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?6 Billion Program to Boost 250,000 Youth Businesses

10/22/2025

50 4 Full Breakdown

Summary

Story summary

The Corporate Affairs Commission (CAC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) launched a ?6 billion program.
The program will formalize 250,000 youth-led businesses through free registration.
In South Africa, Zunaid Moti announced a R1 million investment to support 100 students with R10,000 each for their first-year tertiary education.
Moti encourages creativity in applications through social media videos.

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Story summary

The Corporate Affairs Commission (CAC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) launched a ?6 billion program.
The program will formalize 250,000 youth-led businesses through free registration.
In South Africa, Zunaid Moti announced a R1 million investment to support 100 students with R10,000 each for their first-year tertiary education.
Moti encourages creativity in applications through social media videos.