A weathered hand holding rocks and soil, highlighting environmental challenges in Africa amid economic concerns.
Chinese companies are making substantial investments in Nigeria’s burgeoning lithium mining and electric vehicle (EV) industries, solidifying their presence across the clean energy supply chain. This year, Chinese investors are set to fund the construction of two lithium processing facilities in Nigeria with a combined investment of $800 million, contributing to an expected total of $1.3 billion in Chinese investment in Nigerian lithium. Nigeria’s high-grade lithium deposits and government incentives, including a new policy prohibiting raw material export in favor of local processing, are attracting these investments. This strategic engagement underscores China’s broader efforts to deepen ties with Nigeria in green technology and digital infrastructure.
