The European Union and the European Investment Bank have invested €108 million through the Boost Africa initiative to support entrepreneurship across Africa, according to Tribune Online. The programme is expected to create about 15,000 jobs by channelling funding into African businesses and startups. The investment forms part of broader European efforts to strengthen economic development, innovation, and private sector growth on the continent, as reported by the Nigerian newspaper on its website.

The European Bank for Reconstruction and Development (EBRD) plans to invest $1.5 billion in Nigeria over the next three years. According to the managing director, these investments aim to facilitate trading activities by providing easier access to pre-import and post-export financing for importers and exporters in the country.

Gautier Mignot, the EU Ambassador to Nigeria and ECOWAS, stated that Nigeria is highly attractive to foreign investors, highlighting its "huge untapped potential" despite existing regulatory and infrastructure challenges. He noted that reforms implemented by the Nigerian government are enhancing investor confidence, as discussed on ARISE News prior to the Nigeria–EU Business Forum.

African startups saw a sharp rise in disclosed funding in August 2026, with the continent's top 10 deals raising a combined $428 million, representing 98.35% of the $435.2 million total raised during the month, according to Nairametrics Research analysis of The Big Deal data. Nigeria accounted for 83.7% of the funding, making it the dominant destination for startup capital on the continent during the period.

The Federal Government of Nigeria has reported securing over $380 million in investment commitments within the first 90 days of implementing the Nigeria Industrial Policy (NIP) 2025. This progress aims to enhance local manufacturing, exports, skills development, and industrial infrastructure, according to a report from the Office of the Federal Government.

Wema Bank has obtained a €50 million financing facility from EIB Global, the European Investment Bank's development arm, aimed at enhancing credit access for small and medium-sized enterprises (SMEs), particularly those owned by women and youth. The agreement was signed in Lagos and represents the first transaction between Wema Bank and EIB Global.