By ayomide odude
on Tuesday, October 14th, 2025 in Blog, Insights.
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Small and medium-sized enterprises are the heartbeat of Africa’s economies. They employ millions, drive trade across borders, and spark the kind of innovation that keeps industries alive. According to the 2025 National Bureau of Statistics (NBS) MSME Survey, small and medium-sized enterprises (SMEs) contribute nearly half of Nigerian GDP (49.6%) and employ an impressive 85% … Read more
By ayomide odude
on Tuesday, September 9th, 2025 in Blog, Insights.
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A few months ago, the procurement head of a major FMCG company in Lagos received a frantic call from one of their key packaging suppliers. The supplier had just landed a surge of orders but didn’t have the cash on hand to purchase raw materials. Expected payment from the FMCG giant was still 75 days … Read more
By ayomide odude
on Friday, September 22nd, 2023 in Insights.
2 Comments
Fiducia has released its Platform-Enabled Alternative Supply-Chain Finance report covering insights into the challenges businesses face along their Supply Chain. Access to finance is crucial for economic growth, and Micro Small and Medium Enterprises (MSMEs) play a significant role in global economies. However, they face challenges in accessing financing, leading to a finance gap of … Read more