The National Infrastructure Fund Board has appointed James Mworia as the institution's founding Chief Executive Officer, according to Business Today. The Board announced the appointment on Monday, September 7, stating that Mworia secured the position through a competitive recruitment process. He is tasked with building the new State-backed fund from the ground up. The appointment took effect immediately, marking a key step in establishing the fund's leadership structure as it begins operations.

Deputy President Kithure Kindiki has defended the government's proposal to create a National Infrastructure Fund, which aims to invest proceeds from the sale of selected State assets into long-term development projects. He made these remarks during interdenominational prayers at Soliat Secondary School in Soin Sigowet Constituency, Kericho County, addressing opposition concerns regarding the initiative.

Nigeria’s National Information Technology Development Agency has urged creation of a single regulatory interface across government agencies to reduce overlapping mandates, licensing delays and regulatory uncertainty affecting digital infrastructure investment. According to Leadership, NITDA director-general Kashifu Inuwa Abdullahi made the call at a regulatory roundtable themed “Regulations that Build,” arguing that better alignment between policy and digital regulation could improve investor confidence and support sector growth.

Nigeria's National Information Technology Development Agency (NITDA) has called for a unified regulatory framework to boost technology investment across Africa. According to a NITDA official, the convergence of emerging technologies, including artificial intelligence, cloud infrastructure and high-density data centres, has made traditional siloed regulation inadequate. The agency argues that harmonised rules are needed to support the continent's growing digital economy, Premium Times reported.

Africa50, a Morocco-based infrastructure investment fund, plans to more than double the value of the projects it supports to at least $20bn (about R319bn) over the next five years, according to its chief operating officer Tshepidi Moremong. The target, reported by TimesLIVE, signals an expansion of the fund's infrastructure investment activity across Africa. No further details about specific projects or funding sources were provided in the report.

President Bola Tinubu stated that Nigeria is establishing a foundation for prosperity through critical infrastructure projects. He expressed concern over past accidents on the recently repaired Kuje-Gwagwalada road, highlighting the importance of such infrastructure in enhancing safety and development.