A new report from the Pan-African Manufacturers Association (PAMA) highlights the crucial role that small and medium-sized industries (SMIs) play in making the African Continental Free Trade Area (AfCFTA) work . According to the report, SMIs contribu… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader SMEs hold the key to AfCFTA's success By Abimbola Akomolafe on May 6, 2025 A new report from the Pan-African Manufacturers Association (PAMA) highlights the crucial role that small and medium-sized industries (SMIs) play in making the African Continental Free Trade Area (AfCFTA) work . According to the report, SMIs contribute up to 90% of employment in Africa and are essential for boosting trade, reducing poverty, and growing local economies. The report, titled "AfCFTA: Impact and Opportunities Assessment for Africa's SMIs," reveals that while most SMIs are eager to trade across borders, many face major challenges — including poor infrastructure, low production levels, limited access to finance, and lack of knowledge about AfCFTA rules. Read also, SMEs hold the key to AfCFTA's success How a growth mindset can transform your career The real value of professional relationships Only ₦250m of ₦5bn SME Loan Disbursed — SMEDAN Lagos rolls out N10m non- collateral loans for SMEs PAMA warns that without targeted support such as trade-friendly policies, improved infrastructure, financial aid, and training, SMIs won't fully benefit from AfCFTA. It suggests solutions like simplifying customs procedures, grouping small exporters with similar products (export clusters), and giving more technical support. The report urges policymakers, regional bodies, and development institutions to act fast and support SMIs so they can compete fairly and grow in the larger African market. With the right help, SMIs can power Africa's industrial transformation and make AfCFTA a real game-changer for the continent's economy.

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Success in the workplace isn't just about talent or experience—it's often about how you think. A "growth mindset," a concept popularized by psychologist Carol Dweck, is the belief that abilities and intelligence can be developed through dedica… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader How a growth mindset can transform your career By Olamide Adedara on May 6, 2025 Success in the workplace isn't just about talent or experience—it's often about how you think. A "growth mindset," a concept popularized by psychologist Carol Dweck, is the belief that abilities and intelligence can be developed through dedication and hard work. This mindset fuels resilience, learning, and high achievement—making it a powerful tool for career advancement. Growth Mindset vs. Fixed Mindset Growth Mindset: "I may not know this yet, but I can learn." Fixed Mindset: "I'm either good at this or I'm not." People with a growth mindset view challenges as opportunities, embrace feedback, and persist through setbacks. Those with a fixed mindset may avoid challenges, fear failure, and resist change—limiting their potential. Why a Growth Mindset Is Crucial for Career Development Encourages Continuous Improvement: You're more likely to seek out learning opportunities, even in areas where you feel weak. Boosts Adaptability: In changing work environments, being open to learning helps you pivot and thrive. Supports Better Leadership: Leaders with a growth mindset foster innovation, empower teams, and are more resilient during tough times. Improves Collaboration: You're more open to ideas, feedback, and learning from others, leading to stronger teamwork. Increases Confidence: When you believe you can grow, you're more willing to take smart risks and stretch beyond your comfort zone. How to Develop a Growth Mindset at Work Reframe Mistakes: See failures as lessons, not personal flaws. Ask for Feedback: Treat feedback as a growth tool, not a judgment. Celebrate Effort, Not Just Results: Focus on progress and perseverance. Use "Yet" Language: Instead of "I can't do this," say "I can't do this yet." Surround Yourself with Growth-Minded People: Positivity and learning are contagious. Conclusion: A growth mindset won't just help you climb the career ladder—it will help you stay motivated, energized, and fulfilled along the way. The best part? It's not something you're born with—it's something you can choose and practice every day.

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It's often said, "It's not just what you know, it's who you know." While skills and qualifications are essential, networking is often the key that opens doors to new opportunities, mentorships, and career growth. Building genuine professional … Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader The real value of professional relationships By Olamide Adedara on May 6, 2025 It's often said, "It's not just what you know, it's who you know." While skills and qualifications are essential, networking is often the key that opens doors to new opportunities, mentorships, and career growth. Building genuine professional relationships can accelerate your progress far beyond what you can achieve alone. Why Networking Matters Uncovers Hidden Opportunities: Many job openings are never advertised. Networking gives you access to the "hidden job market." Builds Social Capital: The more people who know, trust, and respect you, the more resources and referrals you can tap into. Accelerates Learning and Growth: Conversations with experienced professionals can offer guidance, feedback, and inspiration you won't find in books or online. Boosts Visibility: Being top of mind with your peers and leaders can lead to unexpected invitations to collaborate or lead. Types of Networking Internal Networking: Connecting with colleagues, managers, and other departments within your current organization. External Networking: Engaging with professionals in your industry through events, LinkedIn, and alumni groups. Strategic Networking: Building relationships with mentors, coaches, or key decision-makers aligned with your career goals. How to Network Effectively Be Authentic: Networking isn't about collecting contacts. It's about creating meaningful, two-way relationships. Start Small and Stay Consistent: One thoughtful message a week is more effective than sending 50 generic connection requests. Add Value First: Share useful insights, offer help, or make introductions before asking for anything in return. Follow Up and Stay in Touch: The best networks are nurtured over time, not just when you need something. Attend Events and Be Present Online: Conferences, webinars, and online communities are great places to connect and engage. Common Misconceptions "I'm too introverted to network." → Introverts often excel at deep, meaningful connections. You don't need to work a room—just start with one person. "I don't need networking unless I'm job hunting." → Networking is most powerful when you're not urgently looking. Build now for future success. Conclusion: Networking is not about self-promotion—it's about connection. When done with intention and sincerity, it becomes one of the most powerful tools for career development. Invest in people, and they will invest in you.

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