Core Insights - RedCloud Holdings plc has announced a strategic partnership with Nigeria Distillers Limited (NDL), enhancing access to NDL's beverage products in Nigeria [1][4] - The partnership will utilize RedCloud's RedAI trading platform, allowing over 130 existing NDL distributors and new wholesalers to access NDL's product range directly [2][3] Company Overview - RedCloud operates the RedCloud trading platform, which facilitates the trading of fast-moving consumer goods (FMCG) across business supply chains, aiming to unlock access to key purchase and sales data [5] - Nigeria Distillers Limited is a leading manufacturer and distributor of premium spirits and beverages in Nigeria, known for its quality and innovation [7] Partnership Details - NDL will sell more than 60 products on the RedAI platform, enabling distributors to benefit from a digital trading exchange with inventory management and near real-time stock visibility [2][3] - Orders will be processed through hubs in Lagos, Abuja, and Port Harcourt, ensuring delivery within two to five business days [3] - The partnership aims to improve unit economics and cash flow flexibility for distributors and wholesalers, while providing NDL with valuable market data [3][4] Strategic Vision - The partnership aligns with RedCloud's vision to create a new operating system for global trade, simplifying access and enhancing reach within the trade ecosystem [4] - NDL's commitment to commercial excellence and modern retail approaches is reinforced through this strategic alliance [4]
RedCloud and NDL to Transform Beverage Distribution Through Digital Trading