September 28, 2018 - Spotlight Nigeria

Plenary Session One (Opening Plenary)

Investing in Nigeria: Looking beyond Oil and Gas When most investors think about Nigeria, they think first about the Country’s economy predominantly driven by the Oil and Gas Sector. Crude oil and petroleum products accounts for most Nigeria’s foreign exchange earnings, however Crude Oil sector contributes a small fraction of Nigeria’s GDP. In Q2 of […]

Plenary Session Two – Energy and Power

Nigeria’s total power generating capabilities are estimated around 13 GW, of which 16% accounts for hydro and 84% from fossil fuels. In reality, only half of the installed capacity is actually available due to outdated technology and poor maintenance of the grid As part of Nigeria’s energy strategy tagged “vision 30-30-30”, The government of Nigeria […]

Plenary Session Three – Creative Industry

Harnessing the business of creativity in Nigeria: focus on movie and entertainment industries The Nigerian Film Industry (Nollywood) is globally recognized as the second largest film producer in the world and one of the priority sectors identified in the Economic Recovery and Growth Plan (ERGP) of the Federal Government of Nigeria with a planned $1billion […]
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Plenary Session Four – Agribusiness and Fast Moving Consumer Goods

Meeting food and consumer demands: focus on value addition and processing In Nigeria, Agriculture will continue to be a stable driver of GDP growth, with a projected average growth rate of 6.9 percent over the Economic Recovery Growth Plan (ERGP) period. According to the ERGP, by 2020, Nigeria is projected to become a net exporter […]

Plenary Session Five – Real Estate, Hospitality and Construction

Investing in Nigeria’s Infrastructure boom: racing at the pace of the demand The Real Estate sector is Africa’s 5th largest contributor to the continent’s GDP and in Nigeria, it accounts for roughly about 8% of the country’s economy. According to the Federal Housing Mortgage Bank of Nigeria, Nigeria’s housing deficit is estimated at between 17 […]

Plenary Session Six – Digital and Technology

Taking part in the Nigerian silicon Valley story: opportunities for foreign investments, knowledge sharing, and strategic partnerships. Nigeria, representing one of the MINT countries, has experienced in recent times an increased level of foreign investments in the digital and technology sector, compared to other African countries. In 2017, the country raised ($114.6million) startup funding in […]

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