The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, at the weekend disclosed that Nigeria secured $7.6 billion in investment interests at the three-day Africa Investment Forum 2024, which held in Morocco from December 4-6 last year.
The development finance expert, who made the disclosure in a post on his X (formerly Twitter) account on Saturday, projected about the potential positive impact of the investment interests on the nation’s economy.
The post reads: “I am delighted the Africa Investment Forum 2024 mobilised $7.6bn of investment interest for Nigeria. It was great to have several state governors: Lagos, Kaduna, Kastina, Kwara and Plateau, and (later) Ogun. We will keep working to support and boost investments to Nigeria.”
The AIF, which was established by the AfDB and its partners, is a forum that is designed to fast-track investments into projects in the various countries in the continent.
The 2024, which was attended by the governors of Kaduna, Katsina, Kwara and Lagos stated also featured over 2,300 participants from various countries, including leading organized private sector (OPS) players and representatives of many governments.
Available data reflected that at the end of the event, over $29.2 billion total investment interests were secured for critical projects across key sectors, including mainly energy, infrastructure, technology and agriculture, among others.
