SME360

August 3, 2021

AFRICA: $58m From Acumen For Climate Resilience Of Smallholder Farmers.

Facilitating climate change adaptation for smallholder farmers. This is the aim of the Acumen Resilient Agriculture Fund (ARAF) launched by Acumen, an organisation known in Africa for its impact investments. ARAF is funded by the Netherlands Development Finance Corporation (FMO), the Soros Economic Development Fund (SEDF), the Children’s Investment Fund Foundation (CIFF), the Ikea Foundation, […]

by Adzer Iwanger

August 2, 2021

FCMB To Empower Agribusiness, Others with AfDB’s $50m Credit Facility

First City Monument Bank (FCMB) has said that women and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy will soon have access to long-term funding courtesy of a $50 million credit facility from the African Development Bank (AfDB). The bank said the $50 million credit line will narrow the lending gap to […]

by Adzer Iwanger

July 30, 2021

ImpactHER Offers Free Websites To Women-Owned Businesses In Africa .

A leading pan-African non-profit organization, ImpactHER, is offering free e-commerce websites to women-led businesses to motivate women entrepreneurs and help promote the online presence of their businesses. The websites will enable more women-led businesses to leverage the digital marketplace to access new customers, build credibility, and increase sales. All websites will be equipped with Search […]

by Adzer Iwanger

July 29, 2021

Lead Africa Pledges €100,000 For 20 African Startups .

In a bid to accomplish the United Nations Agenda 2030 and agenda 2063 of the Africa Union, an international non-governmental organization, Lead Africa International, has pledged to support up to twenty, (20) startup businesses with 100,000 euro. The Managing Director of Baden-Wurttemberg Development Cooperation Foundation, Philip Keil, disclosed this at the opening of a three-day […]

by Adzer Iwanger

July 28, 2021

This US-Based Fund Wants To Invest $5m In African Startups .

In the first half of this year, investments in African startups have risen back to pre-covid levels. While there’s more excitement about big investment firms like Sequoia and Tiger Global who are making bold statements about their interest in Africa with their investments, some newer players are looking to take part in the action. One […]

by Adzer Iwanger

July 27, 2021

How To Apply ForSME Clinic ₦100,000 Small Business Grant

As a small business owner in a pandemic-ridden world, finding ways to adapt your business to the new normal — social distance, remote work, and tech adoption, among others — is important if your business will survive. This is all the more important in Nigeria given the peculiarities of the SME space, one of which […]

by Adzer Iwanger

July 26, 2021

Africa: Huawei to Invest U.S.$150 Million in Africa’s Digital Talent Development

Huawei has said it plans to invest $150 million in digital talent development over the next five years, which will be beneficial to about three million youths in Africa. The technology company in a statement quoted its Chairman, Liang Hua, to have said: “Today we are announcing Huawei’s Seeds for the Future Program 2.0. As […]

by Adzer Iwanger

July 23, 2021

Google Support African Entrepreneurs With Two New Programs

Google has new programs at hand for the African entrepreneurs with their $6m funding to support the growth of the African youngsters. Called Black Founders Fund (BFF) Africa, a $3m will be used to fuel 50 early startups in their business. They will be financed with a $50k to $100k grant, and not required to […]

by Adzer Iwanger

July 22, 2021

WiT Startup Pitch 2021 Is Back, With $250,000 Worth OF AWS Credits And Support

WiT’s annual Startup Pitch is back, bolstered by the continuing collaboration with Amazon Web Services (AWS), the world’s most comprehensive and broadly adopted cloud, for the fourth year running. AWS will provide over US$250,000 worth of AWS credits and technical support towards WiT Startup Pitch 2021 through the AWS Activate program, which provides startups with […]

by Adzer Iwanger

July 21, 2021

2.2 Million Farmers Benefit From FG’s N12.3 Billion Agric Subsidy

The Presidency has said that more than 2.2 million farmers are set to receive about N12.3 billion agricultural subsidy from the Federal Government in a few weeks. This is as Presidency officials confirmed that President Muhammadu Buhari had already approved a N6.15 billion agricultural subsidy for the first batch of 1.2 million farmers. According to […]

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