Author Archives: Olatunji Abdulrazaq

Top 15 Strategies for Growing Your MSME in Nigeria With Samples

Growing a Micro, Small, and Medium Enterprise (MSME) in Nigeria requires a blend of strategic planning, leveraging available resources, and innovative thinking. Drawing from over 20 years of experience, I present a detailed analysis of effective strategies, supplemented with real-life … Read More

5 Proactive Measures Your Business Must Take To Survive An Economic Meltdown

Most businesses do not survive a period of recession not because their products or services are not needed in the market. Instead, their operational exits are occasioned by a lack of proper planning. overlooking essential market signals and not minimizing the business’ exposure to risks. Thus, to strengthen your business during an economic meltdown, it is important to identify the cracks in your system, and how you are doing your business now and look for ways to improve them. … Read More

AfCFTA: Promoting E-commerce and Formalising Informal Micro-Enterprises in Africa.

The African Continental Free Trade Area (AfCFTA) has opened a $3.4 trillion borderless market created by the AfCFTA to present an opportunity and rekindled hopes for African recovery through trade in a post-Covid-19 world. … Read More

AfCFTA: Trade Finance and Intra-Africa Trade

With the African Continental Free Trade Area (AfCFTA) bringing together 1.3 billion people in 55 African countries to create the world’s largest free trade area as measured by the number of participating Member States, the Economic Development in Africa Report 2019 notes that the rules of origin could be a revolutionary for Africa as long as they are simple, transparent, business-friendly and predictable. … Read More

Business Process Improvement: Reasons & Benefits

Business Process Improvement (BPI) refers to diagnosing, analyzing, and improving existing business processes in an enterprise to enhance performance and provide continuous business growth. … Read More

2022: 3 Must-Dos for MSMEs

Micro, Small and Medium-sized Enterprises are no doubt the core engine of growth in every economy. As we go into the last part of the first quarter of the administrative year, it is important to remind key business decision-makers that the time for planning and it is time to start executing. … Read More

AfCFTA: Administration of Rules of Origin

With the African Continental Free Trade Area (AfCFTA) bringing together 1.3 billion people in 55 African countries to create the world’s largest free trade area as measured by the number of participating Member States, the Economic Development in Africa Report 2019 notes that the rules of origin could be a revolutionary for Africa as long as they are simple, transparent, business-friendly and predictable. … Read More

3 Ways To Leverage Digital Disruption

Disruption is inevitable for every business and at some point, digital disruption will come for every organization regardless of size. Those who prepare for it will be flexible enough to thrive in a time of disruption, but the organization that overlooks it is surely handshaking exit as a business. … Read More

AfCFTA & PASPPS: Accelerating Africa’s Trade

PAPSS allows a customer in one African country to pay in their currency, while a seller in another country receives payment in their currency. With PAPSS, this would facilitate the African Continental Free Trade Agreement (AfCFTA) aim to bring together the 54 African countries to trade under a single market with liberalized tariffs and the removal of the non-tariff barriers to cross-border trading. … Read More

Want A Successful Administrative Year? Consider these 4 things

The new year inspires renewed energy and excitement for what could happen. It’s a fresh start and the perfect time to reflect on the past and plan for the future – to set goals and figure out how to meet them. Even though Y2022 has begun, it’s not too late to kick things off rightly to help ensure growth for your business. … Read More