In a bid to empower entrepreneurs and promote economic growth, AfriWomen hosted a landmark MSME event on June 27, 2024 in Ibadan, focusing on enhancing local patronage and showcasing the best of Made-in-Nigeria products. The event drew together key regulatory bodies, government officials, financial institutions, and business owners, fostering a dynamic atmosphere for knowledge sharing, networking, and collaboration.
Key regulatory bodies such as NAFDAC, SON, CAC, and NEPC graced the occasion, demonstrating their support for AfriWomen’s efforts to promote local entrepreneurship and underscore their crucial role in supporting and regulating small and medium enterprises (MSMEs). Their presence offered valuable insights into compliance requirements and quality standards, crucial for MSMEs aiming to scale and thrive in competitive markets.
The event was graced by esteemed dignitaries including the Commissioner of Trade and Investment and the Commissioner of Women Affairs. Their addresses emphasized the importance of leveraging local resources and expanding beyond Nigerian borders, empowering business owners to explore broader markets and enhance their global footprint.
Financial empowerment was a focal point of the event, with Bank of Industry and Wema Bank providing practical tips on securing loans tailored to the needs of MSMEs. Their expert guidance equipped attendees with essential knowledge on accessing financial resources necessary for business expansion and sustainability.
Entrepreneurs and business owners present at the event were not only inspired by the insightful discussions but also gained practical strategies to navigate challenges and capitalize on opportunities in Nigeria’s evolving economic landscape. They also had opportunities to exhibit the products at the end of the event so potential buyers and investors can gain knowledge about their products.
The vibrant atmosphere of the event underscored AfriWomen’s commitment to fostering a supportive ecosystem for MSMEs in Nigeria. By promoting local patronage and advocating for Made in Nigeria products, AfriWomen continues to play a pivotal role in driving economic growth, fostering innovation, and empowering women entrepreneurs across Oyo State.
As Ibadan basks in the aftermath of this impactful event, the resonance of its messages continues to inspire a new wave of entrepreneurial zeal and commitment to sustainable business practices. AfriWomen’s MSME event stands as a testament to the power of collaboration, innovation, and local pride in shaping Nigeria’s economic future.