oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

SOFAZ Highlights Investment Strategy in Africa at Djibouti Forum 2025

09 Apr 2025 16:48:00

SOFAZ Highlights Investment Strategy in Africa at Djibouti Forum 2025

09 Apr 2025 16:48:00

Bahruz Bahramov, Deputy CEO of the State Oil Fund of the Republic of Azerbaijan (SOFAZ), participated in the international investment forum “Djibouti Forum 2025,” organized by the Sovereign Fund of the Republic of Djibouti (Fonds Souverain de Djibouti).

During one of the forum’s main plenary sessions, titled “Investing in Africa: An Investor Perspective,” Bahruz Bahramov shared SOFAZ’s investment experience and took part in discussions on the continent’s role in global economic growth, as well as its broader investment potential.

In his remarks, Mr. Bahramov underscored Africa’s growing economic indicators, along with opportunities for digitalization and regional integration, noting that SOFAZ’s investments on the continent currently amount to approximately USD 400 million. He further highlighted Africa’s attractiveness in areas such as digital infrastructure, data centers, and healthcare, emphasizing the continent’s significant potential for long-term investment.

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