Lagos Seeks Stronger Africa Investment Partnerships

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The Lagos State Government has reaffirmed its commitment to building strategic partnerships that combine capital, innovation, expertise, and market access to drive sustainable economic growth and African prosperity.

Eko Hot News reports that the commitment was made by the Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Bada Ambrose-Medebem, during the Nigeria-Mauritius Business Forum held in Lagos.

The forum was organised by the Economic Development Board Mauritius, the Mauritius International Financial Centre, EnterpriseNGR, and the Lagos International Financial Centre (LIFC).

The event was themed, “Mauritius: Your Strategic Platform for Nigerian Capital, Growth, and Global Expansion.”

Mrs. Ambrose-Medebem described the gathering as more than a business forum, noting that it represented a convergence of leadership, strategy, investment opportunities, and continental collaboration.

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She emphasized the need for stronger intra-African partnerships capable of positioning African economies for greater competitiveness in the global market.

According to the Commissioner, Africa’s long-term economic future depends on how effectively nations collaborate, integrate, and create shared economic value across borders.

She noted that the African Continental Free Trade Area (AfCFTA) presents new opportunities for African countries to strengthen investment mobility and deepen regional trade.

Mrs. Ambrose-Medebem stressed that African institutions must begin to think beyond national boundaries to support enterprise growth and cross-border expansion.

She explained that improving African capital networks and institutional partnerships would help businesses scale confidently across the continent and internationally.

The Commissioner further stated that Lagos State remains fully aligned with this continental economic vision through policies and reforms that encourage investment and innovation.

She added that the administration of Governor Babajide Sanwo-Olu and Deputy Governor Dr. Obafemi Hamzat continues to prioritize enterprise development and inclusive economic growth.

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Mrs. Ambrose-Medebem highlighted the strategic importance of the Lagos International Financial Centre initiative in positioning Lagos as Africa’s leading financial and investment destination.

She said the initiative is designed to attract credible regional and global partnerships capable of creating jobs and supporting long-term economic prosperity.

According to her, the Lagos State Government remains focused on strengthening innovation ecosystems and empowering young entrepreneurs across the state.

She noted that sustainable partnerships are critical for unlocking new opportunities in finance, trade, technology, and infrastructure development.

The Commissioner also stated that Lagos continues to welcome investors seeking stable and growth-oriented markets within Africa.

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Stakeholders at the forum discussed strategies for expanding trade cooperation between Nigeria and Mauritius while improving access to international financial systems.

Participants also explored opportunities for investment collaboration that would support economic diversification and regional integration.

The event reinforced ongoing efforts to position Lagos as a major gateway for African and global business expansion.

Eko Hot News notes that the Lagos State Government has continued to pursue policies aimed at strengthening the state’s economic competitiveness and investment attractiveness.

The forum also aligns with the Lagos State Development Plan 2052 and the THEMES+ Agenda focused on economic transformation and sustainable development.

Officials expressed optimism that stronger partnerships between African economies would accelerate growth, innovation, and prosperity across the continent.

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