The Director-General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) Charles Odii, has said the agency created 90,160 new jobs in the first quarter of (Q1) 2025, driven by targeted empowerment programs and strategic collaborations. In a statement signed by the management, the Q1 performance report of the agency has supported more than 116,000…
The Tony Elumelu Foundation (TEF) has sealed a $6 million strategic deal with United Arab Emirates (UAE) Office of Development Affairs and Khalifa Bin Zayed Al Nahyan Foundation (an affiliate of Erth Zayed) to empower additional 1000 young African entrepreneurs. The benefiting entrepreneurs from all 54 African countries will receive business training, mentorship, access to…
The Tony Elumelu Foundation (TEF), Africa’s leading champion of entrepreneurship, has announced the opening of applications for its 2025 entrepreneurship programmes. This is contained in a statement from the foundation’s website on Monday. It said aspiring and existing entrepreneurs from across Africa are invited to apply. It said they would receive world-class training, expert mentoring,…
Access to capital has been identified as one of the challenges facing small and medium-sized enterprises (SMEs) in the country. All over the world, SMEs are considered as the engine of the economy as they help governments to close the unemployment gap by creating jobs too. Speaking at a forum tagged: Investors 2.0, at the…
No matter the size of the business/company you run whether a Small, Medium Enterprises (SME), a startup, or a multinational company, keeping your cash flow running is one of the most critical things you can do. Unfortunately, sometimes that’s easier said than done! Statistics show that 80 per cent of micro small medium enterprises (MSME)…
