The United Kingdom is targeting £9 billion in new capital flows into African frontier markets, including Nigeria, under a five-year investment strategy led by British International Investment. The plan signals a shift toward mobilising private sector funding to drive economic growth in underserved regions. British International Investment is expected to commit nearly £5 billion, with the balance to be sourced from global and African private investors.
The initiative is designed to channel funding into sectors and markets where access to capital remains limited. UK officials say the strategy reflects a move away from traditional aid toward long-term partnerships that combine investment, technical expertise and policy support. The approach is expected to help businesses expand and create jobs across participating countries.
British International Investment says it will deepen its focus on frontier markets, with at least a quarter of new investments directed to the least developed countries. The institution also plans to allocate 40 percent of its portfolio to climate finance, supporting renewable energy, electricity networks and clean energy access. This effort aligns with broader goals to expand electricity access to millions across Africa by the end of the decade.
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The strategy will prioritise sectors such as financial services, power, transport, trade, digital infrastructure and sustainable industries. It comes amid growing economic engagement between the United Kingdom and Nigeria, following recent trade missions and investment discussions involving dozens of British companies. The planned investment push is expected to strengthen bilateral ties and unlock broader economic opportunities across the continent.
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