Finance
Ecobank Nigeria selected for GET.Invest EDGE finance programme to boost green energy investment
Ecobank Nigeria, an affiliate of the leading pan-African banking group Ecobank Group, has been selected as one of five Nigerian banks to participate in the prestigious GET.Invest Enabling Domestic Green Energy (EDGE) Finance Programme. The initiative, funded by European donors, aims to scale up green energy financing and investment across developing nations. At the official launch of the programme, held at Ecobank’s head office in Lagos, Lawrence Edeke, Country Coordinator for GET.Invest Nigeria, emphasised that the initiative is designed to build capacity within Nigeria’s financial sector to support renewable energy projects. “The EDGE Finance Programme is about strengthening local institutions and enabling them to play a critical role in Nigeria’s energy transition. Ecobank’s selection reflects its strong commitment to sustainable finance,” Lawrence said.
Kofo Oduntan, EDGE Finance Advisor, further elaborated on Ecobank’s inclusion in the programme; “Ecobank was selected after a rigorous process, including the evaluation of expressions of interest and interviews. The Bank’s clarity of purpose in green energy finance, its alignment with institutional goals, and strong internal commitment from senior leadership stood out. We are confident Ecobank will be a key driver of success for the EDGE Finance Programme in Nigeria.” Speaking at the Kick-off meeting, Biyi Olagbami, Executive Director and Chief Risk Officer at Ecobank Nigeria, expressed pride in the Bank’s selection and reiterated its leadership role in sustainability; “Our participation in the EDGE Finance Programme reinforces our position as a front-runner in sustainable finance in Nigeria.
It will enhance our capacity to design bespoke green finance products, support national energy transition goals, and strengthen our identity as an environmentally responsible financial institution,” Olagbami said. The GET.Invest programme is co-funded by the European Union, Germany, Norway, the Netherlands, Sweden, and Austria. Through its EDGE Finance service, it supports local banks and financial institutions by providing tailored training, technical assistance, and coaching to improve their ability to finance renewable energy projects. The programme officially launched in Nigeria in February 2025
-
News1 day agoCourt orders British Govt. to pay £420m to 21 coal miners killed by colonial masters
-
Finance1 day agoCBN cuts 1-Year Treasury Bill rate, rejects Bids
-
Agriculture1 day agoOver 2.5m metric tonnes of food valued N2trn produced in 2yrs—FG
-
Maritime1 day agoNIMASA mulls expansion of deep blue project, calls for continued partnership with Navy
-
Economy1 day agoBPE, stakeholders unite to rollout $500m free meters, DisCos pledge to lead drive
-
Business1 day agoMTN to acquire controlling stake in IHS Holdings, eyes full ownership
-
Oil and Gas1 day agoDangote refinery backs gantry loading, cautions against costly coastal evacuation
-
Economy6 hours agoDubai’s consumer electronics maker, Maser Group to invest $1.6bn in Nigeria, others
