UPFIELD Announces Etihad Airways Chef As Winner Of The First Vegan Dessert Category In This Year’S Emirates Salon CulinaireAR’S EMIRATES SALON CULINAIRE Group condemns attack on Ebonyi community 17,000 to date receive AstraZeneca’s first blow to Enugu – Official Concussion education leads to increase in World Rugby course completions to 1.8 million Nigeria registers 89 new COVID-19 infections, now totaling 164,000 Hon. Bolaji Dada charges women to actively participate in politics UN mandates ECOWAS with policies to protect and recognize women in informal sectors UN COVID-19 pooled fund funded 40% of medical supplies in Nigeria – Kallon FCTA educates farmers on resilient agriculture and food security systems Guber seeker advocates innovative approaches to boost Anambra IGR Chibok girls always on our minds, says the presidency NSCDC foils jailbreak attempt at correctional facility in Ubiaja, Edo Edo 2020: a sports festival to never forget – MOC Lawan is committed to supporting the profession of surveyor COVID-19: Osinbajo warns against vaccine nationalism COVID-19: Traditional leader tells Nigerians to put fears aside and get vaccinated Police confirm attack on Nsukka community Delta to host 21st National Sports Festival Debt figures published do not relate only to the FG – DMO FG reaffirms its commitment to securing the release of Chibok Girls Health group seeks media support to fight tuberculosis PDP Southwest Zone Congress: Caucus of Representatives Welcomes Result Farmers want insect-resistant, high-yielding cowpeas – NABDA Lagos Govt. recognizes Nigerian actresses Voriancorelli seeks N20 billion on Lagos Commodities Exchange Next NSF winners to go home with ‘Giant Eagle’ trophy Nigerian diaspora donates trumpets to NFSC OECD and AfDB strengthen the fight against corruption and the fight against corruption in companies Egbe-Idimu community unveils N250m trust fund 67,500 pregnant women will receive nutritional supplements in Kaduna The FG will sanction those who violate the rules on expatriate quotas – Minister Lagos inaugurates a 5-year agricultural roadmap Traditional leader urges Nigerians to take COVID-19 vaccine The FG appoints the boards of directors, the heads of certain educational agencies WHO and the International Organization of la Francophonie (OIF) sign a memorandum of understanding to strengthen access to health care in French-speaking countries The Minister ensures the implementation of the law on the FCT public service commission #ImagineCircularity: The circular transformation will not be broadcast live Nigeria can host African Games with facilities in Benin – Dalung Ramadan: Osinbajo preaches love, kindness, generosity UN Secretary-General’s Special Envoy for Libya discusses UN-African Union cooperation in support of Libya with AU Commissioners in Addis Ababa Kenya Private Sector Alliance (KEPSA) and Canada-Africa Chamber of Commerce Announce Major Memorandum of Understanding (MoU) FEC Approves N532m for UI Library Extension Over 1.2 million children not yet vaccinated in Nigeria – UNICEF Sweden invests heavily in global access to vaccines in fight against COVID-19 pandemic School exclusion in Madagascar during COVID-19 FG refutes Obaseki’s claims about the state of the economy Coronavirus – Malawi: COVID-19 update (April 13, 2021) Coe warns of effect of further Tokyo Olympics postponement UN-Habitat and Swedish International Development Cooperation Agency (SIDA) partner in cash transfer initiative to protect residents of Kismayo from effects of COVID-19 pandemic Mass Sack: Kaduna NLC calls for prayers
"MSME News"
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APO1 week agoAcross the pandemic and beyond: new report reveals regional partnerships key to recovery from COVID-19 in Africa
A new report from the African Centers for Disease Control and Prevention (Africa CDC) and UNDP presents the main results of the evolution of the partnership between the two organizations in response to the COVID-19 pandemic. With over 3 million people infected and nearly 100,000 lives lost across the continent, the report highlights societal resilience across sectors, Africans’ sheer determination to minimize the impact on health, as well as disruption. social and economic consequences of the pandemic. From the onset of the COVID-19 pandemic, the African Union was one of the first regional institutions to adopt a common continental strategy for the COVID-19 outbreak (https://bit.ly/39Kb6E7). As part of the Strategy, and in line with UNDP’s institutional offer to help countries prepare for, respond to and recover from COVID-19, the Regional Office for Africa has established a strong partnership with the Africa CDC. Dr. Ahmed Ogwell Ouma, Deputy Director of Africa.
