The Islamic Development Bank (IsDB) Group concluded its IsDB Group Day in Nigeria, convening senior government officials, private sector leaders, financial institutions and development partners to strengthen collaboration, promote investment and support private sector-led growth. The event also served to showcase the Group’s services across investment, trade finance, insurance, Islamic finance and capacity building. Discussions focused on Nigeria’s development priorities, including infrastructure gaps, access to finance for small and medium-sized enterprises, public–private partnerships, renewable energy and green infrastructure, and investment in human capital for youth and women. In the keynote address, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, linked the IsDB partnership and the Country Engagement Framework 2026–2028 to a goal of building a USD 1 trillion economy by 2030 and referenced sukuk as an instrument for financing. The programme included panel sessions and bilateral business-to-business and business-to-government meetings to explore practical cooperation and investment opportunities, and highlighted the roles of IsDB Group entities including ICIEC, ICD, ITFC, the IsDB Institute and THIQAH. The day closed with a reaffirmation of continued cooperation with the Nigerian government and private sector to expand investment opportunities and enhance the business environment.
Islamic Development Bank 2026-03-30
Islamic Development Bank concludes Nigeria Group Day to advance Country Engagement Framework 2026-2028 and private sector investment
The Islamic Development Bank Group held its IsDB Group Day in Nigeria to strengthen collaboration with government, private sector and development partners, promote investment and support private sector-led growth, while showcasing its services in investment, trade finance, insurance and Islamic finance. Discussions centred on Nigeria’s development priorities and the linkage between the IsDB partnership and the Country Engagement Framework 2026–2028 to the goal of building a USD 1 trillion economy by 2030, including the use of sukuk for financing, with the event concluding in a reaffirmation of continued cooperation to expand investment opportunities.