The Micro, Small and Medium Enterprises (MSMEs) sector has been described as critical to the economic growth of any country. Its potential to create jobs, boost production and reduce poverty has been globally acknowledged.

But the sector’s capacity to do so in Nigeria has been limited by its inability to secure credit from Money Deposit Banks, a development that has created a huge financing gap of N9.6 trillion.

Assistant Editor OKWY IROEGBU-CHIKEZIE looks at the various innovative financing options, technologies and products that could bridge the gap and reposition the sector.