MALI RENAMES COLONIAL FRENCH STREET NAMES. (PHOTO).

Image
 Mali renames colonial French street names Mali followed Burkina Faso and Niger on Wednesday in renaming streets and squares in its capital to get rid of their French colonial names, AFP reported. Streets bearing the names of members of France's colonial administration have been rebaptised in Bamako, according to a decree by the junta chief. Cedeao Avenue (the French acronym for the Economic Community of West African States or ECOWAS) is also now named after a new strategic confederation that Mali has formed with Burkina Faso and Niger – the Alliance of Sahel States (AES). In all, nearly 25 names have been replaced, among them boulevards, streets, squares and public establishments. Niger and Burkina Faso have already made several changes to street and monument names in the last two years. In October, Niger renamed several historic sites in its capital Niamey which previously bore references to old colonial master France. Mali has been ruled by the military since back-to-back coups ...

NIGERIA AND SAUDI ARABIA COLLABORATE TO DEVELOP IRON ORE INTO STEEL. (PHOTO).


 Nigeria and Saudi Arabia Collaborate to Develop Iron Ore into Steel


In an effort to boost the potential of Nigeria's solid minerals sector, the country has entered into a partnership with Saudi Arabia to extract and process iron ore into steel. This collaboration was announced following discussions at the Resourcing Tomorrow event during the annual Mines and Money Expo in London.


Dr. Dele Alake, Nigeria's Minister of Solid Minerals Development, and Saudi Arabia’s Deputy Minister of Minerals and Energy, Engr. Khalid bin Saleh Al-Musdaifer, explored plans for iron ore extraction and processing within Nigeria. Dr. Alake highlighted the benefits of extracting and beneficiating iron ore locally, noting that value-added exports would command higher prices than raw ores. Engr. Al-Musdaifer expressed interest in sourcing Nigerian iron ore for Saudi Arabia’s steel industry and promised to consider Nigeria's proposal for developing a domestic downstream value chain.


A follow-up meeting is scheduled for January 2025 at the Future Metals Forum in Riyadh.


Additionally, Dr. Alake held meetings with international investors, including tin manufacturers Woodcross and the Gerald Group, and fund managers from AMG and Business Idea Development in China. Woodcross confirmed a positive preliminary survey of tin mining in Jos, with plans to make a final investment decision by February 2025. The Gerald Group expressed interest in a joint venture, while discussions with AMG and Business Idea Management Centre explored funding opportunities for Nigerian mining projects.


Dr. Alake also engaged with over 30 global mining entrepreneurs, with plans to include the African Extractive Minerals Bank proposal in future discussions at the AMSG meeting in Riyadh. Saudi Arabia, which currently imports iron ore from various African nations, is looking to strengthen its steel industry through this collaboration.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).