African Development Bank president Akinwumi Adesina said Nigeria has attracted $7.6 billion in investment interests at the Africa Investment Forum 2024, which took place last year in Rabat, Morocco, in December. 4-6.
Adesina, who was a former Nigerian agriculture minister, made this known in a statement on his X at the weekend.
Adesina expressed optimism on the positive impact of investment interests, not highlighting the participation of several Nigerian state governors at the forum.
“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 & boost investments in Nigeria,” his statement reads.
Media Talk Africa reports that the forum facilitated $29.2 billion in total investment interests for various projects on the African continent, spanning energy, infrastructure, agriculture, and technology sectors.
In December 2024, Wale Edun, Nigeria’s finance minister, said the country needs an annual investment of $20 billion to achieve its $1 trillion economy target by 2030.
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