Development Bank of Nigeria logoDevelopment Bank of Nigeria

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DBN: Driving pre-seed in Nigeria, unique for funding riskier ventures with potential. Niteon a notable example. Key enabler for early-stage startups.

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Development Bank of Nigeria's Portfolio in Africa

Development Bank of Nigeria has made over 1 notable investments in African startups. Their most recent investment was in Niteon, announced on August 8th, 2025.
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Development Bank of Nigeria's Investment activity in Africa

With over $0 invested in African startups, their latest investment was a Pre-seed round in Niteon, announced on August 8th, 2025, closing at an undisclosed amounts.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Pre-seed
Niteon		NigeriaAug 08, 2025Undisclosed
Seed
VendEase		NigeriaMar 23, 2021$ 125,000
Seed
VendEase		NigeriaMar 23, 2021$ 125,000
Seed
VendEase		NigeriaMar 23, 2021$ 125,000
Seed
VendEase		NigeriaMar 23, 2021$ 125,000
Seed
VendEase		NigeriaMar 23, 2021$ 125,000

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Development Bank of Nigeria's Investment Distribution in Africa.

Development Bank of Nigeria's currently has Startuup investments spread across the following location(s)

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