BOI and IsDB Sign Landmark MoU to Foster Sustainable Economic Development

The Bank of Industry (BOI) and the Islamic Corporation for the Development of the Private Sector (ICD)—a member of the Islamic Development Bank (IsDB) Group—have signed a landmark Memorandum of Understanding (MoU) to establish a collaborative framework focused on advancing sustainable economic development.

This strategic partnership reflects a shared commitment to mobilizing capital for impact, deepening financial cooperation, and supporting the growth of private enterprises in alignment with the Sustainable Development Goals (SDGs) and Nigeria’s national development priorities.

As Nigeria’s leading development finance institution, BOI remains steadfast in its mission to forge partnerships that catalyze industrial transformation, enable ESG-aligned investments, and foster inclusive economic growth.

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