By Our Reporter
IKEJA (PRECISE POST) – The Lagos State Government has reaffirmed its commitment to building strategic partnerships that combine capital, innovation, expertise, and market access as key drivers of sustainable economic growth and prosperity across Africa.
The Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Bada Ambrose-Medebem, stated this during the Nigeria-Mauritius Business Forum held in Lagos.
The forum, themed “Mauritius: Your Strategic Platform for Nigerian Capital, Growth, and Global Expansion,” was organised by the Economic Development Board Mauritius, the Mauritius International Financial Centre, EnterpriseNGR, and the Lagos International Financial Centre (LIFC).
According to the statement released on the official X handle of the Lagos State Government on Monday, the commissioner hinted that the gathering underscored the growing need for stronger intra-African collaboration capable of positioning African economies to compete more effectively on the global stage.
Ambrose-Medebem described the forum as more than a business gathering, noting that it represented a convergence of leadership, strategy, vision, and opportunity for the continent.
She said Africa’s economic future would depend largely on how effectively countries collaborate, integrate, and create shared value across borders rather than pursuing isolated national successes.
The commissioner stressed that as the African Continental Free Trade Area (AfCFTA) gains momentum, African institutions must begin to think beyond national boundaries by strengthening African capital networks, improving investment mobility, and building institutional partnerships that will enable African enterprises to scale across the continent and internationally.
She further stated that Lagos State, under the leadership of Governor Babajide Sanwo-Olu and Deputy Governor Obafemi Hamzat, remains aligned with the continental vision through reforms and policies aimed at promoting investment, innovation, enterprise development, and inclusive economic growth.
Ambrose-Medebem added that the state government continues to strengthen the Lagos International Financial Centre initiative as part of efforts to position Lagos as Africa’s leading financial and investment hub.
She also reiterated the government’s readiness to embrace credible regional and global partnerships capable of creating jobs, empowering young people, deepening innovation ecosystems, and accelerating long-term prosperity in line with the Lagos State Development Plan 2052 and the THEMES+ Agenda.
