Dangote investments powering Africa’s industrialisation — AFC

The Africa Finance Corporation's CEO, Samaila Zubairu, has highlighted the critical role played by the Dangote Group's sustained investments across Africa in unlocking the continent's economic potential. At the Lagos Economic Summit, Zubairu emphasized that these investments are contributing to job creation, promoting import substitution, conserving foreign exchange, and enhancing Africa's economic competitiveness.

The summit also underscored the importance of industrialisation as the most effective path to sustainable economic development, with a call for better alignment of trade and industrial policies to support local manufacturers in competing effectively.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.