A man in a blue suit and glasses speaks at a conference on African economic progress.
Dr. Akinwumi Adesina, the president of the African Development Bank (AfDB), has revealed that the Africa Investment Forum (AIF) 2024 secured $7.6 billion in investment interest for Nigeria. The West African country emerged as a key highlight of the event, held in Rabat, Morocco, with several state governors presenting investment-ready projects across different sectors, including infrastructure, energy, agriculture, and technology. The AIF, launched in 2018, seeks to mobilize investments for projects accelerating the continent’s economic transformation. With its flagship event, Market Days, the AfDB connects project sponsors and investors to government leaders and policymakers. The event yielded a total of $29.2 billion in investment interest for Africa, demonstrating its effectiveness as well as Nigeria’s growing appeal to investors.
Source: Nairametrics