Nigeria-Africa Trade and Investment Promotion Programme

Purpose

The aim of NATIPP is to facilitate the expansion of Nigeria's trade and investment with the rest of Africa in a bid to promote economic integration in the continent.

Specifically, NATIPP will:

• Provide financing and/or payment assurances/ guarantees in support of Nigeria's trade and investments with other African countries;
• Avail the Country Export Programme (COEXPRO) to enhance Nigeria's trade and export related activities through export advisory services, financing, advocacy and capacity building initiatives;
• Support development of industrial parks and export processing zones in Nigeria through financing, technical assistance and other forms of investment promotion;
• Avail Global Facilities to Nigerian multinational corporations operating in multiple countries in Africa;
• Support emergence and expansion of Export Trading Companies (ETCs) in Nigeria;
• Provide financing to Maritime Merchants and Service Providers in Nigeria;
• Support the expansion of the Nigerian Creative Industry including but not limited to the film, entertainment and fashion industries;
• Support trade between Nigeria and the Nigerian Diaspora by among other things supporting acquisition and/or setting up of eligible franchises in trade and trade related activities and services;
• Support Nigerian companies and SMEs through a suite of products, programmes and services; and
• Provide advisory services to Nigerian investors to facilitate a higher volume of trade and investment between Nigeria and other African countries.

Benefits

Benefits of the Programme include:

• Expansion of trade in goods and services between Nigeria and other African countries as well as with Nigerian Diaspora;
• Growth of Nigerian SMEs by enabling them to expand their exports;
• Improved accessibility to trade finance solutions by using a variety of different instruments such as Letters of Credit (LC) Confirmation, Pre-export Finance, Payment Guarantees, Country Risk Guarantees, Investment Guarantees, Forfaiting and Factoring solutions to Nigerian businesses exporting to or importing from other African countries;
• Increased investments by Nigerian businesses seeking to invest in other African countries;
• Expanded opportunities for Nigerian companies bidding for and executing large contracts in other African countries by offering a variety of financing instruments such as Bid Bonds, Performance Bonds, Advance Payment Guarantees, Working Capital Guarantees, Supplier Credits, and other trade finance instruments.

Eligibility

Eligible Transactions

• Transactions supporting investments in manufacturing and processing of goods and services that will be traded between Nigeria and other African countries as well as with Nigerians in Diaspora.
• Transactions supporting capital and investment flows between Nigeria and other African countries;
• Export oriented projects promoted by Nigerian entities;
• Franchises set up by Nigerians in Diaspora actively trading with Nigerian businesses in various sectors including but not limited to ethnic foods, entertainment, fashion and design.
• Projects being sponsored by Nigerian companies in other African countries;
• Transactions supporting the exchange of goods and services between Nigeria and other African countries as well as with Nigerians in Diaspora;

Eligible Items

All goods and services will be eligible for support except:

• Armaments, ammunition and other military equipment;
• Psychotropic drugs or narcotics;
• All items for which international trade is prohibited for environmental reasons or by international conventions; and
• Pornographic and obscene materials.

How To Apply

The following information will be required at application stage:

• Brief information about the transaction or project;
• Company Profile and Ownership Structure;
• Board and Management Profiles;
• 3 years most recent financial statements and cash flow projections, as may be applicable;
• Business plan;
• Project Information Memorandum (where applicable);
• Any other information as may be required under NATIPP

Contacts

All enquiries regarding this programme should be sent to:

• NEXIM: neximabj@neximbank.com.ng
• Afreximbank: natipp@afreximbank.com
• NEPC: enquiries@nepc.gov.ng

Applications should be addressed to:

Specialised Business Department
Nigerian Export Import Bank (NEXIM)
NEXIM HOUSE, Plot 975 Cadastral Zone AO,
Central Business District, Garki, Abuja
Nigeria

Email: SpecialisedBD@NEXIMBANK.COM.NG

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