President Bola Tinubu has declared open the 4th Annual Meeting of the Africa Sovereign Investors Forum (ASIF) in Abuja, pledging Nigeria’s commitment to driving economic transformation across the continent.
Speaking on the President’s behalf, Vice President Kashim Shettima emphasised the need for regional cooperation and collective action among African nations to foster inclusive and sustainable development.
The three-day event, hosted by the Federal Ministry of Finance from 15–17 June, brings together sovereign wealth funds, institutional investors, and policymakers from 17 African countries.
It is held under the theme ‘Leveraging African Sovereign Wealth Funds to Mobilise Global Capital for Transformative Development.’
President Tinubu reaffirmed his administration’s focus on mobilising innovative capital and promoting regional partnerships through targeted reforms and strategic investment platforms.
In his address, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, called for a shift from stabilisation to strategic investment.
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He urged African nations to position their sovereign wealth funds as tools for long-term economic transformation.
“Africa must lead its own industrialisation. By mobilising domestic capital and aligning with global partners, we can move from a future defined by potential to one built on performance,” Edun said.
He highlighted Nigeria’s leadership in developing innovative financing tools such as the NSIA-backed Infrastructure Debt Fund, the Green Guarantee Company, and a landmark US-dollar domestic bond issuance, positioning the country as investment-ready.
The Managing Director and CEO of the Nigeria Sovereign Investment Authority (NSIA), Aminu Umar-Sadiq, described the summit as a turning point for African sovereign wealth funds.
“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 stated.
A major highlight of the summit was the launch of the ASIF Investment Platform, a new vehicle aimed at unlocking cross-border investments in infrastructure, renewable energy, manufacturing, and healthcare.
For Nigeria’s private sector, ASIF 2025 represents a new chapter in de-risking large-scale projects, promoting blended finance, and creating a fertile environment for investor-led growth across Africa.
