Ecobank Nigeria Launches MySME Growth Series ....to Empower Over One Million SMEs

 

RALD NEWS MEDIA brings you the latest development from Ecobank Nigeria, a key player in the pan-African banking sector. In an effort to empower small and medium enterprises (SMEs), the bank has unveiled a groundbreaking training initiative called MySME Growth Series. This ambitious program aims to impact over 1 million SME operators throughout Nigeria in 2024.

Osahon Akpata, Head of SME & Partnerships at Ecobank Nigeria, highlighted the program's significance, aligning it with the bank's dedication to fostering the success of SMEs across diverse sectors. He emphasized the pivotal role SMEs play in Nigeria's economy, contributing nearly 50% to the GDP and accounting for 90% of job opportunities. In pursuit of growth, Ecobank is unwavering in its commitment to the prosperity of SMEs.

The inaugural phase, named MySME Growth series, will kick off with a series of virtual bootcamps led by expert facilitators. The overall theme, "Scaling up your SME in 2024," reflects the forward-looking nature of the initiative. The first weekly webinar, scheduled for Thursday, February 1, will focus on 'Growing your business online,' with Ijeoma Arum, Chief Commercial Officer of Jumia Nigeria, serving as the distinguished facilitator. This insightful webinar series is set to continue every Thursday throughout the year.

Mr. Akpata delved into the comprehensive coverage of the MySME Growth series, outlining key topics crucial for small businesses. These include accounting, credit, sales & marketing, taxation, and inventory management. Furthermore, Ecobank is gearing up to launch an SME Mentorship program, fostering collaboration between budding entrepreneurs and seasoned industry leaders.

The bank is not stopping there – it plans to arm SMEs with essential tools for business success, offering budget templates, scenario simulators, and links to government forms. The training will encompass resources for starting a business, covering aspects such as registration processes, industry statistics, and essential considerations for business operations. Ecobank's commitment extends to providing informative articles on diverse topics, including sales enhancement tips, advertising ideas, business management practices, case studies, and guides to leveraging technology.

In essence, Ecobank's MySME Growth Series stands as a beacon of support for SMEs, offering not only training and mentorship but also practical tools and resources crucial for navigating the dynamic landscape of entrepreneurship. RALD NEWS MEDIA will keep you updated on the unfolding success stories and developments arising from this impactful initiative.