BOI iDICE Debt Fund 2026 — Borrow Up to ₦1 Billion for Your Tech or Creative Business in Nigeria

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The Federal Government of Nigeria, through the Bank of Industry, is offering loans of up to ₦1 billion to Nigerian tech and creative businesses under the iDICE Debt Fund. If you run a startup, creative business, or digital enterprise in Nigeria, this is one of the biggest funding opportunities available to you right now.



What is the BOI iDICE Debt Fund?


The Investment in Digital and Creative Enterprises (iDICE) Programme is a $617.7 million programme by the Federal Government of Nigeria designed to promote investment in ICT and Creative Industries. It is co-financed by the African Development Bank (AfDB), French Development Agency (AFD) and Islamic Development Bank (IsDB).


The $45 million debt facility is BOI's contribution to this programme — structured loans offered through Partner Financial Institutions (PFIs) to youth-led tech and creative startups across Nigeria.


What You Can Get

  • 💰 Loan of up to ₦1 Billion
  • 📉 Interest rate of just 10% per annum
  • 📅 Repayment period of up to 5 years
  • ⏳ 6 months moratorium — meaning you don't start repaying until 6 months after receiving the loan
  • No hidden fees beyond standard BOI loan charges



Who Qualifies?


To be eligible you must:

  • Be a CAC registered Nigerian business
  • Operate within the Tech or Creative sector
  • Have potential for rapid scale and global expansion
  • Meet BOI's Credit Assessment standards and KYC/AML requirements



What Counts as a Tech Business?


Your business qualifies as tech if at least one of these applies:

  •  Technology is your primary product (app, platform, API, device)
  •  Technology is your core distribution engine (digital marketplace)
  •  Technology is your core innovation (AI scoring model)
  •  Technology makes your business significantly more scalable than traditional alternatives


Examples of tech sectors that qualify:

  • Fintech — payments, lending, savings, credit, insurance, blockchain
  • HealthTech — telemedicine, diagnostics, patient records
  • EdTech — digital learning platforms, assessments, skills training
  • AgriTech — precision farming, supply-chain tech, commodity digitization
  • GovTech/CivicTech — identity, public service systems
  • ClimateTech/CleanTech — renewable energy tech, carbon solutions
  • Retail & E-commerce Tech — marketplaces, inventory systems, POS
  • Mobility & Logistics Tech — ride-hailing, delivery, fleet management
  • AI/ML & Data Companies — decision engines, deep learning
  • Cybersecurity — authentication, fraud detection, digital risk management
  • DevTools & SaaS — productivity tools, B2B software, cloud platforms



What Counts as a Creative Business?


Your business qualifies as creative if:

  • It generates value primarily from intellectual property, talent or cultural expression
  • Its products are creative or cultural in nature
  • Revenue relies on content creation, distribution or brand partnerships


Examples of creative sectors that qualify:

  • Film & Television (Nollywood) — production, post-production, distribution
  • Animation & VFX
  • Music & Sound — production, publishing, distribution, sound engineering
  • Fashion & Beauty — apparel design, accessories, modelling, styling
  • Photography & Cinematography
  • Gaming — studios, publishers, esports
  • Literature & Publishing — books, comics, scripts
  • Performing Arts — theatre, dance, spoken word
  • Visual Arts — painting, sculpture, digital art, NFTs
  • Content Creation & Digital Media — YouTubers, influencers, podcasters
  • Cultural Tourism & Heritage Experiences



                                                                   How to Apply




Applications can be made at:

  •  Any BOI State Office nationwide
  • The Creative and Digital Group under the Large Enterprises Directorate at BOI's Lagos Head Office


📍 Head Office: 23 Marina Road, Lagos, Nigeria

📞 Call: 0700-CALL-BOI | 0700 225 5264

📧 Email: idice@boi.ng | customercare@boi.ng

🌐 Website: www.idice.ng | www.boi.ng

📱 Follow: @iDICE_Nigeria on all platforms


Tips Before You Apply


  • Make sure your CAC registration is up to date — this is non-negotiable
  • Prepare a solid business plan showing scale potential
  • Have your financial records clean and ready for credit assessment
  • Walk into any BOI state office near you and ask specifically about the iDICE Debt Fund
  • You can also DM @iDICE_Nigeria on Instagram for guidance



Follow Naija Funding Opportunities on WhatsApp for daily alerts like this 👇

https://whatsapp.com/channel/0029Vb89n9sLY6cyViJlrU1V


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