€20 Million Nexus Nigeria Country Window Launched at the 10th Nigeria-EU Business Forum in Lagos
Dedicated AgriFI and ElectriFI facility to strengthen agriculture value chains and expand clean energy access in rural Nigeria
Lagos / Brussels, 25 June 2026 – EDFI Management Company (EDFI MC), FMO and the EU Delegation to Nigeria have officially launched the Nexus Nigeria Country Window, a dedicated €20 million blended finance facility under the European Union-funded AgriFI and ElectriFI programmes, at the 10th Nigeria-EU Business Forum in Lagos. The facility combines the mandates of AgriFI, focused on smallholder inclusiveness and agri-business development, and ElectriFI, aimed at expanding access to affordable, reliable and clean energy, under a single, integrated initiative. The facility is managed by FMO on behalf of the EU Delegation, with implementation entrusted to EDFI MC.
Rodrigo Madrazo Garcia de Lomana, PhD, CEO of EDFI Management Company stated: “The Nexus Nigeria Country Window is about getting investment where it is needed the most – directly to entrepreneurs and farmers in rural Nigeria who are building businesses, growing food and powering their communities. By combining AgriFI and ElectriFI under one initiative, we can support a more resilient and inclusive rural economy, one that works for those who have historically had the least access to finance. I am deeply grateful to our partners at FMO and the EU Delegation for making this a reality.”
Nigeria’s rural population is primarily dependent on agriculture for its livelihood, yet it remains constrained by limited access to finance, unreliable energy infrastructure and fragmented value chains. The Nexus Nigeria Country Window directly addresses these interlinked challenges by channelling investment into three priority areas: access to reliable and affordable clean energy sources, the strengthening of smallholder agricultural value chains, and the development of climate-smart agriculture projects.
Gautier Mignot, EU Ambassador to Nigeria, added: “The Nexus Nigeria Country Window is a concrete demonstration of what the EU-Nigeria partnership can deliver on the ground. Through Global Gateway and our Team Europe approach, we are connecting investment in clean energy and sustainable agriculture to the communities that need it most. This facility is not just about financing — it is about building resilient food systems, creating jobs, and empowering rural Nigerians to shape their own economic future.”
Specific value chains targeted by the facility include in particular dairy, cocoa and animal feed crops, as well as fruits and vegetables, reflecting both Nigeria’s agricultural priorities and the EU’s commitment to sustainable food systems. Access to electricity is expected to further support production and productivity gains in rural communities, creating a multiplier effect across the broader rural economy.
By linking clean energy access with sustainable agriculture, the facility targets SDG 1 (No Poverty), SDG 2 (Zero Hunger), SDG 5 (Gender Equality), SDG 7 (Affordable and Clean Energy) and SDG 13 (Climate Action).
Merel van de Hoef, Manager Public Investment Management & Blended Finance – FMO concluded: “This facility reflects the strength of collaboration between the EU Delegation to Nigeria, FMO and EDFI Management Company in mobilising finance where it can have the greatest additionality. Through blended finance instruments such as AgriFI and ElectriFI, managed by EDFI MC, we can help create the conditions for investment in markets and value chains that are critical for Nigeria’s rural economy, but where risks still limit private capital. By bringing agriculture and clean energy together under the Nexus Nigeria Country Window, we aim to support more integrated, sustainable investments that can benefit smallholders, rural enterprises and local communities.
About EDFI Management Company
EDFI Management Company (EDFI MC) is a multilaterally owned impact asset manager which delivers innovative development finance solutions that enable European DFIs, development banks and private sector investors to increase the scale and impact of their work. The company focuses on business models, technologies and geographies where other investors have not been able to operate at the desired scale given their resources and investment criteria. For more information, visit www.edfimc.eu
About ElectriFI
The Electrification Financing Initiative – ElectriFI, managed by EDFI Management Company, is an impact-first investment facility, funded by the European Union. ElectriFI is investing in early-stage private companies and projects that increase or improve access to and supply of sustainable energy in developing countries. For more information, visit www.electrifi.eu and www.edfimc.eu.
About AgriFI
The Agriculture Financing Initiative – AgriFI, managed by EDFI Management Company, is an impact investment facility funded by the European Union. AgriFI has the mandate to provide medium- to long-term financing for private sector enterprises active in the agri-food value chain, helping to consolidate agriculture production to achieve economies of scale and a stronger presence in markets, bringing increased food security. For more information, visit www.agrifi.eu and www.edfimc.eu.
