- The EU, German Embassy, and Nigeria’s Power Ministry launched the GET.invest Nigeria Steering Committee to scale clean energy and connect developers with financiers.
- In nine months, GET.invest Nigeria supported 35 projects, partnered with five banks, and advanced blended finance to cut investment risks.
The European Union Delegation to Nigeria and ECOWAS, the German Embassy, and Nigeria’s Federal Ministry of Power have begun high-level talks with stakeholders to accelerate the country’s energy transition.
At the inaugural Steering Committee meeting of GET.invest Nigeria, participants set priorities and agreed on a road map to scale up clean energy deployment nationwide. The committee, co-chaired by the Federal Ministry of Power, the EU, and the German Embassy, aims to align investment and policy efforts with Nigeria’s clean energy targets.
Furthermore, Lawrence Edeeke, Country Coordinator of GET.invest Nigeria, outlined the committee’s members, which include the Rural Electrification Agency, the Central Bank of Nigeria, the Renewable Energy and Energy Efficiency Association Alliance (REEEA), and Germany’s GIZ through its Nigeria Energy Support Programme.
Meanwhile, Deputy EU Ambassador Zissimos Vergos described GET.invest Nigeria as “the essential ecosystem to connect aspiring entrepreneurs with financiers,” adding that the initiative will boost Nigeria’s green economy to global recognition.
Temitope Dina, representing the Federal Ministry of Power, said: “We want to move from power points to power plants,” signalling the government’s determination to advance from small pilot projects to large-scale clean energy delivery.
In addition, German Embassy representative Johannes Lehne called the committee’s launch “a highly symbolic step marking a new phase in Nigeria’s clean energy trajectory.”
Prof. Magnus Oma, a member of REEEA, also stressed the need to reduce investment risks through blended finance tailored to Nigerian developers.
In the past nine months, GET.invest Nigeria has attracted nearly 90 applications from clean energy developers and selected 35 projects for support. Its Edge Finance initiative has also partnered with five commercial banks – Sterling Bank, First Bank, WEMA, Fidelity, and Ecobank – surpassing initial targets and positioning these lenders as key players in Nigeria’s green finance market.
With the Steering Committee now operational, GET.invest Nigeria will provide strategic oversight, track progress, and ensure effective governance. Members will meet twice a year, with the next session set for February 2026, to review achievements and tackle new challenges.
The initiative aims to catalyse systemic transformation, strengthen developers, mobilise capital, and fast-track Nigeria’s clean energy transition.