Friday, 29 August 2014

Africa's Under-40 Millionaire Entrepreneurs













Africa’s millionaires are getting younger and younger, which is not surprising for a continent that has the world’s largest youth population. Close to 70 percent of the population is aged below 25. Some 200 million individuals are aged between 15 and 24.
Like their counterparts worldwide, Africa’s Generation X (born after the post-World War II baby boom) and Generation Y, or millennials, generally shy away from the political arena, opting instead for the platforms of entrepreneurship and philanthropy to provide for themselves and to effect change. But on a continent that accounts for some of the highest youth unemployment figures in the world, entrepreneurship may be the only option for many, especially as the youth become better educated.      
Among the continent’s young millionaires is Ugandan-born Ashish J. Thakkar, who, at 32, is said to be Africa’s youngest billionaire. And at 36, Senegal’s Magatte Wade may be the only woman to crack the male-dominated list (see below).

NAME
COUNTRY
TITLE, ORGANIZATION
DESCRIPTION
Roland Agambire, 39
Ghana
Group chairman, AGAMS Group; Founder/CEO, RLG Communications
Electronics manufacturer
Kamal Budhabatti, 36
Kenya
CEO, Craft Silicon
Software
Ladi Delano, 30

Nigeria
Founder/CEO, Bakrie Delano Africa
Investment – mining, agriculture, oil & gas
Nic Haralambous, 29
South Africa
Founder, ForeFront Africa
Mobile strategy
Abasiama Idaresit, 34
Nigeria
Founder/CEO, Wild Fusion
Digital marketing
Vinny Lingham, 34
South Africa
Internet entrepreneur
Online marketing; search engines
Michael Macharia, 38
Kenya
Group CEO, Seven Seas Technologies
Technology solutions
Patrick Ngowi, 28

Tanzania
Founder/chairman, Helvetic Group of Companies
Renewable energy
Jason Njoku, 32,

Nigeria
Co-founder, iROKO Partners
African entertainment distribution
Sim Shagaya, 38
Nigeria
Digital entrepreneur
Retail; ecommerce
Mark Shuttleworth, 39

South Africa

Founder, Canonical Ltd., developer of Ubuntu 
 The world’s largest, free, open-source operating system
Justin Stanford, 28
South Africa
Founder/CEO, ESET Southern Africa;
Founder/CEO, 4ADi Group
Internet security;
Venture capital
 Ashish Thakkar, 32
Uganda
Co-founder/CEO, Mara Group
 Real estate; manufacturing; technology; renewable energy; financial services
Magatte Wade, 36
Senegal
Co-founder, Adina World Beat Beverages; Founder/CEO, Tiossan
Beverages;
Skin care
Source: Ventures Africa, Forbes, and others

Africa’s under-40 millionaires share their secrets to success



This is a take from Forbes list of ten African millionaires in their 20s and 30s.  In this article, three of Africa’s under-40 millionaires share their secrets to success and give advice to other budding entrepreneurs.

Jason Njoku
Jason Njoku
Jason Njoku | Age: 33 | Founder/CEO, Iroko Partners
Iroko Partners is the world’s largest online distributor of Nigerian films. In an earlier interview with How we made it in Africa, Njoku described the company’s iROKOtv platform as the “Netflix of Africa”. Iroko recently received an US$8 million investment from Tiger Global Management, a New York-based venture capital and private equity fund.
Njoku says the idea for the business was born from the difficulty his family had in finding Nigerian films in London. “Coming from a Nigerian family, I have always had a sense of the power of Nollywood films. I had difficulties when my mother asked me to get her some. Other family members also struggled to get their hands on their favourite films. I soon realised that there was a gap in the market since the films were only available on DVDs, which were quite difficult to find in the West. I bought the online licences for as much Nollywood content as I could and started to distribute them online,” he says.
Njoku’s first job was selling fruit and vegetables at a market in London. “It was cold and I had to get up really early,” he remembers.
These days Njoku’s biggest worry is to keep his team motivated. “I want them all to be engaged with the company and excited about where we are heading. We’ve seen rapid [staff] expansion in the last 12 months, from 18 to almost 100. I spend a lot of time thinking about getting the right people for the team, that they are happy in their roles and that they have a clear vision set in front of them.”
He says his tenacity is the biggest reason for his achievements.
Njoku’s advice to other African entrepreneurs? “Spot an opportunity, make a plan and run with it. I definitely had the right idea, in the right place, at the right time and I knew I could do it. I learnt from my mistakes, but still kept true to my own vision. You need to have that kind of confidence to make these things work. Don’t hang around waiting for things to happen.”

