The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), in partnership with the German banking institution ODDO BHF SE, has officially opened applications for a $150 million offshore financing facility.
Designed to boost Nigeria's industrial capacity and strengthen regional competitiveness, this facility provides eligible local businesses with access to long-term capital and single-digit interest rates.
Eligibility Criteria
To qualify for funding, applicant companies must meet the following standards:
- Registration: Must be a legally registered corporate entity with Nigeria's Corporate Affairs Commission (CAC).
- Financial Track Record: Possess at least three (3) years of audited financial statements.
- Association Membership: Be a verified, financially active member of a recognized organized private sector body, such as:
- NACCIMA or any affiliated chamber of commerce
- Manufacturers Association of Nigeria (MAN)
- Nigerian Association of Small and Medium Enterprises (NASME)
- Nigerian Association of Small Scale Industrialists (NASSI)
- Compliance: Adhere to Environmental, Social, and Governance (ESG) standards.
Strategic Eligible Sectors
Funding is targeted toward businesses operating in the following growth sectors:
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- Manufacturing
- Agriculture and Agro-processing
- Energy and Power
- Oil and Gas
- ICT and Technology
- Logistics and Transportation
- Infrastructure
- Mining and Quarrying
- Healthcare
- Pharmaceuticals
- Real Estate
- Telecommunications
- Tourism
- Consumer Products
- Financial Services
- Entertainment
- Retail and Trade
- Digital Economy Projects (20% of the overall facility is specifically reserved for this sector)
Excluded: Funding cannot be used for defense, military projects, or speculative trading activities.
How to Apply
To review full registration details, required document checklists, and submit an application, visit the NACCIMA Application Portal.
Disclaimer
Edfrica shares opportunities for informational purposes only. Results and funding outcomes are not guaranteed.
