Kwara
Nigeria
Sector
Mining & Metals
Kwara State, situated in central Nigeria, has proven deposits of kaolin and interested investors are invited to consider the potential for the mining and processing of the mineral.
Investment Opportunity
Kaolin, otherwise known as china clay, is a white, inert material which is chemically a hydrous form of aluminium silicate. Commercial deposits of kaolin exist near the towns of Ilorin, Dagbalodo, Echiwada, Tsaragi, Otte and Isanlu-Isin in Kwara State.
Popular uses of kaolin include:
Paper: The mineral is an important input for papermaking, both as filler to replace fibre and as a coating pigment.
Plastics: Because of kaolin's inert nature and its special structure, shape and size, it is widely used in the manufacturing of plastic. Plastics and adhesives industries in the United States consume up to 125 000 tonnes of kaolin per year.
Fertiliser: Kaolin is used are a carrier and diluent in fertilisers, pesticides and related products.
Rubber: Kaolin boosts the overall performance of rubber while the white pigment plays specific roles in rubber applications.
Paint: The mineral is used in paint to reduce the amount of expensive pigments; assist to help maintain proper dispersion; and to provide bulk to the product.
Reasons to Invest in Kwara State
Incentives: The Kwara State Government is willing to extend a number of incentives to serious investors. These include the provision of land and infrastructure, tax holidays and assistance with obtaining financing.
Labour: Kwara State is home to the well-respected University of Ilorin and construction of the new Kwara State University will soon be completed. Kwara State therefore has a large number of graduates who can be employed by companies investing in the state.
Cargo terminal: A new cargo terminal at the Ilorin International Airport will soon be completed and will allow for goods to be transported via air, both locally and internationally.
Power supply: Due to the recent completion of the Ganmo sub-station, the state capital, Ilorin, currently enjoys very close to 24 hours a day of uninterrupted power supply. Many business owners are delighted by the fact that they have to make very little use of generators.
Political will: The government of Kwara State is devoted to creating an enabling environment for business and investment. The state is also committed to continuity of policies which will ensure that an investor friendly environment remains even after the end of the current administration's tenure.
Investment insurance: Nigeria is a member of MIGA (Multilateral Investment Guarantee Agency) and the ICSD (International Centre for Settlement of Investment Disputes).
Contact Details Investors interested in this project should contact TradeInvestNigeria at infonigeria@gan.co.za
