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Thursday, February 2, 2023

BII, AGF Sign $75m Programme To Fund African SMEs

British International Investment (BII), the UK’s development finance institution and impact investor, and African Guarantee Fund (AGF), a leading Pan African guarantee provider, have...

Africa Climate Change Fund launches Women And Youth Entrepreneurship Project

The Africa Climate Change Fund (ACCF) Secretariat has launched a scheme to support mechanisms for climate adaptation finance for women entrepreneurs and youth. The scheme,...

ADF Approves $27.9m Grant for Savannah Agriculture Value Chain Development Project

The Board of Directors of the African Development Fund (ADF) has approved a $27.9 million grant to Ghana for the development of agricultural value...

More African Countries Join MultiChoice Africa Accelerator Programme

Following the success of the MultiChoice Africa Accelerator Programme, which secured $16 million (USD) of funding for six emerging businesses last year, the programme...

AfDB Provides Over $1.1bn To 20,500 Nigerian MSMEs

The African Development Bank (AfDB) says it has contributed over $1.1 billion in interventions for 20,500 Micro, Small, and Medium Enterprises in Nigeria. It claimed...

NBCC Holds Masterclass For MSMEs With Banke Meshida-Lawal As Lead Speaker

In its continuous bid in supporting the growth of Nigerian Micro Small and Medium Enterprises (MSMEs) as well as empowering them with the necessary...

FG To Spend N17tn On SMEs, Registers 650,000 Businesses

The National Collateral Registry (NCR), in partnership with the Central Bank of Nigeria's (CBN) Development Finance Department, has said that it has disbursed over...

Buhari Signs Start Up Bill Into Law

The Nigeria Startup Bill has been signed into law by President Muhammadu Buhari. Isa Pantami, Minister of Communications and Digital Economy, announced this on Wednesday...

Stanbic IBTC Partners FATE Foundation, Upskills Thousands of SMEs

In its commitment to upskill and improve Small and Medium Scale Enterprises (SMEs), Stanbic IBTC Bank, in partnership with the FATE foundation, has trained...

EXCLUSIVE: How Nigerians Can Leverage Selar To Create Wealth – Founder, Douglas Kendyson

Amid the rising inflation and unemployment rates in the country, wealth creation has never been more important for Nigerians. Inspired by the challenges creators...

AFDB Approves $25 Million Trade Finance Facility For FSDH Merchant Bank For Local Small And Medium-Sized Enterprises (SMEs)

The Board of Directors of the African Development Bank Group (AfDB) has approved a $15 million trade finance line of credit and $10 million...

New Research Finds Corner Shops Are Faring Well Against Big Box Stores In Emerging Markets, But Digital Challenges Remain

Today, Flourish Ventures released a new research report showing that corner shops are doing better than predicted despite protracted supply chain issues and big-box...

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