As a seasoned professional with over 20 years of experience, I’ve witnessed the dynamic evolution of trade policies and their profound impact on businesses, particularly Micro, Small, and Medium Enterprises (MSMEs). The African Continental Free Trade Area (AfCFTA) represents one … Read More
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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