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smes in africa

Creating Winning Strategies for Year-Long Success
Kemi Ogunkoya
by Kemi Ogunkoya
December 29, 2020

Creating Winning Strategies for Year-Long Success

Strategies are essential elements of successful enterprises. Top-performing businesses leverage long-term plans to sustain the organisation’s business, preserve growth, maintain effective performance, and ensure profitability. These business leaders know that the advantage of long-term strategic plans is in their ability to stay relevant in changing economies. This year has shown us that change is inevitable. […]

https://www.sme360.ng/2020/09/26/why-smes-need-branding/
Seun Odegbami
by Seun Odegbami
December 28, 2020

Brand Storytelling for SMEs

Branding is one of the buzzwords of today’s marketing world; we see it in pages, books and several columns. It begs the question of how to intertwine it with our businesses. People have always told stories for ages, and some of the longest-standing books such as the bible are also written in stories for the […]

How to Leverage the Gig Economy for Effectiveness
Lawretta Egba
by Lawretta Egba
December 24, 2020

How to Leverage the Gig Economy for Effectiveness

The gig economy is an emerging phenomenon in the modern business environment that is charting the course for work and the workplace of the future. While the term “Gig” is relatively new, the market for wage payment per job and freelance is not. Over the years, the advent of digitization and globalization has created a […]

Different Ways Social Media can Help Reduce Operating Costs
Lawretta Egba
by Lawretta Egba
December 23, 2020

Different Ways Social Media can Help Reduce Operating Costs

Do you know that social media can help you cut down on operating costs? Managing a business can be a daunting task and growing a successful one requires scaling through the myriad challenges in the complex business environment. Financial issues are one of such common business challenges. The availability of funds or otherwise often impacts […]

7 Facts About Poultry Farming You Should Know
Linda Onyinyechukwu
by Linda Onyinyechukwu
December 23, 2020

7 Facts About Poultry Farming You Should Know

Poultry farming is an industry that has gained more traction in Africa over the past few years. It is the summary of the entire process involved in the rearing of birds for commercial purposes. Successful SMEs in Africa who are poultry farmers understand that the one vital factor in this industry is the realisation that […]

10 Tips On Planning Your Company Retreat
Folarin Olalekan
by Folarin Olalekan
December 22, 2020

10 Tips On Planning Your Company Retreat

Your company retreat is important to the development process of your business. Whether you are one of the executives of a large business or you own a small business, you need company retreats to enhance work relationships and encourage teamwork. SMEs in Africa can take advantage of company retreats to enhance morale, strategise, and create […]

Generate more customers in 2021
Seun Odegbami
by Seun Odegbami
December 21, 2020

Generate more customers in 2021

The new year requires planning if you intend to stay in continuity and for businesses to stay afloat, then you need customers or clients. One of the best ways of getting more customers at a low cost is going online. To get started, you need to ramp up your online presence through social media and […]

Opportunities and Challenges in Starting a Pharmaceutical Business in Nigeria
Linda Onyinyechukwu
by Linda Onyinyechukwu
December 18, 2020

Opportunities and Challenges in Starting a Pharmaceutical Business in Nigeria

Ever thought about starting a pharmaceutical business? The Nigerian pharmaceutical industry is one of the fast-emerging industries in Africa with potentials for further tremendous growth. This is largely because healthcare spending in Nigeria is often a private affair, out-of-pocket spending accounted for 70% of total health expenditure in 2016, compared with just 7% in South […]

5 Government Agencies that Lend Money to SMEs in Nigeria
Samuel Moore
by Samuel Moore
December 14, 2020

5 Government Agencies that Lend Money to SMEs in Nigeria

DID you know that you can access capital from government agencies for your SME? SMEs are very important to the development of a country’s economy. This is because they are the largest employer of labour. According to the National Bureau of Statistics, SMEs account for 50 percent of industrial jobs, constitute about 90 percent of  […]

30 Profitable Business Ideas for Africans
Shannon Okubor
by Shannon Okubor
December 11, 2020

30 Profitable Business Ideas for Africans

Are you in search of profitable business ideas you can start? Did you know that six out of ten fast-growing countries in the world are African countries? The African continent has experienced a significant improvement despite the lack of infrastructure, increased corruption, and other ills. In no particular order, let’s explore 30 profitable business ideas […]

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