Lagos State is set to host what officials describe as the largest gathering of foreign investors from Commonwealth member countries in June 2026, following the formalisation of a strategic partnership with the Commonwealth
Enterprise and Investment Council (CWEIC).
Governor Babajide Sanwo-Olu and CWEIC Chief Executive Officer, Samantha Cohen, signed a Memorandum of Understanding on Thursday at a joint press conference held at the Lagos State House, Marina.
At the event, both parties announced that Lagos would host the 2026 Lagos Trade and Investment Summit, tagged “Invest in Lagos 3.0,” a two-day forum designed to connect the state with global capital and strategic partners across the Commonwealth.
Governor Sanwo-Olu said the collaboration reflects Lagos’ proactive response to evolving realities in the global capital market and underscores his administration’s determination to position the state as a competitive sub-national economy.
According to him, Lagos is not only seeking to attract investments but also to structure and convert them into measurable economic growth, job creation and infrastructure development.
No fewer than 600 investors, including development finance institutions and private sector players from across Commonwealth countries, are expected to attend the summit. The event will be held at the Eko Hotels & Suites Convention Centre in Victoria Island.
Cohen described the partnership as a significant step in deepening trade and investment ties within the Commonwealth network, noting that Lagos represents one of Africa’s most dynamic economic hubs.
Stakeholders say the summit is expected to showcase bankable projects in critical sectors such as infrastructure, technology, energy, healthcare and urban development, while strengthening Lagos’ standing as a leading destination for foreign direct investment on the continent.
With preparations underway, the state government expressed optimism that “Invest in Lagos 3.0” would further consolidate Lagos’ reputation as Nigeria’s commercial nerve centre and a gateway for international investors seeking opportunities in Africa.
