UAC of Nigeria PLC Lists ₦54.03 Billion Bond On FMDQ Exchange Platform, Thereby Expanding Access To Capital

      February 7, 2026

      2026 Gateway International Fair: Dangote Champions Its Vision 2030 

      February 6, 2026

      Rite Foods Challenges Stakeholders On Clean Energy Adoption

      February 5, 2026

      International Breweries Returns to Profitability with N85.1 Billion Gain in 2025

      February 4, 2026

      Konga goes after singles in Valentine campaign

      February 4, 2026
    • Health

      France Targets Falling Birth Rate With Letters Urging 29-Year-Olds to Consider Parenthood

      February 9, 2026

      As medical aid, UNICEF donates boat ambulance to Ogun

      February 6, 2026

      From Lagos to the Frontlines of Care: Dr. Ogenetega Madedor’s Global Path in Medicine

      February 6, 2026

      Health Crisis Escalates as Lassa Fever Outbreak Claims Medical Personnel in Benue and Plateau States

      February 5, 2026

      Nigerian Nurses Petition IGP Over Alleged Assault During Immunization Exercise in Lagos

      February 4, 2026
    • Culture

      Nigeria Advances Talks on Return of Benin Bronzes as Lagos Museum Prepares New Exhibition Wing

      February 6, 2026

      Nigeria’s Cultural Heritage Key to Restoring Global Reputation – Experts

      February 5, 2026

      Northern Nigerian Culture to Take Center Stage at Flavors of Nigeria Festival in Canada

      February 4, 2026

      IFC and Terra Kulture Finalize Partnership to Expand Nigeria’s Creative Economy

      February 2, 2026

      Venice Carnival Commences with Winter Olympic Tribute

      February 2, 2026
    • Lifestyle

      NAHCO Debuts High-End Airport Hotel as Record Profits Drive Bold Expansion into Luxury Transit Hospitality

      February 9, 2026

      European Commission Declares TikTok’s ‘Addictive’ Design in Breach of Digital Services Act

      February 6, 2026

      ‘Money can’t buy happiness,’ ~ Elon Musk 

      February 6, 2026

      Vine Heritage: The Abuja Refuge Protecting Children from Residual Infanticide Rituals

      February 5, 2026

      NCC Reports Rise in Urban Internet Speeds to 20.5Mbps Amid Widening Rural Connectivity Gap

      January 30, 2026
    • Sports

      Ikorodu climb top as Remo drop to 19th on NPFL

      February 9, 2026

      Nigeria Clinches Promotion to Davis Cup World Group II After Commanding Victory Over Uzbekistan

      February 9, 2026

      Reactions as Osimhen gifts N10m to Beyond Limits

      February 9, 2026

      Osimhen Scores 15th Goal Establishing Galatasaray Victory At Rizespor

      February 9, 2026

      Sports Crisis: Tinubu Pledges Full Budget Support from 2026

      February 7, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » Alake remains African minerals group chairman as newly elected
    Energy

    Alake remains African minerals group chairman as newly elected

    Ifetayo AdeniyiBy Ifetayo AdeniyiJanuary 19, 20265 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Alake remains African minerals group chairman as newly elected

    Minister of Solid Minerals Development and Chairman, Africa Minerals Strategy Group (AMSG), Dr. Dele Alake (middle). On his immediate left is the Vice-Chairman, AMSG and Minister of Mines, Democratic Republic of Congo (DRC), HE Louis Watum Kabamba; To his immediate right is Moses Engadu, Secretary- General, AMSG; Mr. Vincent Kedi, Commissioner for Licensing Administration representing the Minister of Energy and Mineral Development of the Republic of Uganda (2nd right) and a cross-section of other African ministers of minerals/mining from Tanzania, Liberia, Mauritania, South Sudan, Eswatini, Sierra Leone, The Gambia, Burundi, Ghana, Somalia, Malawi at the 2nd Annual General Meeting (AGM) of the Africa Minerals Strategy Group (AMSG) held on the sidelines of the just concluded Future Minerals Forum (FMF), Riyadh, Saudi Arabia. 18th January, 2026. CREDIT: Solid Minerals Development Ministry.

    The Minister of Solid Minerals Development, Dr Dele Alake, has been re-elected Chairman of the Africa Minerals Strategy Group, a continental forum of African ministers responsible for minerals and mining, committed to coordinated action to maximise value addition and beneficiation from Africa’s mineral resources.

    The re-election was confirmed in a statement issued on Sunday by the minister’s Special Assistant on Media, Segun Tomori.

    “The Minister of Solid Minerals Development, Dr Dele Alake, has been re-elected Chairman of the Africa Minerals Strategy Group, a continental ministerial forum of African ministers responsible for minerals and mining, committed to coordinated action aimed at maximising value addition and beneficiation from Africa’s vast mineral resources,” the statement partly read.

