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In a developing country like
Nigeria, the private sector mainly consists of micro, small and medium
enterprises that have the potential of generating a large share of employment
and income opportunities. Often, however, their development potential remains
untapped, as firms operate in isolation, are locked into uncompetitive
production patterns and unable to approach dynamic business partners that could
bring in new expertise and know how.
Egonaija aims to boost the
development of a competitive private sector and contribute to poverty reduction
by building sustainable linkages between small-size enterprises, their larger
scale business partners and support institutions.
Linkages enhance enterprise
competitiveness through the realization of economies of scale and scope and are
a source of sustainability, as they increase the capacity of the economic
actors to collectively react to crisis and turning points. Linkages also pave
the way for broad-based and inclusive development, where poor entrepreneurs and
workers participate in economic activities on fair terms.