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Firm targets $50bn in foreign investments to accelerate Nigerian projects

Woodhall Capital, a financial advisory firm, has announced plans to attract $50 billion in global investments aimed at accelerating development projects across Nigeria.

Mojisola Hunponu-Wusu, founder of Woodhall Capital, in a recent interview, spoke about the firm’s growing momentum in mobilising international capital.

Hunponu-Wusu said a pre-investor forum at the Presidential Villa in Abuja marked a key milestone, with representatives from all 36 Nigerian states engaging global investors and development finance institutions (DFIs).

She said the firm will sign a memorandum of understanding (MoU) with the Forum of State Investment Promotion Agencies (FoSIPAN) and the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) to boost partnerships.

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The founder noted that Woodhall Capital is launching a multi-city investment roadshow to key financial hubs like London, Dubai, and potentially Abu Dhabi, unlocking new financing opportunities.

Hunponu-Wusu said at the pre-investor forum, the firm showcased Nigeria’s vast investment potential, identified viable opportunities, and emphasised African direct investments’ role in boosting self-reliance and investor confidence.

“When we invest in ourselves, we send a powerful message to the world about our confidence and capabilities,” she said.

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The founder lauded the Nigeria Governors’ Forum’s efforts and acknowledged the positive shift in Africa’s investment climate under President Bola Tinubu’s leadership.

“Africa is rich in talent and resources, and governments are increasingly open to strategic partnerships,” she said.

“This is the environment that encourages firms like ours to pursue global investment opportunities.”

She noted that the firm is launching the Woodhall Africa Trade Gateway, a digital platform for intra-African trade, developed in partnership with the African Export-Import Bank (Afreximbank).

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Hunponu-Wusu added that the company plans to visit all 36 Nigerian states to assess investment opportunities and collaborate with state governments to attract international investors.

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