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Sunday, 23 February 2025
Africa’s ‘Buy Now, Pay Later’ market to Hit $10.63 billion – Report
Saturday, 22 February 2025
Guilty as Charged
Dear entrepreneurs, I think I need to report myself to you. Maybe you can help my situation. I have been saying I was going to join a gym for over a year, but every time I walk past the gym on my street, I’ll think to myself, 'I'll start next week.' Next week would turn into next month, and before I knew it, a whole year had gone by . I sometimes watch friends post their fitness progress on social media, and feel a mix of inspiration and guilt. I'm guilty of it, and I'm willing to bet that you are too. Procrastination, that productivity-killer, has a way of sneaking up on even the most well-intentioned entrepreneurs. We start out with grand plans and ambitious to-do lists, only to find ourselves bogged down in non-essential tasks or, worse still, mindless scrolling through social media. It's a vicious cycle, and one that can have serious consequences for our businesses and our sanity. So, why do we procrastinate? Often, it's because we're overwhelmed by the sheer scope of our goals, or because we're perfectionists who are afraid to take the first step. Sometimes, it's simply because we lack a clear plan or strategy for tackling our tasks. Whatever the reason, the result is the same: lost time, lost momentum, and a nagging sense of guilt and regret. But here's the thing: we can break free from this cycle. We can develop the habits and strategies we need to stay focused, productive, and on-track. So, what's the first step? For me, it's about acknowledging my procrastination habits and making a conscious decision to change. It's about breaking down big tasks into smaller, manageable chunks, and creating a schedule that allows me to stay on track. What about you? What's your go-to strategy for overcoming procrastination and staying productive? Here’s what I have for you today:
MSME Africa Growth Factory Accelerator Launches
MSME Africa Growth Factory is designed as an intensive six-week accelerator program offering hands-on learning, mentorship, and access to funding opportunities. This program is specifically tailored for early-stage to mid-level entrepreneurs, focusing on youth and women-led enterprises, equipping them to overcome systemic barriers and scale their business operations sustainably. Register for the program HERE if you truly desire growth for your business. Trending Business NewsMicrosoft Invests $1 Million to Train One Million Nigerians in AI
Microsoft has announced a $1 million investment aimed at equipping one million Nigerians with artificial intelligence (AI) skills, marking a significant push to advance digital literacy and workforce readiness in the country. The initiative was unveiled at the Microsoft AI Tour in Lagos. Get more details HERE TEF Partners UAE Foundation to Empower 1,000 African Entrepreneurs
Through this initiative, entrepreneurs from all 54 African countries will receive business training, mentorship, networking opportunities, and a non-refundable $5,000 seed grant. The Khalifa Bin Zayed Al Nahyan Foundation will tap into TEF’s expertise in training and funding African businesses through the Tony Elumelu Entrepreneurship Programme. Read more Nigeria Government Launches High-Level Committee, New Loan Scheme to Boost MSME Financing
The National Council on Micro, Small, and Medium Enterprises (MSMEs) has set up a high-level committee to work with the Central Bank of Nigeria (CBN) and other financial institutions to improve access to funding for small businesses.Get more details HERE Stanbic IBTC Bank Partners IFC to Empower Women Entrepreneurs
Founder of Tony Elumelu Foundation and Group Chairman of UBA, Tony Elumelu has urged for increased access to capital and mentorship to support Africa’s young entrepreneurs, emphasizing that these factors are crucial to unlocking the continent’s economic potential.. More details HERE Opportunity GaloreCall For Applications: Erasmus for Young Entrepreneurs Program 2025
Erasmus for Young Entrepreneurs is a cross-border exchange program that gives new or aspiring entrepreneurs a chance to learn from experienced entrepreneurs running small businesses in other participating countries. Get more details and Apply today Call For Applications: Leventis Foundation Agricultural Training Program 2025 (Fully Funded)
The Leventis Foundation Training Program is a fully funded comprehensive one-year training program designed for young men and women passionate about building rewarding careers in farming and agribusiness.Participants receive full scholarships that cover tuition, boarding, and feeding. Get more details and apply. Call For Applications: Global Innovation Challenge by Citi Foundation 2025 ( Win Up to $500,000 Grant)
The Citi Foundation’s Global Innovation Challenge is an open call for applications or requests for proposals (RFP) designed to provide catalytic grant funding to community organizations across the globe. This year, the Foundation invites proposals from community organizations developing innovative employment solutions for low-income youth primarily between the ages of 15 and 24. Get more details HERE Call For Applications: Nelson Mandela – Graça Machel Innovation Awards (Up to $7,500 Seed Funding)
The Nelson Mandela Graça Machel Innovation Awards 2024/25 will recognize five innovative ideas and projects from individuals, organizations, networks, or community groups with seed funding of US$7,500. Get more details here. Call for Applications: Mindcapital Founders Fellowship for African Entrepreneurs
This fully remote and free program provides aspiring entrepreneurs with expert-led workshops, structured startup sprints, personalized mentorship, and a supportive community to guide them through the early stages of building a startup. Get more details and apply HERE You can access many more opportunities HERE Fun Facts about EntrepreneurshipDid you know that the concept of manufacturing originated in 18th-century England, during the Industrial Revolution? However, one of the earliest examples of entrepreneurial manufacturing dates back even further to ancient Rome. Roman entrepreneurs established "officinae", which were essentially small workshops or factories that mass-produced goods like pottery, weapons, and textiles. Some of these businesses even branded their products with a maker’s mark which is an ancient version of modern trademarks. Some Resources For You The Perfect Customer Pitch Formula for Entrepreneurs How to Sell Your Solution: Nuggets for Always Making Sales Assumptions that may land you in trouble with the tax authority _______________________________________ 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 Olu, 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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