Kamal Budhabhatti
Kamal Budhabhatti | Age: 38 | Founder/CEO, Craft Silicon
Craft Silicon is one of Kenya’s leading software exporters, offering solutions to financial institutions around the world.
Budhabhatti started Craft Silicon after being deported from Kenya. “After I completed my studies I moved to Kenya [from India] and worked for a company in the polythene sector for a while doing data entry. Five months later a friend of mine approached me to write software for a local bank. Of course my boss found out about this and was not very pleased. He had me deported back to India. On my flight all I could think about was the great opportunities in Kenya. I moved back to Kenya and began writing software for banks full time. This eventually gave birth to what Craft Silicon is today,” he explains.
When starting the business, Budhabhatti worked without a salary for six years. “I concentrated on growing the company. We want to continue growing the company so that one day we can hire 10,000 people and sell our software all over the world. Today the company is valued at about $30 million. I am not very happy with that. There is still one zero missing at the end. My vision is that by the year 2020 we will have a valuation of $500 million.”
What parts of his job keep him awake at night? “The market is very competitive and therefore we have to be innovative to remain relevant. This is what I think about a lot, how to stay ahead and innovation is the key to this.”
He believes that Kenya’s tech entrepreneurs should come up with more unique ideas and that the country should stop focusing on the success of the M-Pesa mobile money platform. “I don’t see any unique ideas. I have not seen something that can genuinely be the next big thing. I am just not convinced. M-Pesa was invented five years ago, but everywhere you go, every other technology conference, the only thing we talk about is M-Pesa. We must come up with something new.”
Budhabhatti says that African entrepreneurs should concentrate on delivering high-quality products, and not on becoming overnight millionaires. “They should stay focused and deliver value for money and success will come as a by-product. They should not look at short term goals and ditch the ‘get rich quick’ mentality. To be successful, a long term strategy is inevitable.”

Ladi Delano
Ladi Delano | Age: 32 | CEO, Bakrie Delano Africa
Ladi Delano reportedly made his first fortune from a liquor company in China. These days the British-Nigerian entrepreneur is the CEO of Bakrie Delano Africa, a joint-venture between Delano and one of Indonesia’s biggest conglomerates, Bakrie Group. The company plans to invest $1 billion in Nigeria over the next five years.
“I have been an entrepreneur in emerging markets, generally south-east Asia and China. During this time, I have been involved in a variety of sectors and also natural resources M&A and structured finance,” says Delano.
So why is he now focusing on Nigeria? “Nigeria is attractive to the Bakrie Group as an investment destination for several reasons. It is experiencing excellent rates of economic growth, approximately 8% per year, which is forecast by a wide cross-section of respected economic commentators to continue over the medium to long term. Indeed, Nigeria is widely predicted to overtake South Africa as the African continent’s largest economy within three to four years. Within the context of this strong overall economic growth, there are individual sub-sectors where rates of growth exceed 8%.”
According to Delano, there is no shortage of entrepreneurial spirit among Nigerians. “We are a nation of businessmen.”
Delano explains that there is a perception among foreign investors that the Nigerian market has political and security risks. However, he says infrastructure is the country’s biggest challenge. “Investors could be hampered by infrastructure not keeping pace with economic growth. That challenge, however, is a function of success and a growing pain, which has been an issue for all rapidly growing and industrialising nations over many decades.”
He attributes his success to hard work and learning from mistakes. “It’s an old saying but the phrase ‘Show me a man who has never failed and I’ll show you a man who has never succeeded’ really resonates with me,” says Delano.
“All entrepreneurs suffer periodic ups and downs and running a successful, profitable business isn’t easy. If it was, everybody would be doing it. But this is Africa’s time and the demand levels within our own continent’s domestic economy needs satisfying. This is a huge opportunity for entrepreneurial, hard working individuals,” he adds
.

