An asset management firm, JODOR Asset Management, says it is anticipating more value-driven investments of $1 trillion in the African commodity ecosystem in the next five years.

Nduka Ofulue, Chief Executive Officer of the firm, disclosed this in a statement on Thursday in Abuja.

Mr. Ofulue, a U.S.-trained commodity trading manager, said that this would aid critical developments, sustainable jobs, and stakeholders’ value in the country.

He underscored the flagship summit’s scope given commodity sector developments within the U.S., China, Australia, Indonesia, Taiwan, Japan, and Europe.

He said the conference was apt due to the recent Nigeria Commodity Exchange repositioning by the federal government and Central Bank of Nigeria.

He also noted that by 2025, China would surpass the U.S as the world’s biggest economy, with other Asian countries following China’s lead.

“The GCC2020 flagship conference will identify with the commodity trading market in a COVID-19 and post-COVID-19 era.

“It will profess initiatives and projects to ensure the continued development in Africa commodity investment market,” Mr. Ofulue said.

According to him, this, in essence, will create jobs and sustainable employment of about 25 to 35 million for regional economies and spur the growth of gross domestic products.

(NAN)