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Tag: SME

Tag: SME

LAGOS, GIZ PARTNER ON MSME’S GROWTH

The Lagos State Government has said its partnership with the Deutsche Gesellschaft für International Zusammenarbeit will promote the growth of Micro, Small, and Medium Enterprises in the state. The Special Adviser to the Governor on Commerce, Industry, and Cooperatives, Abiola Olowu, disclosed this, according to a statement on Monday, during a meeting of the steering […]

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AfDB, FCMB READY $50m FOR SME’s, WOMEN’s BUSINESSES

The African Development Bank, AfDB, has signed a $50 million Line of Credit Agreement with Nigeria’s First City Monument Bank (FCMB) to support access to finance for small and medium-sized enterprises (SMEs), as well as women-empowered businesses (WEBs). FCMB will use the proceeds of the Line of Credit to finance SMEs and WEBs in Nigeria’s […]

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AFRICAN DEVELOPMENT BANK’S AFAWA INITIATIVE ASKS BUSINESS ENABLERS TO APPLY FOR A SECOND ROUND OF FUNDING TO SUPPORT AFRICA’S WOMEN-LED BUSINESSES.

The African Development Bank Group’s Affirmative Finance Action for Women in Africa (AFAWA) initiative is launching its second call for proposals for the Women Entrepreneurship Enablers program, targeting women’s business associations, incubators, accelerators, women-led cooperatives, and civil society organizations that promote the development of women entrepreneurs on the continent. AFAWA is offering grants of up […]

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‘CONNECTED SERVICES’ TRANSFORM ALL ECONOMY: SME COMPETITIVENESS OUTLOOK

(Geneva) – The SME Competitiveness Outlook 2022, released today, puts the spotlight on four types of services – known as connected services – that drive transformation, regardless of economic level. The four – transport and logistics, financial services, information and communication technologies, and business and professional services – contribute directly to economic growth, with an […]

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