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  •   Africa Oil Week AOW www Africa OilWeek com is proud to announce that Tullow Oil is the Silver Sponsor of Africa Oil Week The independent oil and gas exploration and production group will be represented at AOW which takes place in the heart of Cape Town Organized by Hyve Group Plc this unmissable event will bring together key energy stakeholders from 3 7 October in Cape Town under the theme Sustainable Growth in a Low Carbon World Tullow Oil which has interests in more than 30 exploration and production licenses in eight countries has committed to becoming Net Zero in its Scope 1 and 2 emissions by 2030 We are also pleased to announce that Tullow Oil CEO Rahul Dhir will speak at AOW in the plenary theater His talk is titled Looking Ahead Operating Successfully in East and West Africa in the 2020s Cynthia Lumor Deputy General Manager of Tullow Oil and Ramy Lofty Commercial Director will also speak at Africa Oil Week We are pleased to welcome Tullow Oil as a Silver Sponsor of AOW 2022 and thank them for their support said Paul Sinclair vice president of energy and director of government relations for Africa Oil Week Tullow Oil is a long standing sponsor of the African Oil Week and we warmly welcome them back to AOW this year the home of the African upstream Its focus on Africa coupled with a clear purpose to build a better future through responsible oil and gas development shows its commitment to responsible global energy security We wholeheartedly welcome Tullow Oil to AOW 2022 Only at Africa Oil Week home of African Upstream can you take advantage of new business opportunities witness hard hitting discussions and connect with industry peers Register for the event that helps drive sustainable growth in Africa s upstream Secure your spot today www Africa OilWeek com For more information about Tullow Oil visit Tullow Oil plc LSE TLW www TullowOil com
    Tullow Oil Silver Sponsor of Africa Oil Week
      Africa Oil Week AOW www Africa OilWeek com is proud to announce that Tullow Oil is the Silver Sponsor of Africa Oil Week The independent oil and gas exploration and production group will be represented at AOW which takes place in the heart of Cape Town Organized by Hyve Group Plc this unmissable event will bring together key energy stakeholders from 3 7 October in Cape Town under the theme Sustainable Growth in a Low Carbon World Tullow Oil which has interests in more than 30 exploration and production licenses in eight countries has committed to becoming Net Zero in its Scope 1 and 2 emissions by 2030 We are also pleased to announce that Tullow Oil CEO Rahul Dhir will speak at AOW in the plenary theater His talk is titled Looking Ahead Operating Successfully in East and West Africa in the 2020s Cynthia Lumor Deputy General Manager of Tullow Oil and Ramy Lofty Commercial Director will also speak at Africa Oil Week We are pleased to welcome Tullow Oil as a Silver Sponsor of AOW 2022 and thank them for their support said Paul Sinclair vice president of energy and director of government relations for Africa Oil Week Tullow Oil is a long standing sponsor of the African Oil Week and we warmly welcome them back to AOW this year the home of the African upstream Its focus on Africa coupled with a clear purpose to build a better future through responsible oil and gas development shows its commitment to responsible global energy security We wholeheartedly welcome Tullow Oil to AOW 2022 Only at Africa Oil Week home of African Upstream can you take advantage of new business opportunities witness hard hitting discussions and connect with industry peers Register for the event that helps drive sustainable growth in Africa s upstream Secure your spot today www Africa OilWeek com For more information about Tullow Oil visit Tullow Oil plc LSE TLW www TullowOil com
    Tullow Oil Silver Sponsor of Africa Oil Week
    Africa3 weeks ago

    Tullow Oil Silver Sponsor of Africa Oil Week

    Africa Oil Week (AOW) (www.Africa-OilWeek.com) is proud to announce that Tullow Oil is the Silver Sponsor of Africa Oil Week. The independent oil and gas exploration and production group will be represented at AOW, which takes place in the heart of Cape Town. Organized by Hyve Group Plc., this unmissable event will bring together key energy stakeholders from 3-7 October in Cape Town under the theme: Sustainable Growth in a Low Carbon World.

    Tullow Oil, which has interests in more than 30 exploration and production licenses in eight countries, has committed to becoming Net Zero in its Scope 1 and 2 emissions by 2030.

    We are also pleased to announce that Tullow Oil CEO Rahul Dhir will speak at AOW in the plenary theater.

    His talk is titled "Looking Ahead: Operating Successfully in East and West Africa in the 2020s."

    Cynthia Lumor, Deputy General Manager of Tullow Oil, and Ramy Lofty, Commercial Director, will also speak at Africa Oil Week. “We are pleased to welcome Tullow Oil as a Silver Sponsor of AOW 2022 and thank them for their support,” said Paul Sinclair, vice president of energy and director of government relations for Africa Oil Week. “Tullow Oil is a long-standing sponsor of the African Oil Week, and we warmly welcome them back to AOW this year, the home of the African upstream.

