The Federal Government of Nigeria has introduced the ASIF Investment Platform, a flagship initiative aimed at catalyzing high-impact investments in infrastructure, renewable energy, manufacturing, and healthcare across Africa.

Launched at the 4th Annual Meeting of the Africa Sovereign Investors Forum in Abuja, the platform is designed to mobilize local capital and attract global funding for transformative development across the continent.

The ASIF Investment Platform seeks to reduce the risks tied to large-scale projects and create a more attractive environment for investors.

It also promotes blended financing and strengthens collaboration between the public and private sectors to boost investment in key industries.

It will also promote investor-led growth and boost participation in Africa’s economic transformation.

Managing Director and CEO of the Nigeria Sovereign Investment Authority, Aminu Umar-Sadiq, highlighted the critical role of African sovereign wealth funds in driving transformative development across the continent.

“By uniting our collective resources, African sovereign wealth funds can become a formidable catalyst for transformative growth, economic resilience, and long-term prosperity,” he stated.

President Bola Ahmed Tinubu, represented by Vice President Kashim Shettima, reaffirmed Nigeria’s commitment to spearheading Africa’s economic transformation through strategic reforms and catalytic investment platforms.

He underscored the importance of collective action and regional collaboration among African nations to drive sustainable and transformative development.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, showcased Nigeria’s innovative financing approaches, including the NSIA-backed Infrastructure Debt Fund, the Green Guarantee Company, and a landmark U.S. dollar-denominated domestic bond issuance.

These initiatives reflect Nigeria’s investment readiness and strong potential for sustained economic growth.

“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 noted.

Edun highlighted key initiatives championed by NSIA, notably the Green Guarantee Company—the world’s first guarantee institution dedicated to climate-focused investments.

Established in partnership with the Green Climate Fund, FCDO, and USAID, the company has already facilitated around $1 billion in guarantees for climate-related projects.