A non-governmental organisation, CIATECH Africa, has entered into a strategic partnership with Rayyan Microfinance Bank to empower 50 Micro, Small, and Medium Enterprises (MSMEs) in Borno State.
The partnership seeks to bridge the gap between innovation and access to finance by equipping local entrepreneurs with essential digital tools, financial literacy, and business development support.
Speaking during the signing of the agreement in Maiduguri, Umar Grema, Founder of CIATECH Africa, described the partnership as “a milestone in advancing digital and economic inclusion for small business owners in Borno.”
“Our collaboration with Rayyan Microfinance Bank is driven by a shared vision to empower local entrepreneurs, especially youth and women-led businesses, with the right skills, finance, and technology. We are not just supporting MSMEs; we are building an ecosystem of innovation and resilience in Borno State,” he said.
In his remarks, Abubakar Musa, Managing Director of Rayyan Microfinance Bank, reaffirmed the bank’s commitment to expanding financial inclusion in underserved communities.
“We are proud to partner with CIATECH Africa in creating pathways for entrepreneurs to grow. Together, we will ensure that MSMEs in Borno can access the tools, finance, and knowledge they need to succeed in today’s economy,” he noted.
The joint initiative will kick off with a pilot phase supporting 50 MSMEs across key sectors such as agribusiness, retail, and digital services. CIATECH Africa will lead the digital training and entrepreneurship development components, while Rayyan Microfinance Bank will provide financing and financial advisory support.
The program aligns with Borno State’s broader goals of fostering innovation, strengthening the local economy, and empowering youth to become job creators rather than job seekers.
It also builds on CIATECH Africa’s ongoing efforts to bridge the digital divide and promote sustainable livelihoods through technology and innovation.
Through this initiative, selected MSMEs will receive training, mentorship, and access to financial services tailored to help them scale sustainably.
