Ecobank Nigeria To Train 1 Million SME Owners In 2024
By Ted Iwere
Ecobank Nigeria’s Head of SME & Partnership, Mr Osahon Akpata has announced that the bank has launched an innovative training programme targeted at empowering operators of small and medium enterprises (SMEs) in the country.
Through the initiative, titled MySME Growth Series, the Bank will train over 1 million SME operators across the country in 2024.
According to Mr Osahon, “Ecobank aims to train one million SMEs in Nigeria to improve their capabilities and stimulate growth. We are launching the first phase of our training programme – MySME Growth series, a selection of virtual bootcamps led by facilitators who are experts in their fields. SMEs are the growth engine of Nigeria’s economy contributing almost 50 per cent of GDP and 90 per cent of jobs. As a bank that is growth focused, Ecobank is committed to the success of SMEs in different sectors of the economy.”
As Akpata explained, the series will cover a variety of topics relevant to small businesses, including accounting, credit, sales and marketing, taxation, and inventory management, and the bank plans to partner with successful entrepreneurs to launch an SME Mentorship programme.
“We will also equip SMEs with tools to help their business such as budget templates, calculators for simulating scenarios and links to government forms. They will be trained on resources for starting a business including how to register, statistics for various industries and geographies and key points to consider when running a business. We will also provide articles on key topics including tips to increase sales, advertising ideas, business management practices, case studies and guides to leveraging technology, amongst others,” he enthused.
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