NACCIMA offers firms $150m low-interest expansion loan
Nigerian businesses can now apply for NACCIMA’s $150m low-interest offshore expansion loan facility, in partnership with ODDO BHF SE, to boost growth and m Read More: https://punchng.com/naccima-offers-firms-150m-low-interest-expansion-loan/
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture has launched applications for a $150 million offshore expansion facility aimed at providing Nigerian businesses with long-term, low-interest financing for growth and modernization. The initiative, developed in collaboration with Germany's ODDO BHF SE, allows eligible companies to apply through a new digital portal unveiled during the Infrastructure Conference 2026 in Abuja.
The facility prioritizes manufacturing, agro-allied processing, energy, logistics, mineral beneficiation, and transportation sectors, reserving 20% of the funds for the digital economy and information and communication technology. Successful applicants will receive a minimum of $10 million with a repayment period of at least seven and a half years, committing between 35 to 50% of the financing to European procurement.
The platform, built with bank-grade encryption and automated KYC verification, aims to create a transparent investment pipeline to attract international investors and support the expansion of viable Nigerian companies.
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