US, ESPartner, Ecobank budget $45m loan for 300 African SMEs

August 25, 2020

USADF, Ecobank

By Omobayo Azeez Target 300 entrepreneurs from Ghana, Ivory Coast, Kenya, Nigeria, Rwanda, Senegal, Uganda Agri-Business, Manufacturing, Energy and Renewables, Essential Services targeted sector 70% quota set for women-owned enterprises The trio of Entrepreneurial Solutions Partners (ESPartners), the United States African Development Foundation (USADF) and Ecobank have announced a sum of $45 million as non-interest […]

AU, Ecobank launch MSME Academy to improve access to funding opportunities

August 12, 2020

The African Union Development Agency (AUDA-NEPAD) in collaboration with Ecobank Group has announced the launch of the MSME Academy for over 100,000 Africa’s Micro, Small and Medium Enterprises with the aim of improving access to funding opportunities. The initiative, spearheaded under the AUDA-NEPAD’s 100,000<SMEs by 2021 programme, provides easy access to practical training and resources […]

MFS Africa acquires Beyonic to expand cross-border digital payments for SMEs

June 30, 2020

MFS Africa acquires Beyonic to expand cross-border digital payments for SMEs

Pan-African cross-border payments leader, MFS Africa, has announced its acquisition of Beyonic, a digital payments management provider of business services for Small and Medium Enterprises (SMEs), fintechs, and social impact entities across Africa. MFS Africa, the continent’s largest digital payments hub, connects more than 200 million mobile wallets on the continent through one API. Meanwhile, […]

The Ark Coaching Company pledges to enhance Africa’s economic development with maiden The Fix It conference

June 18, 2020

Ark Coaching Company pledges to enhance Africa's economic development with maiden The Fix It conference

Hamid Ayodeji The Ark Coaching Company has announced its preparedness to continue enabling Africa harness its enormous human and mineral resources by providing handholding and coaching services to entrepreneurs and franchises in order to enhance their access to capital and market. The company disclosed during a media briefing on Wednesday in Lagos that it will […]

First Bank set to host virtual SME clinic

May 8, 2020

FirstBank mentors youth on entrepreneurship, savings culture

stbank By Omobayo Azeez First Bank of Nigeria Limited has announced its readiness to host a virtual SME Business Clinic to provide insightful information on how small and medium enterprises (SMEs) can better manage the financial activities of their businesses. First Bank, Nigeria’s oldest financial institution has always pride itself as Nigeria’s premier and leading […]

Finding the right small business lender

Businessam StaffMarch 1, 2020

Banks stop consumer loans over Covid-19

By Dan Hughes at Fund Small Biz Are you looking for the best small business loans lender in your area? Has it been a struggle meeting payments, or have you received a new contract that requires more inventory? As a small business or entrepreneur have you been hesitant to seek to get a loan? Today, […]

Agric, manufacturing, fashion major beneficiaries of disbursed N18bn Nirsal loans

February 18, 2020

Agric, manufacturing, fashion major beneficiaries of disbursed N18bn Nirsal loans

5,000 applications from solution providers majorly in the agricultural, manufacturing and fashion industry have been approved as beneficiaries of N18 billion loan disbursed by NIRSAL in 2019. Abubakar Abdullahi Kure, managing director, NIRSAL Micro Finance Bank (MFB), disclosed this to pressmen Tuesday, following the 348th bankers committee meeting held in Lagos. According to Kure, a […]

FirstBank promotes small businesses in fashion industry

December 24, 2019

FirstBank promotes small businesses in fashion industry

By Omobayo Azeez   First Bank of Nigeria Limited has stimulated growth of small businesses through partnership and sponsorship of the recently held sixth edition of the Africa Fashion Week, Nigeria. The programmed, held in Lagos on Friday 20 and Saturday 21 of this month and themed ‘Africa Unites’, was a convergence of fashion entrepreneurs and the general […]