European Bank for Reconstruction and Development (EBRD) President Odile Renaud-Basso will travel to Nigeria this week, marking her first visit to a sub-Saharan country since the Bank shareholders’ historic decision to start investing in the region.
Nigeria became an EBRD shareholder and a country of operation in 2025. Discussion to focus on supporting government economic priorities and private-sector investments. The EBRD President Odile Renaud-Basso will meet senior Nigerian government officials and business representatives
Among those slated to meet President Renaud Basso during her historic visit are the Minister of Finance and Coordinating Minister of the Economy, and the EBRD Governor Adebayo Olawale Edun, to discuss government economic priorities and private-sector investment. She will also meet representatives from the private sector and development partners.
The visit underscores the EBRD’s growing engagement in Nigeria and sub Saharan Africa, and the Bank’s commitment to supporting private sector development, sustainable infrastructure and economic resilience across the region.
stands out as a vibrant, high-potential economy where our private sector-focused model can make a real difference. We look forward to working closely with Nigerian partners to foster sustainable growth, deepen financial resilience and support the country’s development ambitions.”
The EBRD President will be joined by Heike Harmgart, Managing Director for Sub-Saharan Africa, and Hamza Al-Assad, EBRD Director of the Bank in Nigeria.
Nigeria became an EBRD shareholder and a country of operation in 2025, when the Bank signed its first investment agreement in the country, to provide a trade financing facility to Access Bank.In Nigeria, the Bank aims to invest in sustainable critical infrastructure that underpins private-sector development, to support the modernisation and efficiency of enterprises, and to strengthen the economic governance of institutions.
