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EU supports Nigeria’s clean energy project

The European Union (EU) is supporting the adoption of clean cooking solutions to facilitate Nigeria’s energy transition to cleaner, affordable, and sustainable energy sources, particularly in rural areas. The EU noted that prioritising clean cooking solutions will help to reduce reliance on fuel, deforestation, improve public health outcomes, and create new economic opportunities, especially in…

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EU okays €300,000 grant to boost Eurocham Nigeria trade ties

The European Union (EU) has launched the Eurocham Nigeria Institutional Development Support, a €300,000 three-year grant aimed at strengthening the secretariat of the European Chamber of Commerce (Eurocham) Nigeria, expanding its advocacy efforts, and enhancing external engagement for its members. The grant, announced during Eurocham’s 25th Annual Stakeholders Conference in Lagos, forms part of the…

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EU envoy outlines plans for Nigeria

European Union (EU) Ambassador to Nigeria and the Economic Community of West African States (ECOWAS), Gautier Mignot, has outlined the union’s plans to bolster trade, strengthen investment and positively impact the youthful population of Nigeria. Mignot made the plans known on Wednesday in Lagos at a media luncheon. He said the EU would want to…

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EU, European DFIs raise €2b in Africa’s SMEs support

The European Union (EU) and EDFI Management Company (EDFI MC) together with European Development Finance Institutions (EDFIs) have raised more than €2 billion in financing aimed at generating employment, and enhancing financial inclusion, especially among young and women-led businesses in Nigeria and the rest of  Africa. The EDFI MSME Platform Plus Programme, supported by €255…

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