    Its focus on Africa, coupled with a clear purpose to build a better future through responsible oil and gas development, shows its commitment to responsible global energy security.

    We wholeheartedly welcome Tullow Oil to AOW 2022.” Only at Africa Oil Week, home of African Upstream, can you take advantage of new business opportunities, witness hard-hitting discussions and connect with industry peers.

    Register for the event that helps drive sustainable growth in Africa's upstream.

    Secure your spot today (www.Africa-OilWeek.com).

    For more information about Tullow Oil, visit Tullow Oil plc (LSE:TLW) (www.TullowOil.com).

  •  London Stock Exchange Group Plc on Friday announced a share repurchase programme with a total value of up to 750 million euros 912 million dollars to reduce the company s share capital The move was intended for voting ordinary shares of 6 79 6 86 pence each the company said in a statement The drive was expected to be completed over a period of up to one year in multiple tranches with the launch of the first tranche on Friday For the first tranche expected to be completed by Dec 5 LSE had instructed Goldman Sachs to purchase the shares with a value of up to 250 million euros The company intended to enter into similar arrangements with Morgan Stanley and Citigroup with respect to the upcoming tranches of the buy back The repurchase was being funded mainly by the proceeds of the divestment of the BETA business NewsSourceCredit NAN
    London Stock Exchange announces £750m share buyback drive
     London Stock Exchange Group Plc on Friday announced a share repurchase programme with a total value of up to 750 million euros 912 million dollars to reduce the company s share capital The move was intended for voting ordinary shares of 6 79 6 86 pence each the company said in a statement The drive was expected to be completed over a period of up to one year in multiple tranches with the launch of the first tranche on Friday For the first tranche expected to be completed by Dec 5 LSE had instructed Goldman Sachs to purchase the shares with a value of up to 250 million euros The company intended to enter into similar arrangements with Morgan Stanley and Citigroup with respect to the upcoming tranches of the buy back The repurchase was being funded mainly by the proceeds of the divestment of the BETA business NewsSourceCredit NAN
    London Stock Exchange announces £750m share buyback drive
    Foreign2 months ago

    London Stock Exchange announces £750m share buyback drive

    London Stock Exchange Group Plc on Friday,  announced a share repurchase programme with a total value of up to 750 million euros (912 million dollars) to reduce the company’s share capital.

    The move was intended for voting ordinary shares of 6.79-6.86 pence each, the company said in a statement.

    The drive was expected to be completed over a period of up to one year in multiple tranches, with the launch of the first tranche on Friday.

    For the first tranche, expected to be completed by Dec. 5, LSE had instructed Goldman Sachs to purchase the shares with a value of up to 250 million euros.

    The company intended to enter into similar arrangements with Morgan Stanley and Citigroup with respect to the upcoming tranches of the buy-back.

    The repurchase was being funded mainly by the proceeds of the divestment of the BETA business.

