iDICE — Investment in Digital and Creative Enterprises (Nigeria)
Program-specific (grants, training and financing under a ~US$600M+ multi-year envelope); individual amounts vary · Federal Government of Nigeria (with African Development Bank, Agence Française de Développement, Islamic Development Bank)
Nigerian government program (with AfDB, AFD and IsDB financing) to support digital and creative-economy enterprises through grants, training, incubation and financing for youth-led startups. Current status: unknown; Multi-year Nigerian public program in implementation; no universal founder application window or per-company grant amount is published. Award economics: Program-specific (grants, training and financing under a ~US$600M+ multi-year envelope); individual amounts vary; dilution/equity: mixed debt, equity, quasi-equity and support.
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Key facts
| Funder | Federal Government of Nigeria (with African Development Bank, Agence Française de Développement, Islamic Development Bank) |
| Amount | Program-specific (grants, training and financing under a ~US$600M+ multi-year envelope); individual amounts vary |
| Decision time | Delivery occurs through Bank of Industry and implementing partners/fund managers; founders must use a specific live component call. |
| Eligibility | Targets Nigerian youth aged 15–35 and digital-technology or creative enterprises; component-specific financing eligibility is not safely inferable from the overall program. |
| Restrictions | Component and financing-contract specific; the DICE funds include commercial capital, so this must not be treated as universally non-dilutive. Dilution/equity: mixed debt, equity, quasi-equity and support. |
| Status | unknown |
Always confirm on the official page before applying — dates and terms change.
Application process
- Identify a live iDICE skills, ESO, voucher or financing component
- Use the program website enquiry/application route
- Screening by BOI, implementing partner or appointed fund manager
- Receive component-specific training, business development or financing
Background
Federal Government of Nigeria (with African Development Bank, Agence Française de Développement, Islamic Development Bank) operates iDICE — Investment in Digital and Creative Enterprises (Nigeria). The official-source pass separates the currently actionable opportunity from historical cohorts and separates per-recipient value from headline program envelopes. AfDB says the program targets 175,000 people, 451 digital startups, 226 creative enterprises and 75 support organizations.
How the application really works
Identify a live iDICE skills, ESO, voucher or financing component → Use the program website enquiry/application route → Screening by BOI, implementing partner or appointed fund manager → Receive component-specific training, business development or financing
Tips
- Demonstrate: Digital or creative-sector fit in Nigeria
- Demonstrate: Youth employment and enterprise-growth potential
- Demonstrate: Fit to a specific implementation component rather than the headline $618m envelope
Watch out for
- Current status is unknown; do not use an archived form.
- Dilution/equity treatment: mixed debt, equity, quasi-equity and support.
- Component and financing-contract specific; the DICE funds include commercial capital, so this must not be treated as universally non-dilutive.
Track record
- AfDB says the program targets 175,000 people, 451 digital startups, 226 creative enterprises and 75 support organizations.
No founder-level acceptance rate; the headline beneficiary targets are program outputs, not awards currently available to one applicant.
Frequently asked questions
- Is this opportunity actionable now?
- unknown. Multi-year Nigerian public program in implementation; no universal founder application window or per-company grant amount is published.
- What is the real per-recipient economic value?
- Program-specific (grants, training and financing under a ~US$600M+ multi-year envelope); individual amounts vary. Award minimum: not published. Dilution/equity: mixed debt, equity, quasi-equity and support.
- Which jurisdictions and applicants are eligible?
- Targets Nigerian youth aged 15–35 and digital-technology or creative enterprises; component-specific financing eligibility is not safely inferable from the overall program.
- How does selection work?
- Identify a live iDICE skills, ESO, voucher or financing component; Use the program website enquiry/application route; Screening by BOI, implementing partner or appointed fund manager; Receive component-specific training, business development or financing. Delivery occurs through Bank of Industry and implementing partners/fund managers; founders must use a specific live component call.
- What appears to win?
- Digital or creative-sector fit in Nigeria; Youth employment and enterprise-growth potential; Fit to a specific implementation component rather than the headline $618m envelope
- What burden or follow-on should I expect?
- Component and financing-contract specific; the DICE funds include commercial capital, so this must not be treated as universally non-dilutive. Multiple skills, enterprise-support and finance components; no automatic follow-on for a participant.
Related grants
Sources
- www.afdb.org/en/news-and-events/frequently-asked-questions-idice-project-59933 — Official program financing, scope, inquiry route and implementing partners (checked 2026-08-10)
- www.afdb.org/en/news-and-events/press-releases/african-development-bank-and-partners-invest-618-million-nigerias-digital-and-creative-industries-59766 — Official envelope and target outcomes (checked 2026-08-10)
- www.afdb.org/en/documents/eoi-nigeria-domestication-startup-act-states-idice-programme — Official evidence the program remained in implementation in June 2026 (checked 2026-08-10)