Development Bank of Nigeria Announced as Partner for the Africa Social Impact Summit 2024

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The Sterling One Foundation, co-conveners of the Africa Social Impact Summit, is pleased to announce the Development Bank of Nigeria (DBN) as a partner for the third edition of the Summit, taking place on July 25-26, 2024, in Lagos, Nigeria.

As a wholesale finance institution, DBN addresses the financing challenges faced by Micro, Small, and Medium-Scale Enterprises (MSMEs) in Nigeria, providing financing and partial credit guarantees to eligible financial intermediaries. With a proven track record of supporting millions of MSMEs and women-owned businesses, DBN’s partnership with the Africa Social Impact Summit aligns with its mission to scale sustainable solutions and drive impact investments.

“We are delighted to partner with the Africa Social Impact Summit, which shares our commitment to supporting impactful solutions that address Nigeria’s challenges,” said Dr. Tony Okpanachi, Managing Director and CEO of DBN. “We look forward to engaging with enterprises building impactful solutions and offering them ways to scale and grow.”

Olapeju Ibekwe, CEO of Sterling One Foundation, expressed her delight at having DBN onboard, citing the value of their insights and expertise in serving Nigeria’s vibrant MSME space. “This partnership offers a unique opportunity for Summit attendees to access credit and support for their impact-focused solutions,” she added.

The Africa Social Impact Summit, now in its third year, will take place on July 25-26, 2024, at the Eko Convention Centre, Lagos, Nigeria. Registration for in-person attendance is ongoing.

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