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The EBRD in Nigeria

Landscape of Ikoyi neighbourhood in Lagos showing Lekki-Ikoyi Link bridge

The EBRD starts investing in Nigeria in 2025

The EBRD’s private-sector focused, locally based business model will help unlock access to finance, promote local businesses and foster sustainable and long-term growth – contributing to the transformation of Nigeria’s economy.

Nigeria submitted its request to become a shareholder in April 2024, and the Board of Governors approved its membership in May 2024.

At the EBRD’s 2023 Annual Meeting in Samarkand, the Board of Governors approved an amendment to the Agreement Establishing the EBRD , enabling the Bank to operate in sub-Saharan Africa and Iraq.