The Global Entrepreneurship Network Nigeria and the Bank of Industry have reaffirmed their commitment to strengthening collaboration aimed at expanding opportunities for Micro, Small and Medium Enterprises across the country.
The renewed partnership formed the focus of a courtesy visit by GEN Nigeria to the Bank of Industry, where the delegation congratulated Mr Oluwatoyin Edu on his recent appointment as executive director in charge of MSMEs at the development finance institution.
The visit also served to formally welcome Edu as BOI’s representative on the GEN Nigeria Advisory Board, a position the bank holds as part of its strategic role in supporting Nigeria’s entrepreneurial ecosystem and promoting small business growth locally and globally.
During the meeting, GEN Nigeria reiterated its commitment to working closely with BOI to support entrepreneurs through capacity-building initiatives, ecosystem development programmes and access to the organisation’s global entrepreneurship network.
The organisation noted that stronger collaboration between ecosystem builders and development finance institutions is critical to unlocking growth opportunities for startups and MSMEs, particularly as small businesses continue to play a central role in job creation and economic development.
Edu’s appointment comes at a time when Nigeria’s MSME sector remains a key driver of innovation and economic expansion. GEN Nigeria expressed confidence that his leadership would further strengthen BOI’s efforts to deepen access to finance and broaden support structures for entrepreneurs nationwide.
Both organisations agreed to deepen cooperation focused on empowering Nigerian entrepreneurs, improving access to opportunities and accelerating the growth of the country’s MSME sector.
The Global Entrepreneurship Network operates in more than 180 countries, providing platforms and resources designed to make it easier for individuals to start and scale businesses. GEN Nigeria serves as the local chapter, working with public and private sector partners to promote entrepreneurship development across the country.
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