The European Bank for Reconstruction and Development (EBRD) will officially open its first office in Lagos Nigeria during a three-day visit by its Vice President for Banking, Matteo Patrone, marking a major milestone in the bank’s expansion into sub-Saharan Africa and its commitment to boosting private sector investment.
The opening of the office in July 3, 2026, which will also be attended by Nigeria’s Finance Minister, Taiwo Oyedele, represents an important milestone in the Bank’s operations in sub Saharan Africa, reinforcing its commitment to supporting sustainable infrastructure, enhancing competitiveness and fostering economic resilience.
In the course of his visit, Patrone will also meet private-sector representatives, development partners and Gautier Mignot, the European Union Ambassador to Nigeria, to discuss investment opportunities and support for private sector-led growth in Nigeria. This visit reflects the Bank’s commitment to strengthening its presence in the country and supporting private-sector development and investment.
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