    (
    NewsSourceCredit: NAN

  •  Boris Johnson resigned as leader of Britain s Conservative Party on Thursday sparking a race to succeed him as prime minister after a frantic 48 hours in which dozens of people walked out of his scandal battered government Johnson acknowledged that it was clearly the will of the parliamentary Conservative party that there should be a new leader of that party and therefore a new prime minister In a speech outside 10 Downing Street he said he would stay in office until his successor is found but faced calls to leave immediately and for an interim leader to be appointed Conservative John Major who was prime minister from 1990 to 1997 said Johnson s extended tenure and the powers that still accompany it were reckless and may be unsustainable The leadership election will take place in the coming months The winner will replace Johnson at the party s annual conference in early October But polls have suggested a majority of Britons are in favor of his immediate departure amid claims Johnson only hopes to enjoy a wedding party at his government funded country retreat Johnson s tumultuous three years in office were defined by Brexit the Covid pandemic and ongoing controversy over his reputation as a liar Best job He said he was sad to give up the best job in the world justifying his fight to stay to fulfill the mandate he won in a Brexit dominated general election in December 2019 In the six minute speech watched by his few remaining Conservative allies and his wife Carrie he pledged support for Ukraine for as long as it takes Johnson reiterated his support in a subsequent call to President Volodymyr Zelensky Downing Street said Zelensky said he and Ukraine would be sad to see him go praising his personal leadership and charisma Defense Minister Ben Wallace and Rishi Sunak whose departure as finance minister on Tuesday led to an exodus from the cabinet were among the frontrunners a YouGov poll of Conservative members suggested Foreign Secretary Liz Truss another potential candidate said Johnson had made the right decision by cutting short a trip to Indonesia for a G20 meeting We need calm and unity now and continue to govern while a new leader is found he tweeted Contenders Even as he watched the exit Johnson sought to steady the ship making several appointments to replace departed Cabinet members Among them was Greg Clark an archenemy who opposes Britain s divorce from the European Union which Johnson had championed The inexperienced Shailesh Vara has been put in charge of Northern Ireland with the government locked in a battle with Brussels over post Brexit trade rules for the tense territory Summoning the new cabinet after his resignation speech Johnson confirmed his lame duck status by saying major fiscal decisions should be left to the next prime minister according to Downing Street As of Wednesday night Johnson was defiantly clinging to power despite a wave of more than 50 government resignations He sacked minister Michael Gove and a Downing Street source described Johnson s former Brexit right hand man as a snake in the media But the departure Thursday morning of Education Minister Michelle Donelan and the call for the resignation of Finance Minister Nadhim Zahawi who has only been in office for two days tipped the scales Arrogant and delusional Conservative parliamentarians also warned him of a new motion of censure Johnson triumphed in 2019 on a promise to end Brexit after Britain s surprise referendum decision three years earlier But for many the populist leader who defies convention had overstayed his welcome The Conservative infighting erupted at a time when millions of Britons are grappling with the worst drop in living standards since the 1950s fueled by soaring energy prices in the wake of the war in Ukraine Johnson s popularity had already plummeted for a series of lockdown break parties in Downing Street at which he became the first prime minister to receive a police ticket It s about time right Seriously I mean have you ever met someone so arrogant ignorant delusional Helen Dewdney 53 who works in consumer rights told AFP While Johnson oversaw a successful coronavirus vaccine campaign the former journalist also oversaw one of Europe s worst death tolls nearly dying of Covid himself in April 2020 Boris Johnson s legacy is the deaths of almost 200 000 Britons under his rule said Lobby Akinnola of the campaign group Covid 19 Bereaved Families for Justice After dinner speeches While Johnson will go on to a life of writing newspaper columns and charging eye watering amounts to give after dinner speeches families like mine who have been torn apart by his actions he said Sunak and Health Secretary Sajid Javid resigned on Tuesday night after Johnson apologized for his appointment in February of a senior Conservative MP to a prominent role in parliament Chris Pincher resigned as deputy whip chief last week following allegations that he groped two men while intoxicated Downing Street officials eventually admitted that Johnson knew of other allegations against Pincher in 2019 with many ministers backing down on having to defend the appointment Tony Travers director of the LSE London think tank said the party had once again shown its propensity to turn against unpopular leaders after earlier getting rid of Prime Ministers Margaret Thatcher and Theresa May The truth is that the reason the Conservative Party is so enduring is that it gets rid of its leaders when it thinks they are hurting the party he told AFP And this allows the party to start over with a new leader and say Look we re a completely different company
    UK PM Johnson quits after cabinet bloodbath
     Boris Johnson resigned as leader of Britain s Conservative Party on Thursday sparking a race to succeed him as prime minister after a frantic 48 hours in which dozens of people walked out of his scandal battered government Johnson acknowledged that it was clearly the will of the parliamentary Conservative party that there should be a new leader of that party and therefore a new prime minister In a speech outside 10 Downing Street he said he would stay in office until his successor is found but faced calls to leave immediately and for an interim leader to be appointed Conservative John Major who was prime minister from 1990 to 1997 said Johnson s extended tenure and the powers that still accompany it were reckless and may be unsustainable The leadership election will take place in the coming months The winner will replace Johnson at the party s annual conference in early October But polls have suggested a majority of Britons are in favor of his immediate departure amid claims Johnson only hopes to enjoy a wedding party at his government funded country retreat Johnson s tumultuous three years in office were defined by Brexit the Covid pandemic and ongoing controversy over his reputation as a liar Best job He said he was sad to give up the best job in the world justifying his fight to stay to fulfill the mandate he won in a Brexit dominated general election in December 2019 In the six minute speech watched by his few remaining Conservative allies and his wife Carrie he pledged support for Ukraine for as long as it takes Johnson reiterated his support in a subsequent call to President Volodymyr Zelensky Downing Street said Zelensky said he and Ukraine would be sad to see him go praising his personal leadership and charisma Defense Minister Ben Wallace and Rishi Sunak whose departure as finance minister on Tuesday led to an exodus from the cabinet were among the frontrunners a YouGov poll of Conservative members suggested Foreign Secretary Liz Truss another potential candidate said Johnson had made the right decision by cutting short a trip to Indonesia for a G20 meeting We need calm and unity now and continue to govern while a new leader is found he tweeted Contenders Even as he watched the exit Johnson sought to steady the ship making several appointments to replace departed Cabinet members Among them was Greg Clark an archenemy who opposes Britain s divorce from the European Union which Johnson had championed The inexperienced Shailesh Vara has been put in charge of Northern Ireland with the government locked in a battle with Brussels over post Brexit trade rules for the tense territory Summoning the new cabinet after his resignation speech Johnson confirmed his lame duck status by saying major fiscal decisions should be left to the next prime minister according to Downing Street As of Wednesday night Johnson was defiantly clinging to power despite a wave of more than 50 government resignations He sacked minister Michael Gove and a Downing Street source described Johnson s former Brexit right hand man as a snake in the media But the departure Thursday morning of Education Minister Michelle Donelan and the call for the resignation of Finance Minister Nadhim Zahawi who has only been in office for two days tipped the scales Arrogant and delusional Conservative parliamentarians also warned him of a new motion of censure Johnson triumphed in 2019 on a promise to end Brexit after Britain s surprise referendum decision three years earlier But for many the populist leader who defies convention had overstayed his welcome The Conservative infighting erupted at a time when millions of Britons are grappling with the worst drop in living standards since the 1950s fueled by soaring energy prices in the wake of the war in Ukraine Johnson s popularity had already plummeted for a series of lockdown break parties in Downing Street at which he became the first prime minister to receive a police ticket It s about time right Seriously I mean have you ever met someone so arrogant ignorant delusional Helen Dewdney 53 who works in consumer rights told AFP While Johnson oversaw a successful coronavirus vaccine campaign the former journalist also oversaw one of Europe s worst death tolls nearly dying of Covid himself in April 2020 Boris Johnson s legacy is the deaths of almost 200 000 Britons under his rule said Lobby Akinnola of the campaign group Covid 19 Bereaved Families for Justice After dinner speeches While Johnson will go on to a life of writing newspaper columns and charging eye watering amounts to give after dinner speeches families like mine who have been torn apart by his actions he said Sunak and Health Secretary Sajid Javid resigned on Tuesday night after Johnson apologized for his appointment in February of a senior Conservative MP to a prominent role in parliament Chris Pincher resigned as deputy whip chief last week following allegations that he groped two men while intoxicated Downing Street officials eventually admitted that Johnson knew of other allegations against Pincher in 2019 with many ministers backing down on having to defend the appointment Tony Travers director of the LSE London think tank said the party had once again shown its propensity to turn against unpopular leaders after earlier getting rid of Prime Ministers Margaret Thatcher and Theresa May The truth is that the reason the Conservative Party is so enduring is that it gets rid of its leaders when it thinks they are hurting the party he told AFP And this allows the party to start over with a new leader and say Look we re a completely different company
    UK PM Johnson quits after cabinet bloodbath
    Foreign3 months ago