UNDER 40 AFRICA

40 YOUNG AFRICAN ACHIEVERS


They are forty in all. And they are all forty years and under — some even in their twenties. They rubbish all the kowtowing (and the limitations) that the African culture allots to age, and offer gratifying hope of an illuminated future for a continent so worrisomely ridden with underdevelopment. Here are forty different stories, but you’d have to unearth the secrets and meeting points of the successes they share in common.
mworiaThirty-three-year-old millionaire, James Mwirigi Mworia, a chartered financial analyst and certified public accountant, is the chief executive officer of Centum Investment Company Limited, a Kenyan company reputed to be East Africa’s largest private equity firm. He has held the office since October 2008. In addition to his experience in investment management, which outstretches 10 years, Mworia is a specialist in deal sourcing and structuring, and has closed multiple transactions across Sub-Saharan Africa.

Fred SwanikerGhana-born Fred Swaniker, 35, founded the African Leadership Academy in Johannesburg, South Africa in fulfilment of his passion for raising quality leaders who would define the future of Africa. The coeducational and residential secondary boarding school is renowned to be world-class, recruiting outstanding students on the continent and specifically training them for future leadership positions. He had previously also founded the Global Leadership Adventures, a youth-oriented development initiative with global reach; and played a frontline role in the formation of Botswana-based Mount Pleasant English Medium School.

Zibusiso-Mkhwanazi 2Precocious South African digital entrepreneur, Zibusiso Mkhwanazi, has a stunning company-founding record of one per decade! The CEO of Avatar Digital (formerly KRAZYBOYZ digital Johannesburg) — a digital marketing agency based in Sandton and Cape Town — is also the founder of Mkhwanazi Academy for Christian Entrepreneurship. He founded Csonke Holdings in 2000, when he was only 17. Still just 28, Mkhwanazi has won a long list of awards, including a place on the World Economic Forum’s Global Young Leaders (2010).

Ndidi-NwuneliThirty-six-year-old Ndidi Okonkwo Nwuneli, unarguably a household name in African entrepreneurship circles, founded LEAP (Leadership Effectiveness Accountability Professionalism) Africa — an organisation that has gone on to train several thousand young Africans on core leadership issues and has in addition erected a compactplatform for monitoring their utilisation of those values — in 2002. In the same year, she equally founded Ndu Ike Akunuba (NIA), meaning Life, Strength, Wealth — a non-profit group committed to the empowerment of female university students born in her native south-eastern zone. At 29 years in 2004, she became one of the youngest recipients of Nigerian national honour, Member of the Federal Republic (MFR).

Yolanda-CubaYolanda Zoleka Cuba stood downas chief executive of Mvelephanda Group Limited, a South African conglomerate, in 2010. And she was still only32! Two years on, in February 2012, she ascended the executive directorship of the Strategy and Business Support of South African Breweries Limited.

david munroNamed as one of World Economic Forum’s Young Global Leaders in 2009, South African David Munrowas 38 at the time of his appointmentas Chief Executive, Corporate and Investment Banking at the Standard Bank Group, Africa’s largest provider of financial services, in July 2011. He joined the organisation in 1996 at the age of 22, and was deputy managing director as well as deputy chief executive officer between 2004 and 2010.

Gachao KiunaNow 34, Gachao Kiuna was only a boy of 24 when he announced himself as a man to shatter the record books, bagging a Ph.D. in Biotechnology from Cambridge. The Kenyan then went on to work for McKinsey & Company in Johannesburg — where he was involved in advising corporate clients in emerging markets on corporate finance and strategy — from where he joined Transcentury group, the organisation he currently sits atop as chief executive officer.

Joining David Munro on the list of World Economic Forum’s Young Global Leaders of 2009 was Euvin Naidoo, admirably described by Forbes.com as “the leading advocatefor Western Investment into Africa.” The graduate of Harvard Business School heads the South African Chamber of Commerce in Africa in America (SACCA). In 2009, he was profiled (alongside Mo Ibrahim and John Atta Mills) as one of the Five Faces of African Innovation and Entrepreneurship by Columbia University’s Journal of International Affairs.

