The African Continental Free Trade Area (AfCFTA) presents a transformative opportunity for Micro, Small, and Medium Enterprises (MSMEs) across Africa. By creating a single market for goods and services, AfCFTA aims to enhance intra-African trade and stimulate economic growth. This … Read More
MSME
A 9-Step Guide On Expanding Your Business in the ECOWAS Region
Introduction Expanding your business into the Economic Community of West African States (ECOWAS) region offers a significant opportunity for growth. This article provides a detailed roadmap to help businesses navigate the complexities of entering and thriving in this diverse market. … Read More
Understanding the African Continental Free Trade Area (AfCFTA) for MSMEs
The African Continental Free Trade Area (AfCFTA) is a flagship project of the African Union’s Agenda 2063, aimed at creating a single continental market for goods and services, with free movement of businesspersons and investments. It aims to boost intra-African … Read More
Understanding the African Continental Free Trade Area (AfCFTA) for MSMEs
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
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