Accion MfB aids growth of fashion entrepreneurs, creatives

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In a bid to empower and elevate Small and Medium Enterprises (SMEs) in Nigeria to the global market, Accion Microfinance Bank in collaboration with Centre for African Fashion Education and Technology (CAFET) has held a training programme for fashion entrepreneurs and creatives in the country’s fashion industry.

The two-day  ‘Fashion Business Essentials Training and Networking Session’ took place at Accion MfB head office in Lagos recently. The aim was to provide an invaluable platform for fashion business enthusiasts to gain insights, knowledge, practical skills and resources as well as fostered valuable networking opportunities required to thrive in the dynamic and competitive world of fashion.

Chief Digital Officer of Accion MfB, Paul Ehiagbonare, said the programme was one of the youths’ inclusion initiatives the bank specially designed to empower fashion entrepreneurs by addressing the unique challenges and opportunities within the Nigerian fashion industry.

“Our partnership with CAFET reflects our commitment to enabling and supporting the growth of SMEs in Nigeria. We believe that by equipping fashion entrepreneurs with essential business skills, we can help them overcome challenges, compete in the global market and succeed in their ventures,” he said.

During the programme, industry experts and fashion business professionals facilitated a series of hands-on workshops, delving into various aspects of the fashion business value chain such as fashion design and production, marketing and branding, business planning, financial management, and sustainability.

There was also the focus on mass-market retail strategies and networking opportunities needed for the participants to connect with industry service providers, further enhancing their capacity to succeed in the business.

Participants with renewed enthusiasm and a clearer path toward building and scaling their businesses expressed their gratitude for the knowledge and inspiration gained during the two-day event.

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