Michael Collins AjerehMichael Collins Ajereh, better known as Don Jazzy, is incontrovertibly one of Africa’s most sought-after music producers. The 29-year-old graduate of Business Management from Ambrose Alli University, Ekpoma, and erstwhile chief executive officer of Mo’ Hits Records, is the chief executive officer of Mavin Records, which he founded after parting with childhood friend and partner, Dapo Oyebanjo (D’Banj). The highly decorated music producer hit limelight in 2004 after producing Tongolo for Dapo Oyebanjo (D’banj), his first sign-on.He has since gone on to produce for internationally acclaimed artistes such asShawn Corey Carter (Jay-Z), Beyoncé Giselle Knowles (Beyoncé)and Kanye Omari West (Kanye West).Earlier in 2012,hewas ranked 36th in Forbes’ list of Most Powerful Celebrities in Africa.

 Ikechukwu Arthur AnokeIkechukwu Arthur Anoke, a Nigerian resident in Kenya, became Chief Executive Officer (East Africa) of Mtech Communications in 2009 at an age(25)when some of his peers could still have been grappling with the challenge of securing admission into tertiary institution. Joining Mtech in 2005, Ikechukwu was appointed regional operations manager in 2008 only after three months of relocating to Kenya from Lagos. Before the year ended, he was promoted to the post of acting general manager (September) and later general manager (December). Two months after, he was appointedthe CEO.

Susnan MashibeSusnan mashibe was only in her 20s in 2003 when she founded Tanjet, the maiden fixed base operations service in Tanzania. She bagged the Archbishop Tutu Fellowship Award in 2009, the same year she clinched the Tanzania Women of Achievement Award. Her latest honour is her listing as a Young Global Leader (2012) by the Global Economic Forum.

Folashade LaoyeFolashade Laoye — a holder of Bachelors Degree in Accounting and a Master’s Degree (Business Adminisration) from the Harvard Business School, Cambridge, USA — heads Hygeia Nigeria Limited, the country’s largest private integrated healthcare service provider, which includes Hygeia HMO, Hygeia Community Health Plan and the Lagoon Hospitals. Shade, who trained with Ernst and Young, Lagos, and Price WaterHouseCoopers, London, has more than twenty years of local and international business experience.

magatte wadeAt 36, Senegalese-born but Germany and France-educated Magatte Wade has already been part of the founding of two companies. First she founded in 2004 — alongside Greg Steltenpohl and his wife, Dominique Leveuf —Adina World Beat Beverages in San Francisco, California, specialising in the manufacture of coffee, tea and juice drinks. The TED Global Africa Fellow subsequently founded The Tiossano Tribe, of which she is the current chief executive officer.

Acclaimed in South Africa as a strategist and entrepreneur, Tebogo Skwambane, 38, is the CEO of Monitor South Africa, a global partner of Monitor Group that she founded but later sold to a North America-based global strategy firm. She also serves as Director of Johannesburg of The Jupiter Drawing Room. After bagging a BA in Political Science from Dartmouth University and an MBA from Harvard, Tebogo worked four sterling years at Bain & Company in Boston, London and South Africa. She has also held senior management positions at International Finance Corporation — the private sector outgrowth of the World Bank — and at Eskom Enterprises

Cynthia-mosunmola-umoruForced to flee Bayero University, Kano, where she was studying Medicine due to political violence, Cynthia Mosunmola Umoru gained admission to study Zoology at Lagos State University where her new academic schedule opened her to discoveries that fuelled her founding, in her final year, of Honeysuckles PTL, a processed-food venture. The 32-year-old CEO is a 2011 fellow of Ashoka Innovators for the Public and a Goldman Sachs scholar. In 2009, she was awarded the Business Owner of the Year plaque in the revered Future Awards.

Kenyan accountant and business administrator, Stella Kilonzo has been chief executive officer of Capital Markets Authority for four years — a position that strategically sits her atop the country’s Insurance Regulatory Authority (IRA). The 37-year-old studied at the Catholic University of Eastern Africa, where she graduated with a first class honours before proceeding to the United States for further education and training.

Thirty-one-year-old Ethiopian, Bethlehem Tilahun Alemu is an outstanding emblem of entrepreneurial ingenuity, having created a footwear-making company out of waste motor tyres and rubber. From the obscure village of Zenabwork where SoleRebels (Bostex PLC)birthed in 2004, it has grown into an internationally recognised brand, currently fulfilling internet purchases from countries as far-flung as Canada and Australia. She has been described as Africa’s response to brands such as Nike, Reebok and Addidas.

