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Nigeria’s impact investment market has provided more than ₦1.1 trillion in financing to over 700,000 SMEs, showing growing investor confidence A recent study found that about $2.7 billion was invested in sectors including fintech, agriculture, healthcare and renewable energy in seven years While local financing is expanding through institutions like DBN and BoI, many mid-sized businesses still struggle to access funding
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
Nigeria’s impact investment sector has recorded significant growth, with more than ₦1.1 trillion in financing reaching over 700,000 small and medium-sized enterprises (SMEs), highlighting increasing investor confidence in businesses that deliver both financial returns and social impact despite the country’s economic challenges.
The latest figures were revealed in the Nigerian Impact Investment Landscape Study 2025, presented during a virtual industry session titled “From Data to Action: Trends, Capital Flows, Emerging Opportunities and Strategic Insights from
