WEConnect International in Nigeria identifies, educates, registers, and certifies women's business enterprises that are at least 51% owned, managed, and controlled by one or more women. WEConnect International is the only non-profit connecting women-owned businesses with multi-national corporate purchasing organizations outside of the United States.
WEConnect International–Accenture Business Process Innovation Training
On July 02nd, 2014, Accenture welcomed 30 women business owners from WEConnect International into their Lagos headquarters for the WEConnect International – Accenture Business Process Innovation Training. Our guest speakers included Executives from Accenture who discussed the importance of innovation in business and how to build a corporate culture that embraces innovation; the co- founder of Jumia Nigeria who talked about the technicalities of running an e-commerce business and the future of the industry in Nigeria and Africa as a whole; an Executive from ExxonMobil who taught our participants how to minimize their total system costs (operation costs) so that they can better compete in bidding processes with Chinese, Indian, and American/European firms; an Executive from IBM who talked to the participants about the importance of gathering and using data; and the Executive Director WEConnect International in Nigeria who taught the women how to Align and Execute their Business Strategies.
WEConnect International in Nigeria Hosts Training Event
Over 100 Nigerian women entrepreneurs gathered in Lagos on May 22nd to learn about WEConnect International’s global certification program and other tools to grow their businesses.
“It is very encouraging to see Nigerian women entrepreneurs so eager to take advantage of the opportunities we offer,” said Comfort Avunze Sakoma, Director WEConnect International Nigeria. “We are also very thankful for the support of our corporate members.”
Attendees received a workshop training by the Enterprise Development Centre on Decision Making Strategies for Business Growth and also participated in two roundtables. The first one, “Are You Bankable?” was hosted by Access Bank. The second one, “What Corporate Firms Expect from Vendors,” was hosted by EY Nigeria.
WEConnect International participates in WEF Africa event in Nigeria
On May 8, 2014, WEConnect International in collaboration with the World Bank, the African Development Bank, the International Finance Corporation, UN Women, the Ministry of Finance, WIMBIZ, the Nigerian Women's Trust Fund, Access Bank and P&G, hosted a World Economic Forum Africa (“WEF Africa”) side event on Gender in Abuja, Nigeria.
Following the WEF Africa’s theme “Forging Inclusive Growth, Creating Jobs” and to further showcase the critical role women play in job creation and economic growth, the event presented an overview of the impact resulting from inclusive growth, the business case for investments in women, case studies on corporations that have seen the commercial benefits of including women suppliers in their value chains, and stories from successful women entrepreneurs who shared the challenges they face and the opportunities they have identified for economic growth across Africa.
Gathering together thought leaders from the public and private sectors, the WEF Africa side event provided a unique opportunity to demonstrate the business case for investing in women in Africa, especially in women entrepreneurs generally and women in agribusiness in particular. WEF Africa also presented a platform to explore and discuss recommendations to be endorsed and implemented by governments and private sector entities operating in Africa for inclusion of women in the region’s growth strategy.
Photos:middle: Participants at the WEF Africa Gender Event held May 8 in Abuja listen to speakers and engage with the members of the panel; left: (from left to right) Michael O'Sullivan, in charge of Poverty Reduction and Economic Management Africa Region at the World Bank HQ, and Titilola Familoni, Head, Women Banking Unit, Access Bank offer their insights on women and economic development; right: Comfort Sakoma, Director for WEConnect International Nigeria, discusses the economic potential of women owned businesses.
WEConnect International launches in Nigeria
WEConnect International reached a new milestone in Africa with the launch of its Nigeria initiative on January 25th 2014 in Abuja with the generous support of the ExxonMobil Foundation and the Rockefeller Foundation.
“We are delighted to get to work with women business owners in Nigeria who want to grow their companies and sell to multinational corporations,” said Elizabeth Vazquez, CEO and Co-Founder of WEConnect International.
“We are also grateful for the extraordinary support we have already received from Nigerian business associations, government agencies, multilaterals, the media, and of course the outstanding participation of Nigerian women business owners, who came from around the country to network and share their vision for success,” she added.
The Nigeria initiative will be led by Executive Director Comfort Avunze Sakoma. Sakoma is also the CEO and Editor in Chief of Poize Magazine, a consumer publication that targets women entrepreneurs.
The day-long launch program featured keynote addresses and panel discussions by a number of prominent speakers, including Marie-Francoise Marie-Nelly, head of the World Bank Nigeria, and businesswoman and philanthropist Princess Fifi Ejindu.
Panelists representing the Nigerian Bottling Co., Access Bank, Fidelity Bank and the International Finance Corporation discussed Nigerian corporate commitment to sourcing and financing women-owned businesses and the unique assets that women-owned businesses can bring to the value chain.
Nigeria joins South Africa as the second market in Africa where WEConnect has established a presence. Additionally, the organization operates in Asia, South Asia, North America, Europe, Latin America and the Caribbean.
Panel discussion featuring The Nigerian Bottling Company, Fidelity Bank, WIMBIZ, Access Bank, and The International Finance Corporation. Moderated by Elizabeth Vazquez and Juliana Oyegun; Dr. Chii Akporji, Special Advisor to the Coordinating Minister for the Economy & Honourable Minister of Finance; Participants in the launch of WEConnect International in Nigeria network and listen to speakers during the event.
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