AXA Mansard empowers 200 female-owned SMEs with digital skills

200 female managed Small and Medium Enterprises has received empowerment from AXA mansard, member of the global leaders in insurance and asset management as a result of their exposure to financial literacy and digital business skills.

During the AXA’s lined-up programmes to commemorate this year’s International Women’s Day, in collaboration with SME 100 Africa, a two-day training was held in Lagos recently.

Olusesan Ogunyooye, the Head of Marketing of AXA Mansard, said, “The training aims to empower female SME owners with skills to improve business output and position them for the increasing economic opportunities available in an increasingly digital marketplace.”

Ogunyoye stressed that in line with AXA Mansard’s sustainability agenda, explaining that the company was convinced that support for women through its inclusive protection programmes was important to its purpose of acting for human progress by protecting what matters and its mission of moving from being a payer to a partner.

He also said, focusing on digital skills is important because the company realises the importance of digital skills to the growth of the SME sector in Nigeria and wants to know that women are empowered enough to be a consequential part of that growth.

It is almost trite to say that SMEs are the engine for economic growth, especially in developing countries like Nigeria, where over 45 million adults are business owners. What needs to be continually discussed is how Nigeria is going to unlock that potential for economic development and how much of that potential will be unlocked by women and for women.

For us at AXA Mansard, we are aware that digital will play a major role in unlocking these current opportunities and Nigeria’s economic future. So, to ensure that women are equally represented in unlocking these future potentials, that is why we have collaborated with SME 100 Africa to support them in developing the required skills,” he enunciated.

The firm’s choice of digital and financial literacy skills is deliberate Ogunyooye said.

We understand the power of the duo. We understand that helping these SMEs with the skills to attract more customers will be a faster means to empower them.

We see that they have amazing products and services, but they need to understand how to attract value for themselves by attracting the right customers, and you will agree with me that virtually all customer segments are online in one way or another today,” he added.

Zainab Odunayo
Zainab Odunayo
Zainab Odunayo is a News Reporter at Wakadaily News, specializing in politics and current affairs. With a strong passion for storytelling and a keen interest in social issues, Zainab brings insightful perspectives to her reporting.

Popular Related

Pension: PIAFRICA 2023 to focus on investments, risk management

The 6th Pension Funds & Alternative Investments Africa 2023 (PIAFRICA2023) conference will cover a variety of pension-related issues, including alternative investments, risk management, legislative...

Govt mulls commercialisation of FMBN

The Federal Mortgage Bank of Nigeria has restated its commitment to ensuring speedy reforms to boost efficiency and access to affordable and quality housing...

MTN, Airtel others to block SIMs without NIN Feb 2024

The Nigerian Communications Commission, NCC has urged MTN Nigeria, Airtel and other telecommunications companies to block phone numbers without National Identity Numbers, NIN. Also, those...

SEC, NGX empower retail investors with financial education

Nigerian Exchange Group Plc (NGX Group), in collaboration with the Securities and Exchange Commission (SEC) and other market operators, organized a series of engaging...

Yabatech gets N3.5bn entrepreneurship centre

In an act to foster development in the educational sector, Tunde Fanimokun, the Retired Permanent Secretary of the Lagos State Civil Service, has donated...

REDAN-FCT appoints vice-chairman

Dr Gbadewole Kayode, was appointed as the new vice Chairman of the Real Estate Developers Association of Nigeria in Abuja. From the report, Kayode, who...

FG raises N1.5trillion in 2 FGN bond offers

The Federal Government realised N1.5tn through bonds at its February auction instead of the N2.5tn it was aiming. The Debt Management Office in a press...

Govt urged to maximise FTZs for economic growth

Biodun Dabiri, the Chairman of the Lekki Free Trade Zone, has advocated for the maximisation of the Lagos Free Trade Zone to drive economic...

Ondo, Enugu, Ekiti can fix electricity tariffs – NERC

According to the Nigerian Electricity Regulatory Commission, Ondo, Ekiti and Enugu States has been approved to come with the suggestion for their electricity tariff. Wakadaily...

NACCIMA appoints vice chairman for digital economy

Dele Odufuye, has been appointed as the Vice Chairman of its Digital Economy, Gaming, and Sports Betting Trade Group, by the Nigerian Association of...