Ministry of Budget and Economic Planning

government

Last mentioned: Feb 23, 2026

Timeline

  1. Operationalization Phase

    Fund begins building a pipeline of eligible social impact startups.

  2. Agreement Formalized

    NSIA and JICA sign the $50M Impact Innovation Fund deal in Abuja.

  3. Bilateral Discussions Begin

    Nigeria and Japan initiate talks on fostering entrepreneurship and innovation ties.

Stories mentioning Ministry of Budget and Economic Planning 1

funding Bullish

Nigeria and Japan Launch $50M Impact Fund for Social Innovation Startups

The Nigeria Sovereign Investment Authority (NSIA) and Japan International Cooperation Agency (JICA) have established a $50 million Impact Innovation Fund. This strategic partnership blends Japanese grant funding with Nigerian sovereign capital to support early-stage startups addressing critical social challenges.

2 sources