Nigeria Beckons Global Investors to Tap Into Expanding African Opportunities
By Patience Ikpeme
The Federal Government has extended an invitation to global investors, urging them to explore the burgeoning economic opportunities within Nigeria, which it is positioning as a crucial gateway to Africa’s next phase of growth and innovation.
Addressing the 2025 Milken Institute Global Conference in New York, the Minister of State for Finance, Dr. Doris Uzoka-Anite, presented Nigeria as a nation undergoing a significant transformation. She spoke of strategic reforms that are unlocking key sectors for long-term investment and sustainable development.
Dr. Uzoka-Anite noted Nigeria’s active role in strengthening intra-African trade and investment connections under the African Continental Free Trade Area (AfCFTA), a continent-wide framework designed to accelerate industrialization and establish regional value chains.
According to the Minister, the phased implementation of AfCFTA will lead to a reduction in tariffs on 90 percent of goods traded within Africa. This will generate new pathways for businesses and investors across the continent.
She explained that Nigeria’s central position within the AfCFTA makes it increasingly attractive to investors in vital sectors such as agriculture, energy, the digital economy, infrastructure, mining, manufacturing, and healthcare.
“Nigeria is not merely seeking aid or short-term capital. We are looking for strategic partnerships that align with our long-term growth priorities and that recognize Africa as the next frontier for sustainable investment,” Dr. Uzoka-Anite stated.
The Minister drew attention to Nigeria’s dynamic startup ecosystem, describing it as one of the most vibrant on the continent. She identified fintech, agritech, edtech, health, and logistics as sectors with significant potential. She also pointed to the federal government’s ongoing support through regulatory reform, access to catalytic funding, and programs aimed at developing local talent.
“The government is dedicated to creating a favourable environment for innovation to flourish,” Dr. Uzoka-Anite said, adding that these efforts are intended to nurture early-stage companies and enhance their capacity for growth.
Dr. Uzoka-Anite also discussed Nigeria’s broader initiatives to make the country more appealing to investors. These include targeted improvements in infrastructure and streamlined trade processes. She explained that these reforms are designed to eliminate obstacles, reduce bureaucratic hurdles, and enhance competitiveness in key industries.
“Our investment climate is evolving. The policy direction is clear—Nigeria is open for business and ready for serious engagement with global investors,” she affirmed.