Fidelity Bank Plc is collaborating with PricewaterhouseCoopers (PwC) to provide funding for Small and Medium Enterprises (SMEs) operating in Nigeria.
Mr Nnamdi Okonkwo, Managing Director, Fidelity Bank, said in Lagos on Wednesday that the bank came up with the initiative tagged, ‘SME Funding Connect,’ to deepen funding, which remained the biggest headache of SMEs.
Okonkwo who was represented by Executive Director, Lagos & South West, Mrs Nneka Onyeali-Ikpe, said the initiative was aimed at providing funding for SMES through the bank’s funding partners, venture capital and Angel investor, among others.
Attached are the pictures from today’s SME Funding Connect Press Conference:
On his part, Nigeria Chief Economist and Partner, PwC, Mr Andrew Nevin, noted that the programme could develop more SMEs, which would in turn contribute to the development of the economy.
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