Slim Amamou, 34, a computer programmer, entrepreneur, blogger and one-time deputy to the Tunisian minister for youth and sports,headsAlixsys, a web services company he co-founded in 2008. He had also initially co-founded, in 1999, AlphaStudios, a web agency. He is popular in Tunisian circles for hisdissident positions against censorship and intellectual propertyof the Internet — a stance that has earned him undeserved spells in the prison, including an arrest during a protest in the lead-up to the 2011 Jasmine Revolution.

Dr. Akudo Anyanwu Ikemba is the CEO of Friends (of the Global Fund) Africa, a voice she co-founded in 2008 in support of the Global Fund to fight HIV/Aids, Tuberculosis and Malaria. In its first three years, Friends Africa was reported to have mobilised north of $560 million to several African countries.She holds a Doctorate degree in Medicine from Tufts University, a Masters degree in International Public Health from Harvard University, and a Bachelor of Science degree in Molecular Biology from Lehigh University.

CEO Jasandra Nyker returned to native South Africa in 2011 to head BioTherm Energy — a home-grown independent power producer — from her base in London, where she had been senior vice president at PCG Asset Management, LLC.  Jasandra holds a B.Bus.Sc (Finance) degree from the University of Cape Town, and an MBA from London Business School. In less than a year of assuming the headship of BioTherm, she guided the company to selection as a preferred bidder (on one wind and two solar power generation projects) in the first phase of the southern African country's renewable energy procurement programme.

Biola Alabi lived most of her life abroad, particularly in the United States of America and Korea, until 2008 when she headed back home to found Mnet Africa, leaving behind her job as Director of International Strategy at Sesame Street, New York. The native of Akure, Ondo State, holds a Bachelor of Science degree in Public Health.

Basetsana Kumalo, 38, who heads the Business Women’s Association of South Africa, first struck national prominence when she won the Miss Soweto beauty pageant at 16 yearsin 1990, and quickly followed that up with winning the Miss Black South Africa pageant same year. She quickly rode on her luck to build an imposing career in television presenting, beauty pageantry and philanthropy. Under the Bassie (as she is otherwise called) brand, she launched a clothing range in 2000, followed by an eyewear range two years after. In 2004, she secured 74th spot on the list of Top 100 Great South Africans, a feat that was unachieved by any other Miss South Africa.

Zambian Jacqueline Muna Musiitwa is the founder and managing partner of Hoja Law Group — a boutique law firm operating from New York and Kigali, Rwanda — and the founder of Transitional Trade, a non-profit group established to promote social trade, investment and entrepreneurship in post-conflict countries and transitional communities. The speaker and writer is a 2011 Archbishop Desmond Tutu fellow at the African Leadership Institute, and he was nominated a Young Global Leader (2011) by the World Economic Forum.

Tough-talking 29-year-old Nigerian, Toyosi Akerele is the chief executive officer of RISE (Reputation Impact Style Development) Network, an internationally acclaimed youth-oriented social enterprise she raised from the rubbles of a lowly student magazine she founded during her third year as a student of Law at the University of Jos. Toyosi, an alumnus of the United States International Visitor Leadership Programme, was selected in 2007 by the African Business Forum as one of 101 Young African Leaders.

Thirty-year-old Ugandan, Ashish Thakkar, the director of Mara Group, returned home to Africa from the United Kingdom at 12. He was 14 when he sold his first computer, and 16 when he began running his show room. A year earlier, he founded RAPS, his first company, which was headquartered in Dubai. He is also the founder of Riley, a manufacturing company believed to make the most modern corrugated packaging plant in East and Central Africa; and Kensington, a real estate business in Dubai and Africa. Ashish is Africa’s second astronaut, having been a Founder Astronaut in Virgin Galactic’s first flight to space.