- APO1 week ago
Verdant Capital raises $ 9.9m in Series A capital for Tugende, a leading MSME lender in East Africa
The transaction is the most recent for Verdant Capital’s award-winning FinTech and Financial Inclusion investment banking franchise (www.Verdant-Cap.com). Partech Africa, part of the Partech Group, a leading global technology venture capital fund, and Enza Capital have invested in the USD 3.6 million extension round – agreed and structured in 2020 – bringing the total volume of the Series A at $ 9.9 million. This comes in addition to the first close led by Mobility 54, the Africa-focused venture capital entity backed by the Toyota Group, as well as $ 12 million in debt financing raised over the past 18 months, by through institutional investors from the UK, Germany, Switzerland, the Netherlands and South Africa. Verdant Capital acts as financial advisor and arranger to Tugende for its increases in equity and debt. The MSME credit deficit in sub-Saharan Africa is over US $ 331 billion per year, with a gap of.
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AMA1 month agoBoost Ghana and KudiGo Selected as First Cohort of Catalyst Fund’s Inclusive Digital Trade Accelerator
Both companies enable informal micro and small enterprises (MSEs) in Ghana to grow their businesses and take better advantage of digital commerce. ACCRA, Ghana, March 15, 2021 – / African Media Agency (AMA) / – The Catalyst Fund’s Inclusive Digital Commerce Accelerator, managed by BFA Global, in partnership with the Foundation’s COVID-19 Recovery and Resilience Program Mastercard and the Meltwater Business School of Technology (MEST) today announced the first cohort of digital commerce companies to scale, aiming to improve the livelihoods of informal MSEs in Ghana. Boost Ghana and KudiGo are enabling small retailers to grow by facilitating business management, digitizing operations, improving access to working capital, and reducing the cost of doing business, while providing suppliers with efficient access to customers. of MSE in the field. Both companies will receive up to US $ 120,000 in equity funds, along with: ● In-depth, personalized, and expert-led business acceleration support; ●.
- APO1 month ago
Canada World Youth and Africa Skills Hub partner to launch Women’s Entrepreneurship and Livelihoods Initiative (WELI)
The Africa Skills Hub (www.AfricaSkillsHub.com), a youth employment organization and business incubator in Ghana, will partner with Canada World Youth – Canada World Youth (JCM-JCM) with the support of ‘Global Affairs Canada (GAC) to implement Women’s Entrepreneurship and Livelihoods Initiative (WELI) (www.AfricaSkillsHub.com/weli). The project addresses the challenges resulting from the COVID-19 pandemic through an innovative, youth-centered and gender-sensitive economic empowerment approach. “COVID 19 has threatened the survival of many women’s businesses, there is still a lot of hope to build back better. There is a recovery ahead, and while Covid may have disrupted so much, it has also provided huge alternative opportunities to branch out and do gender responsive programming in a new way ” said Daniel Antwi, executive director of Africa Skills Hub. Africa Skills Hub officially launched various activities in Ghana and Senegal. In Ghana, the project is taking place in two (2) peri-urban councils in the district.
- APO4 months ago
Nestlé partners with Nomanini and Standard Bank to empower informal retail traders across the Eastern and Southern Africa Region
Informal retail Micro, Small and Medium-Sized Enterprises (MSMEs) across the Eastern and Southern Africa Region (ESAR) are set to receive a technological and operational boost for their businesses, thanks to Nestlé, Nomanini (www.Nomanini.com) and Standard Bank. Announcing the project today, Bruno Olierhoek, Chairman and Managing Director of Nestlé ESAR, emphasised that the region’s economic growth is interdependent on strong partnerships amongst various stakeholders, including the informal retail sector. “As one of the fastest-growing consumer retail markets in the world, Africa is full of economic potential. This potential lies firmly within the informal retail sector, which constitutes the vast majority of the retail market in Africa. To give impetus to this positive outlook, we have leveraged Nomanini’s technology to unlock business opportunities, drive economic growth, create jobs and improve ways of doing business.” The vast majority of retail transactions in Sub-Saharan Africa are cash-based and occur in informal channels, according to IFC.
