Access Bank Partner Other Institutions To Launch Ebi Marketplace

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Access Bank: We Are Not Affiliated With Access Capital Investment
Access Bank: We Are Not Affiliated With Access Capital Investment

Access Bank and other financial institutions which include SME.NG in, Bank of Industry (BOI), LAPO Microfinance Bank, Chapel Hill Denham, and the Impact Investment Foundation Nigeria are launching the Ebi Marketplace – a Nigerian innovation for female entrepreneurs.

The Ebi Marketplace consists of an access to capital market, an e-commerce mall and a knowledge market for female entrepreneurs in Nigeria seeking to digitize their businesses.

The initiative which is conceptualized by SME.NG as a solution to the impact of COVID-19 on female entrepreneurs, the Ebi Marketplace aims to close the gender digital divide in Nigeria by supporting women’s digital literacy and financial inclusion, while providing access to capital and markets.

The conveyer of the Ebi Marketplace, Thelma Ekiyor stated that SME.NG is committed to investing in facilitating female entrepreneurs’ profitability, so that they are positioned for infusion of capital.

According to her, this innovation is supported by Nigerian investors for the Nigerian market.

“We at SME.NG see ourselves as an indigenous solutions provider in Nigeria’s SME ecosystem. Women in Nigeria establish businesses more than men but struggle to grow beyond a certain point. We believe we have a strategic role to play in breaking that financial and growth ceiling,” she noted.