Business
From Talk to Tangible Gains: The New Nigeria–Brazil Connection
Nigeria and Brazil: A Partnership of Equals in a Changing World
By Abdulkabir Adisa, CEO, Matrix Energy Group
When President Bola Ahmed Tinubu walked side by side with President Luiz Inácio Lula da Silva in Brasília last week, it was more than the choreography of diplomacy. It was the meeting of two nations whose histories are intertwined and whose futures beckon toward shared prosperity.
Nigeria and Brazil are not strangers. Both are continental giants, blessed with human capital, natural resources, and the weight of history. Decades ago, our economies stood on almost the same starting line. Today, Brazil is an agricultural and industrial powerhouse, while Nigeria is at the cusp of rewriting its trajectory under a reform-driven leadership.
I was also privileged to attend the Nigeria–Brazil Business Forum, where entrepreneurs, investors, and policymakers from both countries met with candour and focus. The conversations were not vague expressions of goodwill; they were practical discussions about projects, technology, and investment opportunities. It was clear to me that Brazil sees Nigeria as a strategic partner in energy, aviation, agriculture, and trade.
Earlier, at the state luncheon hosted by President Lula at the grand Itamaraty Palace, the symbolism was profound. The setting was elegant, the hospitality warm, and the camaraderie between bith president very obvious but what stood out was the genuine respect between hosts and guests. It was a reminder that partnerships are not only built on agreements, but also on trust and friendship.
This visit was not ceremonial. It produced tangible steps forward. Petrobras signalled readiness to return to Nigeria’s energy sector. Embraer announced plans for a service centre in Nigeria, strengthening our aviation industry and lowering operational costs. Air Peace and Caverton Air are preparing to launch direct passenger and cargo flights between Lagos and São Paulo, opening a vital corridor for trade, tourism, and people-to-people ties. Partnerships in agro-processing, Science and Technology, fertiliser production amongst others are getting the needed push.
Each of these commitments carries weight. They will create jobs, expand markets, and link our economies in ways that go beyond talk.
The baton now passes to the private sector. Government has opened the doors; it is up to us to walk through them. Nigerian firms must seize the chance to collaborate with Brazilian counterparts in agribusiness, logistics, energy, and technology. At Matrix, we are already exploring avenues to deepen our footprint from oil and gas to energy, fertiliser production and agriculture through these emerging opportunities.
Beyond trade, this visit represents something larger. It represents a rebalancing of global relations. For too long, Africa has been spoken of, rather than spoken with. Nigeria’s engagement with Brazil is part of a broader effort to ensure that the Global South speaks for itself, builds bridges within itself, and takes its rightful place at the global table.
President Tinubu’s reforms at home through currency unification, subsidy removal, and fiscal discipline are tough but necessary. Abroad, his diplomatic engagements are signalling that Nigeria is serious, competitive, and open for business. For those of us who sat in the rooms in Brasília, the message was unmistakable: this is a new Nigeria, ready to lead and ready to learn.
The visit should not be seen as just another stop in the presidential calendar. It should be remembered as the moment Nigeria declared itself a partner of equals in a changing world. If Brazil could move from food insecurity to global leadership in agriculture and energy within a generation, so too can Nigeria.
History may well record that in the bilateral at the Presidential palace, the conference halls of the business forum, and over lunch at Itamaraty Palace, a new chapter began—one of shared prosperity, mutual respect, and partnership between Nigeria and Brazil.
• Abdulkabir Adisa Aliu, FNSE is the Founder and Chief Executive Officer of Matrix Energy, a leading Nigerian energy and trading company with business interests spanning oil and gas, shipping, fertiliser production, agriculture, and mining.
Business
Aare Adetola EmmanuelKing Felicitates Olofin of Ilisan Remo on 86th Birthday
Aare Adetola EmmanuelKing Felicitates Olofin of Ilisan Remo on 86th Birthday
The Borokinni of Ilishan Remo, Sir Aare Adetola EmmanuelKing KOF, has extended warm birthday felicitations to the Olofin of Ilisan Remo, His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, as the revered monarch celebrates his 86th birthday anniversary.
In a statement released to commemorate the royal father’s birthday, Aare Adetola EmmanuelKing described the monarch as a symbol of peace, wisdom, progress, and exemplary royal leadership, whose reign has continued to bring honor and development to Ilisan Remo.
According to him, since ascending the revered throne of his forefathers, the Olofin has consistently demonstrated purposeful leadership and unwavering commitment to the unity, growth, and cultural advancement of the kingdom, while fostering peace and harmony among the people.
He further noted that the monarch’s reign has inspired pride and confidence among indigenes of Ilisan Remo both at home and in the diaspora, adding that Kabiyesi’s dedication to community development and preservation of tradition remains highly commendable.
The Borokinni prayed for continued divine grace, sound health, long life, and greater wisdom for the royal father as he continues his impactful reign on the throne of his ancestors.
“On behalf of my family, associates, and well-wishers, I heartily congratulate His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, the Olofin of Ilisan Remo, on the joyous occasion of his 86th birthday. May Almighty God continue to strengthen Kabiyesi with peace, sound health, and many more years of fruitful reign,” he stated.
Business
Aliko Dangote Foundation, WEF Unveil 2026 YGL Aliko Dangote Fellows
Aliko Dangote Foundation, WEF Unveil 2026 YGL Aliko Dangote Fellows
…Spotlighting Africa’s Next Generation of Change Leaders
World Economic Forum (WEF) in partnership with the Aliko Dangote Foundation (ADF) has announced the 2026 cohort of the Young Global Leaders (YGL) Aliko Dangote Fellows, highlighting a new generation of African leaders committed to expanding opportunity and strengthening institutions across the African continent.
