Nigeria’s foremost Development Finance Institution (DFI), the Bank of Industry (BoI), has signed a landmark Memorandum of Understanding (MoU) with the Nigerian Belgian Chamber of Commerce (NBCC), setting the stage for deeper economic cooperation, expanded investment flows and stronger industrial partnerships between the two countries.
The agreement was signed during a high-level breakfast meeting jointly hosted by BoI and the NBCC with the theme: “Scaling Operations, Expanding Capacity, and Accessing Competitive Finance.”
The event convened senior government officials, diplomats, business leaders, development partners, micros, small and medium enterprises (MSMEs) and private sector stakeholders committed to advancing bilateral trade and industrial development.
Managing Director and Chief Executive Officer of the BoI, Olasupo Olusi, described the partnership as a strategic milestone in BoI’s drive to expand global collaborations that accelerate Nigeria’s industrial transformation.
This collaboration with the Nigerian Belgian Chamber of Commerce reflects our commitment to creating stronger international business corridors that unlock investment, facilitate technology transfer, support MSMEs, and strengthen Nigeria’s industrial competitiveness.”
