AFD and Nigeria

AFD A N D

NIGER

BURKINA FASO

Nigeria

Kano

BENIN

Abuja

TOGO GHANA

Ibadan Lagos Port Harcourt

CAMEROON

EQUATORIAL GUINEA

© Deji Akinpelu

GULF OF GUINEA

30 projects

financed in 10 years, including at the regional level

1.5 billion

euros of commitments since 2010

2 million

people benefit from improved access to drinking water

AFD began its activities in Nigeria 10 years ago and is now one of the country’s rightful partners.

Its unique position as a bilateral lender for varied financing solutions enables it to contribute not only to the development of a competitive economy that creates jobs and wealth, but also to a shared, inclusive and resilient development.

#WorldInCommon

OUR ACTION IN

AGENCE FRANÇAISE DE DÉVELOPPEMENT | NIGERIA

Nigeria 1

Financing the low-carbon energy transition

3

Diversifying the economy and modernizing public services

Available electricity power in Nigeria is insufficient for a country of 200 million people with growing needs. As the power sector is mostly privatized, it has a great need for investment and thus financing.

That’s why AFD assists the entire sector, through ensuring the security of the electricity system, developing renewable energies, and promoting energy efficiency.

In addition to direct financing for the private sector, which is essential for diversification of the economy, job creation and investment, AFD supports initiatives to further access to loans for small and medium-sized enterprises, notably through its partnership with the Development Bank of Nigeria (DBN) and guarantee mechanisms to share the risk with commercial banks.

AFD thus provides support for:

To help in modernizing services to enterprises, AFD supports the Government’s efforts to promote better management of public services, in particular by supporting the ambitious digital identity reform.

the national electricity production company Transmission Company of Nigeria (TCN), for the development of the interconnected network of electricity transmission; promoters of renewable energy and energy efficiency projects; strengthening private distribution companies of electricity (DISCOs); vocational training in electricity, via NAPTIN training centers.

2

Reinventing cities

Urban mobility, access to housing, access to drinking water and the sewage system, and waste treatment are all major challenges for a country like Nigeria, which has several cities with populations in the millions, the largest of which is Lagos with 20 million inhabitants.

Within this framework, AFD provides guidance in: implementing integrated urban transport programs, particularly in Lagos; governmental initiatives to further access to housing for low- and moderate-income families; the national urban water sector reform program, in particular by financing the improvement and extension of drinking-water production and distribution networks, developing access to urban ­sewage systems, and guiding water companies towards more ­efficient ­management;

In addition to these actions, support, in collaboration with other ­development partners for the governance of public administration is under ­consideration, in order to help guide the public authorities in increasing non-oil revenue.

4

Boosting agriculture, including at the regional level

The agricultural sector suffers from shortcomings in all areas: inadequate or unmaintained infrastructures, limited access to inputs and techniques, lack of farmers organizations, etc. Under these conditions, AFD focuses on the basic infrastructure (rural roads, irrigation, etc.) that can help free Nigeria’s agricultural potential.

At the African regional level, AFD provides support for the agricultural policy of the Economic Community of West African States (ECOWAS), in particular through co-financing with the European Union, as well as for conflict reduction and prevention in the Lake Chad region. With ECOWAS, AFD’s actions focus on food security and agriculture via technical and financial support for regional projects in the agricultural sector. In order to reduce tensions in the Lake Chad region, AFD ­provides guidance for a regional program implemented by Action Contre la Faim (Action against Hunger) to help vulnerable and ­displaced people.

urban waste treatment in several target cities in Nigeria that are already AFD partners, such as Kano and Abeokuta.

Abuja Country Office | Director: Olivier DELEFOSSE Relais International Business Center Building | 12 Charles de Gaulle Street, Area 11, Asokoro | PMB 5319, Wuse | ABUJA | FCT Tel: +234 (0) 703 249 47 71 / 72 | afdabuja@afd.fr