NEXA to train 5mn MSMEs exporters
By Patience Ikpeme
Nigeria’s Export-Import Bank, NEXIM, has launched a portal to train 5 million Nigerian Micro Small and Medium Enterprises (MSMEs) exporters on how to leverage existing export value chains.
Successful MSMEs are expected to earn more foreign exchange for the country when they put their training to good use.
The portal is managed by NEXIM Academy (NEXA) in collaboration with Fidelity Bank and Sapphital.
At the memorandum of understanding (MoU) signing ceremony in Abuja on Tuesday, NEXIM Bank Managing Director Abba Bello said: “we came up with the idea of NEXA through our partnership with the Sapphital Academy and have attracted more than 4,400 participants, of whom more than 500 have already received their certificates”.
Abba Bello said, “although NEXIM has also used its social media to raise awareness, partnering with Fidelity bank will further promote and expand the platform. It will help” he said.
NEXA’s goal is to “provide training and resources to existing and potential exporters, as well as other key players in the export value chain, and to liaise with banks.”
Fidelity Bank’s Managing Director Mrs. Nneka Onyeali-Ikpe , who also spoke at the event, said the bank has been investing in Nigeria’s export industry for many years and has trained more than 2,000 exporters.
Fidelity Bank she said is “expanding itself to increase awareness of Nigerian export products around the world through programs like Fidelity International Trade Creative Connect (FITCC)”
Exporters, overseas buyers and importers worked together, resulting in more than $200 million in contracts. “Fidelity Bank is currently preparing for the first FITCC event in the United States of America (USA) in October 2023, aimed at connecting North American buyers and importers with Nigerian exporters.”
Mr. Amu Ogbeide, founder and CEO of Sapphital, said that in 5-10 years Nigerians will look back and appreciate what NEXA has done.
