Nigeria’s largest online mall, Konga.com’s commitment to deepening commerce and trade in Africa is bearing commendable results as some of its franchisees and merchants have benefited from the Lagos State Employment Trust Fund.
The Lagos State Employment Trust Fund (LSETF), was established by The Lagos State Employment Trust Fund Law 2016 to provide financial support to residents of Lagos State, for job, wealth creation and to tackle unemployment.
LSETF serves as an instrument to inspire the creative and innovative energies of all Lagos residents and reduce unemployment across the State by focusing on promoting entrepreneurship, improving access to finance and formulating policies designed to improve the business environment in Lagos State.
The Fund has the mandate to directly invest N25Billion in helping Lagos residents grow and scale their Micro Small and Medium Enterprises (MSME) or acquire skills to get better jobs.
The franchisees and merchants were among the Seven Hundred and Five beneficiaries who received various amounts of money to grow and enhance their businesses.
This is in line with Konga’s mission to be the engine of trade and commerce in Africa by empowering indigenous MSME’s to reach a wider market across the nation as demonstrated through its strategic collaboration with the Lagos state government thereby helping franchisees and merchants to match with the fast changing technology by providing platforms for them to thrive.
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