Africa's biggest platform for sustainable development financing just set an ambitious target: $500 million in deals to be signed at this year's Africa Social Impact Summit (ASIS 2026).
The announcement came on Wednesday, 17 June 2026, at the United Nations House in Abuja, where Sterling One Foundation and the United Nations in Nigeria officially unveiled the summit's agenda. The event itself runs from 22–24 July 2026 at the Eko Convention Center in Lagos, under the theme "Financing for Development: Building Resilience and Transforming Emerging Economies."
Olapeju Ibekwe, Chief Executive Officer of Sterling One Foundation, told journalists that ASIS has already unlocked over $1 billion across sectors since it started. She said the goal now is to scale that significantly. "We're excited to unveil an edition that's bigger, more collaborative and more action-oriented than ever before," she said. "We expect deals of over $500 million to be signed this year."
The summit comes at a tough time for Africa. Global capital flows are shifting, climate shocks are hitting harder, food insecurity is spreading, and the continent's youth population keeps growing. ASIS 2026 is designed to turn conversations into real investments, partnerships, and solutions that can speed up sustainable development.
Mohamed Malick Fall, the United Nations Resident Coordinator in Nigeria, stressed that collective action is key. "Africa's greatest opportunity lies in the strength of its partnerships," he said. "The Africa Social Impact Summit continues to provide a unique platform where governments, the private sector, development partners and civil society come together to mobilise the investments, innovation and collaboration needed to accelerate progress towards the Sustainable Development Goals."
Abubakar Suleiman, a Board Member of Sterling One Foundation, warned against treating the summit as just another talk shop. "What we're building through ASIS isn't just a convening, but a long-term platform for action," he said. "The conversations we're having today must translate into real commitments, measurable outcomes and partnerships that outlive the summit itself."
The summit will focus on mobilising investment across key sectors: education, healthcare, climate resilience, food systems, gender equality, youth development, the creative economy, and sustainable finance. High-level dialogues, investor roundtables, and solution-driven sessions are expected to drive the agenda.
More than 2,000 delegates from over 50 countries are expected to attend, including heads of government, multilateral leaders, and development finance institutions. Since its first edition, ASIS has grown into one of Africa's foremost platforms for market-led solutions and cross-sector collaboration. It backs both the UN Sustainable Development Goals and the African Union's Agenda 2063.
Key Facts
- $500 million: target for deals signed at ASIS 2026
- $1 billion+: total deals unlocked by ASIS since inception
- 2,000+ delegates expected from over 50 countries
- 22–24 July 2026: dates of the summit in Lagos
- Theme: "Financing for Development: Building Resilience and Transforming Emerging Economies"