The Fellowship serves as a critical bridge between Africa’s emerging changemakers and the global Young Global Leaders network, fostering collaboration, knowledge exchange, and sustainable development. The YGL Aliko Dangote Fellowship supports high-impact African leaders by enabling their full participation in the Forum of Young Global Leaders (YGL) programme and broader WEF activities.
WEF said the 2026 YGL Aliko Dangote Fellows represent diverse professional backgrounds spanning healthcare, technology, entrepreneurship, and advocacy across sub-Saharan Africa. The newly selected fellows are Dr. Esperance Luvindao; Charlot Magayi, Founder of Mukuru Clean Stoves; Rewa Udoji, Founder of Cranstoun; Dr. Stephen Modise; Dr. Musa Kika; Hatim Eltayeb; Kemi Lala Akindoju; and Vimbai Masiyiwa.
With a strong emphasis on empowering women leaders, the Fellowship is designed to support Africans shaping solutions to pressing social and economic challenges while strengthening leadership capacity across key sectors.
Over the past 14 years, the Aliko Dangote Foundation–powered Fellowship has supported more than 130 young African leaders, providing access to Davos meetings, executive education opportunities, and influential peer networks that amplify African voices on the global stage.
Commenting on the announcement, Fatima Aliko Dangote, Trustee of the Aliko Dangote Foundation and Group Executive Director, Oil & Gas, Dangote Industries Limited, described the 2026 fellows as “leaders who will expand opportunity and strengthen institutions, advancing Africa on its own terms.”
She added: “Africa’s future will be defined by the strength of its people. When the right leaders—especially women—are empowered and given a global voice, they do not just lead; they reshape what is possible. That is why we invest in people: because it is the surest path to lasting global prosperity, stability, and self-determination. The 2026 cohort embodies this vision.”
According to her: the 2026 YGL Aliko Dangote Fellows represent that future leaders who will expand opportunity and strengthen institutions, advancing Africa on its own terms while helping define a world whose future will be shaped by the continent.
She explained that the idea behind the YGL Aliko Dangote Fellowship is to cultivate, empower, and support exceptional African leaders under 40, ensuring they have the resources to participate in the World Economic Forum (WEF)’s Young Global Leaders (YGL) community. It specifically aims to accelerate their impact on the continent and globally.
Details of the new fellows in the announcement indicated that; Hatim Eltayeb, is the Chief Executive Officer of African Leadership Academy, strengthening one of the continent’s most important leadership institutions; Dr Esperance Luvindao, Namibia’s Minister of Health and Social Services, combining clinical experience with digital health and grassroots innovation; Charlot Magayi, the Kenyan founder of Mukuru Clean Stoves, linking clean energy, public health and livelihoods; Dr Stephen Modise, Botswana’s Minister of Health, bringing a data-driven approach to public health reform.
Dr Musa Kika, Executive Director of the Institute for Human Rights and Development in Africa, using law to defend constitutionalism and civic space; Rewa Udoji, the Nigerian artist and finance professional whose work bridges culture, capital and women’s economic literacy; Kemi Lala Akindoju, the Nigerian producer and actor helping reshape the creative economy through talent development, financing and more grounded storytelling; and Ms Vimbai Masiyiwa, co-founder and Chief Executive Officer of Batoka Africa, building a model of tourism rooted in sustainability, community ownership and women’s empowerment. Together, they reflect the range of leadership the fellowship is designed to support public leaders, entrepreneurs, institution-builders and cultural actors already shaping systems in very different ways.
It would be recalled that Aliko Dangote YGL Fellowship has supported more than 90 Fellows from over 25 African countries, thus enabling full participation in the World Economic Forum’s Young Global Leaders programme through access to convenings, executive education, peer networks and global platforms.
Over that period, Fellows have taken part in more than 400 engagements across Annual Meetings, regional summits and learning modules, contributing to debates on finance, climate, health, technology and governance.
Business
Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments
Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments
The President/Chief Executive of Dangote Group, Aliko Dangote has held a high-level meeting with Nicolai Tangen, the Chief Executive Officer of Norges Bank Investment Management, the world’s largest sovereign wealth fund manager, overseeing assets valued at approximately $1.9 trillion.
At the meeting, the Norwegian investment institution expressed strong interest in partnering with Dangote Group to expand its footprint across the African continent, with a focus on strategic sectors including power, energy, renewables, agriculture, fertiliser and cement.
Also present at the meeting were Svein Tore Holsether, Chief Executive Officer of Yara International, one of the world’s leading fertiliser and agricultural companies, and Terje Pilskog, Chief Executive Officer of Scatec, a global renewable energy company.
The engagement shows growing global investor confidence in Africa’s industrial and infrastructure potential, as well as the increasing role of indigenous conglomerates such as Dangote Group in driving large-scale economic transformation.
For Dangote Group, the potential partnership represents a significant opportunity to deepen its investments across key sectors critical to Africa’s development, particularly in energy transition, food security and industrial capacity expansion.
The Norwegian sovereign wealth fund, widely regarded as a benchmark for global institutional investment, has in recent years shown increased interest in emerging markets, with Africa seen as a frontier for long-term value creation.
The collaboration between the fund and Dangote Group could unlock substantial capital flows into critical infrastructure and industrial projects, further accelerating economic growth and regional integration across the continent.
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