    UK PM Johnson quits after cabinet bloodbath

    Boris Johnson resigned as leader of Britain's Conservative Party on Thursday, sparking a race to succeed him as prime minister after a frantic 48 hours in which dozens of people walked out of his scandal-battered government.

    Johnson acknowledged that it was "clearly the will of the parliamentary Conservative party that there should be a new leader of that party and therefore a new prime minister".

    In a speech outside 10 Downing Street, he said he would stay in office until his successor is found, but faced calls to leave immediately and for an interim leader to be appointed.

    Conservative John Major, who was prime minister from 1990 to 1997, said Johnson's extended tenure, and the powers that still accompany it, were "reckless and may be unsustainable".

    The leadership election will take place in the coming months. The winner will replace Johnson at the party's annual conference in early October.

    But polls have suggested a majority of Britons are in favor of his immediate departure, amid claims Johnson only hopes to enjoy a wedding party at his government-funded country retreat.

    Johnson's tumultuous three years in office were defined by Brexit, the Covid pandemic and ongoing controversy over his reputation as a liar.

    – 'Best job' – He said he was “sad… to give up the best job in the world”, justifying his fight to stay to fulfill the mandate he won in a Brexit-dominated general election in December 2019.

    In the six-minute speech, watched by his few remaining Conservative allies and his wife Carrie, he pledged support for Ukraine "for as long as it takes."

    Johnson reiterated his support in a subsequent call to President Volodymyr Zelensky, Downing Street said.

    Zelensky said he and Ukraine would be sad to see him go, praising his "personal leadership" and "charisma."

    Defense Minister Ben Wallace and Rishi Sunak, whose departure as finance minister on Tuesday led to an exodus from the cabinet, were among the frontrunners, a YouGov poll of Conservative members suggested.

    Foreign Secretary Liz Truss, another potential candidate, said Johnson had "made the right decision" by cutting short a trip to Indonesia for a G20 meeting.

    "We need calm and unity now and continue to govern while a new leader is found," he tweeted.

    – Contenders: Even as he watched the exit, Johnson sought to steady the ship, making several appointments to replace departed Cabinet members.

    Among them was Greg Clark, an archenemy who opposes Britain's divorce from the European Union, which Johnson had championed.

    The inexperienced Shailesh Vara has been put in charge of Northern Ireland, with the government locked in a battle with Brussels over post-Brexit trade rules for the tense territory.

    Summoning the new cabinet after his resignation speech, Johnson confirmed his lame duck status by saying "major fiscal decisions should be left to the next prime minister," according to Downing Street.

