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Lagos woos investors to consolidate leadership role in sub-Saharan Africa

Published 14 hours ago3 minute read

The Lagos State Commissioner for Commerce, Cooperatives, Trade, and Investment, Folashade Kaosarat Ambrose, has stated that the state government is attracting investment, harnessing talent, and building infrastructure that supports inclusive prosperity, thereby strengthening its leadership role in sub-Saharan Africa.

Addressing journalists on the forthcoming Lagos Investment Summit 2.0 on Monday, Ambrose disclosed that the state is also shifting from potential to performance, and planning to move from planning to implementation.

Saying the Lagos Investors Summit is more than a meeting, she added it is a platform for actionable collaboration that will bring together visionary investors, policymakers, industry leaders, development partners, and global stakeholders to explore bold solutions that will drive infrastructure expansion, unlock financing, deepen enterprise growth, and power digital innovation – all towards Making Lagos A 21st century Economy.

Ambrose added that the theme “Scaling Action: Bold solutions towards making Lagos a 21st century economy” reflects the state’s unwavering commitment to building a globally competitive economic powerhouse by shifting from dialogue to delivery.

Speaking further, she added, “The Lagos Investment Summit 2.0 would lead to the African Social Impact Summit, ASIS, co-convened by Sterling One Foundation and the United Nations in collaboration with Sterling Bank and Lagos State Government.

In addition, Ambrose disclosed that ASIS is a multi-sectoral platform dedicated to accelerating action on the Sustainable Development Goals (SDGs) in the country and across Africa.

She said, “The two-day summit has the objectives to establish a collaborative framework among the public/private sectors and the development community to create measurable impact through influence and advocacy; provide impact investment opportunities for social enterprises in critical sectors and vital need areas, thereby facilitating the scaling of outcomes in line with the SDGs and the African Union 2063 Agenda; while stimulating increased involvement of stakeholders across public and private sectors in developing policies to aid the speedy achievement of the SDGs and provide support for Africa’s new action plan.

“The Summit is Africa’s premium platform for accelerating the implementation of the SDGs. This year’s edition focuses on strengthening sub-national development, rethinking finance flows, and tackling structural inequalities through long-term investment and reform. The essence is to drive conversations on inclusive growth, Environment, Sustainability and Governance – ESG, climate resilience, health equity, education, youth empowerment, and social enterprises. As an event pivotal to spotlighting SDG progress and gaps across Africa, ASIS 2025 will promote partnerships, collaborations between governments, NGOs, development agencies, investors, and private sector to scale social impact.”

The events are scheduled to be held on July 9th 2025, for the Lagos Investment Summit 2.0, while the Africa Social Impact Summit will be held on July 10th and 11th, 2025, at Eko Hotels, Victoria Island, Lagos.

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The Guardian Nigeria News - Nigeria and World News
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