ETK to launch Momentum in Lagos, first market in global rollout

Enterprise Trade and Knowledge (ETK), a United Kingdom based international trade and economic development advisory firm, has announced the global launch of Momentum, a technology enabled capacity, climate risk and impact management platform designed to help organisations strengthen the internal operating systems that drive growth, facilitate access to finance, and help build climate resilience.

The launch is delivered in partnership with the UK Deputy High Commission in Lagos, the Foreign, Commonwealth & Development Office (FCDO) and the Aspen Network of Development Entrepreneurs (ANDE), marking Lagos as the first market in Momentum’s global rollout.

Across both emerging and developed economies, organisations are facing a new generation of capacity challenges. Weak governance structures, limited financial management systems, compliance gaps and rising climate related risks are increasingly shaping business performance and access to opportunity. These challenges affect MSMEs, high growth companies, corporates and investors alike, and have become central to market access, financing and operational stability. Momentum was created to address these challenges.

The platform provides a structured, data driven approach to assessing organisational capacity across three core pillars: Finance & Growth, which strengthen governance, financial systems and investment readiness; Trade & Market Access for improving operational maturity, compliance capability and export: organisations to identify, manage and respond to climate-related risks as well as Climate risk management that Identifies climate risks for a business based on its primary areas of operations, determining the materiality of those risks, identifying adaptive responses, and addressing shortcomings in climate risk governance.

Bolaji Sofoluwe, managing director of ETK, highlighted the platform’s role in advancing sustainable private sector growth, saying: “At ETK, we believe resilience is the new competitive advantage. In a world shaped by global uncertainty, climate governance, build capacity, manage risk, and drive sustainable growth”.

The launch aligns with ongoing UK -Nigeria collaboration to support private sector development, improve market competitiveness and advance climate aligned growth. Through the partnership, Momentum will support businesses to build stronger systems, demonstrate reliability to lenders and investors, and participate more effectively in global value chains.

The launch also reflects a shared commitment among public, private, and development sector partners to strengthen the competitiveness of businesses and improve access to opportunities across emerging markets. Commenting on the importance of strengthening the systems that enable businesses to thrive, Deputy High Commissioner, remarked:“Momentum is built to support funders, grant making organisations, DFIs and MDBs, private foundations, government departments, business support organisations, development platforms any organisation that supports the growth and development of small and growing businesses, regardless of geography. The platform comes with multilanguage capability, including support for French, Spanish, Portuguese, and Arabic”.

Momentum’s launch is also supported by the Aspen Network of Development Entrepreneurs (ANDE), a global organisation dedicated to strengthening entrepreneurial ecosystems and supporting small and growing businesses. ANDE’s involvement reflects the growing recognition that stronger organisations are essential for translating investment and technical assistance into measurable development outcomes.

Karina Karunwi, West Africa Regional Head, Aspen Network of Development Entrepreneurs (ANDE), said:“At ANDE, we know that building thriving small and growing businesses requires more than capital alone. Momentum brings a fresh, measurable perspective to access to finance and impact measurement, from insight to sustainable action, which is why we’re excited to collaborate on Momentum’s launch. The platform will strengthen the capacity of West African SMEs and the organizations that support them, helping unlock investment and accelerate sustainable growth across the region”.

The Lagos activation marks the beginning of a phased global rollout, with additional markets Africa and other economies planned as part of a phased international rollout.