EBRD Launches First Nigeria Office to supports Operations in Sub-Saharan Africa The opening ceremony was attended by Taiwo Oyedele, alongside Matteo Patrone, Heike Harmgart, Hamza Al-Assad and Gautier Mignot.
The European Bank for Reconstruction and Development (EBRD) has officially announce their reasons for opening new office in Lagos state and also disclose that the main plan is investing at least $1.5 billion in Nigeria with the next three years to enable them achieve the company goal as it expands its operations in Sub-Saharan Africa.
The European Bank for Reconstruction and Development EBRD said opening a new physical office in Nigeria will help and support them work close with the people of Nigeria, Nigeria government, businesses and development partners to increase the competitiveness, helping the private enterprises and promote a more good economy and make life is easy for everyone around Nigeria
The news about The European Bank for Reconstruction and Development was release by the EBRD’s Managing Director for Sub-Saharan Africa, Ms Heike Harmgart, and the bank’s Country Director and Head of Nigerian operations, Hamza Al-Assad, during the official opening of the bank’s first office in Sub-Saharan Africa in Lagos on Friday.
in 2025 it was disclose by press release that Nigeria became both an EBRD shareholder and a country of operation paving the way for increased investment and collaboration. Since then, it was also state that during 2025 the bank has invested so much that they invested more than €150 million in the country, including a US$100 million trade finance facility aimed at boosting cross-border trade and expanding access to finance for private sector businesses.
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The new Lagos office represents another step in the EBRD’s strategy to expand its footprint in sub-Saharan Africa, with a focus on mobilising investment, strengthening the private sector and supporting sustainable economic development across the region. Through its local presence, the bank aims to deepen partnerships and accelerate financing initiatives that contribute to inclusive growth and economic resilience in Nigeria.
