Nigeria’s Tinubu begins tour to France, Kenya, and Rwanda
Will attend Africa-France Summit and Africa CEO Forum on investment
Visit aims to boost economic ties and attract foreign investment
Nigerian President Bola Ahmed Tinubu began a diplomatic tour on Sunday to France, Kenya and Rwanda, the presidency said.
In Kenya, Tinubu will attend the Africa-France Summit on Monday and Tuesday, where leaders will address economic and social challenges across the continent. The summit “focuses on energy transition, green industrialisation, digital transformation, restructuring of global financing architecture, and climate action,” the statement said.
In Rwanda, Tinubu will take part in the Africa CEO Forum on Thursday and Friday, bringing together business leaders and policymakers to discuss investment opportunities and economic growth.
“At the two summits, President Tinubu will deliver statements highlighting his administration’s ongoing reforms to reposition the nation as a prime destination for investment and growth,” the presidency said.
The visit is part of efforts to deepen economic ties and attract foreign investment through increased engagement with international leaders and investors. These efforts include macroeconomic stabilisation, tax incentives and one-stop shops to simplify procedures for investors.
In January, Nigeria unveiled a growth acceleration plan aimed at boosting employment and investment.
Part of the second phase of the president’s economic reforms, the plan seeks to move the economy from stabilisation into an expansion phase. According to the government, it is expected to put Nigeria on track to reach a $1 trillion GDP by 2036, a target that will require mobilising both foreign and domestic investment.
Lydie Mobio
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