Business & Economy

Nigeria, Others Digitize Mining Sector to Attract Investors

  • Zambia launched the Zambia Integrated Mining Information System (ZIMIS) in February 2025 to expedite mining licence approvals.
  • Nigeria introduced the Mineral Resources Decision Support System in May 2024, offering easy access to geological data and simplifying permit applications for investors interested in the country’s vast solid mineral reserves

African countries with abundant mineral resources are embracing digitalization to streamline their mining licensing processes, aiming to attract investment and drive economic growth.

Nigeria introduced the Mineral Resources Decision Support System in May 2024, offering easy access to geological data and simplifying permit applications for investors interested in the country’s vast solid mineral reserves.

EDITOR’S PICK

In a similar vein, Zambia launched the Zambia Integrated Mining Information System (ZIMIS) in February 2025 to expedite mining licence approvals.

This digital platform is set to play a pivotal role in enticing mining partners and supporting Zambia’s goal of increasing copper production to 3.1 million metric tons by 2031.

Following a record-breaking $9.3 billion in mining investments in 2024 and a 79% increase in permits granted, global interest in Zambia’s mining potential continues to soar.

Nigeria and Zambia are leveraging technology to revolutionize their mining sectors, positioning themselves to attract substantial investment, optimize resource extraction, and bolster their economies.

As digital solutions gain popularity in African markets for simplifying licensing procedures, African Mining Week will play a leading role in showcasing the immense potential of the continent’s digitalized mining landscape.

The event will spotlight promising investment opportunities across various markets, featuring numerous mining blocks available for licensing by African nations.

South Africa, for instance, aims to utilize its first digital mining licensing system to entice new investors and diversify its mining sector.

Set to launch in June 2025, the system will enhance efficiency, transparency, and expedite the initiation of new mining projects, including those involving platinum group metals.

Tanzania is also overhauling its mining sector with a novel licensing management system, designed to maximize investments in lithium, graphite, and rare earth minerals – resources experiencing high global demand.

According to Aziza Swedi, Acting Director of the Tan – zania Mining Commission, the country has issued 54,626 mining licences over a seven-year period through November 2024, with plans to expedite future licensing via its digital platform.

FURTHER READING

Rwanda has embraced digital transformation in its mining sector with the launch of the Inkomane Digital platform in October 2024.

Companies such as Aterian have aligned their mineral trading operations with this tool.

The platform connects mining companies, trading partners and regulatory bodies like the Rwanda Revenue Authority, enhancing compliance, workforce management, payroll generation and monitoring of mining activities.

Click here to watch video of the week

 

Adeleye Kehinde

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Adeleye Kehinde

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