Afreximbank Meetings, Nigeria-EU Forum Lead Major Business Events Shaping Nigeria’s Economy This Week
Nigeria’s business landscape is set for a busy week as major economic and investment-focused events take center stage across Africa. Leading the agenda is the 33rd Annual Meetings of the African Export-Import Bank (Afreximbank) in Egypt, alongside the 10th Nigeria-EU Business Forum and the Africa Technology Expo in Lagos. These gatherings are expected to shape conversations around trade, investment, industrialisation, technology, and economic growth on the continent.
Afreximbank’s annual meetings, taking place from June 21 to June 24 in El Alamein, Egypt, will bring together African leaders, policymakers, investors, and development partners under the theme, “Intra-African Trade and Industrialisation: Pathway to Economic Sovereignty.” Discussions will focus on strengthening regional value chains, boosting industrialisation, and reducing Africa’s dependence on raw commodity exports. Afreximbank President George Elombi emphasized the need for African countries to invest more in local processing industries and regional trade to achieve sustainable economic growth and shared prosperity.
Attention will also turn to Lagos on June 25 as the Nigeria-EU Business Forum convenes government officials, financiers, and private sector stakeholders from both regions. The forum aims to unlock investment opportunities in critical sectors including digital infrastructure, renewable energy, healthcare, transportation, and agriculture. Organisers say the event will further strengthen economic ties between Nigeria and the European Union while promoting sustainable and green investment initiatives that support long-term development.
The technology sector is equally poised for significant activity as the Africa Technology Expo (ATE) 2026 opens in Lagos on June 26 and 27. Organisers project that the event could facilitate up to $890 million in investments, partnerships, and business deals. With conversations centered on artificial intelligence, fintech, digital infrastructure, and emerging technologies, the expo is expected to attract startups, investors, and policymakers seeking to accelerate innovation and expand Africa’s digital economy.
Meanwhile, regulatory developments continue to shape Nigeria’s business environment. The Central Bank of Nigeria recently assigned the Cawthorne and Okwok crude oil terminals to Swede Control Intertek Limited for pre-shipment inspection services. In addition, the Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) have introduced stricter ownership regulations for telecom operators, requiring prior approval for share transfers exceeding 10 percent. The move is designed to strengthen regulatory oversight, protect market competition, and ensure transparency within Nigeria’s telecommunications sector.
source: The cable