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Now live! Explore the program for the upcoming 2024 Global Conference, taking place May 5-8, 2024.

A Brighter Future for the Giant of Africa? Building the Institutional Investor Base to Finance Sustainable Economic and Financial Transformation in Nigeria (Invite only)

Friday, December 8, 2023
A Brighter Future for the Giant of Africa? Building the Institutional Investor Base to Finance Sustainable Economic and Financial Transformation in Nigeria (Invite only)
2023 MEA Summit
2023 MEA Summit

A Brighter Future for the Giant of Africa? Building the Institutional Investor Base to Finance Sustainable Economic and Financial Transformation in Nigeria (Invite only)

Friday, December 8, 2023
03:15 PM - 04:15 PM
Abu Dhabi Rosewood - Bailasan

Nigeria is Africa’s largest economy and one of the continent’s most closely watched markets. Since the election victory of Bola Tinubu, significant changes are being made whose impacts will not only be felt domestically but across the continent and the globe. With the cutting of fuel subsidies, the unification of foreign exchange markets, and even the possible partial sale of the national power utility, a new Nigeria may be on the horizon, and markets have responded accordingly.  

What happens next? With major reforms seemingly increasing investor confidence, how will that confidence be translated into dollars? In particular, how can foreign investors as well as Nigeria’s growing domestic institutional investor base be better mobilized to ensure that finance flows towards those sectors that need it the most, such as long-term infrastructure and sustainability projects? How can Nigeria best position itself not only to attract these flows but also to ensure that they deliver on growth, and what experiences from other countries can it draw on? Leveraging insights from Nigeria as well as from other markets, this private session will consider how government can best capitalize on the current uptick in investor sentiment, and also examine the responsibilities of domestic and foreign institutional investors in bringing about much-needed long-term investments and continued prosperity across Africa. 

Moderator
Jingdong Hua
Vice-Chair, International Sustainability Standards Board (ISSB)
Speakers
Miguel Azevedo
Managing Director, Chairman of Investment Banking Middle East and Africa, Citigroup
Chinua Azubike
CEO, InfraCredit
Ndidi Nnoli-Edozien
Co-Founder, ToroNet; President and Founder, Growing Businesses Foundation
Aymeric Saha
CEO, MiDA Advisors