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Niger Invites Russian Companies to Explore Natural Resources in African Country

© Sputnik . Ramil Sitdikov / Go to the mediabankNiger's Mines Minister Ousmane Abarchi
Niger's Mines Minister Ousmane Abarchi - Sputnik Africa, 1920, 13.11.2024
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Africa is incredibly rich in natural resources, holding approximately 30% of the world's mineral reserves, 8% of global natural gas reserves, and 12% of global oil reserves. It also boasts 40% of the world's gold, as well as the largest reserves of cobalt, diamonds, platinum, and uranium, according to the UN Environment Program.
Niger invites Russian companies to explore and extract natural resources in the country, Niger's Mines Minister Ousmane Abarchi told Sputnik.

"We have already met with Russian companies that are interested in coming to Niger and exploring and extracting natural resources. And in this area, we are not only talking about uranium," Abarchi said.

Niger is rich in natural resources, boasting significant reserves of uranium, coal, gold, iron ore, phosphates, petroleum, salt, and gypsum, among others. The country holds some of the world's largest uranium reserves, as well as substantial oil reserves.
The building of the Ministry of Natural Resources and Environment of Russia - Sputnik Africa, 1920, 15.10.2024
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