LAPO Microfinance Bank Limited (LAPO MfB), a microfinance institution in Nigeria, has disbursed over N74 billion to Micro, Small, and Medium Enterprises (MSMEs) in the first half of the year 2023.
Nigeria is home to over 36.9 million MSMEs, comprising 96.7 percent of all businesses in Nigeria. 67
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
