The facility, designed to provide long-term financing at single-digit interest rates, is aimed at improving access to foreign capital for Nigerian enterprises and strengthening the capacity of the organised private sector to drive economic growth.
NACCIMA disclosed in a statement on Sunday that eligible companies can submit applications through a dedicated digital platform unveiled during the Infrastructure Conference 2026 held at the Afrexim Tower in Abuja.
The financing programme was developed in partnership with Germany-based commercial banking group ODDO BHF SE as part of efforts to create a reliable channel for international investment into Nigeria’s productive sectors.
“The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, under the leadership of Jani Ibrahim, has officially commenced applications for its $150m Offshore Expansion Facility, a financing initiative developed in collaboration with Germany’s ODDO BHF SE to support the growth and modernisation of Nigerian businesses,” the association stated.
NACCIMA said the initiative represents a significant move towards digitising the process of connecting Nigerian enterprises with global financing opportunities while creating a more transparent investment pipeline for international investors.
The operational framework and application portal were unveiled by the Chairman of the Joint NACCIMA-ODDO BHF Working Group Committee and former Managing Director of the Bank of Industry, Waheed Olagunju, alongside NACCIMA’s Digital Economy Coordinator and Chairman of the Digital Economy Trade Group, Segun Olugbile.
According to the association, the facility will provide qualified companies with access to patient capital that can support long-term expansion plans without the pressure often associated with short-term commercial borrowing.
The funding will focus on key productive sectors, including manufacturing, agro-allied processing, energy, logistics, mineral beneficiation and transportation. Defence-related businesses will not be eligible under the programme.
NACCIMA also revealed that 20 per cent of the total facility has been allocated to businesses operating in the digital economy and information and communication technology sector.
Speaking at the unveiling ceremony, Olagunju said the programme was created to establish a credible and internationally acceptable investment framework that would attract foreign investors while supporting the growth of Nigerian companies.
“What we are launching today is a transparent, globally aligned investment origination pipeline as a demonstration of investors’ confidence in Nigeria’s economy,” he said.
He explained that the Joint NACCIMA-ODDO BHF Committee had developed a structured process that would allow financially sound and environmentally responsible Nigerian companies to access financing starting from $10 million.
“The Joint NACCIMA-ODDO Committee has developed a rigorous framework that enables viable, ESG-compliant Nigerian enterprises to access capital, starting at a minimum of $10 million, to acquire the European machinery, equipment, and technology needed to scale their operations,” Olagunju said.
He added that the digital application system was designed to meet international security standards, with features aimed at protecting sensitive business and financial information provided by applicants.
“To attract world-class European investment, our digital infrastructure must inspire absolute confidence and trust. This secure e-Portal has been developed with bank-grade encryption and complies with existing regulations. It automates Know-Your-Customer verification and integrates a secure framework to ensure that the proprietary financial information of applicants remains fully protected throughout the transaction process,” he said.
Under the terms of the facility, successful applicants will receive a minimum financing package of $10 million, with repayment periods extending for at least seven and a half years.
Beneficiary companies will be expected to dedicate between 35 and 50 per cent of the financing towards the purchase of eligible machinery, equipment, goods and services from European suppliers. The remaining funds may be utilised within Nigeria or other approved markets.
NACCIMA said the programme is targeted at financially stable businesses with proven repayment capacity and a track record of sustainable operations.
Applicants must provide a minimum of three years of audited financial statements, demonstrate compliance with environmental, social and governance (ESG) requirements, and be verified members of recognised private-sector organisations such as NACCIMA, the Manufacturers Association of Nigeria, the Nigerian Association of Small and Medium Enterprises or the Nigerian Association of Small Scale Industrialists.
The association described the facility as part of its wider strategy to create dependable international financing routes for Nigerian industries and improve private-sector competitiveness.
“This initiative underlines NACCIMA’s commitment to building credible international financing pathways for Nigerian industries. By securing long-term capital through strategic global partnerships, we aim to enhance private sector competitiveness and drive sustainable industrial transformation across the nation,” NACCIMA stated.
The organisation said the facility is expected to support industrial expansion, encourage technology adoption, improve productivity and enable Nigerian businesses to compete more effectively in domestic and international markets.