The all-in-one app Ayoba, which is changing the way people communicate, have fun, and do business online in Africa, is happy to reveal a strategic partnership with Adanian Labs.
The companies started the SME Accelerator scheme to help small businesses in Nigeria grow and get better. Small and medium-sized businesses (SMEs) in Nigeria help the economy grow and create jobs, so this work is very important.
The SME Accelerator helps small businesses with their problems with money, technology, the market, and mentoring. The plan encourages innovation, competition, growth, and jobs that will last.
Read also: Ayoba surpasses 25m monthly active users in Africa
Ayoba's all-in-one app and Adanian Labs' collaboration
Adanian Labs' technical solutions and ecosystem development talents complement Ayoba's all-in-one app for messaging, hyperlocal content, games, music, and e-commerce.
The SME Accelerator initiative would utilize these capabilities to give Nigerian SMEs digitization, mentorship, access to networks, technological support, and partner financing to overcome challenges and expand sustainably.
The accelerator equips Nigerian SMEs with the digital age by providing targeted mentorship, investment, and technology. Businesses have two weeks to apply, and the top 20 will be announced when the programme opens on July 10. Adanian Labs accepts applications online.
Recent estimates show that over 90% of African businesses are small and medium-sized, providing 50% of employment and 33% of GDP. 96% of Nigerian businesses are SMEs, employing millions and driving innovation and economic growth.
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Shiela Yabo, Ayoba's Head of Ecosystem Development, remarked, "Empowering Nigerian SMEs could have a big effect." The country can boost economic growth, job creation, and global competitiveness by strengthening this industry. Supporting small enterprises boosts Nigeria's economy and society by fostering creativity, innovation, and prosperity.
"We are excited to work with Adanian Labs to launch the SME Accelerator, a key project that will help small businesses in Nigeria," Yabo added. "Together, we can help Nigerian SMEs reach their full potential, which will help the economy and lead to long-term growth."
Killian Mayua, Adanian Labs' Nigerian national manager, stated, "We're excited to work with Ayoba to launch the SME Accelerator programme, which has a lot of potential for small businesses in Nigeria."
If certain things change, Adanian Labs predicts Africa's SME sector will attain its full potential.
"We'll support small and medium-sized enterprises, the economy, and strengthen this vital sector."
The Ayoba-Adanian Labs SME Accelerator promotes entrepreneurship, creativity, and economic freedom. SME Hub Nigeria.
