Development Bank of Nigeria
Government fundAbuja · Growth–Late Stage · 18 people tracked
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Investment thesis
Development Bank of Nigeria aims to ease the financing constraints of MSMEs and small corporates in Nigeria. It operates on a wholesale basis, providing long-term finance and partial credit risk guarantees to participating financial institutions that on-lend to MSMEs, rather than lending directly. The bank also offers capacity building and technical assistance to both participating financial institutions and ultimate borrowers, supporting sustainable lending operations on a market-conforming, financially sustainable basis.
Source: firm website, verified Aug 3, 2026.
Team · 18 people
from the firm's website & curatedFrequently asked questions
- What stage does Development Bank of Nigeria invest at?
- Development Bank of Nigeria invests at the Growth, Late Stage stages.
- What sectors does Development Bank of Nigeria focus on?
- Development Bank of Nigeria focuses on Impact & Social Good, Sector Agnostic.
- Where is Development Bank of Nigeria located?
- Development Bank of Nigeria is headquartered in Abuja, NG.
Media · Podcasts & interviews
featuring the teamIn Conversation with Dr. Tony Okpanachi & Lolade Awogbade of the Development Bank of Nigeria
International Finance Corporation · Tony Okpanachi
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