Keyamo Hosts Deutsche Bank Executives, Seeks Strategic Investment in Nigerian Aviation Sector
Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, in a decisive move aimed at deepening foreign investment in Nigeria’s aviation sector, received top executives from Deutsche Bank led by Mr Andreas Voss, Head of Sub-Sahara Africa, Corporate Bank – Trade Financial Institutions, at his office in Abuja.
According to a statement issued by Tunde Moshood, Special Adviser on Media and Communications to the Minister, the high-level meeting was geared towards fostering strategic collaboration on critical infrastructure development within Nigeria’s aviation industry, which has been undergoing transformative reforms under the current administration.
Mr Voss, a seasoned finance executive with a strong track record in infrastructure investment across Africa, lauded the Minister’s achievements and policy direction, describing the sector as a fertile ground for credible international investment.
He affirmed Deutsche Bank’s readiness to support the Nigerian government through innovative financing models including export credit arrangements and sustainable funding initiatives.
“Deutsche Bank has maintained a presence in Nigeria for over four decades,” Mr Voss said. “We are impressed by the Honourable Minister’s reforms and see tremendous potential for structured infrastructure investments in Nigeria’s aviation sector.”
Responding, Mr Keyamo expressed optimism about the partnership, stating that Nigeria offers a compelling business case due to its growing passenger traffic, strategic geographical location, and renewed international confidence in its aviation ecosystem.
“Now is the right time for investors to come in,” Keyamo declared. “Nigeria has the traffic and we are equidistant to almost every part of the world. All international carriers are benefitting from our market. We want to ensure Nigerian investors and international partners like Deutsche Bank also tap into this opportunity.”
To immediately drive progress, the Minister constituted a working group to interface with Deutsche Bank’s team on investment opportunities across the aviation value chain.
Key areas of potential collaboration include airport modernisation and expansion, safety and navigation system upgrades, green airport and sustainability initiatives, and the establishment of a National Aviation Training Academy.
Both parties agreed to advance discussions and formalise long-term partnerships that align with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises infrastructure renewal, improved service delivery, and foreign direct investment.
The visit by Deutsche Bank’s delegation is seen as a milestone in Nigeria’s efforts to boost international investor confidence and scale up aviation infrastructure development for global competitiveness.
