Why should SMEs get loans? The truth is that Small and medium enterprises (SMEs) play a big role in the economy. Although these SMEs grow in numbers, there are major setbacks such as lack of adequate capital and funding. As a business expands and gains a competitive advantage, the existing capital may not be enough […]
In a bid to improve the rate of unemployment in the country and aid farmers make bountiful harvest, farmers have partnered with the FG to provide equipment that will aid agriculture in rural areas. PUNCH reports, Farmers under the aegis of Food Growers Association of Nigeria on Monday announced their partnership with the Federal Government […]
Thirty startups from across Africa have moved to the regional finals of the Seedstars World competition, the overall winner of the competition is set to secure US$500,000 in funding. Disrupt Africa reports, The annual Seedstars World competition, which is taking place virtually for this cycle, received over 5,000 applicants from across the world, with 94 […]
Just like you, many business owners need bodies that offer loans without collateral. Are you thinking of expanding your business and establishing a broader market presence to boost your brand and sales? Then it must have occurred to you that you need capital to carry out that expansion. There are various ways you can raise […]
In this post, we will proffer answers to questions about SMEDAN registration for SMEs in Africa. These answers will help you make an informed decision and further guide you through your registration process. Having decided to register your business, below is a list of top 10 frequently asked questions to guide you through your registration journey. […]
The lack of financial support is unarguable, top on the list of the recurring challenges faced by SMEs in Africa. This gap between the finance available to SMEs and the finance that they need to attain their full potential is further widened by the competitive market for the limited supply of investors’ funds. This survey […]
If you haven’t heard about SMEDAN’s MSME Mass Registration exercise, then you need to read this. Earlier this year, SMEDAN launched the MSME registration exercise. There are several benefits of this exercise to SMEDAN and the MSMEs in Nigeria too. For example, SMEDANs MSME Mass Registration exercise will ensure that the body has an updated […]
It is almost impossible for SMEs to run without loans. Did you know that SMEs in Africa create employment as high as 80%? Africa has continued to expand remarkably as SMEs increase yearly. The challenge, however, for most SMEs in Africa is the lack of funding and access to credit. The government in various African […]
What do you know about NEDEP? SMEs in Africa are unarguably, one of the most important sub-sectors of the continent’s economy. These small businesses represent nearly 90% of all commercial ventures across various African countries, employ an astonishing number of citizens each year. They also contribute to the GDP of the countries within which they […]
By now you must have heard that SMEDAN has called for MSMEs in Nigeria to register on its portal. Completing your registration with SMEDAN comes with several benefits to these businesses; one such benefit is access to loans. We all know how much trouble it is to raise capital to start up and run businesses. […]
