The United Kingdom has announced a new financial package of £74 million (41.6 billion Naira) to help women-owned businesses and small and medium enterprises (SMEs) access finance across Nigeria. These businesses are reportedly facing unnecessary barriers while scaling up their operations. The package will be delivered via a new financing facility by the British International Investment (BII), the development finance institution of the UK government, and routed through the First Bank of Nigeria. UK Minister for Africa Vicky Ford said that when women entrepreneurs and small businesses are economically empowered, their community benefits.
FinTech’s Green Revolution: Nurturing Sustainable Practices Among Small Businesses
BY Triterras
- 09/04/24
Ashish Srivastava, our Triterras' Chief Commercial Officer shares in-depth with Intelligent Fin.Tech, a global technology intelligence platform which gathers the latest financial information, on how FinTech has emerged as a crucial catalyst, motivating and supporting small to medium enterprises on their path towards environmental responsibility through sustainable trade finance.