Nigeria launches digital platform to bridge $100bn infrastructure gap

The platform, which is backed by global partners, is designed to channel fresh capital into critical infrastructural projects.
By Samuel Olomu, Nigeria correspondent
Johannesburg, 20 Aug 2025
Governors gather at the launch of the NGF Investopedia.
Governors gather at the launch of the NGF Investopedia.

The Nigeria Governors’ Forum (NGF) has launched a digital platform to attract local and international investors to Nigeria’s sub-national infrastructure projects and close the country’s estimated $100 billion annual financing gap.

Unveiled on Tuesday in Abuja, Investopedia will serve as a transparent “one-stop shop” for investment opportunities across Nigeria’s 36 states, said the forum, offering detailed project information and clear entry points for prospective investors.

NGF chairman and Kwara State Governor, Abdulrahman Abdulrazaq, described the initiative as a “strategic tool to unlock Nigeria’s full potential by mobilising global and African capital for critical infrastructure”.

He stressed that the platform should be seen as more than an investment catalogue, but a gateway that combines opportunities with guidance and institutional oversight.

Investopedia is backed by partnerships with the African Export-Import Bank (Afreximbank), the United Nations Development Programme (UNDP), and the Ministry of Finance Incorporated (MOFI).

NGF director-general, Abdulateef Shittu, hailed the launch as a “new dawn” for sub-national investment readiness, noting that Nigeria attracted only $1.87 billion in foreign direct investment in 2023, well below Africa’s average.

By curating a pipeline of bankable projects, he said the platform would boost investor confidence and expand Nigeria’s global visibility.

Shittu added that beyond financing, the platform would foster technical partnerships, capacity-building, and risk mitigation, laying the groundwork for sustainable economic growth.

“This is about more than funding, it is about actionable, bankable projects that will drive jobs, inclusive growth, and long-term prosperity,” he said.

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