Ecobank Nigeria has emerged as one of the Nigerian banks to participate in the GET.Invest Enabling Domestic Green Energy Finance Programme to boost its green energy financing in the country.
In a statement on Tuesday, the bank said that its selection for the project was unveiled at Ecobank’s head office in Lagos.
The GET.invest programme officially launched in Nigeria in February 2025 and 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.
Speaking at the launch, the Country Coordinator for GET.Invest Nigeria, Lawrence Edeke, said 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.
EDGE Finance Advisor, Kofo Oduntan, highlighting Ecobank’s inclusion in the programme, said, “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.”
The Executive Director and Chief Risk Officer at Ecobank Nigeria, Biyi Olagbami, expressed pride in the bank’s selection and reiterated its leadership role in sustainability.
Olagbami said, “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.
GET.invest, upon its entry into Nigeria, noted that the power deficit in the country leads to significant economic losses estimated at N7-10 tn annually, with the impact higher on micro-, small-, and medium-scale enterprises.
