SME Roundtable

The goal of the Earn Africa Mushroom project is to mobilize 50,000 youth into farming nationwide in the next 3 years. We re piloting the project in Benue state with 1,000 you. 🍄 🍄 🍄 Visit our website for details.

Techpreneurship is the Integration of technology, innovation and entrepreneurship to turn good ideas into practical applications of high commercial value. The process of technopreneurship combines technological advancements and entrepreneurial skills to spinoff startups in various areas of human endeavours. Could this hold the key to create the much needed jobs in Nigeria?

Informal apprenticeship is an ageless method of training young people to become proficient in technical and vocational skills for self-employment. Modernizing the Informal apprenticeship systems will significantly contribute to youth employability and entrepreneurship, there by improve productivity and reduce youth restiveness.

The general import substitution policy of the Nigerian government is to prohibit imports on a wide range of products and close the country’s borders with the aim of boosting local agriculture and manufacturing economies. Has this approach really worked over the past decades? What holistic strategies must the country adopt to promote sustainable economic growth?

Launching a new enterprise has traditionally proceeded from deep seated uncertainty of writing a business plan, pitching to investors, building a team, developing a product, and hard selling it. Studies have shown that, 75% of the times, this does not work. That's why the Lean Startup model is a great way to help enterprises build, measure and learn about customer response to their products right from the idea stage. This model saves time plus money, and makes it easy to start businesses on budgets as low as N100,000. Lets dive in and learn more.

Finance is the life wire of any economy, right after human resources. While human resources are the tools that propels organize any economic endeavour, finance is important to the survival and growth of the economy.

Therefore, access to finance is a key success factor for SMEs. It allows them to scale their operations, modernize equipment and expand their business undertakings, thereby increasing their competitiveness and helping them grow.

Nigeria can achieve more by expanding our foreign exchange earnings capacity.

The informal economy is the diversified set of economic activities, enterprises, jobs, and workers that are not regulated or protected by the state. It’s interesting to know that the informal economy contributes as much as 65% of Nigeria’s GDP and employs 80% of the country's workforce. Could the informal economy be a catalyst to the nation's Economic Recovery?

The focus for the #bioeconomy in Africa is the creation of new jobs and sustainable, inclusive economic growth.
To this end, Nigeria needs to create an enabling environment for private sector led investments and advancements in bio- based production.

The digital economy is at an all time high of $11 trillion and growing. Much of this growth has been accelerated by the Covid-19 pandemic that has taken a toll on legacy economies. In the new normal, countries are embracing technology to bounce back. What opportunities exist here for emergency economies like Africa?

As Nigeria enters a second recession in four years, the country needs to focus it's efforts of economic recovery to include her youth demography into productive activities.