In a strategic move to attract foreign investment into Nigeria’s aviation industry, the Honourable Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, CON, on Tuesday hosted Mr. Andreas Voss, Head of Sub-Sahara Africa, Corporate Bank – Trade Financial Institutions at Deutsche Bank.
During the high-level meeting held in Abuja, both parties discussed opportunities for Deutsche Bank to support critical infrastructure projects within the aviation value chain. Mr. Voss, a seasoned financial executive with vast experience in African infrastructure development, lauded the Minister’s reform-driven leadership and affirmed the bank’s interest in long-term partnerships in Nigeria.
According to a press release issued by the Minister’s Special Adviser on Media and Communications, Mr. Tunde Moshood, Deutsche Bank reaffirmed its commitment to leveraging its over four-decade presence in Nigeria to facilitate export credit arrangements, sustainable funding models, and innovative financing frameworks.
In response, Minister Keyamo welcomed the bank’s interest and reiterated Nigeria’s openness to business, particularly in the area of aircraft financing and aviation infrastructure. “Now is the right time for investors to come in,” Keyamo noted. “Nigeria has the traffic and is geographically positioned as a central hub. All international carriers benefit from our traffic. We want both Nigerian investors and credible international partners like Deutsche Bank to tap into these opportunities.”
To fast-track discussions, the Minister immediately constituted a working group to interface with Deutsche Bank on targeted areas of collaboration. These include airport modernization and expansion, aviation safety upgrades, green airport initiatives, and the establishment of a National Aviation Training Academy.
Both sides committed to deepening engagements toward establishing enduring partnerships in alignment with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which seeks to boost infrastructure development, foreign direct investment, and service delivery across sectors.
The visit by Mr. Voss is seen as a milestone in Nigeria’s ongoing efforts to enhance investor confidence and secure international financing for transformative aviation projects.