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Emma Okonji Analysts who spoke at a recent webinar organised by the American Business Council in Nigeria, in collaboration with US Chamber of Commerce, Amcham Ghana and Amcham South Africa on the US-Africa relations, have identified lack of adequate funding as a major challenge to the growth of Small and Medium Enterprises (SMEs) in Africa. The analysts were of the view that SMEs across Africa are faced with serious funding challenges, despite their importance to national development. Citing the case of Nigeria, the analysts said: âDespite the significant contribution of SMEs to the Nigerian economy, challenges still persist that hinder the growth and development of the sector. In Nigeria, SMEs contribute 48 per cent of national GDP, and account for 96 per cent of businesses and 84 per cent of employment.â ....
Emma Okonji Analysts who spoke at a recent webinar organised by the American Business Council in Nigeria, in collaboration with US Chamber of Commerce, Amcham Ghana and Amcham South Africa on the US-Africa relations, have identified lack of adequate funding as a major challenge to the growth of Small and Medium Enterprises (SMEs) in Africa. The analysts were of the view that SMEs across Africa are faced with serious funding challenges, despite their importance to national development. Citing the case of Nigeria, the analysts said: “Despite the significant contribution of SMEs to the Nigerian economy, challenges still persist that hinder the growth and development of the sector. In Nigeria, SMEs contribute 48 per cent of national GDP, and account for 96 per cent of businesses and 84 per cent of employment.” ....
Former State Department Official: As Violence Pulls Nigeria Apart, US Focuses on Climate Change theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
Share The United States of America has said it is looking forward to the passage of the Petroleum Industry (PIB) bill which it said would be of importance to multi-national companies and inhabitants of the Niger Delta Region. The Ambassador of United States to Nigeria Mary Beth Leonard disclosed this on Tuesday during a courtesy call to the Minister of Niger Delta Affairs, Senator Godswill Akpabio. She lamented the effects of the COVID-19 Pandemic on the 2020 roadmap of development for the Niger Delta Region. “There had been a roadmap that was supposed to go to 2020, many of us who have experience of our plans for 2020 are not going exactly how we planned given the global pandemic, it will be great to hear a little bit of how that timetable and activities would be revised to reach all the important goals of the development, infrastructure and security for this important area. ....
Abuja – Nigeria LNG Limited (NLNG), a global producer of liquefied natural gas, today signed a five-year Memorandum of Understanding (MOU) with two U.S. government development agencies to make Bonny Island malaria-free and achieve HIV epidemic control. NLNG is based on the island just off the Atlantic coast in Rivers ....