Entries by Emerging360

Honoring Women-Owned Businesses in Africa

This International Women’s Day we’re celebrating women-owned SMEs.

In fact, Cherie Blair is in Nigeria to host a special event for our Road to Growth project, along with 250 of the 500 women entrepreneurs who will be graduating from the first phase of this initiative. We’re proud to be partnering with the Cherie Blair Foundation for Women, ExxonMobil Foundation, the Enterprise Development Centre of Pan-Atlantic University, and Diamond Bank on this unique initiative.

Emerging360 & Cherie Blair Foundation Empower Women Entrepreneurs in Africa

The Cherie Blair Foundation for Women has selected Emerging360 as the Technology Partner for its “Road to Women’s Business Growth” initiative.

Road to Women’s Business Growth is a collaborative venture led by the Cherie Blair Foundation for Women in collaboration with the ExxonMobil Foundation, Enterprise Development Centre, and key financial institutions. Launched in 2014, the two-year project is designed to build the business skills and financial literacy of women entrepreneurs in Nigeria, and to improve their access to finance.

What SMEs Really Need (& Why They’re Still Not Getting It)

For the past 15 years, we’ve worked to help build the capacity of SMEs around the globe—from beekeepers in St. Lucia to digital animation firms in Nigeria, from agribusiness providers in Rwanda to Web developers in Ukraine. One thing that’s become clear from our work in more than 40 countries on 5 continents is that micro, small, and medium enterprises worldwide face a core set of challenges.

Whenever we first engage with a new community of SMEs, they invoke their differences: the business-enabling environment is more challenging in some countries than in others, it takes longer to register a new business in some locales, corruption may be more intractable, women entrepreneurs may face specific cultural hurdles, and the local infrastructure (electricity, roads, etc.) may pose greater challenges. These types of obstacles are very real and they do vary from market to market….