Dear entrepreneurs, The last few days have been quite fun and event-filled for me. It’s giving Christmas already! I've been having an absolute blast attending events and soaking up the Christmas vibes! I have had to attend a couple of Industry events and end-of-year programs. And it looks like we are even just starting; I’ve got a couple of invites to some high-stake festive parties and hangouts and I am looking particularly forward to the music and food at those events!! . I am a foodie; a proud one. How is it at your end? What are your plans for this season? I know you are about to tell me how you plan to make massive December sales and also take time to make lofty plans for your business next year. Those are absolutely fantastic. But, do you have a fun plan? How do you plan to unwind? It's easy to get caught up in the hustle and bustle, but remember to take time out for yourself and your loved ones. Don't forget to have fun! Plan to make this holiday season one to remember, both personally and professionally! While we wrap up this year’s journey, let’s remember to enjoy the process—work hard, but also unwind. Stay connected, stay inspired. DON’T BE BORING! Here’s what I have for you today:
Trending Business NewsBoI Raises Loan Limit for MSMEs to N5 Million, Launches New Empowerment Programs
The Bank of Industry (BoI) has announced an increase in the limit for single-digit interest loans available to micro, small, and medium enterprises (MSMEs) to ₦5 million, as part of efforts to boost entrepreneurial growth and create jobs in Nigeria. Read more Mastercard to empower 10,000 MSMEs with User-friendly Digital and Financial Solutions
About 10,000 micro, small and medium-scale enterprises (MSMEs) will be empowered with cutting-edge digital and financial solutions to enable them to achieve sustainable growth and thrive in the digital economy. This empowerment is coming through the collaboration among Mastercard, Alerzo ( a Nigerian B2B e-commerce company) and the USAID-funded e-Trade Alliance. More details HERE Nigerian Government commences N50 Electronic Money Transfer Levy Deduction on Opay, Moniepoint, Kuda, and others Despite opposition, the Federal Government of Nigeria has commenced the implementation of the Electronic Money Transfer Levy (EMTL), charging N50 on electronic transactions of N10,000 and above processed through financial technology platforms like Opay, Moniepoint, Kuda, and others. Read more 2024: Google, Meta, X, others Paid N2.55trn Taxes to Nigerian Government in Six Months — NITDA
The National Information Technology Development Agency (NITDA) has announced that foreign digital companies, including Google, Meta, X (formerly Twitter), TikTok, and Microsoft, collectively paid N2.55 trillion (approximately $1.5 billion) in taxes to the Nigerian Federal Government during the first six months of 2024 . Get more details HERE Winners of Africa Women Innovation and Entrepreneurship Forum (AWIEF) Awards 2024 Announced
The glamorous awards ceremony honored six outstanding winners, selected from a distinguished group of 18 finalists, while also honouring Dr. Naledi Pandor, Former Minister of International Relations and Cooperation of South Africa, with the Lifetime Leadership Award..Read more Opportunity GaloreCall for Applications: Global AI Safety Fellowship 2025 (Fully Funded Fellowship, Living Expenses, Research Expenses)
The program select Fellows from around the world for a 3-6 month placement with program partners. After an initial application, candidates will be invited to participate in a rigorous and purpose-driven selection process that lasts 4 to 6 weeks. The aim is to select a cohort of technically skilled individuals with a knack for working on complex problems. Apply today Call for Applications: iHatch Hub Managers Upskilling Programme
iHatch is Nigeria’s premier incubation programme, launched by the National Information Technology Development Agency (NITDA) in partnership with the Japan International Cooperation Agency (JICA). Since its inception, iHatch has supported over 50 startups, driving innovation in key sectors such as fintech, agritech, and health tech. This five-month intensive programme equips startups with mentorship, training, and access to resources, empowering them to tackle social challenges with scalable, tech-enabled solutions. Get more details and apply. Call For Applications: NCC/ SMEDAN Digital Academy Training For SMEs
Youth-owned businesses (women preferably) from across Nigeria’s six geopolitical zones are invited to participate in the NCC/SMEDAN digital academic training, designed to enhance their business skills and capacity. Get more details HERE Call for Applications: GWNET Women in Clean Cooking Mentorship Program 2025
In 2025, the “Women in Clean Cooking” (WICC) mentorship program will support women in the clean cooking sector, offering benefits that include: Gaining experience from seasoned professionals in the energy sector, obtaining career-enhancing activities to support concrete goals, enhancing professional and personal development and Fostering strategic thinking and innovative ideas. Get more details here. You can access many more opportunities HERE Fun Facts about EntrepreneurshipOne of the earliest known female entrepreneurs was Madam C.J. Walker, an African American woman who became one of the first self-made female millionaires in the early 20th century. She made her fortune by creating and marketing a line of beauty and haircare products specifically designed for African American women. Her success was groundbreaking not just because of her business acumen, but because she defied the social norms of her time, where women—especially women of color—were largely excluded from the business world. Madam C.J. Walker's legacy continues to inspire generations of women entrepreneurs today! Some Resources for you15+ Bank Initiatives, Programs and Products for Nigerian Entrepreneurs For more news, opportunities, resources, and other items, kindly visit: www.msmeafricaonline.com Follow us on social media: YouTube , Instagram, Twitter (X), Facebook, LinkedIn Join other Entrepreneurs across Africa in the MSME Africa Community HERE Till next time Ododoola, MSME Africa MSME Africa Pulse is free today. But if you enjoyed this post, you can tell MSME Africa Pulse that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments.
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Saturday, 7 December 2024
Don’t be boring!
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