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Economy5 months agoOPSN seeks collaboration with government’s regulatory agencies, entrepreneurs
The Organised Private Sector of Nigeria (OPSN) says a collaborative interface with government’s regulatory agencies and entrepreneurs on regulatory processes will improve Micro, Small and Medium Enterprises (MSME) operations. Mr Soji Apampa, Co-founder, Convention on Business Integrity (CBI), spoke at the Public Private Dialogue/Survey Launch hosted by the Lagos Chamber of Commerce and Industry (LCCI) and Centre for International Private Enterprise (CIPE) on Thursday in Lagos. Apampa said a survey was done on 501 businesses comprises 376, 76 and 49 for Lagos, Abia and Kano respectively. The News Agency of Nigeria reports that the Dialogue was entitled: ” Transactional Accountability, Process Consistency, and Operational Transparency of the National Agency for Food, Drug, Administration and Control (NAFDAC)”. Apampa said the survey’s key findings revealed that 65 per cent of respondents experienced cost differentials in cost learnt and actual cost paid with 82 as percentile value for informal and non receipted payments. He said that.
- Economy5 months ago
MSMEs: FG inaugurates committee for professional services
The Federal Government on Thursday inaugurated the National Steering Committee of National Business Development Services Providers (BDSPs) certification and accreditation framework to ensure professional support to Micro Small and Medium Entrepreneurs (MSMEs). Amb. Mariam Katagum, the Minister of State for Industry Trade and Investment, while inaugurating the committee in Abuja said the certification and accreditation framework would set standard for business development service interventions. The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and MAFITA, a UK aid funded intervention in Nigeria had worked assiduously to develop the framework for MSMEs development in Nigeria. Katagum said that the committee was apt considering lack of access to affordable and credible business development services which had been one of the major challenges militating against MSMEs growth and development in Nigeria. The minister, while commending SMEDAN and its partners said that the accreditation would standardise curriculum for deployment of relevant business development.
- Features5 months ago
Why FG is repackaging social intervention programmes
By Rotimi Ijikanmi The Federal Government says it will repackage its social intervention programmes to ensure it reached more people at the grassroots. Minister of Information and Culture Lai Mohammed disclosed this when he featured on Nigeria Television Authority programme, “Good Morning Nigeria.” Speaking on the programme monitored by the News Agency of Nigeria (NAN) in Abuja, the minister said the decision was sequel to the complaints by Nigerians that the social intervention programmes were not trickling down to the grassroots. He said the reports from the ministers when they interacted with the people in their states as directed by President Muhammadu Buhari was that the programmes were not reaching as many people as they ought to. The minister said the same complaint was made when the presidential delegation led by the Chief of Staff to the President, Prof. Ibrahim Gambari, met with traditional rulers and other stakeholders in the.
- Economy5 months ago
Feedback indicates MSMEs Survival Fund achieving desired results – Presidency
The presidency says feedback from across the country indicates that the Micro Small and Medium Enterprises (MSMEs) Survival Fund is achieving the desired result, giving succour to small businesses. Mr Tola Johnson, the Special Assistant to the President on Micro Small and Medium and Medium Enterprises (MSMEs), Office of the Vice President, disclosed this while giving an update on the ongoing implementation of MSMEs Survival Fund on Tuesday in Abuja. The Survival Fund Scheme for MSMEs is captured under the National Economic Sustainability Plan drafted by the Vice President Yemi Osinbajo-led Economic Sustainability Committee and approved by President Muhammadu Buhari. “The assurance we are giving Nigerians is that this scheme was approved by the president; he has made provisions for the funding of the scheme. “Nothing is going to change; nothing is going to affect the approval; nothing is going to affect the implementation of programme; nothing is going to.
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COVID-195 months agoCOVID-19: FG urges women to apply for MSMEs grant
The Federal Government has urged female entrepreneurs to apply for its ongoing intervention grant for Micro, Small and Medium Enterprises (MSMEs) to enable them overcome challenges posed by the COVID-19 pandemic. Amb. Mariam Katagum, the Minister of State for Industry, Trade and Investment made the call at a news conference on the implementation process of the survival fund on Tuesday in Abuja. Katagum, who is also the Chairperson, Programme Steering Committee, said the Project Delivering Office (PDO) for the scheme was receiving feedbacks from Nigerians since its registration portal opened on Sept. 21 for applicants. According to her, the project, which will run for an initial period of three months, has provisions for 45 per cent female-owned businesses and five per cent for those with special needs. She however noted that there had so far been low women enrolment on the scheme, and therefore called on state and local governments, and.
