
Most firms bring a lens. We see the whole picture.
Carthena Advisory provides economic intelligence and business transformation advisory services that help organisations outperform, scale sustainably and build lasting competitive advantage.
Our Partners Trust Us








































Six tests for Nigeria’s 2027 election
Carthena’s biannual flagship. The six tests every presidential programme will be scored against, with declared weights and rules of evidence, published before the scoring opens in December.
Read Edition 01 →The path to success: Optimise value. Build sustainability.
We are a trusted financial and management advisory firm supporting businesses and institutions across Africa. We combine rigorous economic analysis, strategic clarity and hands-on transformation expertise to help clients deliver superior performance.
Our services are aligned with the United Nations Sustainable Development Goals, including Quality Education, Gender Equality, Decent Work, Climate Action and Partnerships for the Goals.
Learn About the FirmTransformation Advisory
Strategic and operational support for long-term growth.
Economic Intelligence
Actionable insights to support high-stakes decision-making.
Capability Building
Training and development that strengthens execution capacity.
Capital and Transactions
Capital raising and transaction advisory, from due diligence to close.
What We Do
Organised around our SSI methodology - every capability serves one of three interdependent domains.
Process Reviews & Optimisation
Lean diagnostics and performance improvement.
Supply Chain Configuration & Management
Resilient, data-driven supply chain design.
Transaction Advisory
Capital raising and investor readiness.
Forensic Audit, Investigation & Financial Planning
Financial investigation and controls assurance.
Latest Thinking

September was a harvest, not a disinflation
Nigeria's headline inflation fell to 14.63% in September. Core inflation, which strips out food and energy, rose at its fastest monthly pace of the quarter.
Read More →
Nigeria is renting its stability
Reserves stand at an eighteen-year high while interest consumes 53.7% of federal revenue. Nigeria is not being paid for its stability; it is paying for it.
Read More →
Nigeria knows what it needs to build. It cannot find the money to build it.
Nigeria needs $120bn a year in infrastructure investment. It mobilises roughly $5bn. Power alone has an $11bn annual gap. The money problem is really a machinery problem.
Read More →Training programmes that deliver measurable results
Across 50 client organisations since inception, participants have reported revenue growth of 24 per cent and productivity gains of 22 per cent following our training programmes, alongside lower operating costs. We partner with Velsoft Inc. and renowned training institutions across the UK, USA, UAE, South Africa, and Rwanda.
We partner with Velsoft Inc. and renowned training institutions across the UK, USA, UAE, South Africa, and Rwanda.
Explore Training Programmes↓ Download Q4 2026 Training Calendar (PDF)Stay informed
Subscribe to receive our insights and economic intelligence updates.