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ECOWAS, Sterling Bank partner to channel $50 million to Nigerian businesses

Apr 25, 2025•about 1 year ago

Contract Type

partnership

Agriculture and Farming

Description

Sterling Bank has entered a strategic partnership with the ECOWAS Bank for Investment and Development (EBID) to channel $50 million in long-term funding to Nigerian businesses across high-impact sectors. The partnership aims to further strengthen Sterling’s Corporate and Investment Banking portfolio and its commitment to powering the ambitions of businesses building the future.

Company Information

Company

Sterling Bank

About

Renowned for its now famous HEART of Sterling strategy; which focuses on investments in Health, Education, Agriculture, Renewable Energy and Transportation; the Bank featured on the prestigious top 100 fastest growing companies in Africa, as published by the globally recognised Financial Times all in 2023. With its optimism about Nigeria, irreverent brand voice and enviable talent management practices, Sterling has been the most recognised awardee of the Great Place To Work Institute over the last 5 years and was named earlier this year as the Overall Best Place To Work In Nigeria.

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Strategic

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Based on industry data
Strategic partnership established
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