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By Sunday Ani
Wema Bank has signed a Memorandum of Understanding (MoU) with Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) to train and empower 800,000 Nigerian businesses.
SMEDAN is a national agency established in 2003 with the goal of promoting the development of the Micro, Small and Medium Enterprises (MSME) sector of the economy.
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The partnership with Wema Bank is focused on training MSMEs on soft skills, technical skills and business skills, empowering them to build profitable businesses, gain more visibility and scale sustainably.
To execute the initiative, which will take course over the next 12 to 18 months, the bank will provide the training and resources for the 800,000 businesses that will be curated by SMEDAN.
Commenting on the partnership, Wema Bank’s MD/CEO, Moruf Oseni, reiterated the bank’s lifelong commitment to empowering Nigerians to thrive.
