The European Union (EU) and Germany have jointly launched an ambitious initiative to accelerate investments in renewable energy and improve electricity access across Nigeria, with a specific focus on rural communities.
The initiative, named GET.invest Nigeria, was officially unveiled as part of broader efforts to drive Nigeria’s energy transition through sustainable financing mechanisms.
Speaking at the launch event, Ms. Inga Stefanowicz, Team Leader for Green and Digital Economy at the EU Delegation to Nigeria and ECOWAS, emphasized the initiative’s significance in addressing Nigeria’s persistent power challenges.
“The EU remains committed to supporting Nigeria’s energy transition and sustainable growth. Reliable electricity is crucial for economic development, and unlocking finance for renewable energy solutions is vital to closing Nigeria’s energy access gap.
“Through GET.invest Nigeria, we aim to facilitate access to finance for renewable energy projects that will benefit businesses and communities across the country.”
Ms. Inga Stefanowicz, Team Leader for Green and Digital Economy at the EU Delegation to Nigeria and ECOWAS
The initiative is designed to unlock financing for sustainable energy projects and renewable energy businesses, with tailored solutions to address Nigeria’s unique energy challenges.
Weert Börner, Consul General at the German Consulate General in Lagos, reaffirmed Germany’s dedication to fostering sustainable economic development in Nigeria.
He highlighted the critical role of GET.invest Nigeria in catalyzing private sector investments in Nigeria’s renewable energy sector.
“Germany is proud to co-fund GET.invest Nigeria as part of our broader partnership with Nigeria in fostering sustainable economic development.
“By supporting private sector investment in renewable energy, we aim to strengthen Nigeria’s clean energy ecosystem and contribute to long-term economic growth. We look forward to seeing this initiative help unlock new opportunities for businesses and communities alike.”
Weert Börner, Consul General at the German Consulate General in Lagos
The initiative is being implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and will work closely with other donor-funded programs, including the Nigerian Energy Support Programme (NESP), co-funded by the EU and the German Federal Ministry for Economic Cooperation and Development (BMZ) since 2013.
Nigeria’s Commitment to Renewable Energy
At the launch event, Mamman Mahmuda, Permanent Secretary of the Federal Ministry of Power, reiterated Nigeria’s commitment to a cleaner and more sustainable energy future.
Represented by Assistant Director Mr. Temitope Dina, Mahmuda noted that the launch of GET.invest Nigeria comes at a crucial time in Nigeria’s energy transformation journey.
“With the right investments, policies, and technologies, we can create a cleaner, greener, and more resilient energy system.
“This transformation is not just a goal; it is a necessity for ensuring energy access for all Nigerians, reducing our dependence on fossil fuels, and enhancing our environmental stewardship.”
Mamman Mahmuda, Permanent Secretary of the Federal Ministry of Power
Nigeria, with its abundant renewable resources such as solar, wind, and hydropower, has immense potential to lead the way in Africa’s energy transition.
The government has outlined ambitious targets to achieve universal energy access and carbon emission reductions as part of its National Renewable Energy and Energy Efficiency Policy (NREEEP).
Mr. Lawrence Efanga Edeke, Coordinator of GET.invest Nigeria, underscored the initiative’s role in driving energy investments and helping Nigeria meet its climate and energy commitments.
“GET.invest Nigeria is not a silver bullet but an essential part of scaling up investments in the renewable energy sector.
“By working closely with project developers, financiers, and policymakers, we aim to mobilize the level of investment required to meet Nigeria’s ambitious energy and climate commitments, ultimately fostering a sustainable and inclusive energy transition.”
Mr. Lawrence Efanga Edeke, Coordinator of GET.invest Nigeria
In addition to support from the EU and Germany, GET.invest Nigeria has the backing of other European nations, including Norway, the Netherlands, Sweden, and Austria.
This strong international coalition highlights the global commitment to advancing Nigeria’s renewable energy sector.
The initiative aligns with the EU’s Global Gateway Strategy, which seeks to foster sustainable infrastructure investments worldwide, including clean energy projects across Africa.
Similarly, Germany’s involvement is part of its broader commitment to climate cooperation and green partnerships with African nations.
The launch of GET.invest Nigeria marks a milestone in the country’s journey towards a sustainable energy future.
With strong support from the EU, Germany, and other international partners, the initiative aims to unlock investments that will drive economic growth, enhance energy security, and improve the quality of life for millions of Nigerians.
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