Business

Nigeria’s SMEs at a Crossroads: Competing for Relevance in the AfCFTA Era


Nations are often defined by their trade strength, and Nigeria is no different. For Nigeria, however, the African Continental Free Trade Area (AfCFTA) is more than just trade; it’s a test of endurance, innovation, and ambition. The agreement offers access to a $3.4 trillion market spanning 54 countries and 1.4 billion people, but that opportunity must be earned. Only those with efficient supply chains, strong industries, and globally competitive products will truly reap the benefits.

Nigeria’s small and medium-sized enterprises, which accoun

Nations are often defined by their trade strength, and Nigeria is no different. For Nigeria, however, the African Continental Free Trade Area (AfCFTA) is more than just trade; it’s a test of endurance, innovation, and ambition. The agreement offers access to a $3.4 trillion market spanning 54 countries and 1.4 billion people, but that opportunity must be earned. Only those with efficient supply chains, strong industries, and globally competitive products will truly reap the benefits.

Nigeria’s small and medium-sized enterprises, which accoun



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