The Lagos State Government, in collaboration with Afreximbank and ImpactHER, has kicked off a six-week export readiness training for 253 Micro, Small, and Medium Enterprises (MSMEs). The goal is to strengthen the capacity of local businesses to enter and thrive in international markets, particularly within Africa.
Held at the Ministry of Commerce, Cooperatives, Trade and Investment in Alausa, the programme is designed to help MSMEs overcome export challenges such as poor packaging, lack of certification, limited access to finance, and regulatory bottlenecks.
Commissioner Folashade Ambrose described the initiative as a strategic investment in SME growth, job creation, and economic expansion. "This training positions Lagos businesses for success under the African Continental Free Trade Area (AfCFTA). It's about preparing our entrepreneurs to compete across borders," she said.
By the end of the programme, 20 top-performing MSMEs will be chosen to represent Lagos at the Intra-African Trade Fair (IATF) in Algiers, Algeria in September 2025—giving them real exposure to buyers, investors, and trade opportunities.
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The training covers:
- Export documentation and compliance
- International packaging and logistics
- Trade finance and customs processes
- AfCFTA market access strategies
- Digital trade and gender-inclusive modules
Afreximbank, represented virtually by Ody Akhanoba, reaffirmed its commitment to SME development, highlighting a $18.7 billion fund for SME support across Africa, with plans to reach 3,000+ businesses in 2025, including youth and women-led ventures.
The initiative aligns with Governor Sanwo-Olu's T.H.E.M.E.S+ agenda, particularly in building a modern economy and promoting inclusive growth.
For Lagos-based MSMEs, this programme offers a rare chance to gain export knowledge, receive mentorship, and access new markets—laying the foundation for global competitiveness and long-term sustainability.
