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Lagos to Host Over 1,000 Global Investors at Commonwealth Business Summit

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Lagos State is set to welcome more than 1,000 investors from across the Commonwealth of Nations for a two-day investment summit scheduled for June 8–9, 2026, at Eko Hotels & Suites.

The summit, themed “Lagos: Business Gateway to Africa,” was announced during a press briefing by the State Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem.

It is being jointly organised by the Lagos State Government, the Commonwealth Enterprise and Investment Council, and several public and private sector partners.

Ambrose-Medebem said the event has evolved beyond a traditional investment conference into a global platform for policy dialogue, capital mobilisation, investor matchmaking, and strategic economic engagement.

According to her, the expected participation of delegates from Commonwealth member states and other regions reflects growing international confidence in Lagos as a leading investment destination.

Attendees will include policymakers, multinational corporations, development finance institutions, entrepreneurs, innovators, and trade delegations from Africa, Europe, Asia, and the Middle East.

The summit will feature keynote speeches, plenary sessions, executive roundtables, sector-focused investment forums, exhibitions, and business-to-business and business-to-government meetings.

Key sectors on the agenda include infrastructure, manufacturing, agriculture, technology, the blue economy, tourism, energy transition, logistics, transportation, financial services, real estate, and small business development.

A major highlight will be a governors’ investment showcase designed to connect state governments with global investors and development partners.

The commissioner also emphasised Lagos’ strategic position as an economic hub, citing its large consumer base, expanding infrastructure, innovation ecosystem, and maritime advantages.

With a population of over 23 million and one of Africa’s largest city economies, she said Lagos remains uniquely positioned to attract global capital across multiple sectors, in line with Governor Babajide Sanwo-Olu’s economic agenda.

The summit is expected to produce investment agreements, policy frameworks, and action plans aimed at boosting job creation and long-term economic growth.

Co-chairman of the Technical Committee on Invest Lagos 3.0, Toyosi Akerele, also highlighted the role of technology in the event, noting that an AI-powered dashboard will enable global participation in real time.

Students from institutions such as Lagos State University will operate parts of the summit’s digital command centre as part of efforts to build youth capacity and human capital development.

She also disclosed plans for a podcast segment featuring foreign delegates sharing insights on Lagos’ business environment, culture, and tourism appeal.

In addition, more than 400 international delegates are expected to participate in post-summit guided tours on June 10, including visits to the Lekki Free Trade Zone, Dangote Refinery, Dangote Fertiliser Plant, Lekki Deep Sea Port, RussellSmith 3D Printing and Manufacturing Centre, as well as key transport infrastructure such as the Blue and Red Line rail systems.

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WhatsApp introduces incognito chat feature to address Meta AI chat privacy concerns

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Meta Platforms has added ‘Incognito Chat’ features to WhatsApp to address privacy concerns during users’ sensitive conversations with Meta AI on the app.

The company announced the update in a blog post on WhatsApp’s website on Wednesday, noting that even the Meta company can no longer read conversations between users and Meta AI after introducing the AI feature.

Chatting with AI has become a critical part of how people get information and ask important questions, even on social media platforms.

Many of these questions can be deeply sensitive or include private financial, personal, health, or work-related data.

Meta said it is extending its privacy features to chats with Meta AI, following the introduction of end-to-end encryption ten years ago, which ensures privacy in conversations between two users.

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The incognito chat feature is different from end-to-end encryption; it ensures privacy between users and Meta AI.

“Today we’re launching Incognito Chat with Meta AI, a new way to have completely private conversations with AI,” the tech giant said, noting that the privacy feature allows WhatsApp users to talk to Meta AI in a way that is invisible to anyone else.

It explained that the newly launched Incognito feature allows chats to disappear after conversations, enabling users to explore and think through their ideas privately.

The conversation will end if users close the app or lock their phone, and Meta AI will lose the context of the discussion.

Meta joins ChatGPT, Claude, Protons, and other tech companies that offer chatbots in incognito mode.

“Other apps have introduced incognito-style modes, but they can still see the questions coming in and the answers going out. Incognito Chat with Meta AI is truly private; no one can read your conversation, not even us.

“Since we started exploring bringing AI to WhatsApp, we’ve been focused on how to deliver this power privately, at a global scale. When you start an Incognito Chat with Meta AI, you’re creating a private, temporary conversation that only you can see.

“Your messages are processed in a secure environment that even Meta cannot access. Your conversations are not saved and, by default, your messages disappear, giving you a space to think and explore ideas without anyone watching,” the company stated.

WhatsApp users can activate an incognito session by tapping on a new icon in one-on-one chats with Meta AI. The company said the feature will also be available on other Meta-owned apps, including Instagram, Facebook, and Messenger, in the coming months.

READ ALSO: EXCLUSIVE: Inside Nigeria’s deal to write off $32.8 million fine against Meta

Side chat

The tech firm said it will also launch ‘Side Chat’ in the coming months, which will offer users private help with any chat as private ways of interacting become part of users’ daily routines.

