European Donors Back Ecobank Renewable Energy Initiative

Ecobank Nigeria has been selected as one of five Nigerian banks to participate in the GET.Invest Enabling Domestic Green Energy (EDGE) Finance Programme.

The initiative, funded by European donors, aims to scale up green energy financing and investment across developing nations.

At the official launch of the programme, held at Ecobank’s head office in Lagos, Country Coordinator for GET.Invest Nigeria, Lawrence Edeke emphasised that 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,” Edeke said.

EDGE Finance Advisor, Kofo Oduntan further elaborated on Ecobank’s inclusion in the programme; “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.”

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.

“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,” Olagbami stated.

The GET.Invest programme 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. The programme officially launched in Nigeria in February 2025.

European Donors Back Ecobank Renewable Energy Initiative is first published on The Whistler Newspaper