Building on its existing leadership training program, Africa Lead has launched a new Entrepreneurship and Agribusiness Development Course to meet the needs of youth and women entrepreneurs looking to launch or scale agribusinesses across the West African region.
Forty young entrepreneurs (aged 18-35) took part in the five-day entrepreneurship training in Lagos, Nigeria, to develop their capacity in agribusiness identification, planning, and management. With an emphasis on identifying and targeting market opportunities across the value chain, participants received hands-on training to help them develop and operate commercially viable businesses in the agricultural sector.
Participants engaged in group work during the training session
Through the training, the young agripreneurs identified challenges and opportunities in various agriculture value chains, fine-tuned existing business ideas, and developed key components of a business plan. Participants also received training on how to manage cash flow, create financial statements, carry out market research, develop production and operation plans, and better analyze and mitigate business and financial risks. The training served as an opportunity for participants to develop networks for collaboration and partnerships with other entrepreneurs in Nigeria and network with potential mentors and investors. Successful Nigerian entrepreneurs served as guest speakers and engaged in discussions about how to identify market opportunities in Nigeria, sustain a business, and identify pathways for financing.
More details on the event can be found here through the extensive media coverage