The Federal Government of Nigeria has affirmed its support for the West Africa Industrialisation, Manufacturing & Trade (IMT) Summit and Exhibition, positioning the event as a key driver for deeper regional economic cooperation and industrial transformation. The summit, held from May 27 to 29 in Lagos, convened more than 2,500 participants from over 25 countries, including high-level policymakers, industry leaders, and international investors.
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The summit focused on accelerating sustainable industrial development across West Africa, at a time when the region contributes just a small fraction to global manufacturing and economic output. Through a series of dialogues, workshops, and exhibitions, the event aimed to promote cross-border investment, improve intra-African trade, and drive infrastructure and technology partnerships in sectors such as energy, logistics, chemicals, agribusiness, automotive, and pharmaceuticals.
Participants explored new frameworks for enhancing manufacturing value chains and industrial capacity, while emphasizing regional collaboration as essential to overcoming shared barriers. These include persistent infrastructure deficits, access to financing, limited industrial diversification, and climate vulnerabilities that impact supply chains and resource management.
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The Lagos summit also spotlighted recent strategic investments across the region, including major industrial zones and energy projects in Nigeria, Ghana, Côte d’Ivoire, and Senegal. These initiatives highlight the growing appetite for industrial expansion in West Africa, alongside the need for coherent policies and public-private partnerships to sustain long-term growth.
As regional economies seek to move beyond raw commodity exports toward value-added production and innovation-led development, the West Africa IMT Summit marked a significant step toward aligning national goals with a broader regional agenda for inclusive, sustainable growth.