– Pledges Nigeria’s commitment to Africa’s economic transformation
Oritsegbubemi Omatseyin
Lagos — In a strong show of commitment to Africa-led growth, President Bola Ahmed Tinubu has declared the 4th Annual Meeting of the Africa Sovereign Investors Forum, ASIF, open emphasizing the need for collective action and regional cooperation among African countries to achieve transformative development.
Represented by Vice President Kashim Shettima, President Bola Ahmed Tinubu reaffirmed Nigeria’s determination to lead the continent’s economic transformation through targeted reforms and catalytic investment platforms while also underscoring the administration’s priority on regional collaboration and innovative capital mobilisation.
The Federal Republic of Nigeria, through the Federal Ministry of Finance, is hosting the meeting beginning from June 15–17, in Abuja.
Held under the theme Leveraging African Sovereign Wealth Funds to Mobilise Global Capital for Transformative Development, the gathering brings together sovereign wealth funds, institutional investors, and policymakers from 17 African nations, supported by strategic partners such as China Investment Corporation and Abu Dhabi Investment Authority.
Ealier, in his remarks, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun called for a shift from stabilization to strategic investment, positioning sovereign wealth funds as engines of economic transformation.
“Africa must lead its own industrialization. By mobilizing domestic capital and aligning with global partners, we can move from a future defined by potential to one built on performance, “he stated.
The Minister highlighted Nigeria’s trailblazing efforts in developing innovative financing models such as the NSIA-backed Infrastructure Debt Fund, the Green Guarantee Company, and a landmark US-dollar domestic bond issuance, as clear signals of Nigeria’s investment readiness.
Mr. Aminu Umar-Sadiq, Managing Director and CEO of the Nigeria Sovereign Investment Authority, NSIA, echoed this ambition: “NSIA is honoured to host sovereign wealth funds from across the continent. By uniting our collective resources, African sovereign wealth funds can become a formidable catalyst for transformative growth, economic resilience, and long-term prosperity.”
He highlighted pioneering initiatives like the Infrastructure Debt Fund, the Green Guarantee Company, and the US-dollar domestic bond issuance as clear evidence of Nigeria’s investment leadership.
The summit also marked the launch of the ASIF Investment Platform, a flagship vehicle designed to unlock high-impact, cross-border investments in infrastructure, renewables, manufacturing, and healthcare.
For Nigeria’s private sector, ASIF 2025 signals a new era—de-risking mega-projects, anchoring blended finance, and creating fertile ground for investor-led growth across Africa.
