Archives Tag: SMEs
SMEs’ Learning, Knowledge And Performance In Foreign Markets: A Survey
April 19, 2022
In today’s world, it has become increasingly difficult for countries to survive without a means of exchange which involves money, ideas, products and/or services. Advances in technology, economic freedom and exchange of information from the effects of globalisation have resulted in increased opportunities for firms to trade and invest more across borders. As a … Continue reading SMEs’ Learning, Knowledge And Performance In Foreign Markets: A Survey
By guestpost
How the Enugu SME Centre Supported Businesses and Careers in 2020
April 19, 2022
The Enugu SME Center was set up in 2005 to help create jobs, support small businesses, develop labour capacity, and reduce poverty in Enugu State. In 2020, it expanded many of its programs and introduced new ones. This was made possible through partnerships with the Central Bank, NIRSAL, Bank of Industry, and private sector concerns. … Continue reading How the Enugu SME Centre Supported Businesses and Careers in 2020
How to Bridge Nigeria’s SME Funding Gap
April 19, 2022
A majority of Nigerian SMEs aren’t getting the funding they need to scale. One report from the CBN says that between 2013 and 2017, only 5.3% of small and medium scale businesses in the country had access to bank credit. A staggering 85% of SMEs were unable to receive external funding. Read more about Business … Continue reading How to Bridge Nigeria’s SME Funding Gap
5 Things Nigerian SMEs Should Look Out for in 2021
April 19, 2022
The past year was tumultuous for business. Much of it was defined by COVID-19 and its effects on the economy. The virus blighted most of the commercial landscape in the first half of 2020; many businesses spent the second half of the year cutting their losses and rebuilding from a disadvantaged position. There’s a shared … Continue reading 5 Things Nigerian SMEs Should Look Out for in 2021
Connect Nigeria’s Top 10 SMEs of 2020
April 19, 2022
This year, Nigeria’s economy was hit by multiple threats. The COVID-19 pandemic crept up our shores and spread throughout the country, grinding commerce to a halt. Falling oil prices shrank the country’s FOREX receipts, causing the naira to weaken against the dollar. And later in the year, civil action disrupted business activities in some of … Continue reading Connect Nigeria’s Top 10 SMEs of 2020
Win €10,000 in The Youth-Led Innovation Challenge
April 19, 2022
Oxfam, a confederation of several international charity organizations, is offering two awards of €10,000 each to SMEs, startups, or individuals who devise a solution to the impact that COVID-19 has had on their communities and local businesses. Read more about Business It’s doing this through its Work in Progress! Alliance, which is operational in Egypt, … Continue reading Win €10,000 in The Youth-Led Innovation Challenge
BUSINESS Food TECH Top 100 SMEs
2019 CN’s Top 100 Emerging SMEs: Cato Foods
April 19, 2022
Cato Foods is an emerging Nigerian food production company that utilizes technology for the mass processing, packaging, and supply of edible commodities. The company aims to bolster the living standards of consumers especially those at the lower rung of society, by providing inventive, nourishing but inexpensive food products. Read more about 2019 CN’s Top 100 … Continue reading 2019 CN’s Top 100 Emerging SMEs: Cato Foods
Rensource Launches Digital Distribution Platform: Merchlist.co – connecting SMEs to customers during the lockdown
April 19, 2022
Rensource, Nigeria’s leading provider of critical merchant infrastructure on Thursday launched Merchlist.co – a digital platform that helps small and medium-sized retailers get discovered quickly while enabling servicing and fulfillment of customer orders online. The Merchlist.co platform was rapidly developed as a solution to keep SMEs viable during the COVID-19 pandemic and has two main … Continue reading Rensource Launches Digital Distribution Platform: Merchlist.co – connecting SMEs to customers during the lockdown
Websites We Love: Kia Kia
April 19, 2022
Many individuals and SMEs in Nigeria still have a hard time when it comes to accessing loans in Nigeria. This is due to a lack of credit information coupled with a high percentage of unbanked and underbanked individuals among the Nigerian population and the excessively complicated loan system typical of Nigeria banks. While several credit … Continue reading Websites We Love: Kia Kia
App Of The Week: Moneypal
April 19, 2022
In 2019, leading loan provider company, Zedvance, launched its mobile lending app, Moneypal, to make loans accessible to non-salary earners, especially Small and Medium Scale Enterprises (SMEs). The platform, which was earlier catering to only salary earners, launched the app in a bid to serve customers more efficiently and promote wide financial inclusion. Read more … Continue reading App Of The Week: Moneypal
2020 Vision: The Connect Nigeria Business Fair To Hold 6th & 7th March 2020
April 19, 2022
Africa is in a frantic race to end poverty and ensure that her people enjoy peace and prosperity by 2030 via the United Nation’s Sustainable Development Goals. Nigeria, like most African countries, is tasked to fast-track progress in achieving a socio economic and environmentally sustainable future for her close to two hundred million citizens with an increasing population living … Continue reading 2020 Vision: The Connect Nigeria Business Fair To Hold 6th & 7th March 2020
By guestwriter
Rensource Secures $20M in Series A financing to Power Nigerian SME Productivity
April 19, 2022
Start-up to develop tech-enabled value-added services for over 1m micro-SMEs Rensource, a company that provides energy and tech-enabled value services today announced the completion of a $20 million equity financing round. The round was co-led by existing investors CRE Venture Capital and the Omidyar Network, with participation from Inspired Evolution, Proparco, EDPR, I&P, Sin Capital, and Yuzura Honda. The funds will be … Continue reading Rensource Secures $20M in Series A financing to Power Nigerian SME Productivity
Apply for the $100 Million GroFin Business Fund
April 19, 2022
GroFin is offering to finance small and growing businesses across Nigeria. If you’re an entrepreneur and you need extra capital to scale up, you might get the support you’re looking for from them. Your business could get a boost worth between $100,000 and $1.5 million if your application meets their criteria. GroFin is a private … Continue reading Apply for the $100 Million GroFin Business Fund
Learn How to Get a Bank Loan at the SME Financial Forum Event
April 19, 2022
Have you had your request for a loan declined by the banks? Do you wonder what criteria they need you to meet before granting you a loan? There’s an event coming up which may finally answer these questions for you. SME Digest seeks to bring these answers to you in its SME Financial Forum, an … Continue reading Learn How to Get a Bank Loan at the SME Financial Forum Event
How to Apply for the CBN’s ₦10 Million AGSMEIS Loan
April 19, 2022
The Federal Government, through the Central Bank of Nigeria (CBN), is offering agricultural businesses and SMEs in Nigeria loans worth millions of naira at a single-digit interest rate. This facility is part of the Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS), an initiative designed to boost the ventures at the lower end of the commercial … Continue reading How to Apply for the CBN’s ₦10 Million AGSMEIS Loan
