ASIF 2025: Tinubu Pledges Nigeria’s Commitment to Africa’s Economic Transformation

JOEL OLADELE, Abuja

L-R
Minister of Finance and and Coordinating Minister of the Economy, Wale Edun, Vice President Kashim Shettima, representing President Bola Tinubu and others, at the 4th Annual Meeting of the Africa Sovereign Investors Forum (ASIF), in Abuja on Monday.

President Bola Tinubu has reaffirmed Nigeria’s determination to lead Africa’s economic transformation through targeted reforms and catalytic investment platforms.

Tinubu stated this in Abuja on Monday in a strong show of commitment to Africa-led growth, while declaring the 4th Annual Meeting of the Africa Sovereign Investors Forum (ASIF) 2025 opened.

Represented by Vice President Kashim Shettima, the President emphasized the need for collective action and regional cooperation among African countries to achieve transformative development.

Tinubu also noted 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.

Earlier, in his  remarks, the Minister of Finance and Coordinating Minister of the Economy, 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.

The Managing Director and CEO of the Nigeria Sovereign Investment Authority (NSIA), Aminu Umar-Sadiq, echoed this ambition.

“NSIA is honoured to host sovereign wealth funds from across the continen. By uniting our collective resources, African sovereign wealth funds can become a formidable catalyst for transformative growth, economic resilience, and long-term prosperity,” he said

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.

Post Disclaimer

All rights reserved. This material and other digital content on this website are not and do not represent the stance of National Periscope but the statements of newsmakers mentioned therein.

For your detailed news reportage... contact the Editor at Joel2oladele@gmail.com

Leave a Reply

Related Posts
COP28: Tinubu rolls out 100 electric buses toward greener Nigeria

COP28: Tinubu rolls out 100 electric buses toward greener Nigeria Read more

Ohanaeze commends South East residents for shunning protests over economy hardship

Ohanaeze commends South East residents for shunning protests over economy Read more

Land Reforms to Create Jobs, Boost Revenue in Nigeria — Edun

Land Reforms to Create Jobs, Boost Revenue in Nigeria — Read more

Give Tinubu time to work, ailing Kokori begs NLC, TUC

Give Tinubu time to work, ailing Kokori begs NLC, TUC. Read more