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Letshego Microfinance Bank Nigeria named Affirmative Finance Action for Women in Africa initiative s first AFAWA Bank of the Year at African Business Awards | African Development Bank

World MSME Day 2021: Enhanced financing for Nigerian small businesses

In the last few years, the 27th of June, has been a day for reflection by governments, stakeholders, policymakers and all those concerned with small businesses, due to the vital role they play in every economy. Undisputedly, Micro, Small and Medium-sized Enterprises (MSMEs) play important roles in the global economy. According to the International Trade Centre (ITC) the joint agency of the United Nations and World Trade Organization dedicated to supporting the internationalization of small businesses, MSMEs account for more than 90 percent of all businesses and around 70 percent of jobs worldwide. Advertisement This category of businesses also stimulates economic growth and provide employment for large sections of society including women, young entrepreneurs, and poor communities. In recognition of the importance of MSMEs in encouraging innovation, creativity and decent work for all, as well as achieving the goals of the 2030 Agenda for Sustainable Development, the United Nations G

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