    Alake was first elected as the pioneer chairman of the AMSG in 2024 on the sidelines of the Future Minerals Forum and retained the position at the group’s 2026 Annual General Meeting held in Riyadh, Saudi Arabia.

    As part of institutional reforms, the AGM approved the creation of additional leadership positions, including Vice-Chairman, Deputy Secretary-General and Financial Secretary, with the roles distributed across Africa’s sub-regions to promote inclusion and regional balance.

    While the positions of Chairman and Vice-Chairman are elective and reserved for serving ministers, other positions are appointed by member states to which they are zoned.

    Under the new structure, Alake continues as Chairman, representing West Africa. The Minister of Mines of the Democratic Republic of Congo, Louis Watum Kabamba, was elected Vice-Chairman for Central Africa. Uganda retains the position of Secretary-General for East Africa, Mauritania was appointed Deputy Secretary-General for North Africa, while South Africa holds the position of Financial Secretary.

    The AGM also ratified a two-year tenure for the executive committee and agreed that zoned positions belong to member countries, such that successors automatically assume the roles when ministers are replaced.

    In his acceptance speech, Alake thanked his colleagues for the renewed confidence and called on African nations to deepen collaboration to unlock the continent’s economic potential through solid minerals development.

    He urged member states to agree on minimum financial contributions and strengthen the group’s budgeting framework to improve operational efficiency.

    “Once member states contribute, accountability will naturally follow. This will enhance transparency and strengthen the credibility of the AMSG before the global community,” he said.

    The AGM also resolved to hold quarterly ministerial meetings and established standing committees, including Legal, Institutional Affairs and Human Resources; Sustainability and Responsible Mining; and Finance, Budget and Resource Mobilisation. Members also agreed on steps towards hosting a global minerals conference in Africa, similar to the Future Minerals Forum.

    Speaking earlier at a leadership roundtable themed ‘Africa: Unlocking Infrastructure Funding for Copper-Belt Production’, Alake stressed that mineral production alone cannot deliver lasting economic transformation without reliable infrastructure, coordinated policies and deliberate value-addition strategies.

    “The real question is not whether Africa has corridors, but whether these corridors are being financed, governed and structured to support industrial growth, regional integration and long-term stability. What matters is how financing is designed to reduce risk, attract private capital and sustain commercial viability while advancing national and regional development objectives,” he said.

    Alake cited successful models such as the Lobito Corridor in Angola and highlighted other opportunities, including the Lagos–Abidjan Corridor, the Walvis Bay Corridor, and the Dar es Salaam and Central Corridors. He emphasised the need for aligned rail, port, power and industrial planning to unlock capital at scale.

    He also noted that offtake arrangements, harmonised regulatory frameworks and clearly defined industrial clusters are critical to attracting investment along Africa’s mineral corridors.

    “The broader vision of the AMSG is to ensure that Africa’s mineral infrastructure is strategically designed, responsibly financed and efficiently managed in a rapidly evolving global environment, not to discourage investment, but to ensure it aligns with long-term stability, transparency and shared economic prosperity,” Alake added.

    Formed in 2024, the Africa Minerals Strategy Group serves as a platform for policy coordination, knowledge sharing and joint action among African states to strengthen the mining sector.

    This has brought together ministers from across the continent to harmonise strategies for industrial development, regional integration and infrastructure investment, as Africa seeks to move beyond raw mineral exports to higher-value processed products.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleAFCON 2025 match: Morocco, Nigeria semi-final, first time and challenging – Ghanaian Laryea
    Next Article AFCON 2025 award winners
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    Energy February 7, 2026

    Nigeria’s energy gets a lift with first FLNG project

    Energy February 4, 2026

    “NNPC needs financing, competent contractor to operate refineries profitably” – NNPC Ojulari

    Energy February 3, 2026

    Electricity: Federal Govt to share subsidy costs with states, councils 

    Energy February 3, 2026

    Federal Government Hands Over African Energy Bank Headquarters at 2026 NIES in Abuja

    Energy February 3, 2026

    Nationwide Blackout Confirmed as National Grid Suffers Total System Collapse

    Diplomacy February 3, 2026

    President Bola Tinubu Departs for France to Advance Bilateral Energy and Security Agreements

    Leave A Reply Cancel Reply

    Don't Miss
    Health February 9, 2026

    France Targets Falling Birth Rate With Letters Urging 29-Year-Olds to Consider Parenthood

    Manny Ita  – The French government has announced plans to send letters to all 29-year-olds…

    Tinubu Assures Nigerians of Victory Over Terrorism and Banditry

    February 9, 2026

    Global GDP contributors: IMF ranks Nigeria between top 1 and 10 

    February 9, 2026

    CBN, NCC to end airtime transaction failures, unveil framework 

    February 9, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Edo speaker invested into knighthood of St Christopher

    October 31, 2021

    Queen Jennifer Osayamen Celebrates Birthday With Motherless Children

    December 26, 2021

    AMPMAN congratulates Anambra Governor-Elect, Prof Charles Soludo

    November 14, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.