President Bola Ahmed Tinubu has stressed that transparency, accountability and strong governance remain critical to attracting sustainable investment, while urging African nations to unite in negotiating better economic deals on the global stage.
Speaking on the need for institutional credibility and continental cooperation, Tinubu said investment thrives only in environments where governments are open, responsible and forthright in their dealings.
“Investment is very cowardly unless you are transparent, accountable and forthright,” the Nigerian leader said, arguing that Africa must begin to leverage its collective strength and resources to secure more favourable terms internationally.
Tinubu further called for greater economic solidarity among African states, insisting that the continent can no longer afford fragmented negotiations with global financial powers and investors.
“Part of that is Africa looking at itself, putting our resources together so we can go out there and negotiate for ourselves,” he said.
The president also revealed that he had recently authored an opinion piece in the Financial Times, where he addressed concerns surrounding the influence and credibility of international rating agencies on developing economies.
His remarks come amid growing debates across Africa over debt ratings, foreign investment inflows and the continent’s push for a stronger voice in global financial institutions.
