By Agatha Emeadi
A global investment firm, the Future Union Holdings has unveiled a $600 billion investment initiative, aimed at transforming key sectors across Africa.
The firm has also made Nigeria the central hub for the continent-wide development strategy.
Spokesperson for Future Union Holdings, Princess Adebowale Odutola, who is the Chairperson of Elan Vert Nigeria Limited, explained the vision behind the plan. She described the investment as one of the most ambitious in Africa’s recent history.
She stated that the investment would focus on six strategic areas, which are aviation, infrastructure, trade, gas, the blue economy, and mining, towards fuelling economic growth, generating millions of jobs, and enhancing regional integration across Africa.
Odutola said Nigeria’s status as Africa’s largest economy and regional leader makes it the ideal launch pad for the initiative.
“This $600 billion commitment is not just about financial investment. It is about building Africa’s future through strategic partnerships, sustainable development, and inclusive growth. Nigeria is at the heart of this vision,” Odutola said.
She added that there would be construction of a world-class aviation training school in Lagos, modernisation of airports, and investment in aircraft leasing and maintenance facilities. She added that the initiative would ensure completion of major roads, rail lines, bridges, and smart city projects to improve connectivity and industrial capacity.
“Trade investment, development of logistics hubs, cross-border e-commerce platforms, and trade partnerships will be installed to boost regional commerce. Other sectors like the oil and gas will utilise Nigeria’s natural gas reserves to drive clean energy initiatives and support industrialisation.
“Investment in coastal infrastructure, marine transportation, fisheries, and sustainable exploitation of ocean resources, is the target for the blue economy, with sustainable development of mineral resources using cutting-edge technology and environmentally responsible practices for the mining sector.”
