AEMBank Calls on Africa to Transform $3 Trillion Mineral Wealth into Engines of Industrialisation and Sustainable Prosperity

The African Extractive Minerals Development Bank (AEMBank) has renewed its call for Africa to fully harness its estimated $3 trillion mineral wealth to drive industrialisation, value addition, and sustainable economic transformation across the continent.

This reaffirmation came during the Bank’s London Investor Roadshow, which convened top institutional investors, financiers, and policymakers committed to advancing Africa’s mineral based industrial agenda.

In a statement signed by AEMBank Board Member, Mr. Chris Frampton, the Bank described the event as a major milestone in its mission to reshape Africa’s extractive and solid minerals sector.

The discussions focused on critical minerals essential to the global energy transition, with AEMBank underscoring that Africa must move beyond the outdated “pit-to-port” export model that has historically deprived the continent of real economic gains.

“Africa must capture greater value from its mineral resources by driving local processing, manufacturing, and industrialisation,” the statement read.

The London engagement also highlighted growing global investor confidence in AEMBank’s governance model and responsible investment framework. Participants from Europe, the Middle East, and Africa expressed strong interest in financing mechanisms that link Africa’s vast resources to transparent, sustainable, and inclusive economic growth.