Nigerian businesses looking to scale beyond their current capacity now have a fresh route to long-term capital. The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has thrown open applications for a $150 million offshore financing facility, and companies across more than a dozen sectors can already start putting their paperwork together.
The facility was unveiled at the Nigeria Infrastructure Conference (INFRACON 2026), held at the Afreximbank African Trade Centre in Abuja, and it comes through a partnership between NACCIMA and the German banking group ODDO BHF SE. For business owners who have spent years chasing local credit lines with short tenors and steep rates, this is a markedly different offer: loans starting at $10 million, single-digit interest, and repayment periods stretching to at least 7.5 years.
If you run a company that fits the profile, here is everything you need to know about applying for NACCIMA funding, from eligibility to the documents you will need to upload.
What Is the NACCIMA-ODDO BHF Financing Facility?
The programme is formally known as the ODDO BHF SE Offshore Expansion Financing Facility, and it was built to connect financially sound Nigerian companies with patient international capital. Rather than handing out grants, it functions as a structured loan facility aimed at helping businesses acquire European-made machinery, equipment and technology needed to expand production and improve efficiency.
Dr Waheed Olagunju, a former Managing Director of the Bank of Industry who now chairs the Joint NACCIMA-ODDO BHF Working Group Committee, has described the framework as a rigorous but achievable pathway for viable, environmentally compliant Nigerian firms to access serious capital. The arrangement was jointly presented alongside NACCIMA’s Digital Economy Coordinator, Dr Segun Olugbile, and the operational portal now sits at the centre of the entire application process.
Roughly 20 per cent of the total $150 million pool has been set aside specifically for digital economy projects, signalling that tech-driven businesses are just as much a target as traditional manufacturers.
Who Qualifies for NACCIMA Funding?
Before you open the portal, it helps to confirm you tick the basic boxes. NACCIMA has laid out a fairly specific eligibility framework, and businesses that fall short on any of these points are unlikely to get past the first review stage.
To qualify, a company must:
- Be legally registered in Nigeria, with valid CAC documentation
- Provide at least three years of audited financial statements
- Show compliance with Environmental, Social and Governance (ESG) standards
- Hold verified financial membership in a recognised private sector body, such as NACCIMA itself, the Manufacturers Association of Nigeria (MAN), the Nigerian Association of Small and Medium Enterprises (NASME), the Nigerian Association of Small Scale Industrialists (NASSI), or an affiliated chamber of commerce
It is worth stressing that this is not a small-business grant scheme. With financing starting from $10 million, the facility is built for established companies with a real operating history, not early-stage startups or micro-enterprises still finding their footing.
Which Sectors Can Apply?
The eligible sector list is broader than many applicants expect. NACCIMA has confirmed that businesses operating in the following areas can apply:
- Manufacturing
- Agriculture and agro-processing
- Energy and power
- Oil and gas
- ICT and technology
- Logistics and transportation
- Infrastructure
- Mining and quarrying
- Healthcare
- Pharmaceuticals
- Real estate
- Telecommunications
- Tourism
- Consumer products
- Financial services
- Entertainment
- Retail and trade
That spread covers most of the productive economy, which suggests NACCIMA is casting a wide net rather than restricting the facility to heavy industry alone.
How to Apply for NACCIMA Funding: Step-by-Step
Applications go through a dedicated digital portal at investment.naccima.ng, and the process is broken into several distinct stages rather than a single form. Here is what to expect once you create an account.
1. Company information: You will need your CEO or Managing Director’s name, registered company name, CAC registration number, date of incorporation, Tax Identification Number, and both registered and operational addresses.
2. Contact information: This covers your primary contact person, their designation, an official email address and a working phone number.
3. Chamber affiliation Applicants must supply proof of their chamber affiliation, a membership registration ID, and a Trustmark ID where applicable.
4. Business operations: The portal asks for details on your primary business sector, staff numbers, annual turnover, and workforce composition, including gender and age distribution.
5. Financing request: This is where you outline your project title, the purpose of the financing, a brief project description, the total facility amount requested (a minimum of $10 million), the percentage earmarked for European procurement, your target market, and details of the European machinery or services you intend to acquire, including the proposed country of origin.
A key structural condition sits inside this stage: between 35 and 50 per cent of whatever financing you receive must go toward purchasing approved machinery, equipment, technology or services from Europe. The remaining balance can be deployed within Nigeria or in other approved markets.
Financial Information and Documents You Will Need
Beyond the online form, applicants must be ready to submit hard financial data, including paid-up capital, turnover figures for the last three years, current debt exposure, classified debt, and EBITDA reports covering the same three-year window.
On the documentation side, have these ready before you start:
- A signed letter of intent
- A project summary
- CAC certificate of incorporation
- Audited financial statements for three years
- Proof of chamber membership
- Tax Clearance Certificates for three years
- Ownership and management profile
- Identification documents for directors and shareholders
- An ESG sustainability policy (optional, but recommended)
Final Declaration Before Submission
Once every section is complete, applicants must confirm a handful of declarations before the system will accept the submission. You will need to affirm that the funds will not be directed toward defence, military use or speculative trading, that at least 35 per cent of the financing will go into European procurement, that all information supplied is accurate, that your company meets ESG standards, and that you consent to data processing under Nigeria’s Data Protection Act.
NACCIMA has framed the initiative as part of a broader push to build credible international financing channels for Nigeria’s organised private sector. With Nigerian manufacturers and exporters routinely citing access to affordable long-term capital as one of their biggest constraints, a facility offering single-digit rates and multi-year repayment terms is a notable departure from what most local lenders currently provide.
For companies that meet the criteria, the equipment-linked structure also opens a technology transfer pathway that pure cash loans do not. Businesses are not just borrowing money; they are being pushed toward acquiring modern European machinery that could meaningfully lift their production capacity and competitiveness in both regional and global markets.
Applications are open now, and there is no indication yet of a closing date, though interested businesses would be wise to start preparing their documentation early given the depth of financial disclosure required.
To apply, visit: investment.naccima.ng/application/financing.php
