ETK 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 build climate resilience. The launch event took place at an exclusive venue in Ikoyi, Lagos, in partnership with the UK Foreign, Commonwealth & Development Office (FCDO) and the Aspen Network of Development Entrepreneurs (ANDE), marking Lagos as the first market in Momentum’s global rollout.
Addressing Modern Capacity Challenges
Across both emerging and developed economies, organisations face a new generation of capacity challenges. Weak governance structures, limited financial management systems, compliance gaps, and rising climate-related risks increasingly shape business performance and access to opportunity. These challenges affect MSMEs, high-growth companies, corporates, and investors alike, becoming central to market access, financing, and operational stability. ETK created Momentum to address these issues.
Platform Pillars
Momentum provides a structured, data-driven approach to assessing organisational capacity across three core pillars:
- Finance & Growth: Strengthens governance, financial systems, and investment readiness.
- Trade & Market Access: Improves operational maturity, compliance capability, and export readiness.
- Climate Risk Management: Helps organisations identify, manage, and respond to climate-related risks based on their primary areas of operations, determining materiality, identifying adaptive responses, and addressing governance shortcomings.
By combining technology with a robust capacity framework, Momentum enables organisations to benchmark performance, identify gaps, and develop transformation plans to build systems required for achieving key impact targets, whether accessing new markets, securing financing, or addressing climate risk.
Leadership Perspectives
Speaking at the global launch in Lagos, Bolaji Sofoluwe MBE, managing director of ETK, highlighted the platform’s role in advancing sustainable private sector growth: “At ETK, we believe resilience is the new competitive advantage. In a world shaped by global uncertainty, climate governance enables organisations to build capacity, manage risk, and drive sustainable growth.” The Lagos launch aligns with ongoing UK-Nigeria collaboration to support private sector development, improve market competitiveness, and advance climate-aligned growth. Through this partnership, Momentum will support businesses to build stronger systems, demonstrate reliability to lenders and investors, and participate more effectively in global value chains.
British Deputy High Commissioner, Mr. Jonny Baxter, emphasised the importance of strengthening business systems: “The launch of Momentum reflects the strength of UK innovation in delivering practical solutions to global development challenges. Designed to support funders, development finance institutions, governments, and business support organisations worldwide, the platform brings a highly adaptable, multilingual capability to strengthening small and growing businesses. By linking technical assistance to measurable outcomes—from access to finance and export readiness to climate resilience—Momentum demonstrates how UK-developed digital tools can drive sustainable economic growth and unlock the potential of SMEs in Nigeria and beyond.”
Karina Karunwi, West Africa Regional Head of ANDE, stated: “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.”
Global Rollout and About ETK
The Lagos activation marks the beginning of a phased global rollout, with additional markets in Africa and other economies planned. ETK Group is a United Kingdom-based international trade and economic development advisory firm specialising in export development, market entry, and international market engagement across Africa and other high-growth emerging markets. Founded in 2010, the firm supports governments, development partners, and private-sector organisations to design and deliver trade, investment, and private sector development initiatives. In 2026, ETK received the King’s Award for Enterprise in International Trade, one of 185 organisations named nationally in the award’s 60th anniversary year, celebrating the firm’s leadership in strengthening UK-Africa commercial pathways. Drawing on over 15 years of expertise, ETK has delivered projects in 34 African markets, supported over 300 clients, and contributed to programmes worth more than £1 billion.
