MTN-SMEDAN Partnership Targets Nigeria’s $158bn Financing Gap

Leadership | 29-05-2026 06:57am |

MTN Nigeria and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) are collaborating to address the significant financing gap faced by micro, small, and medium enterprises (MSMEs) in the country, which is estimated at $158 billion annually. Their joint initiative, mySMEville, has successfully onboarded over 2,600 MSMEs across Nigeria as of May 2026. This platform aims to enhance access to funding and resources for these businesses, thereby supporting their growth and sustainability in a challenging economic environment. The partnership underscores the commitment of both organizations to foster the development of the MSME sector in Nigeria.

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