As the Federal Government opens other 80 approved land borders with Nigeria’s neighbours today, importers and Small and Medium Enterprises (SMES) entrepreneurs operating around border communities are seeking palliatives to cushion the adverse effects the over one year closure had brought upon their businesses. The importers and SMEs owners said they had lost an estimated […]
In May2020, the International Institute of Tropical Agriculture (IITA) partnered with the Mastercard Foundation to start the Young Africa Works-IITA Project, an innovative approach to agribusiness training and start-up for Nigeria’s young people. Africa business communities report that, This project was developed in consultation with young people, policymakers, educators, and entrepreneurs as part of the […]
Duro Kuteyi, the National President, Association of Food and Agro Processors (AFAP), has appealed to the Central Bank of Nigeria (CBN) to assist Small and Medium Enterprises (SMEs) to easily access foreign exchange for procurement of machinery. According to a news report by NAN, he made this appeal while speaking at the Award and End-of-Year […]
Vanguard reports that, The American Business Council and the US Chamber of Commerce’s US-Africa Business Center, USAfBC, recently recognised three Nigeria-based start-ups for positively impacting job creation and pandemic recovery in the country. The start-ups got Digital Innovation Awards, $40, 000 cash and are to receive mentorship. The three start-ups include: an education technology platform, […]
Nairatmetrics reports that , The Economic Sustainability Plan was born with the constitution of a 10-man steering committee to drive the implementation of the various support schemes for small businesses especially Micro, Small and Medium Enterprises (MSMEs) in the country. The Federal Government has said that it is funding the registration for 250,000 Micro, Small […]
In times of change, entrepreneurs get to work building the future. As the world’s largest pre-seed startup accelerator, the Lagos Founder Institute can help entrepreneurs grow. The institute is committed to launching impactful businesses that will leverage the force of technology to tackle some of Africa’s most intractable challenges. Tech build reports, The Lagos ecosystem […]
In line with its food security blueprint, the Central Bank of Nigeria (CBN) has released N12.552 billion to large, medium and small-scale poultry farmers in the country. The Sun reports, the Director, Development Finance Department, Mr. Phillip Yila Yusuf, who confirmed the development, explained that the disbursement of funds to farmers was an on-going process […]
The interventions target 100, 000 smallholder legumes farmers across the 44 local government areas of the state, over five years, beginning from the 2020/2021 planting season. Vanguard reports, Kano State Agro-Pastoral Development Project, KSADP, and the Kano Agricultural and Rural Development Authority, KNARDA, have launched collaboration for the implementation of agricultural interventions worth 3.23 million […]
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Bank of Agriculture (BOA), desirous of building synergy in key areas of their respective mandate, have jointly scheduled an intervention – Matching Fund Programme for MSEs – to boost the output of micro and small enterprises (MSEs) across the country. A press statement […]
During a webinar on December 8th, EFInA recognized how COVID-19 has affected businesses globally, torn down existing systems and supply chains, inhibited access to capital or markets due to restrictions, and left families struggling to make ends meet. BellaNaija reports, Enhancing Financial Innovation & Access (EFInA) launched a £2 million COVID Fund to support solutions […]
