Makinde Markets Oyo State to Global Investors at Africa Business Forum

Oyo State Governor, Seyi Makinde, recently attended the Africa Business Forum 2025 in Addis Ababa, Ethiopia, where he actively participated in a “Show and Tell” session. This platform enabled him to showcase Oyo State’s efforts in creating a favorable environment for investment and trade.¹

During the session, Governor Makinde emphasized the importance of the United Nations Economic Commission for Africa (UNECA) engaging more with subnational entities in Africa. He stressed that UNECA has a crucial role to play in supporting the development of subnational regions.

Governor Makinde also highlighted the benefits of participating in the Africa Business Forum, stating that it provided an opportunity to promote Oyo State as a prime investment destination to potential investors from across Africa and beyond. Furthermore, he met with financial organizations to secure funding for existing investors in Oyo State.

This development comes on the heels of Governor Makinde’s presentation of the 2025 budget estimate of N678 billion to the Oyo State House of Assembly, tagged the “Budget of Stabilisation”.² The budget aims to build on the 2024 “Budget of Economic Recovery” and focuses on improving the welfare of Oyo State residents and ensuring economic stability.