The Edo State Government, under the leadership of Governor Monday Okpebholo, has signed a $250 m agreement with the European African Chamber of Commerce and Industries, a coalition of chambers of commerce spanning 98 countries across Europe and Africa.

The agreement was signed during the 2025 Edo State Global Investment Summit, which took place in Glasgow, Scotland, United Kingdom.

In a statement on Thursday, the Governor’s Chief Press Secretary, Fred Itua, said the agreement establishes a framework for strategic investment in Edo State over a period of three to five years.

He said, “The Edo State Government, under the leadership of Governor Monday Okpebholo, has signed a $250 m agreement with the European African Chamber of Commerce and Industries.

“Under the agreement, investments will be channelled into key sectors including agriculture and agro-processing, mining and solid minerals, technical education and skills training, renewable energy, and green infrastructure.”