    As of Wednesday night, Johnson was defiantly clinging to power despite a wave of more than 50 government resignations.

    He sacked minister Michael Gove, and a Downing Street source described Johnson's former Brexit right-hand man as a "snake" in the media.

    But the departure Thursday morning of Education Minister Michelle Donelan and the call for the resignation of Finance Minister Nadhim Zahawi, who has only been in office for two days, tipped the scales.

    – 'Arrogant and delusional' – Conservative parliamentarians also warned him of a new motion of censure.

    Johnson triumphed in 2019 on a promise to "end Brexit" after Britain's surprise referendum decision three years earlier. But for many, the populist leader who defies convention had overstayed his welcome.

    The Conservative infighting erupted at a time when millions of Britons are grappling with the worst drop in living standards since the 1950s, fueled by soaring energy prices in the wake of the war in Ukraine.

    Johnson's popularity had already plummeted for a series of lockdown break parties in Downing Street, at which he became the first prime minister to receive a police ticket.

    It's about time, right? Seriously, I mean, have you ever met someone so arrogant, ignorant, delusional? Helen Dewdney, 53, who works in consumer rights, told AFP.

    While Johnson oversaw a successful coronavirus vaccine campaign, the former journalist also oversaw one of Europe's worst death tolls, nearly dying of Covid himself in April 2020.

    "Boris Johnson's legacy is the deaths of almost 200,000 Britons under his rule," said Lobby Akinnola of the campaign group Covid-19 Bereaved Families for Justice.

    – After-dinner speeches – “While Johnson will go on to a life of writing newspaper columns and charging eye-watering amounts to give after-dinner speeches, families like mine who have been torn apart by his actions,” he said.

    Sunak and Health Secretary Sajid Javid resigned on Tuesday night after Johnson apologized for his appointment in February of a senior Conservative MP to a prominent role in parliament.

    Chris Pincher resigned as deputy whip chief last week following allegations that he groped two men while intoxicated.

    Downing Street officials eventually admitted that Johnson knew of other allegations against Pincher in 2019, with many ministers backing down on having to defend the appointment.

    Tony Travers, director of the LSE London think tank, said the party had once again shown its propensity to turn against unpopular leaders after earlier getting rid of Prime Ministers Margaret Thatcher and Theresa May.

    "The truth is that the reason the Conservative Party is so enduring is that it gets rid of its leaders when it thinks they are hurting the party," he told AFP.

    "And this allows the party to start over with a new leader and say, 'Look, we're a completely different company.'"

  •  On Thursday 2 December The UK s Deputy High Commissioner in Lagos Ben Llewellyn Jones hosted an event at Residence to launch the London School of Economics LSE Generate Nigeria Entrepreneurship Hub in Lagos The new LSE Generate entrepreneurship hub which officially opens in February 2022 will consist of a physical co working and residential space Through this Hub LSE Generate will support students and alumni launch socially responsible businesses LSE s pool of mentors sector experts and international innovation network will also help the Hub provide invaluable support to students and alumni developing entrepreneurial ventures By establishing this new LSE Generate hub in Lagos Nigeria the home of entrepreneurship at the LSE will be building on recent international successes which include the establishment of three award winning accelerator programmes and launch of eight new international entrepreneurship hubs in places like San Francisco Lisbon and Dubai Given the already large cohort of LSE alumni in Nigeria Lagos became the obvious choice to establish what will be the first LSE Generate Entrepreneurship Hub in Africa under LSE Generate s Value Innovators Programme Talking about the launch of the hub Baroness Minouche Shafik Director of the London School of Economics said Our focus here as with our growing network of LSE Generate hubs across the world is on supporting socially responsible business start ups and exploring how the social sciences can enhance the innovation ecosystem The Hub when open will provide an LSE Generate Corporate Entrepreneurship Certification a 5 day residential intensive programme which offers senior business leaders across Nigeria an opportunity to advance their skills in entrepreneurial thinking innovation and business through LSE Generate s world class network of global educators and practitioners a business incubator programme for Godfrey Okoye University start ups powered through a grant from the British Council Additionally the hub will provide bespoke programmes of entrepreneurial initiatives that are tailored to serve local needs through event series business skills clinics mentoring female founder retreats and much more designed to equip entrepreneurs with the skills and knowledge to build and scale impactful businesses for the betterment of society British High Commissioner to Nigeria Catriona Laing CB who is an alumna of the London School of Economics while expressing her delight on the launch of the hub in Lagos said We welcome such a prominent UK institution setting up a hub in Nigeria and tapping on its alumni I am delighted that the Hub is focussing on support for socially responsible business start ups by promoting entrepreneurship and supporting innovation and technology which is essential for Nigeria s economic growth and prosperity
    UK University Entrepreneurship Hub launched in Lagos
     On Thursday 2 December The UK s Deputy High Commissioner in Lagos Ben Llewellyn Jones hosted an event at Residence to launch the London School of Economics LSE Generate Nigeria Entrepreneurship Hub in Lagos The new LSE Generate entrepreneurship hub which officially opens in February 2022 will consist of a physical co working and residential space Through this Hub LSE Generate will support students and alumni launch socially responsible businesses LSE s pool of mentors sector experts and international innovation network will also help the Hub provide invaluable support to students and alumni developing entrepreneurial ventures By establishing this new LSE Generate hub in Lagos Nigeria the home of entrepreneurship at the LSE will be building on recent international successes which include the establishment of three award winning accelerator programmes and launch of eight new international entrepreneurship hubs in places like San Francisco Lisbon and Dubai Given the already large cohort of LSE alumni in Nigeria Lagos became the obvious choice to establish what will be the first LSE Generate Entrepreneurship Hub in Africa under LSE Generate s Value Innovators Programme Talking about the launch of the hub Baroness Minouche Shafik Director of the London School of Economics said Our focus here as with our growing network of LSE Generate hubs across the world is on supporting socially responsible business start ups and exploring how the social sciences can enhance the innovation ecosystem The Hub when open will provide an LSE Generate Corporate Entrepreneurship Certification a 5 day residential intensive programme which offers senior business leaders across Nigeria an opportunity to advance their skills in entrepreneurial thinking innovation and business through LSE Generate s world class network of global educators and practitioners a business incubator programme for Godfrey Okoye University start ups powered through a grant from the British Council Additionally the hub will provide bespoke programmes of entrepreneurial initiatives that are tailored to serve local needs through event series business skills clinics mentoring female founder retreats and much more designed to equip entrepreneurs with the skills and knowledge to build and scale impactful businesses for the betterment of society British High Commissioner to Nigeria Catriona Laing CB who is an alumna of the London School of Economics while expressing her delight on the launch of the hub in Lagos said We welcome such a prominent UK institution setting up a hub in Nigeria and tapping on its alumni I am delighted that the Hub is focussing on support for socially responsible business start ups by promoting entrepreneurship and supporting innovation and technology which is essential for Nigeria s economic growth and prosperity
    UK University Entrepreneurship Hub launched in Lagos
    Education10 months ago

