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‘2024 Lagos ASIS Summit Unlocked Over $100m Investments’

George Okojie by George Okojie
1 year ago
in News
LASG
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Lagos State government partner for the Africa Social Impact Summit (ASIS) on Monday disclosed that over $100 million in investments were realised from the summit in 2024.

At a press conference on Monday, the Commissioner for Commerce, Cooperatives, Trade, and Investment, Mrs. Folashade Ambrose, disclosed that the official announcement of the Lagos Investors Summit 2.0 and Africa Social Impact Summit (ASIS) 2025 will be made.

According to her, over 5,000 participants, including potential investors, policymakers, industry leaders, development partners, and global stakeholders, are expected to converge on Lagos to explore bold solutions that will drive infrastructure expansion, unlock financing, and deepen enterprise growth.

The theme of this year’s Lagos Investment Summit 2.0 is “Scaling Action: Bold Solutions Towards Making Lagos a 21st Century Economy,” which is derived from the general theme of the Africa Social Impact Summit: “Scaling Action: Bold Solutions for Climate Resilience and Policy Innovation.”

Ambrose stated that at the 2024 Summit, not less than 5,000 participants came together for the event, adding that because of the strategic importance of the event, more participants are expected for this year’s.

The commissioner said, “The Lagos Investment Summit 2.0 theme reflects our unwavering commitment to building a globally competitive economic powerhouse.

We are shifting from dialogue to delivery, potential to performance, and planning to implementation.

“The Lagos Investors Summit 2.0 is more than a meeting; it is a platform for actionable collaboration. It will bring together visionary investors, policymakers, industry leaders, development partners, and global stakeholders to explore bold solutions that will drive infrastructure expansion, unlock financing, deepen enterprise growth, and power digital innovation towards making Lagos A 21st-century Economy.

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“The Summit will be followed by a networking event where delegates can forge meaningful partnerships that will shape the future of the State’s economy. A key feature of the Summit is the Deal Rooms, where the State’s investment potential would be pitched to potential investors.

“This is expected to be anchored by political heads in the various Ministries, Departments and Agencies, MDAs and other senior government representatives.’’

In her remarks, Special Adviser to Governor Sanwo-Olu on Sustainable Development Goals, SDG, Dr Oreoluwa Finnish said, “We are here for SDG 17. No single entity can do it alone for us to achieve the goals. Everything Lagos does is to be done sustainably.”

Chief Executive Officer, Sterling One Foundation, Ms Peju Ibekwe, corroborated that Africa Social Impact Summit had last year unlocked over $100 100million in terms of investment, adding that, “there is no better time than now to accelerate those solutions to the next level. We look forward to scaling action together.”

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George Okojie

George Okojie

George Okojie is a journalist and author with Leadership Media Group, with extensive writing on political and environmental issues spanning thousands of published articles.

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