The federal government and Dangote Industries Limited have called for localised production and patient capital to unlock Africa’s economic potential.
This message was emphasised during the African Private Capital Association (AVCA) Week held in in Lagos, convening global investors, fund managers, policymakers and business leaders to explore investment opportunities and address Africa’s economic transformation challenges under the theme ‘Bold Moves: Powering 10x in Africa’.
The event featured keynote addresses from Minister of Industry, Trade and Investment, Jumoke Oduwole, and Aliko Dangote, Founder and CEO of Dangote Industries, with both emphasising the critical importance of localised production and patient capital in unlocking Africa’s economic potential.
The minister highlighted Nigeria’s commitment to transforming policy into performance, noting: “We are proud to be hosting the private capital ecosystem—bringing Africa and the world to Lagos, the commercial heartbeat of the continent—for a bold conversation about investment and economic opportunities that define the future. Nigeria is moving, and we want the world to move with us.”
