The 2023 Kenya Mining Week Expo and Conference
The 2023 Kenya Mining Week Expo and Conference commenced with an emphasis on the abundant natural resources and unexplored territories that Kenya possesses. The nation's lands are considered to be blessed with unparalleled natural resources, presenting significant potential for greenfield projects. In a notable development, the National Airborne geophysical survey findings were published, which is expected to stimulate investments throughout the mining value chain.
Kenya has placed particular importance on the exploration and extraction of precious minerals, industrial minerals, and minerals essential for the energy transition. The government has made a steadfast commitment to creating a bankable investment climate and a conducive business environment to attract high-quality investments in the mining sector.
A key initiative discussed during the event was the establishment of a deal book, aimed at supporting artisanal miners in enhancing their funding prospects. This step is anticipated to provide crucial financial assistance and enable the development of sustainable mining practices. Moreover, Kenya Development Corporation has been identified as a valuable resource for de-risking strategies, thereby offering further support to the mining industry.
The collective efforts demonstrated by Kenya at the Mining Week Expo and Conference exemplify the nation's dedication to promoting the mining sector's growth. By showcasing its natural resource potential, prioritizing key minerals, and implementing measures to facilitate investment and mitigate risks, Kenya is poised to attract significant investments and contribute to its overall socio-economic development.