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Dangote courts global lenders to boost infrastructure investment
Sopuruchi Onwuka
President and Chief Executive of the Dangote Group, Aliko Dangote, has stepped up engagement with global financial institutions, seeking to attract investment into Nigeria’s infrastructure and industrial sectors.
Speaking at the launch of the World Bank’s “Water Forward” initiative during the IMF World Bank Spring Meetings in Washington, D.C., Dangote highlighted the untapped economic potential of water systems when backed by private sector investment.
He argued that water infrastructure should no longer be treated solely as a social service, but as a driver of industrialization, job creation and broader economic growth across developing economies.
On the sidelines of the meetings, Dangote held talks with top global financial leaders, including Ajay Banga, Kristalina Georgieva and John Jovanovic.
The discussions centered on unlocking financing for large-scale infrastructure, expanding trade and supporting private sector-led growth in Nigeria and across Africa.
His outreach comes amid renewed momentum in Nigeria’s energy sector, with policymakers and investors increasingly focused on scaling industrial capacity and improving access to critical infrastructure.
The Spring Meetings bring together policymakers, central bank governors, business leaders and development partners from around the world to assess economic risks and explore pathways for sustainable growth.