“We believe this private way of chatting has the potential to become one of several ways people interact with AI on WhatsApp. In the coming months, we’ll also introduce Side Chat protected by Private Processing.

“Side Chat with Meta AI will give you private help with any chat, with the context of what’s being discussed, without disrupting the main conversation.

“We remain committed to delivering privacy for the world. Incognito Chat with Meta AI is rolling out on WhatsApp and the Meta AI app over the coming months,” the company said.

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NITDA, IDCA partner to transform Nigeria’s digital economy

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The National Information Technology Development Agency (NITDA) has signed a strategic partnership agreement with the International Data Centre Authority (IDCA) to accelerate Nigeria’s transition into a fully integrated digital economy through a large-scale national digital infrastructure programme.

NITDA announced the partnership in a joint statement signed by the Director, Corporate Communications and Media Relations Department, Hadiza Umar, and the IDCA’s Global Head of Strategic Services, Head of Europe and Africa, Solomon Edun, on Wednesday.

The partnership is in line with the Nigerian Sovereign Cloud (NSC) initiative, which aims to establish an execution-led, investment-driven framework for infrastructure deployment.

The NSC initiative also aims to achieve regulatory standards and workforce development into a unified national platform designed to mobilise both public and private capital and accelerate long-term economic value creation.

Integrated pillars

According to NITDA, at the centre of the programme is the ‘Nigeria Digital Triangle (NDT)’, a network of strategically located hyperscale, AI-enabled data centre clusters intended to anchor investment, host global cloud and enterprise workloads, and serve as the backbone for Nigeria’s emerging digital economy.

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According to the partners, the initiative will be built around four integrated pillars: a national digital economy masterplan with clearly defined milestones; hyperscale infrastructure development through interconnected digital hubs; national digital standards aligned with international best practices; and a structured education and workforce development system aimed at sustaining long-term capability building.

Speaking on the partnership, the Director-General of NITDA, Kashifu Inuwa, described the initiative as a significant milestone in Nigeria’s economic and digital transformation.

“This initiative represents a defining moment in Nigeria’s economic transformation, reaffirming the government’s commitment to advancing the Digital Economy and Data Sovereignty Agenda.

“By working with the leading experts of IDCA and members of the National Sovereign Cloud Initiative Technical Working Group as the most advanced and credible think tank, prioritizing digital infrastructure, talent development, data sovereignty, artificial intelligence, and entrepreneurship, Nigeria is laying a strong foundation for sustainable infrastructure growth, job creation, global competitiveness, and innovation-driven, inclusive development,” the NITDA boss, Mr Inuwa said.

On his part, the Chairman of IDCA, Mehdi Paryavi, noted that Nigeria’s economic position and growth potential will make the initiative strategically important for the continent.

“Nigeria is the largest economy in Africa and has the potential to become larger and more impactful to the lives of the people of Africa and beyond.

“This is more than a national initiative; it is a platform for long-term economic value creation. By integrating digital infrastructure, standards, and talent, bundled with investments and the right policymaking.

“Nigeria is building a competitive advantage in the global digital economy,” the data centre authority chairman said, emphasising Nigeria’s digital role on the continent.

READ ALSO: NITDA raises alarm on DeepLoad AI malware attacks, proffers solutions

Execution

The Chief Research Officer at IDCA, Roger Strukhoff, said the programme positions Nigeria to become a regional technology leader. According to him, the initiative is a structured, investment-ready approach that aligns strategy with execution and global best practices.

“Nigeria is taking a decisive step toward becoming a regional digital powerhouse. IDCA is pleased to be fundamental to this historic economic evolution,” he said.

Solomon Edun, global head of strategic services and head of Europe and Africa, stated that the IDCA and Nigeria have worked for years to reach the point of digital economy transformation and partnership.

He added that the partnership will enable a scalable, sustainable digital ecosystem by focusing on infrastructure deployment.

“This is a historic moment, and the program is designed to translate vision into measurable outcomes. By focusing on infrastructure deployment, investment attraction, and skills development, we are enabling a scalable and sustainable digital ecosystem,” he said.

NITDA’s Acting Director, Regulation and Compliance, Emmanuel Edet, highlighted the importance of standards and governance in supporting the project.

According to him, the development of nationally endorsed standards, implemented in parallel with enabling physical infrastructure, is fundamental to ensuring regulatory consistency, data security, and long-term sustainability.

“This collaborative initiative between Nigeria and the International Data Centre Authority establishes the requisite technical benchmarks and strategic governance framework to support effectively,” Mr Edet added.

The initiative will be implemented over three years with defined milestones and structured engagement across government, private sector, and international partners.

The partnership reinforces Nigeria’s commitment to leveraging digital infrastructure to drive economic diversification, innovation, and global integration.


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