
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.
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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 grounded in global best practices and aligned with Sustainable Development Goals including quality education, gender equality, decent work, climate action, and partnerships for development.
Our services are grounded in global best practices and aligned with Sustainable Development Goals including quality education, gender equality, decent work, climate action, and partnerships for development.
Learn About the FirmTransformation Advisory
Strategic and operational support to unlock long-term growth.
Economic Intelligence
Actionable insights to support high-stakes decision-making.
Capability Building
Training and development that strengthens execution capacity.
Sustainable Value Creation
Advisory aligned with SDGs and long-term societal impact.
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

Ghana is doing the work
Ghana defaulted in 2022 with 54% inflation and 93% debt. By 2026 it had single-digit inflation, a completed IMF programme and returning capital. It is doing the work.
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Nigeria's investment gap is a knowledge problem, not an execution problem
Nigeria announced $11.5 billion of investment pipeline in 2025 and received $4 billion, half of it one oil deal. The gap between announcement and arrival is a knowledge problem, decomposed.
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Nigeria has a productivity problem 30 years in the making
UNCTAD's World Investment Report 2026 gave Nigeria a headline recovery: $4 billion in FDI, back in Africa's Top 5. Roughly half was one oil deal. The productivity thesis holds.
Read More →Training programmes that deliver measurable results
Organisations that invest in our training programmes experience a 24% increase in revenue, a 22% boost in productivity, and a decrease in overall business 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 Q3 2026 Training Calendar (PDF)Stay informed
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