European Union Ambassador to Nigeria and ECOWAS, Gautier Mignot and Moussa Nakoulima, Regional Head EIB west and Central Africa.
European Union, is launching “From Capital to Impact,” a communications campaign
highlighting the achievements of the initiative and the experiences of innovative Nigerian
businesses supported through its venture capital investments.
Running from 1 November to 31 December 2026, the campaign will bring the impact of
Boost Africa closer to the public through entrepreneurial success stories, investment
insights, digital storytelling and media engagement.
Launched to address financing challenges facing innovative African businesses, Boost Africa
has helped strengthen the continent’s venture capital ecosystem by investing in funds that
provide financing and strategic support to promising startups and growing enterprises.
The initiative demonstrates how development finance can help mobilise private investment
and enable businesses to develop solutions, expand operations, reach new markets and
create employment opportunities.
*Putting Businesses and People Behind the Numbers*
At the heart of the campaign are stories of Nigerian businesses whose growth journeys
illustrate the wider impact of investment.
The campaign will feature companies including Daya, ChipMango and TradeDepot,
highlighting their innovations, entrepreneurial journeys and experiences working with venture
capital funds supported by Boost Africa.
From developing cross-border financial infrastructure to strengthening digital commerce and
creating opportunities for technology talent, these businesses demonstrate how investment
can support solutions to real economic and societal challenges.
Through founder interviews, beneficiary success-story videos, digital content and editorial
features, the campaign will explore not only the financing received by businesses but also
the expertise, networks and strategic support that help them grow.
*From Investment to Measurable Impact*
Boost Africa’s achievements extend beyond the capital committed to venture funds.
According to EIB-reported results as of December 2023, the initiative had invested €88
million, supported approximately 15,000 jobs and helped mobilise nearly €400 million in
additional investment across Africa.
These figures illustrate the potential of development finance to catalyse private investment
and strengthen the businesses contributing to Africa’s economic transformation.
The campaign will connect these broader achievements with the experiences of Nigerian
entrepreneurs, investors, employees and customers, demonstrating how investment
translates into tangible opportunities.
*Amplifying Africa’s Entrepreneurial Success Stories*
The From Capital to Impact campaign will feature a coordinated programme of social media
storytelling, video documentaries, thought-leadership articles and online media publications.
It will also provide perspectives from venture capital fund managers on the importance of
patient capital, technical expertise, business networks and investment partnerships in
helping African enterprises scale.
By making investment outcomes more visible and accessible, the campaign aims to
strengthen public understanding of Boost Africa’s contribution to entrepreneurship,
innovation and sustainable economic development.
The central message is simple: the true value of investment is reflected not only in the
capital deployed, but in the businesses strengthened, opportunities created and
impact made possible.
*About Boost Africa*
Boost Africa is a joint initiative of the European Investment Bank and the African
Development Bank, supported by the European Union. The initiative promotes
entrepreneurship and innovation across Africa by supporting venture capital funds investing
in innovative startups and growing businesses, alongside complementary technical
assistance and ecosystem support.
Media Contact
European Investment Bank
Press Office