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FATE Foundation and ACCA Nigeria Launch Report on "Improving Financial Literacy amongst Nigerian MSMEs"

Dear ,Happy Global Entrepreneurship Week! This week, the focus has been on celebrating entrepreneurs and for good reason. Despite economic recession, covid-19 and civil unrest, Nigerian entrepreneurs are demonstrating resilience and courage in the face of uncertainty. We salute our you!Today I am happy to share our report on "Improving Financial Literacy amongst Nigerian MSMEs" developed by FATE Foundation and ACCA Nigeria which takes a close look at the financial literacy gap in Nigeria, provides data and insights around the challenges, proffers recommendations and includes a financial literacy curriculum guide that entrepreneurship ecosystem players can work with.

The report includes recommendations on:

• Expanding the provision of financial literacy support for businesses

• Standardizing Business Development Support Providers

• Practical learning opportunities for businesses

• Establishing feedback mechanisms to provide continuous support for businesses

• Greater diversity in programme options and policy responses and much more. Click to continue reading.

I hope you find this report useful. Please share your feedback, questions and/or clarifications with us via [email protected].Kind regards,Amaka NwaokoloLead, Research & PolicyFATE Foundation