The Industrial Training Fund (ITF) has announced plans to expand its Skills Upgrading and Professional Advancement (SUPA) programme by increasing the number of training centres from 800 to at least 1,500.According to Mr. Ogun, the first phase of SUPA tr… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader ITF onboards 100,000 artisans for SUPA training programme By Busola Bamidele on March 3, 2025 The Industrial Training Fund (ITF) has announced plans to expand its Skills Upgrading and Professional Advancement (SUPA) programme by increasing the number of training centres from 800 to at least 1,500. According to Mr. Ogun, the first phase of SUPA training, lasting six to eight weeks, will culminate in a certification exam. Successful candidates will proceed to Phase 2 for technical training in their chosen trades. Read also: ITF onboards 100,000 artisans for SUPA training programme SMEDAN backs SME growth at Omniverse Africa Summit Equatorial Guinea tops africa's GDP per capita rankings in 2025 Katsina invests N105bn in agriculture, water to boost economy FG to invest $122bn in energy diversification The full list of 100,000 onboarded trainees will be published on both the SUPA website (www.supa.itf.gov.ng) and ITF's official website (www.itf.gov.ng). To enhance training quality, ITF is collaborating with original equipment manufacturers for bulk purchases of training equipment. Additionally, it is working with the Nigerian Employers Consultative Association (NECA) to secure job placements for graduates while finalizing a business incubation structure for entrepreneurship opportunities.

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Following Day 2 of the Omniverse Africa Summit, over 100 small business owners gathered for Cocktails & Conversations, an evening of networking and business insights. The event was highlighted by the presence of Charles Odii, Director General of … Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader SMEDAN backs SME growth at Omniverse Africa Summit By Busola Bamidele on March 3, 2025 Following Day 2 of the Omniverse Africa Summit, over 100 small business owners gathered for Cocktails & Conversations, an evening of networking and business insights. The event was highlighted by the presence of Charles Odii, Director General of SMEDAN, reinforcing the agency's commitment to SME growth. SMEDAN shared the event on its official handle, recognizing its impact in fostering meaningful discussions. The session opened with an address by Markus Wauschkuhn, Cluster Coordinator at GIZ, setting the stage for an engaging panel moderated by Chalya Shagaya. Read also: SMEDAN backs SME growth at Omniverse Africa Summit Equatorial Guinea tops africa's GDP per capita rankings in 2025 Katsina invests N105bn in agriculture, water to boost economy FG to invest $122bn in energy diversification FG to empower 480,000 NYSC members in tech, agriculture, entertainment Speakers included Zina Anumudu, Yasmin Belo-Osagie, and Theodora Mogo, who shared insights from their decade-long careers on turning passion into profit and leveraging digital innovation. This initiative marks the start of a nationwide series aimed at equipping SMEs with essential knowledge, connections, and strategies for success. Special thanks to Salamanca Tequila, 12 Baskets, and Drink Madala for their support.

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Equatorial Guinea has emerged as the wealthiest country in Africa by GDP per capita (Purchasing Power Parity) in 2025, according to the latest International Monetary Fund (IMF) data. The country's economic growth remains anchored in oil and gas, th… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Equatorial Guinea tops africa's GDP per capita rankings in 2025 By Busola Bamidele on March 3, 2025 Equatorial Guinea has emerged as the wealthiest country in Africa by GDP per capita (Purchasing Power Parity) in 2025, according to the latest International Monetary Fund (IMF) data. The country's economic growth remains anchored in oil and gas, though diversification efforts in infrastructure, financial services, and technology are gaining traction. The rankings highlight Africa's evolving economic landscape, with nations like Seychelles and Mauritius leading due to strong financial services and tourism industries. Gabon and Botswana continue to leverage resource wealth while prioritizing diversification. Top 10 African Economies by GDP Per Capita (PPP) in 2025: 1. Seychelles – $43,070 (Tourism & financial services) 2. Mauritius – $33,954 (Business-friendly economy) 3. Gabon – $24,682 (Oil & infrastructure projects) 4. Egypt – $21,608 (Tourism, agriculture & manufacturing) 5. Botswana – $20,311 (Diamonds & economic stability) 6. Equatorial Guinea – $20,477 (Oil & diversification efforts) 7. Algeria – $18,342 (Oil, gas & renewable energy) 8. Libya – $17,597 (Oil & rebuilding infrastructure) 9. South Africa – $16,008 (Diverse economy, but challenges persist) 10. Tunisia – $14,717 (Tourism, agriculture & business reforms) These figures reflect Africa's financial trajectory, shaped by policies fostering growth beyond traditional resource-based economies.

SMALL BUSINESS INSIGHTS © 2025. Manage your email settings or unsubscribe. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110