Dear entrepreneurs, Let me give you a gist, You people should not make jest of me oh! On a fateful Tuesday morning, I woke up very hungry and I didn't feel like cooking, So I decided to give myself a treat. I entered a new restaurant around my area and ordered a plate of Amala and Ogufe. You know I'll do anything for swallow. I didn't even ask how much it was, I just started eating immediately because I was very hungry. Do you know what? I finished eating and they brought the bill. Guys!!! I saw #15,000. I thought my eyes were playing tricks on me at first so I asked the waiter how much it was. That was when I knew I was in trouble. I had assumed that it won't be up to N5000 and that was the exact amount left in my account. The only thoughts in my head was how I would leave this place unscathed? I should have known when I saw the ambiance of this place. How on earth could I have thought I was enjoying the A.C. for nothing.? How did I get out of this mess? Watch out for the rest of the story next week. Here’s what I have for you this week:
Trending NewsFederal Government Delays N150 Billion Loan Disbursement for MSMEs and Manufacturers to September
The Nigerian Federal Government has postponed the start of the N150 billion loan disbursement for manufacturers and micro, small, and medium enterprises (MSMEs) to September. This announcement was made by the Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, during a meeting with beneficiaries of the Presidential Grant and prospective recipients of the MSME Presidential Loan in Calabar, Cross River State. READ MORE Oyo State Approves N500 Million to Support Youth Entrepreneurs in Agriculture The Oyo State government has approved N500 million in incentives to support young entrepreneurs in the agricultural sector, as part of its ongoing efforts to drive economic recovery and growth in the state, known for its significant contributions to cocoa, cassava, and tobacco cultivation. READ MORE Nigeria Seeks $500 Million World Bank Loan to Enhance Health Sector Renewal Initiative The Oyo State government has approved N500 million in incentives to support young entrepreneurs in the agricultural sector, as part of its ongoing efforts to drive economic recovery and growth in the state, known for its significant contributions to cocoa, cassava, and tobacco cultivation. READ MORE DBN Announces 2024 Entrepreneurship Training Program for MSMEs in Nigeria The Development Bank of Nigeria (DBN) has officially launched the 2024 edition of its flagship Annual DBN Entrepreneurship Training Program (DBNETP), aimed at equipping Micro, Small, and Medium Enterprises (MSMEs) in Nigeria with the necessary skills and knowledge to thrive in today’s economy. READ MORE Businesses to Pay N40,000 Community Levy Fee, AMAC Demands
The Abuja Municipal Area Council (AMAC) in the Federal Capital Territory has issued a demand notice to businesses within its jurisdiction, requiring them to pay a N40,000 community levy for the year 2024. The notice warned that non-compliance would result in the sealing off of business premises. READ MORE CPPE Urges FG to Fix Customs Duty Exchange Rate at N1000/$
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Nigerian government to urgently revisit its customs duty exchange rate policy, citing the negative impact of the current high and unpredictable rates on the economy. READ MORE MSME Finance Awards Set to Honor Innovation in Financial Services Across Africa
The Economic Forum Series® (EFS), Nairametrics, and DiGiComm Enterprises have announced the launch of the Annual MSME Finance Awards Program. This inaugural event aims to recognize and celebrate the innovation and impact of financial services and regulatory support programs that have significantly contributed to the growth of Micro, Small, and Medium Enterprises (MSMEs) across Nigeria and beyond. READ MORE KSS NuggetsKSS is an acronym for Knowledge Sharing Sessions and it's one of the exclusive resources we share with our MSME Africa community members every Friday by 8 pm. These are the nuggets from last week's session! To be a part of it subsequently. Join the community HERE.
Opportunity GaloreCall For Applications: Ugwumba Enterprise Challenge ( Up to N10 Million Grant Prize)
Turn Your Business Idea into Reality! Apply for the Ugwumba Enterprise Challenge and stand a chance to win up to N10 Million Grant Prize Submit your application today and take the first step towards entrepreneurial success! HERE'S THE LINK Call For Applications: FATE Foundation Road to Growth Program For Female Entrepreneurs
Empower Your Business, Amplify Your Impact! FATE Foundation's Road to Growth Program is now open for applications! It aims to empower female entrepreneurs to scale, lead, and succeed. Join a community of trailblazing women entrepreneurs and take your venture to new heights! APPLY NOW Call For Applications: Abuja Digital Entrepreneurship Drive Digital Skills Training (Fully Funded)
The Abuja Digital Entrepreneurship Drive is calling all ambitious young minds! Are you interested in: – Launching your own business? If so, this is for YOU! APPLY NOW Call For Applications: 2024 International Monetary Fund (IMF) Internship Program Launch your career in global economics and finance with the International Monetary Fund (IMF) Internship Program! Join a team of renowned economists and professionals, gaining practical experience in: - Economic research and analysis - Policy development and implementation - Global financial stability and cooperation APPLY NOW for the 2024 IMF Internship Program and be part of shaping a more stable and prosperous global economy! Call For Applications: WTO Internship Program (World Trade Organization)
Shape global trade policy and kickstart your career! The World Trade Organization (WTO) Internship Program offers a unique opportunity to gain hands-on experience in international trade, policy-making, and global governance. APPLY NOW and join the WTO team in Geneva, Switzerland! Call For Applications: ECOWAS Immersion Internship Program For Young Graduate The Economic Community of West African States (ECOWAS) is excited to announce its Immersion Internship Program for young graduates. This unique opportunity offers hands-on experience in regional diplomacy, policy-making, and development. Don't miss this chance to: - Enhance your skills and knowledge - Build a professional network - Contribute to West Africa's development Apply NOW for the ECOWAS Immersion Internship Program and take the first step towards a fulfilling career in regional development! Entrepreneurial OriginsLast Week's Trivia Who is the Nigerian entrepreneur and founder of Flutterwave, a fintech company valued over $1 billion? A) Tony Elumelu B) Aliko Dangote C) Olugbenga Agboola D) Sim Shagaya The correct answer is C) Olugbenga Ayoola Today's Trivia In what year was Jumia, Africa's largest e-commerce platform, founded? A) 2010 B) 2012 C) 2015 D) 2018 What is the correct answer? Fun Facts about Entrepreneurship in AfricaAfrica has a thriving startup ecosystem, with: 1. Over 600 active tech hubs 2. 200+ incubators and accelerators 3. $1.3 billion in startup funding (2020) Some of Africa's most successful startups include: 1. Jumia (e-commerce) 2. M-Pesa (mobile payments) 3. Andela (tech talent) 4. Flutterwave (fintech) 5. Zipline (drone delivery) African startups are solving real-world problems, driving innovation, and attracting global attention! Fastest-growing startup ecosystems in Africa: 1. Nigeria 2. South Africa 3. Kenya 4. Egypt 5. Morocco Reach 45,000+ Entrepreneurs/Business Owners/ Founders with Products/Service offerings via our NewsletterThe Journey Starts HERETill 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, 24 August 2024
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