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PAC Capital to sponsor Investing in African Mining Indaba

The event will explore necessary collaborations and partnership towards maximising mining potentials across Africa. (Image source: S. Hermann & F. Richter/Pixabay)

PAC Capital Ltd, the transaction advisory firm and the investment banking arm of PanAfrican Capital Holdings, has announced its sponsorship of the 2021 Investing African Mining Indaba Conference – the world’s leading mining investment conference dedicated to the capitalisation and development of mining in Africa

“There is an increasing focus from more African countries towards maximising the huge untapped resources in the mining sector and Nigeria is not an exception. African Mining Indaba is a unique conference to explore necessary collaborations and partnership towards maximising these potentials,” said Babatunde Oyekunle, PAC Capital deputy managing director.

“Investing in African Mining Indaba (Mining Indaba), part of Hyve Group Plc, is delighted to announce PAC Capital Ltd have joined Mining Indaba Virtual (2-3 February 2021) as a gold sponsor. We are delighted to confirm PAC Capital Ltd among other sponsors, including Anglo American, Sibanye-Stillwater, Rio Tinto, Vedanta and Exxaro Resources to name a few,” the organisers confirmed.

Humphrey Oriakhi, PAC Capital managing director, commented, “The restrictions imposed by the current global pandemic have made physical gatherings limited and mining activities have not been spared either. However, the pandemic has also demonstrated that gold remains valuable as a viable store of value even in a technology driven world. This has further driven home the point, for Africa, to focus on value addition to their solid mineral resources. This requires scarce financial resources and PAC Capital is positioned to provide solutions.”

During the Mining Indaba 2021, the President of South Africa HE Cyril Ramaphosa will deliver the presidential keynote address with more than 6,000 delegates expected to be in attendance. Due to the COVID-19 pandemic, the conference will be virtual this year.

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