The Federal Government of Nigeria has launched the ASIF Investment Platform, a major initiative aimed at driving cross-border investment in infrastructure, renewable energy, manufacturing, and healthcare across Africa.

The platform was officially unveiled during the 4th Annual Meeting of the Africa Sovereign Investors Forum (ASIF) held in Abuja, signaling Nigeria’s renewed push to lead regional economic transformation through capital mobilization and strategic reforms.

Designed to unlock large-scale investment opportunities, the ASIF platform seeks to reduce risks associated with mega-projects and establish a more attractive environment for both domestic and global investors.

By anchoring blended finance strategies and encouraging robust public-private partnerships, the initiative is expected to catalyze growth in key sectors while positioning sovereign investment funds as a central driver of Africa’s development agenda.

Speaking at the event, Managing Director and CEO of the Nigeria Sovereign Investment Authority (NSIA), Aminu Umar-Sadiq, underscored the potential of African sovereign wealth funds to power long-term development.

“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.

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President Bola Ahmed Tinubu, represented by Vice President Kashim Shettima, reaffirmed Nigeria’s leadership in driving the continent’s economic transformation.

He emphasized the need for regional cooperation and collective action, stating that platforms like ASIF reflect the government’s commitment to delivering inclusive, transformative development outcomes across Africa.

Also speaking at the launch, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, highlighted Nigeria’s readiness for large-scale investments, pointing to homegrown financing tools and reform-oriented policies.

“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,” Edun said.

Edun also praised several pioneering projects championed by the NSIA, including the Green Guarantee Company, the world’s first climate-focused guarantee institution, developed with the Green Climate Fund, FCDO, and USAID, which has already secured around $1 billion in climate-related guarantees.

He further cited Nigeria’s Infrastructure Debt Fund, managed by Chapel Hill Denham, as the country’s first and largest such fund mobilizing long-term capital from institutional investors to finance critical infrastructure.

Other standout collaborations mentioned include the World Bank’s 300 Initiative, launched alongside Africa50, the International Solar Alliance, and the UN’s Sustainable Energy for All, which is channeling capital into underserved communities through distributed renewable energy platforms.

The ASIF Investment Platform is expected to build on these successes and help shape a new era of African-led, investor-driven development.

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