CMFC Headlines London Global Summit on Africa’s Opportunities
Kayode Tokede Critical Minerals Financing Corporation (CMFC) is headlining discussions on Africa’s critical minerals assets at one of world’s largest mining investment forum in London, where more than 2,300 delegates
Critical Minerals Financing Corporation (CMFC) is set to take the lead at one of the world's largest mining investment forums in London, discussing Africa's critical minerals assets. Over 2,300 delegates and ministers from 60 countries are expected to participate in the discussions on mining opportunities in Nigeria and other African countries.
Lamon Rutten, chairman of CMFC, emphasized that Nigeria and other African countries hold a significant position in the global economic future. He stated, "The world is short of the minerals it has committed to build its future on, and a material share of what is left sits in Africa. What has been missing is not geology or demand. It is the institutional layer that converts a deposit into something an international lender can underwrite."
CMFC exists to build that layer, with its founding CEO, Rutten, formerly serving as the Chairman of the Saudi Arabia Mining Exchange and Indonesia Commodity and Derivatives Exchange. Dr. Israel Ovirih, president and co-CEO of CMFC, stated that companies like CMFC are at the intersection of African minerals assets and the global investment market.
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