Business
SMEDAN Pushes ICSS Programme to Boost MSME Growth and Financing in Nigeria
SMEDAN promotes the ICSS entrepreneurship programme to support MSMEs in Nigeria, improve access to finance, and strengthen business growth through structured training
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has urged entrepreneurs, policymakers, and financial institutions to fully embrace the Inspire–Create–Start–Scale (ICSS) programme as part of efforts to strengthen Nigeria’s MSME ecosystem.
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Speaking at the launch of the ICSS4ALL initiative, SMEDAN Director-General Charles Odii described the ICSS MSME programme Nigeria framework as a structured model designed to guide businesses from idea development through to scaling and market expansion.
The programme, developed in collaboration with international and local partners, is aimed at improving entrepreneurship training, access to finance, and enterprise sustainability across the country.
Odii called on government institutions at all levels to integrate the ICSS model into existing MSME policies, while encouraging banks and financial institutions to develop lending products aligned with the improved credit readiness of certified entrepreneurs.
He noted that ICSS graduates are trained, structured, and better positioned for business financing, adding that tools like the ICSSLearn platform and GROW Fund are designed to support their growth and expansion.
According to organisers, the programme has already reached tens of thousands of participants, created thousands of jobs, and recorded significant female participation, highlighting its inclusive impact.
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The initiative is being positioned as a national benchmark for entrepreneurship development, with stakeholders emphasising the need for stronger policy backing and financial sector collaboration to maximise its impact on Nigeria’s MSME sector.
Business
ISAT Group Rebrands, Partners Afro Mobile to Launch High-Speed Broadband Services in Nigeria by Q3 2026
New identity signals bold expansion as landmark investment accelerates affordable, high-speed connectivity for millions of Nigerians.
Nigeria’s digital economy is set for a major boost as ISAT Group unveiled a new corporate identity and announced a strategic alliance with Afro Mobile, ahead of its Q3 2026 commercial launch.
The partnership is underpinned by Afro Mobile’s acquisition of a 40% equity stake in ISAT Group and a US$3 billion financing package structured by Equiline Finance, positioning the alliance among the largest indigenous broadband investment initiatives in Nigeria’s telecommunications sector.
The rebranding marks ISAT Group’s evolution into a next-generation digital connectivity company focused on broadband, satellite communications and enterprise solutions. Together, the partners will expand affordable, high-speed internet access to homes, businesses, government institutions and underserved communities nationwide.
ISAT Group Chief Executive Officer, Dr. Adeyanju Binuyo, described the development as a transformational milestone.
“Our vision extends beyond connectivity. We are building the digital infrastructure that will power businesses, connect communities, stimulate innovation and accelerate Nigeria’s digital economy. This partnership demonstrates our commitment to making world-class broadband accessible to every Nigerian.”
Group Chairman, Mr. Ganiyou AFOLABI Moustapha, said the alliance reflects ISAT Group’s long-term confidence in Nigeria’s future.
“This investment is a strong vote of confidence in Nigeria’s digital economy. Together with Afro Mobile, we are building a resilient indigenous broadband platform that will create jobs, drive innovation and support inclusive national development.”
With operations commencing in Q3 2026, ISAT Group and Afro Mobile are poised to emerge as a leading indigenous broadband provider, delivering next-generation connectivity that will help bridge Nigeria’s digital divide and power the country’s next phase of economic growth.
Business
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