Tewodros Ashenafi, an Ethiopian, is the CEO of SouthWest Energy (HK) Ltd, the first Ethiopian oil and gas exploration company. He also chairs SouthWest Development,the largest provider of manpower, logistics, fuel transportation and base-camp services to oil and gas companies in Ethiopia; as well as Ambo Mineral Water S.C, a top beverage brand in the landlocked north-eastern African country. Ashenafi has considerable international experience in political and economic consulting. Ashenafi holds a degree in Economics from Columbia University, and is a graduate of the Harvard Business School.

Fidel Jonah, a graduate of the University of Greenwich (B. Econ) and CASS Business School, London (MBA), is a founder and the executive director of Jonah Capital (Pty) Ltd. The South African business magnate has worked with Deloitte & Touchẻ Consulting, Ghana; and Balfour Williamson & Sons, UK where he was Regional Representative for West Africa. Fidel is also a director at African Facilitation Services, Abalengani Structured Financial Products, Iron Mineral Beneficiation Services and the PA Group.

Only a few grass-to-grace, rags-to-riches stories can be more compelling than that ofKingsley Bangswell, the thirty-eight-year-old Nigerian who founded the now-globally-acclaimed organisation — Youngstars Foundation International (YFI) — in 1995, inside a barber’s shop located at Niger Avenue in the volatile city of Jos, Plateau State. Seventeen years on, the widely travelled CEO has won a number of international awards, including receiving the Ashoka Fellowship in 2008 and his 2009 nomination as a global youth leader by the World Economic Forum.

The Founder and chief executive officer of Lawpoint(PTY) Limited, South African lawyerAdria Greenereceived a Bachelor of Art in International Relations from Wellesley College and a Juris Doctor from The University of Michigan Law School where she served on the Editorial Board of The Michigan Journal of Gender and Law.  Adria, who has working knowledge of German and Greek, equally holds a Diploma in Management from the University of Cape Town, and is a founding member of the South African Legal Process Outsourcing Association.

Uchenna Jennifer Eze, the CEO of BainStone Limited, is better known as the founder of BellaNaija, an online fashion, lifestyle and entertainment blog to celebrate Africans. The 29-year-old occupied 22nd spot in Punch Newspaper’s rating of the 100 people, places, events and things that shaped 2008. In 2011, she was a finalist in the Young Person of the Year category at The Future Awards.

Brilliant South African chief executive, Alan Knott-Craig hails from a family where excellence is no rarity. Only 34 and the CEO of Mxit, Africa’s largest mobile social network with over 10 million subscribers, Alan — whose 59-year-old father resumed as CEO of Cell C in April, having previously been CEO of Vodacom — has previously beenCEO of World of Avatar. Trained at the University of Port Elizabeth where he obtained a Bachelor of Commerce (Honours)in 1999 and became a chartered accountant in 2002, Alan has, in the past, been managing director of iBurst and managing director of Cellfind.

Vinodan Lingham, South African internet entrepreneur and founder and CEO of Yola., Inc (previously known as Synthasite) — a web 2.0 outfit rendering website building, publishing and hosting services —  is also the co-founder of SiliconCape.com, a South Africa-based NGO that ambitiously aims to transform Cape Town into a technology hub. In 2003, Lingham, 33, founded two companies: incuBeta, an investment holding company that engages in the ownership, management, and support of online marketing companies, with offices in the US, UK and Cape Town; and Clicks2Customers, a subsidiary of incuBeta that provides search engine marketing software and services.

He was only 24 years when he was appointed the first Information Technology Youth Ambassador of his country — a deserved appointment having been in the forefront of the campaign for socio-economic transformation through ICT. In the years to follow, he consulted for a number of revered international institutions, such as Harvard University, Microsoft, Res Republica, Heinrich Boell Foundation and the United Nations Economic Commission for Africa (UNECA). His literally inexhaustible international honours span Ashoka Fellowship, Cordes Fellowship, Santa Clara University Fellowship, Crans Montana Forum of New Leaders for Tomorrow Fellowship, Archbishop Desmond Tutu fellowship and a host of others. His name? Gbenga Sesan, Nigerian, 35, the chief executive officer of Paradigm Initiative Nigeria!

South African Vuyo Jack is the chief executive officer of Empowerdex, an independent economic empowerment rating and research agency he founded with Taiwanese Chia-Chao Wu, in 2002 when he was still 26,and less than a year after he qualified as a chartered accountant. Now 35, Jack combines this Empowerdex position with a lecturing role at the University of Witwatersrand.


