Home » Ecobank Joins EU-Backed Green Energy Finance Programme

Ecobank Joins EU-Backed Green Energy Finance Programme

By Ayomide Otitoju

Ecobank Nigeria has been named one of five Nigerian banks selected to participate in the prestigious GET.Invest Enabling Domestic Green Energy (EDGE) Finance Programme, an initiative backed by a coalition of European donors aimed at boosting green energy investments in developing economies.

The programme was officially launched at Ecobank’s Lagos headquarters. Lawrence Edeke, Country Coordinator for GET.Invest Nigeria, said the EDGE initiative is designed to build the capacity of Nigeria’s financial institutions 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 stated.

Kofo Oduntan, EDGE Finance Advisor, explained that Ecobank was chosen through a rigorous selection process. “Ecobank demonstrated exceptional clarity in its sustainability objectives and strong alignment with green financing goals. The commitment of its senior leadership further underscored the Bank’s readiness to be a catalyst for change in this sector,” Oduntan noted.
Biyi Olagbami, Executive Director and Chief Risk Officer at Ecobank Nigeria, expressed pride in the Bank’s selection. “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 create tailored green finance solutions, support national energy transition efforts, and solidify our identity as an environmentally responsible institution,” Olagbami said.

GET.Invest is co-funded by the European Union, Germany, Norway, the Netherlands, Sweden, and Austria. The EDGE Finance Programme was officially launched in Nigeria in February 2025 and provides technical assistance, customized training, and coaching to local financial institutions to improve their ability to finance renewable energy ventures.

Leave a Reply

Your email address will not be published. Required fields are marked *