Lagos, Nigeria

    DEG Representative Office Lagos | Nigeria

    Since 2019, DEG has had its own office in Lagos to manage DEG activities in the West African region. DEG offers long-term finance and consultancy services especially to medium-sized enterprises. We also finance financial institutions and funds and infrastructure projects.

    Nigeria is one of the largest African economies. Around one quarter of Sub-Saharan Africa's economic output is generated by the country. At the same time, there are ongoing challenges such as the necessary diversification of the economy and necessary structural reforms. In Africa's most populous country, a growing middle class with increasing purchasing power has developed in recent years. In Nigeria, DEG is currently financing investments mainly in the financial sector, infrastructure and manufacturing industry.

    DEG’s network in Lagos

    Together with its partner bank Access Bank and the local German Chamber of Commerce Abroad (AHK), has opened a German Desk, a central point of contact for German SMEs and their clients. Since 2018 it has been offering one-stop banking services and financing opportunities.

    Success stories from the region

    Cream crackers from Nigeria

    The Nigerian family-run company Beloxxi produces so-called cream crackers in its state of the art production facility. These crispy wheat crackers are becoming more and more popular among consumers in Nigeria. Since 2016, DEG is invested in the biscuit company with equity.

    Female entrepreneur - empower through fashion

    The Nigerian Adenike Ogunlesi started with a small fashion shop. She is now the owner of Nigeria's leading children's clothing brand Ruff 'n' Tumble with more than 250 employees and 17 stores nationwide.



    Bernhard Tilemann

    DEG - Deutsche Investitions- und Entwicklungsgesellschaft

    DEG Office West Africa

    No. 1 Murtala Muhammed Drive

    Harbor Point Building

    Ikoyi, Lagos