DBN supports MOE + Art Architecture, ADD.apt on sustainability
The Development Bank of Nigeria Plc (DBN) is embarking on a collaborative initiative with MOE + Art Architecture and ADD.apt on the screening of Material Lab programs in Nigeria.
Speaking on the partnership, the bank’s managing director, Mr. Tony Okpanachi, said: “DBN is focused on driving sustainable economic growth. Therefore, we will continue to partner with like minds to explore and propose solutions to the challenges that align with our three-pronged mandate. provide access to finance for underserved micro, small and medium enterprises in Nigeria, provide partial credit guarantee and roll out capacity building initiatives for PFIs and MSMEs. We are particularly excited by the research work carried out by our partners MOE + Art Architecture and ADD.apt and therefore call on all Nigerians to take this opportunity to stimulate innovation in the construction sector ”.
MOE + Art Architecture is an architectural and design practice with over 20 years of experience in strategic and innovative design and value-driven implementation and delivery with a strong affiliation with art and the new ever-expanding African creative sector. While ADD.apt’s focuses on architecture, design and data solutions and provides a bridge between architecture and environmentalism that aims to initiate and activate cultural change in living systems.
DBN is a wholesale development finance institution, established by the federal government in collaboration with global development partners (World Bank, AfDB, KfW, AFD and EIB) to address key financing challenges facing face micro, small and medium enterprises (MSMEs) in Nigeria. DBN fulfills this function by providing financial institutions, primarily deposit banks and microfinance banks, with on-lending facilities designed to meet the needs of this segment.