The Niger Delta region is home to a diverse range of resilient Micro, Small, and Medium Enterprises (MSMEs) spanning agriculture, manufacturing, services, and technology. These businesses form the backbone of our local economy, providing jobs, fostering innovation, and driving sustainable development. Recognizing the crucial role MSMEs play in the economic fabric of the region,…
Smallholder farmers and MSMEs in the Niger Delta encounter difficulty getting funds from financial institutions because of several factors. These factors include inappropriate financial products for the agricultural value chains; perceived low productivity and competitiveness in financing the sectors; and the perceived risk associated with agricultural financing.
PIND’s approach to improving access to funds for smallholder farmers and MSMEs entails developing new, inclusive financial models built around the peculiarities of the agricultural and agro-allied sectors. To qualify for the funds and loans from commercial banks, MFBs, and equity investors, we encouraged a crop of BSPs (business service providers) to support smallholder farmers and MSMEs.
Our business linkages project assists micro, small, and medium enterprises (MSMEs) in the region to become more competitive, productive, and diversified in their markets. They will reap higher income (through increased sales and profits) and create new jobs for people (through access to quality business support services, markets, and funding).
The MSME development and linkages project is a strategic initiative designed to help build relationships amongst actors in the micro, small, and medium enterprises (MSME) landscape to ensure optimal productivity and increased income for enterprises. It strengthens platforms that enable MSMEs to access quality business support services, market and funding opportunities which enable the enterprises…
There were lots of disruptions in the operating environment for small enterprises in the region due to COVID-19-induced restrictions and prevention protocols by different levels of government. This affected access to market, funding and training opportunities for small enterprises. In response, PIND’s activities for the quarter focused on supporting the business service providers to…
Medium, Small and Micro-sized Enterprises (MSMEs) face myriads of challenges that inhibit their competitiveness.
Following invitation by the State Government, we attended the Imo State Business summit on April 27, 2018, at the Imo State Trade and Investment Center in New Owerri. The event also served as the official launch of the Public Private Partnership (PPP) Policy in the State.
The Warri area experienced a mass exodus of businesses following the ethnically charged Warri Crisis of the 1990s and the heightened security measures of oil companies. In recent years, the economy has revitalized with a noticeably vibrant informal sector, constant construction activities, and an increasing number of residents. Development of industries and commercial activities in…