Tara Fela-Duroyoye graduated from the University of Lagos with a degree in Law. But she is better known in the make-up industry, where she has been a trailblazer, establishing Nigeria’s first ever make-up school in 2004. Tara, now 35, is the founder and current CEO of House of Tara International. Tara was awarded the Africa SMME Award in 2007 — the same year she won The Future Awards’ Young Person of The Year.

Her husband, Fela Durotoye was 31 when he founded V.I.P. Consulting Limited, which soon earned itself international repute, offering business consulting and human resources management services across the African continent, in the United States, and in the United Kingdom. Fela is also the founder of GEMSTONE, a youth group he insists would grow up to actualise God’s plan — already foretold to him — of making Nigeria the most desirable place to live in by 31st December 2025.

Bode Adegboyega Pedro, son of erstwhile deputy governor of Lagos State, Femi Pedro, is the chief executive officer of VEDA Technology, set up to inspire advancement in computer technology on the continent. Bode, who began designing websites and assembling computers when he was 14, emerged, in 2009, the youngest recipient of the Young IT and Telecoms Entrepreneur of the Year award at the Nigeria Telecoms Awards.

Thirty-year-old engineer, Oyeleke Ajiboyeruns Efficacy Homes Ltd., a property construction and management company valued two years agoat about N600million.He holds a B.Sc. (Hons) degree in Electrical/Electronics Engineering from the University of Lagos; a Masters in Project Management from the Project Management College, Scotland; and an MBA from Lincoln University, Oakland, California, USA.

Karo Agono, 30, has been CEO of Tremor Perfect — a live sound reinforcement company providing equipment rental and audio management for mostly corporate organisations — for more than eight years running. Tremor is reputed to have worked on the international scene for companies and agencies such as US Consulate, Lafarge Wapco, Dutch Consulate, Nokia; and he is knownto have formidable business links in the presidency.

Born on January 15, 1974, John Bul Dau, a social entrepreneur and pro-South Sudan activist, endured the trauma of early-childhood separation from his family, after the Second Sudanese Civil War forced him to flee the north-eastern country, first to Ethiopia, then Kenya, before his eventual resettlement in the United States, alongside several thousand ‘Lost Boys of Sudan.’ Today, John heads the John Dau Foundation, which seeks to revamp healthcare in South Sudan. He was instrumental to the founding, in 2005, of the America Care for Sudan. Currently living in Syracuse, USA, he has received awards for his charitable works.

Monday, 7 July 2014

The Nigeria Entrepreneur Awards 2014


Nominations for the 2014 Edition of The Nigeria Entrepreneurs Award  have revved up with over 2,000 individuals and Corporate Organization jostling for the prestigious awards scheduled to hold  13th December 2014 at the Eko Hotels & Suits, Lagos.


The Nigeria Entrepreneurs Awards is an exclusive award that seeks to reward excellence among the most committed and dedicated businesses operating in Nigeria.

It focuses on recognizing outstanding corporate organizations and individual who have positively impacted the economy of our country Nigeria

Its the Premiere National gathering of Business Leaders/ Entrepreneur in Nigeria


A statement issued by MrUwabor Joshua, the coordinating director of the Award, said this year’s Award is designed to reward excellence service delivery  and create the consciousness among CEO's in Nigeria.


The idea behind the awards is to imbibe a culture of excellence in young and emerging business leaders and showcase thriving businesses in the Nigeria economy that will serve as model businesses for others to emulate.
We aim to showcase model businesses that have redefined how business is done in the Nigeria economy.



He said the  judging process for The Nigeria Entrepreneur Awards is robust.
It was driven by intensive research to identify worthy nominees who have shown outstanding corporate behavior i.e. delivered immense value to its customers, shareholders and benefited the society in the course of the year. After this initial shortlist, each nominee will be assessed and scored by a Panel of experts who will determine the winner in each category.



He further said, judging panel comprising of about 20 business professionals and consultants will decide who the country’s most outstanding companies and individuals are.


Winners will be honoured at the Award dinner, a night of fun, relaxation, networking and rejuvenation.


There are no entry fees for the award or participation fees for the award night, recipient are advice to book for their tables.