    UK University Entrepreneurship Hub launched in Lagos

    On Thursday, 2 December, The UK’s Deputy High Commissioner in Lagos, Ben Llewellyn-Jones, hosted an event at Residence to launch the London School of Economics’ (LSE) Generate Nigeria Entrepreneurship Hub in Lagos.

    The new LSE Generate entrepreneurship hub, which officially opens in February 2022, will consist of a physical co-working and residential space.  Through this Hub, LSE Generate will support students and alumni launch socially responsible businesses. LSE’s pool of mentors, sector experts, and international innovation network will also help the Hub provide invaluable support to students and alumni developing entrepreneurial ventures.

    By establishing this new LSE Generate hub in Lagos, Nigeria, the home of entrepreneurship at the LSE will be building on recent international successes which include the establishment of three award-winning accelerator programmes and launch of eight new international entrepreneurship hubs in places like San Francisco, Lisbon and Dubai.

    Given the already large cohort of LSE alumni in Nigeria, Lagos became the obvious choice to establish what will be the first LSE Generate Entrepreneurship Hub in Africa under LSE Generate’s ‘Value Innovators Programme’.

    Talking about the launch of the hub, Baroness Minouche Shafik, Director of the London School of Economics said: “Our focus here, as with our growing network of LSE Generate hubs across the world, is on supporting socially responsible business start-ups and exploring how the social sciences can enhance the innovation ecosystem.”

    The Hub, when open, will provide:

    • an LSE Generate Corporate Entrepreneurship Certification
    • a 5-day residential intensive programme which offers senior business leaders across Nigeria an opportunity to advance their skills in entrepreneurial thinking, innovation and business through LSE Generate’s world class network of global educators and practitioners.
    • a business incubator programme for Godfrey Okoye University start-ups powered through a grant from the British Council

    Additionally, the hub will provide bespoke programmes of entrepreneurial initiatives that are tailored to serve local needs through event series, business skills clinics, mentoring, female founder retreats and much more, designed to equip entrepreneurs with the skills and knowledge to build and scale impactful businesses for the betterment of society.

