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 and 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 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. The 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.
Three Core Pillars of Momentum
The platform provides a structured, data driven approach to assessing organisational capacity across three core pillars:
- Finance and Growth: Strengthen governance, financial systems and investment readiness.
- Trade and Market Access: Improve operational maturity, compliance capability and export readiness.
- Climate Risk Management: Identify, manage and respond to climate-related risks based on primary areas of operations, determine materiality of risks, identify adaptive responses, and address shortcomings in climate risk governance.
By combining technology with a robust capacity framework, Momentum helps organisations benchmark performance, identify gaps and develop transformation plans required to build the systems required to achieve key impact targets, whether accessing new markets, securing financing, or addressing climate risk.
Expert Perspectives
Managing Director of ETK, Bolaji Sofoluwe, 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.”
Commenting on the importance of strengthening the systems that enable businesses to thrive, the 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 and any organisation that supports the growth and development of small and growing businesses, regardless of geography. The platform comes with multi-language capability, including support for French, Spanish, Portuguese and Arabic.”
Alignment with UK-Nigeria Collaboration
The launch aligns with ongoing UK-Nigeria collaboration to support the 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.
