• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Brands & Marketing

Glovo Academy Nigeria launches to empower 5,000 SMEs

Global tech firm backs small businesses with skills and support

David Okere by David Okere
October 2, 2025
in Brands & Marketing, Business & Finance
0
Glovo Academy Nigeria

Glovo Academy Nigeria launches in Abuja to support over 5,000 SMEs, empowering small businesses through skills, tech, and strategic investment

Glovo Academy Nigeria officially launched in Abuja on Tuesday, marking a significant step in empowering small businesses across the country’s fast-growing micro, small, and medium enterprises (MSME) sector.

Also read: Chowdeck secures $9M Series A funding to accelerate rapid commerce expansion

The initiative, unveiled by global delivery platform Glovo, aims to build capacity, transfer skills, and support sustainable growth among Nigeria’s entrepreneurs.

Glovo, which entered the Nigerian market in 2021, says over 5,000 local businesses and 12,000 riders have already benefited from its operations.

Speaking at the event, Kolawole Adeniyi, Head of Commercial at Glovo Nigeria, emphasised the company’s commitment to Africa’s grassroots economy.

“We’ve invested €206 million across six African countries, and Nigeria remains one of our biggest opportunities. In Nigeria, over 95% of our partners are SMEs,” he said.

He noted that Glovo has delivered an estimated ₦55 billion in value to Nigerian businesses, underscoring its mission to support — not exploit — local economies.

“Most global companies come to Africa to extract value. Glovo is doing the opposite — investing in people and infrastructure without demanding immediate returns,” Adeniyi added.

Head of Growth and Abuja Business Lead, Reni Onafeko, revealed that Glovo has already facilitated two million orders in Abuja alone, with over 2,000 local riders and 1,000 partners participating.

“The launch of the Glovo Academy is not just about training — it’s about transformation,” she said. “Our partners are vital contributors to Nigeria’s economy, and we must equip them to grow sustainably.”

The academy’s launch comes at a time when Nigeria’s MSME sector — estimated at over 39 million enterprises — is increasingly recognised as the engine of the national economy, contributing 40% of GDP and 80% of jobs, according to SMEDAN data.

Speaking on behalf of the Federal Government, Ifeoma Williams, Senior Special Adviser on Strategic Communications at the Ministry of Industry, Trade and Investment, said the focus on SMEs was timely.

“There is no economy without SMEs. They are the lifeblood of Nigeria’s growth,” she stated.

Williams confirmed that Nigeria’s first industrial policy in over three decades had just been validated and would soon be officially launched.

“Access to affordable finance exists — including a ₦75bn fund at single-digit interest. But many SMEs cannot access it due to poor business structures. That’s where capacity-building like Glovo Academy is crucial,” she noted.

From the private sector, Tijjani Mustapha, founder of Ahmed Shawarma, shared insights from running a food service business.

He said consistency, delegation, and digital platforms such as Glovo, Instagram, and Facebook were essential to surviving Nigeria’s tough business landscape.

“Technology is no longer a luxury. It’s a survival tool,” Mustapha said, admitting he once had to shut down a branch due to staffing issues. “Customer feedback helped us rebuild. Tech gave us reach, data, and control.”

Also speaking, Kayode Meyanbe from SMEDAN said the agency is revamping its curriculum to improve business training. “We are working with business schools and service providers to deliver targeted, practical skills. Too many SMEs fail not for lack of ambition but lack of knowledge.”

Also read: Chowdeck secures $9M Series A funding to accelerate rapid commerce expansion

The panellists concluded that while Nigeria’s MSMEs face major structural and operational challenges, initiatives like Glovo Academy — backed by private sector commitment and improved government policy — are vital to unlocking their full potential.

David Okere
David Okere

Related Posts

Buchi Johnson
Award

Buchi Johnson, CEO of Lilvera Group, named CMA judge in prestigious 2025 awards

by Peculiar Adirika
August 6, 2025
Oluremi jpg
Sustainability

Nigeria’s First Lady seeks collaboration on environmental protection

by Quadri Olaitan
January 20, 2024
Dr. Adesola Adeduntan FirstBank CEO
Business

‘Another shot in the arm’ Adeduntan shines as FirstBank wins Retail Banking CEO Award

by Freelanews
June 8, 2021
Screenshot 2024 08 12 at 13 25 06 stanbic ibtc image.webp WEBP Image 946 × 544
Business

CBN disqualifies Stanbic Bank, others in $279 million rDAS auction over compliance Issues

by Freelanews
August 12, 2024
WhatsApp Image 2021 05 19 at 12.57.22 PM
Business

‘Entertainment’ Unraveling the secret process of ITG’s dominance in home cinema

by Freelanews
May 19, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

Elegant man in black suit and tie, formal attire, professional settings, business or news context.

Cubana Chiefpriest mocks Burna Boy, hails Davido

October 29, 2025
Modern white government building with a green dome, tropical palm trees, and clear skies in the background, reflecting classical architecture and tropical urban development in a coastal city.

National Assembly security threat raises alarm

October 29, 2025
NDLEA

NDLEA cracks down on illegal drug parties in Lagos

October 29, 2025
Ademola Lookman

Ademola Lookman shines in Atalanta’s fierce Milan draw

October 29, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
APC Second-Term Governors

APC: Second-term governors seeking immediate elective post to lose party leadership

October 15, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Elegant man in black suit and tie, formal attire, professional settings, business or news context.

Cubana Chiefpriest mocks Burna Boy, hails Davido

October 29, 2025
Modern white government building with a green dome, tropical palm trees, and clear skies in the background, reflecting classical architecture and tropical urban development in a coastal city.

National Assembly security threat raises alarm

October 29, 2025
NDLEA

NDLEA cracks down on illegal drug parties in Lagos

October 29, 2025
Ademola Lookman

Ademola Lookman shines in Atalanta’s fierce Milan draw

October 29, 2025
October 2025
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Hot!

Elegant man in black suit and tie, formal attire, professional settings, business or news context.

Cubana Chiefpriest mocks Burna Boy, hails Davido

October 29, 2025
Modern white government building with a green dome, tropical palm trees, and clear skies in the background, reflecting classical architecture and tropical urban development in a coastal city.

National Assembly security threat raises alarm

October 29, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.