Jayessentials

Prioritizing local value addition, according to Minister of Solid Minerals Development, is essential to Africa’s economic growth and development

Jayessentials2 months ago2 months ago01 mins

African industrialisation and sustainable economic growth depend heavily on local value addition, according to Minister of Solid Minerals Development Dr. Dele Alake. During the 79th UN General Assembly, Alake spoke at the African Minerals Strategy Group (AMSG) meeting and criticised the present tendency of exporting raw minerals for processing elsewhere, which causes economic losses and…

President Bola Tinubu speaks on Africa underdevelopment

Jayessentials3 months ago3 months ago02 mins

Nigeria’s President, Bola Tinubu, has called for increased cooperation between Nigeria’s law enforcement agencies and the US Federal Bureau of Investigation (FBI) to combat cybercrime and terrorism. Africa, home to significant mineral reserves, is underdeveloped, but has a significant amount of these reserves. Tinubu emphasized the need for Africa to overcome its reliance on foreign…

Johann Rupert of South Africa overtakes Dangote to become Africa’s richest man

Jayessentials4 months ago4 months ago01 mins

Aliko Dangote has been eclipsed by South Africa’s Johann Rupert to become the continent’s richest person. With his wealth having increased to $13.65 billion, Rupert is now the 154th richest person in the world, according to Bloomberg. As of Friday, August 2, 2024, Dangote’s net worth was $13.6 billion, which was around $50 million less…