Facilitating the Growth of SMEs to Build Export Capacity and Increase Job Creation

»» In Nigeria, “IT’S AFRICA’S TIME” meets with a number of small and medium enterprises in the manufacturing, solid mineral extractions and services industries across the country. These businesses are expanding through access to long-term, low-interest financing from NEXIM, the Nigerian Export-Import Bank, enabling them to build export capacity and increase local job creation and skills. Says Roberts Orya, CEO of NEXIM Bank, “SMEs have the capacity to generate foreign exchange, create work for Nigerians and reduce poverty. So they are absolutely the engines of growth…and there is huge potential.”

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