Centre for Enterprise Development

The Centre for Enterprise Development (CED) focuses on fostering entrepreneurship, digital literacy, and economic inclusion through targeted initiatives. Key activities include skills development programs for individuals and small business owners, startup incubation and mentorship, business development support, including seed funding, advisory services, and networking opportunities, and workshops, hackathons, and innovation challenges to spur creativity.

CED’s scope extends to policy advocacy, research, and digital inclusion initiatives, such as analyzing trends in digital transformation and SME growth, promoting affordable internet access and smartphone literacy, collaborating with financial institutions to expand access to low-interest loans and digital payment solutions, and cross-border knowledge exchange to share best practices in enterprise development and digital innovation. These efforts aim to reduce unemployment, bridge the digital divide, and foster sustainable economic growth. The following are the major programmes of the CED already executed in collaboration with various partners and donors include:

The Junior Business Seminar (JBS)
Launched by ALF in 1991, addresses youth unemployment and socio-economic exclusion by sensitizing young graduates on opportunities for private initiatives, encouraging enterprise development over traditional white-collar jobs, and firing imagination and promoting self-employment. The program's success led to its adoption by the Frederick Neumman Foundation in several countries, including Ghana, Senegal, Cote d'Ivoire, and Benin Republic.
Central Bank of Nigeria’s Entrepreneurship Development Project, Phase I (2008-2013)
ALF implemented the Central Bank of Nigeria's Entrepreneurship Development Centre (CBN-EDC) program in Southwest Nigeria from 2008. The program provided 12-16 weeks of intensive entrepreneurship training to unemployed graduates and young entrepreneurs. The key outcome was the empowerment of 18,167 individuals with entrepreneurship training which resulted in:
• Creation of 222 new enterprises
• Expansion of 869 existing ones
• Creation of about 3,500 jobs
• Facilitated access to finance for small businesses
• Customized training for senior executives, retirees, and tertiary institutions
• Partnership with HP for Graduate Entrepreneurship Training through Information Technology(GET-IT).

CBN-Entrepreneurship Development Centre, Phase II (2015-2017)
ALF continued its entrepreneurship development program with the Central Bank of Nigeria (CBN) for another three years, starting in 2015. The program trained 7,450 beneficiaries in comprehensive entrepreneurship skills and facilitated access to over N400 million in credit for beneficiaries through various loan sources, including MSME loans and microfinance banks.
The EDC Project and Achievement (2008-2017)
A total of 25,617 participants, including graduates and non-graduates, participated in 12-16 weeks of intensive training across Southwest Nigeria. The participants came from various sectors, including: agro-allied, manufacturing, retail, and service-oriented businesses, with a focus on small to medium-scale farming, agricultural value chain businesses, such as produce marketing, storage, processing, and distribution.


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- 715 trainees accessed N96.4 million in credit from financial institutions and private sources.
- N38.18 million in grants was awarded to CBN-EDC graduates through the YouWin scheme.
- In 2016, Oyo State Government, under the leadership of former Governor Isiaka Ajimobi provided N120 million in seed loans to 100 beneficiaries.
- Ogun State Government granted soft loans to 38 trainees through the Bank of Industries.
- The entrepreneurship training generated 5,465 jobs and expanded 2,581 businesses.

ALF partnered with:
- Oyo State Government on OYO-Ajumose Business Leadership and Entrepreneurship Youth Programme (OYO-ABLE) empowered 50,000 youths.
- Oyo & Ekiti State Governments on Youth Agropreneurship Rebirth Scheme for 128,000 youths expected employment
- Sterling Bank PLC on Youth Entrepreneurship Development Programme (YEDP) for unemployed graduates.


Table II below, summarizes the totality of access to finance facilitated by ALF under the entrepreneurship development programme.

