Igbinosun Calls for Stronger Project Preparation to Boost Africa Investment

By Admin, Lagos

President and Chief Executive Officer of the AfriCanada Economic Summit Group, Jackson Igbinosun, has called for stronger project preparation and improved investment readiness across Africa as part of efforts to attract more international financing into key sectors of the continent’s economy.

‎In a submission to the House of Commons Standing Committee on International Trade, Igbinosun identified the shortage of investment-ready projects as one of the major barriers limiting investment inflows into Africa.

He recommended a more structured approach to early-stage project development, improved feasibility studies and stronger preparation of infrastructure opportunities in sectors such as energy, infrastructure and agriculture.

‎“Strengthening project preparation is essential if Canada is to play a catalytic role in mobilizing investment and supporting sustainable economic growth across Africa,” Igbinosun said.

‎According to him, improving the quality and readiness of projects would position Canadian businesses and investors to participate in high-impact investments capable of driving long-term economic partnerships between Canada and African countries.

The recommendations followed insights from a high-level strategy session organised by the Canada Energy Alliance for Africa on May 13, 2026, featuring a senior technical consultant with experience working with multilateral institutions, including the World Bank.

‎The AfriCanada Economic Summit Group and the Canada Energy Alliance for Africa commended Igbinosun for what they described as a strong contribution to discussions on Canada-Africa economic cooperation, trade diversification and responsible investment across the continent.