May 13, 2021

Advantages of starting a VTU business in Nigeria

Ever considered starting a VTU business? A few years back, the well-known way of loading a phone with airtime or credit is by buying a recharge card. Then loading it on your phone with a USSD code. According to NCC, we have over 165 million active GSM LINES in Nigeria as of September 2018.  Nigerians […]

May 13, 2021

IMPACC Set To Invest Uo to $150k In Social Businesses In Africa

IMPACC has announced plans to provide smart equity investment of between $30,000 – $150,000 with a period of 6 to 12 months to social businesses in Africa. IMPACC which supports social and sustainable enterprises in fragile markets will be looking for businesses with sustainable high impact that provide innovative solutions to social, economic and environmental […]

May 12, 2021

5 Reasons Why Small Businesses Fail in Africa

Why do small businesses in Africa fail? The World Bank Group suggests that between 365 – 445 million SMEs are operating in emerging markets. The relevance of these SMEs cuts across localization of products is innovation. It gives them leverage to contribute immensely to the development of their host communities in various crucial ways.  The […]

May 12, 2021

How To Apply For Kwara State N3m Interest-Free Loans For SMEs And Entrepreneurs

The Kwara state government is now receiving applications for its Kwapreneur support programme. The initiative is targeted at providing interest-free loans ranging from N100,000 and N3 million to young entrepreneurs in the state. Kwapreneur is organised by the office of the Kwara State Social Investment Programme (KWASSIP). According to KWASSIP Acting General Manager, Mohammed Brimah, […]

May 11, 2021

8 Cheapest Businesses to start in Africa

Are you looking for the cheapest businesses to start in Africa? There are lots of business opportunities scattered across the African continent. Despite obvious challenges like poverty, Africa is evolving at a fast rate. Small businesses spring up daily, contributing majorly to the GDP of diverse countries in Africa. In Nigeria, SMEs contribute as high […]

May 10, 2021

Top 10 businesses you can start with 50,000 Naira in Nigeria

Are you looking for businesses you can start with 50,000 Naira in Nigeria? Entrepreneurship is fast gaining recognition among Nigerians who are no longer looking up to the Government to provide them with jobs. While several people want to own their businesses, not everyone can afford the cost of starting a business in Nigeria. However, […]

May 10, 2021

United Nations Launches Global Competition For Food Startups And SMEs

The United Nations Food Systems Summit has announced the launch of an innovative competition for food startups and SMEs. The competition aims to find the best SMEs from around the world that are transforming existing food systems and achieving Sustainable Development Goals (SDGs). Dr. Agnes Kalibata, Special Envoy of the UN Secretary-General for the 2021 […]

May 10, 2021

Applications Now Open For $2m African Agri Tech Prize

The Milken Institute and the Motsepe Foundation have partnered to launch a US$2 million agri-tech aimed at supporting innovative solutions in the farming space. The agri-tech prize is part of the wider Milken-Motsepe Innovation Prize programme, a multi-year initiative to focus global innovators and entrepreneurs on developing technological solutions that accelerate progress towards implementing the […]

May 8, 2021

The major marketing challenge for businesses today

If you run an SME in Africa, you likely want to know what marketing challenge you are likely to face. Just like you, a survey was conducted a few days back by a team I worked with for the same reason. They wanted to know the challenges faced by Small and medium organizations. Out of […]

May 7, 2021

The system process-flow to revitalize a slowing business

How do you revitalize a slowing business? If there is one major lesson we have come to learn in the marketplace, it is that “irrespective of its reach and impact, no business is completely immune to slowing down and potentially dying out”. We’ve seen brands that had been identified once as global giants, the likes […]

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