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ALF’s accreditation as an Entrepreneurship Development Institute EDI for Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL MFB) Platform
ALF’s advocacy efforts led to the Central Bank of Nigeria’s Agribusiness Small and Medium Enterprise Investment Scheme (AGSMEIS) providing soft loans to SMEs. ALF submitted 1,148 loan applications, resulting in approved loans totaling ₦1,444,477,623 for its trainees.

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ALF & Youth Entrepreneurship Development Programme (YEDP 2016)
ALF partnered with the Central Bank of Nigeria, Heritage Bank, and NYSC to implement the Youth Entrepreneurship Development Programme (YEDP). The program aimed to address youth unemployment through entrepreneurship training and soft loans. Key outcomes include; 484 youths trained in entrepreneurship and 92 individuals received startup grants of ₦3 million each to launch their businesses.
ALF Launched Digital Business Operation for SMEs:
ALF partnered with UNIDO and Hewlett Packard to implement the "Graduate Entrepreneurship Training through IT" (GET-IT) program, providing ICT training to young unemployed individuals to launch their own businesses. The program was initially rolled out in six African countries, and ALF continues to implement the UNIDO entrepreneurship program in Nigeria.
ALF’s Advocacy in Export Promotion for the Africa Growth and Opportunity Act (AGOA)
ALF's involvement with AGOA in 2016 led to significant changes, including organizing Nigeria's Chapter of AGOA CSOs and Stakeholders' workshop in 2018, which resulted in recommendations to diversify the economy and support smallholder farmers. These outcomes were presented at the 17th AGOA Forum in Washington, D.C. in July 2018. In November 2018, Africa Leadership Foundation, with the supervision of USAID, singlehandedly prepared the first Nigeria National AGOA Strategy Document. The document has since been delivered to USAID for onward presentation to the Federal Government.
ALF Tech-hub
ALF initiated integrating tech-hubs into entrepreneurship development in Nigeria, partnering with the CBN to establish hubs in Lagos and Ibadan. The Federal Ministry of Communications relocated its Southwest Technology Innovation Hub to ALF's Ibadan center, installing equipment worth millions. ALF was entrusted with managing the hub, receiving interest from the Oyo State Government and NIITDA.
Partnership with Nigeria Diaspora Direct Investment Scheme (NDDIS)
The partnership aims to restore trust and confidence among diaspora Nigerians, providing a secure platform for investment, direct interface with reputable Nigerian institutions, exhibition spaces for companies to showcase opportunities and deal rooms for networking and negotiations in order to foster a conducive environment for diaspora Nigerians to explore investment opportunities in Nigeria.
Partnership with Lagos State Ministry of Agriculture and Cooperatives on Export Readiness Programme for Lagos Farmers
The Lagos State Ministry of Agriculture partnered with ALF under the World Bank's APPEAL project to train farmers on accessing 2nd level funding for business expansion, build capacity for export readiness and enhance SMEs' competitiveness in the agricultural value chain with the aim to ultimately improve their livelihoods and contribute to the state's economic growth.
Partnerships with Nigerian Universities on Entrepreneurship Development Training
ALF partnered with several Nigerian universities, including Redeemer's University, Babcock University, Christland University, and Lead City University, to equip penultimate students with entrepreneurship skills. This initiative aims to tackle youth unemployment by empowering students to explore alternative employment options and become entrepreneurs, fostering a mindset shift towards self-employment and business ownership
Partnership with the State Governments to Train Residents and Indigenes
Several states in Nigeria have seen the value of entrepreneurship training for their citizens and partnered with ALF for facilitation. These states include: Ekiti, Osun, Lagos, Kwara, and Oyo States.
ALF Partnership with AFREXIMBANK on Agribusiness Export Readiness Accelerator Training, West Africa
The Afrexim/ALF's Agribusiness Export Readiness Accelerator Programme aims to equip West African agribusinesses with skills and resources to tap into continental trade opportunities under AfCFTA, enhance SMEs' technical capacity, export knowledge, networking by enabling SMEs to scale operations across borders and access competitive export markets in order to drive economic growth.
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