The Lagos State Government, in partnership with Sterling One Foundation, will tomorrow hold the second edition of Invest Lagos, a key pre-event ahead of this year’s Africa Social Impact Summit (ASIS).
The main summit will take place from July 10 to 11 at the Grand Ballroom and Eko Convention Centre of Eko Hotels and Suites, Victoria Island, Lagos, with activities scheduled to begin at 8:00 a.m. daily.
Speaking during a press conference at the Press Centre, Alausa, Ikeja, Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Bada Ambrose, described Invest Lagos 2.0 as a strategic platform designed to attract investment, strengthen business partnerships, and position Lagos as a leading economy in Africa.
She said the event, themed “Scaling Action: Bold Solutions Towards Making Lagos a 21st Century Economy,” aligns with the state’s broader development goals and Governor Babajide Sanwo-Olu’s T.H.E.M.E.S+ agenda. According to her, the summit aims to move beyond discussions into practical steps that will drive economic growth and bring long-term value to the state.
Ambrose stated that a major highlight of the event will be the Deal Rooms—dedicated spaces where commissioners and top government officials will present investment opportunities to both local and international investors. These sessions are expected to foster serious engagements and lead to real investment deals across key sectors.
She identified several sectors the state is focusing on, including infrastructure, transport, technology, healthcare, energy, real estate, agribusiness, entertainment, and marine economy. According to her, the goal is to attract partnerships that will unlock value across these areas and deliver benefits to residents.
The Commissioner also announced that Lagos will later this year unveil a new industrial policy; Lagos State Industrial Policy (LSIP 2025–2030 ) which is expected to serve as a roadmap for enhancing productivity, attracting investment, and boosting competitiveness in the state’s industrial sector.
Also speaking at the event, Chief Executive Officer of Sterling One Foundation, Peju Ibekwe, described Lagos as one of the top investment destinations in Africa. She recalled that last year’s summit generated over $100 million in impact investments, including the signing of a multi-million dollar memorandum of understanding between Lagos and the Abu Dhabi Ports Authority.
She expressed confidence that this year’s event will result in even more investment partnerships, with a focus on practical solutions and scalable projects that can support Lagos’ long-term growth.