    British High Commissioner to Nigeria, Catriona Laing CB, who is an alumna of the London School of Economics, while expressing her delight on the launch of the hub in Lagos, said: “We welcome such a prominent UK institution setting up a hub in Nigeria and tapping on its alumni.  I am delighted that the Hub is focussing on support for socially responsible business start-ups by promoting entrepreneurship and supporting innovation and technology which is essential for Nigeria’s economic growth and prosperity”

  •   The industry will not realize its potential until it responds to the needs of the continent s women the greatest untapped asset for Africa s future AMSTERDAM The Netherlands November 9 2021 APO Group The momentum and capital of a technological revolution in Africa Investors at the 8th Early Stage Africa Investor Summit celebrated record deals on the continent exceeding the 3 billion invested in 2021 in African startups On November 3 4 and 5 VC4A vc4a com and ABAN ABANangels org hosted the 8th edition of the Africa Early Stage Investor Summit AESIS2021 www africainvestorsummit com online and completed by Person Investor Meetups hosted in 13 cities around the world The event hosted more than 2 000 delegates from 75 countries around the world the largest gathering to date with more than 600 angel investors and VC startups connecting to the annual summit to take stock of the progress of the event industry and chart the way forward AESIS 2021 was fueled by record deals and start up activity on the continent The number of startups getting funding in Africa exceeds startup funding globally From 2015 to 2020 the number of African tech startups receiving financial support grew by 46 per year six times faster than the global average and marks a new period of growth for technology investment in Africa See the presentation of the research https bit ly 3qj50DK in the game VC of Max Cuvellier d Afrique The Big Deal David S Rose renowned entrepreneur and angel investor explained in his speech https bit ly 3wsWXVU The industry is driven by a young and growing population who are tech savvy and eager to start a company The African population is increasingly connected and eager to consume digital solutions These trends fuel a growing interest in the continent and ensure continued investment and support for African entrepreneurs The investment opportunity was unpacked by industry leaders such as Lexi Novitske Managing Partner at Acuity Venture Partners Tidjane Deme Managing Partner at Partech Pardon Makumbe Co Founder and Managing Partner at CRE Venture Capital and Aniko Szigetvari founding partner at Atlantica Ventures watch the panel https bit ly 3ERaJ7Q The extensive program was complemented by a series of Masterclasses reserved for investors and DFI Speed Dating a learning track made possible by the UK South Africa Tech Hub Preparing Startup Investments for Series A by Khaled Ismail HIMangel see Masterclass https bit ly 3qmpPy1 Successfully Investing as an Angel by Idris Ayodeji Bello Afropreneur Founding Partner at LoftyInc Capital Management see Masterclass https bit ly 3bTmUV8 Exit and IPO Preparation by Ope Reju Sule LSE AIM Team see Masterclass https bit ly 3mVDNVA Succeed in VC as a GP focused on Africa Eghosa Omoigui General Partner at EchoVC see Masterclass https bit ly 3bW02Ez At the same time AESIS2021 showcased many unique initiatives aimed at unlocking the necessary capital for businesses in the early stages of their development starting with the launch of Catalytic Africa the African Startup Matching Fund a co creation of ABAN and AfriLabs with the support of the French Development Agency AFD and Digital Africa Thanks to Catalytic Africa angel investors and angel investor networks registered with ABAN will be able to double or triple their investments in African startups registered with hubs approved by AfriLabs see announcements https bit ly 3bTnwdo Additionally new funds were announced by LoftyInc and Cairo Angels watch announcements https bit ly 3bTnwdo fireside talks explored the future of investor unions like the Future Africa Collective watch Fireside Chat https bit ly 3mYx2lI and new investment plans and views have been shared by some of the continent s most prolific investors such as Kepple Ventures 500 Global Launch Africa Flat6Labs view panel https bit ly 3bSlOZX and the Naspers Foundry watch the cat by the fireside https bit ly 3mYx2lI Improving investor support and access to capital for women was also a priority Tokunboh Ismael co founder of Alithea Capital and president of the African Venture Capital Association AVCA made it clear in her speech https bit ly 3BUqr09 that the industry would not realize its potential until that it would not meet the needs of the continent s women the greatest untapped asset for Africa s future His call to action was reflected in several initiatives including Dazzle Angels Rising Tide Africa and ShEquity sharing important updates and providing an updated roadmap on how the industry is working to address the issue watch the panel https bit ly 3bSlOZX Over 80 leading African investors addressed audience AESIS2021 during the three day event As organizers we are extremely grateful to the UK South Africa Tech Hub for sponsoring the Learning Track and Masterclass Series for Investors We also thank GIZ as a general partner of the summit and helping to make AESIS2021 a free event The program and meetings would not have been possible without the partnership and support of the Work in Progress program and Naspers to whom we sincerely thank Mathew Marsden co founder of GetLion concluded The event brought together leading minds in African investment and in summary the future is bright The appetite for investing is growing more angel funds and syndicates are emerging a wide range of ecosystems are thriving and more exits are expected The message for investors come in or get left behind Join the investor community to relive AESIS2021 network with other investors and discover the most invested companies as part of the Venture Showcase Seed Cohort https bit ly 3mYxKPU and Series A https bit ly 3H5YaYd at www AfricaInvestorSummit com
