Ecobank Nigeria has been selected to participate in the GET.Invest Enabling Domestic Green Energy (EDGE) Finance Programme, one of only five Nigerian banks to receive this opportunity. This initiative, backed by European funding, aims to increase green energy financing in developing countries.
At the launch event held at Ecobank’s headquarters in Lagos, Lawrence Edeke, the Country Coordinator for GET.Invest Nigeria, highlighted the programme’s goal to strengthen Nigeria’s financial sector to better support renewable energy projects. Edeke stated, “The EDGE Finance Programme focuses on empowering local institutions to facilitate Nigeria’s energy transition. Ecobank’s inclusion in this programme underscores its commitment to sustainable finance.”
Kofo Oduntan, an EDGE Finance Advisor, explained the selection process for Ecobank. The evaluation involved reviewing expressions of interest and conducting interviews. Ecobank was chosen due to its clear objectives in green energy financing, alignment with institutional goals, and strong commitment from senior leadership. Oduntan expressed confidence that Ecobank would contribute significantly to the programme’s success in Nigeria.
Biyi Olagbami, Executive Director and Chief Risk Officer at Ecobank Nigeria, expressed pride in the selection and reiterated the bank’s leadership in sustainability. He stated, “Our involvement in the EDGE Finance Programme strengthens our position as a leader in sustainable finance in Nigeria. This initiative will improve our ability to create tailored green finance products, support national energy transition goals, and reinforce our identity as an environmentally responsible financial institution.”
The GET.Invest programme is co-financed by the European Union, Germany, Norway, the Netherlands, Sweden, and Austria. It supports local banks and financial institutions through customized training, technical assistance, and coaching to enhance their capabilities in financing renewable energy projects. The programme officially launched in Nigeria in February 2025.
