Nigeria is Africa’s largest economy, with the wholesale and retail market system accounting for approximately 20% of the economy. However, the system is inefficient, with numerous barriers to women and vulnerable groups accessing markets on favourable terms. Growth and Employment in States – Wholesale and Retail Sector (GEMS4) is a Department for International Development (DFID) and World Bank funded market development project in Nigeria.
It is a £16.8 million project managed by Coffey International Development, a Tetra Tech Company. GEMS4 initiatives focus activities on providing solutions to nine underlying systemic constraints: markets, skills, support services, information, technology, finance, energy, logistics and infrastructure.
The GEMS4 mandate is to facilitate market system changes to address identified constraints, in order to encourage economic growth; resulting in the creation of 10,000 new jobs and increased incomes for 500,000 people, especially for the poor and women.