A global media brand that promotes and celebrates global capitalism, entrepreneurship across Africa, IKEANUMBA Africa Magazine is set to assist small and medium entrepreneurs through The Partner initiative, Thecitypulsenews.
Rev Ayobanna Ikeanumba, a South African trained real estate developer is the brain behind Ikeanumba Africa Magazine and The Partner.
Ayobanna believes entrepreneurship is what drives the development of any economy and that afro capitalism is the way forward for Africa.
Speaking at the official lunch of the magazine in Lagos on Sunday, Mr Ayobanna used the medium to introduce his pet project, The Partner.
The Partner Initiative is created to impact lives and develop solutions as a result of the challenges of small businesses accessing funds.
The chairman of Ikeanumba Africa Mr Ayobanna Ikeanumba said the company has set aside N10 million annually under the Initiative to empower small and medium entrepreneurs in the country.
Speaking on the initiative, he said there will be a contest and 10 winners will emerge, each one of them will get N1million to boost their businesses.
It is also worthy of mentioning that the support project tagged The Partner 2021 is basically for the startups, the organization already have a team that is handling that.
Speaking on the modalities, Rev. Ayobanna said they will evaluate the business of the contestants before giving out support, siting examples he said the entrepreneur can be Mama Put because the focus is on the growth of the business.
The Editor in charge of the magazine also laid emphasis on the need for the initiative, noting that contest is for the support of SME’s but the contestant must subscribe for the magazine which is just N30, 000 for a year but they must have a business with a minimum of three employees, she said by meeting up with the criteria, then a contestant could be one of the successful entrepreneurs at the end of 2021.
The money is not a loan, it’s a support which comes with a contest between entrepreneurs.”
Meanwhile, Ikeanumba Africa Magazine is basically concerned about announcing successful businessmen and women in their chosen fields, like Forbes.