CIATECH Africa, a non-governmental organization, has forged a strategic alliance with Rayyan Microfinance Bank to support 50 Micro, Small, and Medium Enterprises (MSMEs) in Borno State, with the goal of bridging the gap between technological innovation and financial accessibility.
Through this partnership, local entrepreneurs will gain access to essential digital tools, financial literacy programs, and business development support. During the signing ceremony held in Maiduguri, CIATECH Africa’s Founder, Umar Grema, highlighted the collaboration as a landmark effort toward deepening digital and economic inclusion for small business owners across the state.
According to a representative from Rayyan Microfinance Bank, the partnership aims to create sustainable pathways for entrepreneurs by equipping them with the right tools, funding opportunities, and business knowledge necessary to thrive in today’s competitive economy.
Enjoying this article? Share it with your network!
The pilot phase of the initiative will directly benefit 50 MSMEs spanning diverse sectors such as agribusiness, retail, and digital services. Under the agreement, CIATECH Africa will oversee the digital training and entrepreneurship development components, while Rayyan Microfinance Bank will handle financing and provide financial advisory services to participants.
This joint effort aligns with Borno State’s wider vision to promote innovation, strengthen local enterprise, and empower young people to transition from job seekers to job creators. It also reinforces CIATECH Africa’s broader mission to reduce the digital divide and foster sustainable livelihoods through the use of technology and innovation.
Through this initiative, participating MSMEs will receive hands-on training, business mentorship, and customized access to financial solutions designed to help them grow and operate sustainably.
