Fiche récapitulative
The project consists of a loan to the Federal Government of Nigeria to support investments in the green, agri and digital sectors through the Development Bank of Nigeria (DBN).
The aim is to improve access to medium and long-term finance for Nigerian small and medium sized enterprises (SMEs) carrying out projects in the sectors above through local banks and microfinance institutions. A special focus on underserved groups such as female entrepreneurs and youth.
The EIB will require from DBN to take all the requisite measures to ensure that the sub-projects carried out by the final beneficiaries receiving Bank financing will comply with national legislation and the ElB's Environmental and Social Standards.
The EIB will require DBN to ensure that implementation of the project will be done in accordance with the EIB's Guide to Procurement.
Under EFSD+ Guarantee