GLO targets 17m Nigerian SMEs with SMEDAN pact

Globacom and the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN have announced an alliance that lets the telecoms company target 17 million small and medium business owners in the country.
According to Globacom, “the partnership which will cover about 17 million entrepreneurs under SMEDAN is seen as a huge stimulus to boost economic growth in the country.”
Kamaldeen Shonibare, Head, Corporate Sales of Globacom says that the telecoms company plans to empower business owners that are members of SMEDAN by providing them access to grants, soft loans and capacity training programmes.
Globacom teamed up with SMEDAN on the initiative because Micro, Small and Medium Enterprises were the engine room for the rapid growth of the economy because of their closeness and importance to the day-to-day existence of the people, he adds.