2024 US-Africa Business Summit: Lagos Govt. Invites Global Investors to Explore Vast Opportunities in the State
The Lagos State Government (LASG) has called on global investors to explore the massive opportunities in the state.
The Governor of the State, Mr. Babajide Sanwo-Olu made the call ‘following’ the state’s participation in the 2024 US-Africa Business Summit in Dallas on Wednesday.
“At the 2024 US-Africa Business Summit in Dallas, the Lagos State Government showcased its readiness for investment. With a focus on infrastructure, we invite global investors to explore the vast opportunities in Lagos, Africa’s booming economic hub.
“From health to education and agriculture, Lagos offers a stable platform for growth. The Lekki Deep Sea Port and a 200-hectare food hub project are set to revolutionize commerce and food security in the region.
“With strategic investments in rail, health, and housing, we’re geared up to support global partners looking to make a home in Lagos and we showcased this at the event. The newly launched red rail line alone will serve nearly 1 million Lagosians daily,” Mr. Sanwo-Olu stated.
He disclosed that the state’s commitment to fostering a tech-savvy environment is evident, stressing that over $3 billion has flowed into Lagos in recent years, nurturing a network of start-ups and unicorns valued at $5 billion.
The governor added: “We promise a conducive business environment with predictable returns. Delegates at the summit are already aligning with us for fruitful partnerships.”
The summit started on Monday, May 6 and will be concluded on Thursday, May 9, 2024.
