Abuja, Nigeria – The Nigerian Export-Import Bank (NEXIM) has forged a strategic partnership with Fidelity Bank Plc and Sapphital Learning Ltd to fuel the growth of Nigeria’s export sector and enhance the country’s foreign exchange earnings. The collaboration aims to equip export businesses with the necessary skills and resources through the NEXIM Export Academy (NEXA), an online platform designed to provide capacity-building training and access to finance for scaling up operations.
Launched in 2022 with the support of Sapphital, a leading digital learning institute, the NEXA platform aims to empower millions of businesses by offering comprehensive resources and knowledge to effectively engage in successful export operations. By improving quality control standards and enhancing competitiveness in the global market, the platform seeks to drive the growth of non-oil exports and foreign exchange, fostering stronger connections among all stakeholders in the value chain.
During the signing of the Memorandum of Understanding (MOU) in Abuja, Mr. Abba Bello, Managing Director of NEXIM, emphasized the importance of knowledge in enabling entrepreneurs to navigate the complex processes, documentation, and compliance requirements involved in export and import business.
Mrs. Nneka Onyeali-Ikpe, Managing Director/Chief Executive Officer of Fidelity Bank, highlighted the bank’s longstanding commitment to promoting non-oil exports and capacity building within the nation’s export and import business. She emphasized the bank’s dedication to supporting local exporters through initiatives focused on enhancing capacity and facilitating access to capital. The partnership provides an opportunity to deepen conversations within the export space and create significant value for all participants in the sector.
Mr. Amu Ogbeide, Founder/CEO of Sapphital Learning Ltd, outlined the institute’s goal of expanding the export market and encouraging more individuals to participate and thrive within it. The ultimate aim is to foster the growth of Nigeria’s export industry and amplify its impact on the country’s economy.
This collaboration between NEXIM, Fidelity Bank, and Sapphital signifies a significant stride toward empowering Nigerian exporters, equipping them with the knowledge, skills, and financial resources needed to excel in the global marketplace.