Africa Investment Forum 2024: Nigeria Unveils $13.6 Billion Investment Projects

Oru Leonard 

Senator John Owan Enoh, Honourable Minister of State for Industry, represented President Asiwaju Bola Ahmed Tinubu at the Africa Investment Forum 2024 Market Days in Rabat, Morocco. The event, held from December 4-6, brought together global leaders, investors, and policymakers to advance Africa’s development agenda.

This year’s forum, themed “Leveraging Innovative Partnerships for Scale,” showcased transformative projects aimed at accelerating socio-economic development across the continent. A major highlight was the Presidential Investment Board Room for Nigeria, where investment projects worth $13.6 billion were unveiled.

These projects include a $975 million Special Agro-Industrial Processing Zones (SAPZ) Phase 2 project, spanning 28 states of Nigeria. The Honourable Minister emphasized Nigeria’s commitment to fostering sustainable development and innovative partnerships.

The Africa Investment Forum, organized by the African Development Bank Group, is recognized as the continent’s premier investment marketplace. It offers a unique platform for public-private partnerships and financial collaborations, enabling impactful deals to reach financial closure.

The event underscored Nigeria’s critical role in shaping the continent’s future through innovative partnerships and strategic investments. With the Africa Investment Forum, Nigeria is poised to drive investment and economic growth, ensuring that transformative projects deliver lasting impacts for millions of citizens.

(Diana Mary Nsan, SA Media To HMSFMITI)

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