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By Cynthia Alo
Access Bank Plc has launched a new artificial intelligence (AI)-powered application, Access SME App, designed to help Small and Medium-sized Enterprises (SMEs) manage their daily business operations from a single application.
The app was formally unveiled during the bank’s maiden SME conference held over the weekend in Lagos themed, “AI for SMEs: Scaling Through Digital Tools”.
Experts including government officials, technology experts and business leaders who spoke at the event said AI is no longer optional for businesses seeking to improve efficiency, expand their customer base and scale operations.
Speaking, Senior Special Assistant to the President on Entrepreneurship Development in Communications, Innovation, and Digital Economy, Chalya Shagaya, urged entrepreneurs to take advantage of AI to grow their businesses.
Shagaya said while entrepreneurship begins with an idea, businesses now require technology to execute those ideas effectively.
She noted that many small business owners perform several roles at once, including
