African entrepreneurs to get 1bn Euros support from Germany

Germany has set aside 1 billion euro to serve as grant for African entrepreneurs to boost innovation on the continent.

Dr Sidney Inegbedion, the President of Nigeria Entrepreneurs Forum (NEF), who made this known in Abuja during the meeting of project management and leadership training for entrepreneurs, said Nigeria would have the larger share of the grant.

According to him, Germany has asked NEF to organise compulsory six months training for Nigerian entrepreneurs that will access the grant.

“The NEF is a platform for Nigerian business owners to interact, network and do business  for growth, prosperity to advance Nigeria’s economy.

“The major objective of the forum is to promote globalisation of member enterprises through sponsorship and serve as source for advocacy on issues that may affect enterprise growth and economic freedom.

“It is to create platform where enterprises can thrive through transparent, disciplined and equal opportunities, while achieving corporate goals.

“The forum should also create platform where members can share business experiences, innovative ideas and motivate each other for strength and growth.”

He said NEF promoted and propagated information that could enhance the growth and profitability of members ‘ organisation, where networking and synergy among members could propel economic growth and excellence.

Dr Ignatius Adeh, a business lawyer, advised project managers to take note of direction and destination of projects for successful completion.