Ecobank Nigeria, a subsidiary of Ecobank Group, 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.
A statement by the bank on Tuesday, said the official launch of the programme was held at Ecobank’s head office in Lagos.
During the event, Mr Lawrence Edeke, Country Coordinator for GET.Invest Nigeria, said the initiative is designed to build capacity within the 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.
Ms Kofo Oduntan, EDGE Finance Advisor, further explained the bank’s inclusion in the programme.
Oduntan said the bank was selected after a rigorous process that included 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,” Oduntan said.
Speaking at the Kick-off meeting, Mr Biyi Olagbami, Executive Director and Chief Risk Officer at Ecobank Nigeria, expressed joy 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 said.
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 was officially launched in Nigeria in February. (NAN)
