Edo State Government has signed a landmark agreement with the European African Chamber of Commerce and Industries, EuroAfrica CCI, a coalition of chambers of commerce spanning ninety-eight countries across Europe and Africa.
The agreement was signed during the 2025 Edo State Global Investment Summit which took place in Glasgow, Scotland, United Kingdom.
In a statement signed by the Chief Press Secretary to Governor Monday Okpebholo, Fred Itua, the agreement establishes a framework for strategic investment in Edo State with Euro-Africa CCI committing to inject 250 million dollars over a period of three to five years.
Under the agreement, investments will be channelled into key sectors including agriculture and agro-processing, mining and solid minerals, technical education and skills training, renewable energy, and green infrastructure.
The statement reaffirmed Governor Okpebholo’s commitment to creating an enabling business environment through streamlined registration processes, transparent land administration, and where applicable, tax incentives.
Director General, EuroAfrica CCI, Dr. Kingsley Obasohan pledged to work in line with Edo State and Nigeria’s local content policies to guarantee investments which will directly empower Edo citizens by building capacity, creating employment, and expanding industrial value chains.
This partnership reaffirms Monday Okpebholo administration’s resolve to position Edo State as a premier destination for investment in Nigeria, ensuring that inclusive economic growth and human capital development remain at the heart of governance.
The agreement will run for an initial period of five years with regular joint review mechanisms to monitor progress and ensure mutual accountability.
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