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Kaduna, AFC Sign $500m Mining Investment Agreements

The agreements will fund asset development and move the Gidan Waya project toward commercial production, with AFC backing Kaduna’s mineral expansion.

Kaduna State has secured a major boost to its solid minerals development drive with the signing of two Memoranda of Understanding (MoUs) valued at $500 million with the Africa Finance Corporation (AFC), marking a significant step towards expanding the state’s mining sector and attracting long-term investment.The agreements were signed during a strategic meeting between Kaduna State Governor, Senator Uba Sani, and the President and Chief Executiv…

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Dateline Nigeria broke the news on Sunday, July 26, 2026.
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