Ecobank, GET.Invest to Boost Green Energy Finance in Nigeria

  • Ecobank will receive support through the GET.Invest EDGE Finance Programme to expand renewable energy financing.
  • The programme, co-funded by the EU and other European partners, will support Ecobank with training and technical assistance to advance Nigeria’s clean energy transition.

Ecobank Nigeria has joined the GET.Invest Enabling Domestic Green Energy Finance (EDGE) Programme to expand the country’s green energy financing efforts.

The bank announced its selection in a statement on Tuesday, June 24, after the unveiling event held at its Lagos head office. The programme, officially launched in Nigeria in February 2025, is co-funded by the European Union, Germany, Norway, the Netherlands, Sweden, and Austria.

Through its EDGE Finance service, GET.Invest provides Nigerian banks with training, technical assistance, and coaching to strengthen their ability to fund renewable energy projects.

Meanwhile, speaking at the event, Lawrence Edeke, Country Coordinator for GET.Invest Nigeria said the initiative aims to build the capacity of local financial institutions. “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,” he said.

Furthermore, Kofo Oduntan, EDGE Finance Advisor, noted that Ecobank’s inclusion followed a rigorous selection process. “We reviewed expressions of interest, conducted interviews, and assessed alignment with institutional goals. Ecobank also stood out for its clarity of purpose, strong leadership commitment, and focus on green energy finance. We believe the bank will be a key driver of success for the programme in Nigeria,” she explained.

In addition, Biyi Olagbami, Executive Director and Chief Risk Officer at Ecobank Nigeria, expressed pride in the bank’s inclusion. “Our participation in the EDGE Finance Programme reinforces our leadership in sustainable finance. It will also boost our ability to design tailored green finance products, support the national energy transition, and strengthen our identity as an environmentally responsible institution,” he stated.

Upon its entry into Nigeria, GET.Invest highlighted Nigeria’s ongoing energy challenges, noting that the country loses an estimated ₦7–10 trillion annually due to power deficits. The impact is most severe on micro-, small-, and medium-sized enterprises facing limited access to reliable electricity.

Ecobank aims to help close this gap by joining programmes like EDGE to advance Nigeria’s transition to clean, reliable energy solutions.

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