    Largest gathering of investors meets at 8th Africa summit of early stage investors, momentum and capital behind technological revolution in Africa
      The industry will not realize its potential until it responds to the needs of the continent s women the greatest untapped asset for Africa s future AMSTERDAM The Netherlands November 9 2021 APO Group The momentum and capital of a technological revolution in Africa Investors at the 8th Early Stage Africa Investor Summit celebrated record deals on the continent exceeding the 3 billion invested in 2021 in African startups On November 3 4 and 5 VC4A vc4a com and ABAN ABANangels org hosted the 8th edition of the Africa Early Stage Investor Summit AESIS2021 www africainvestorsummit com online and completed by Person Investor Meetups hosted in 13 cities around the world The event hosted more than 2 000 delegates from 75 countries around the world the largest gathering to date with more than 600 angel investors and VC startups connecting to the annual summit to take stock of the progress of the event industry and chart the way forward AESIS 2021 was fueled by record deals and start up activity on the continent The number of startups getting funding in Africa exceeds startup funding globally From 2015 to 2020 the number of African tech startups receiving financial support grew by 46 per year six times faster than the global average and marks a new period of growth for technology investment in Africa See the presentation of the research https bit ly 3qj50DK in the game VC of Max Cuvellier d Afrique The Big Deal David S Rose renowned entrepreneur and angel investor explained in his speech https bit ly 3wsWXVU The industry is driven by a young and growing population who are tech savvy and eager to start a company The African population is increasingly connected and eager to consume digital solutions These trends fuel a growing interest in the continent and ensure continued investment and support for African entrepreneurs The investment opportunity was unpacked by industry leaders such as Lexi Novitske Managing Partner at Acuity Venture Partners Tidjane Deme Managing Partner at Partech Pardon Makumbe Co Founder and Managing Partner at CRE Venture Capital and Aniko Szigetvari founding partner at Atlantica Ventures watch the panel https bit ly 3ERaJ7Q The extensive program was complemented by a series of Masterclasses reserved for investors and DFI Speed Dating a learning track made possible by the UK South Africa Tech Hub Preparing Startup Investments for Series A by Khaled Ismail HIMangel see Masterclass https bit ly 3qmpPy1 Successfully Investing as an Angel by Idris Ayodeji Bello Afropreneur Founding Partner at LoftyInc Capital Management see Masterclass https bit ly 3bTmUV8 Exit and IPO Preparation by Ope Reju Sule LSE AIM Team see Masterclass https bit ly 3mVDNVA Succeed in VC as a GP focused on Africa Eghosa Omoigui General Partner at EchoVC see Masterclass https bit ly 3bW02Ez At the same time AESIS2021 showcased many unique initiatives aimed at unlocking the necessary capital for businesses in the early stages of their development starting with the launch of Catalytic Africa the African Startup Matching Fund a co creation of ABAN and AfriLabs with the support of the French Development Agency AFD and Digital Africa Thanks to Catalytic Africa angel investors and angel investor networks registered with ABAN will be able to double or triple their investments in African startups registered with hubs approved by AfriLabs see announcements https bit ly 3bTnwdo Additionally new funds were announced by LoftyInc and Cairo Angels watch announcements https bit ly 3bTnwdo fireside talks explored the future of investor unions like the Future Africa Collective watch Fireside Chat https bit ly 3mYx2lI and new investment plans and views have been shared by some of the continent s most prolific investors such as Kepple Ventures 500 Global Launch Africa Flat6Labs view panel https bit ly 3bSlOZX and the Naspers Foundry watch the cat by the fireside https bit ly 3mYx2lI Improving investor support and access to capital for women was also a priority Tokunboh Ismael co founder of Alithea Capital and president of the African Venture Capital Association AVCA made it clear in her speech https bit ly 3BUqr09 that the industry would not realize its potential until that it would not meet the needs of the continent s women the greatest untapped asset for Africa s future His call to action was reflected in several initiatives including Dazzle Angels Rising Tide Africa and ShEquity sharing important updates and providing an updated roadmap on how the industry is working to address the issue watch the panel https bit ly 3bSlOZX Over 80 leading African investors addressed audience AESIS2021 during the three day event As organizers we are extremely grateful to the UK South Africa Tech Hub for sponsoring the Learning Track and Masterclass Series for Investors We also thank GIZ as a general partner of the summit and helping to make AESIS2021 a free event The program and meetings would not have been possible without the partnership and support of the Work in Progress program and Naspers to whom we sincerely thank Mathew Marsden co founder of GetLion concluded The event brought together leading minds in African investment and in summary the future is bright The appetite for investing is growing more angel funds and syndicates are emerging a wide range of ecosystems are thriving and more exits are expected The message for investors come in or get left behind Join the investor community to relive AESIS2021 network with other investors and discover the most invested companies as part of the Venture Showcase Seed Cohort https bit ly 3mYxKPU and Series A https bit ly 3H5YaYd at www AfricaInvestorSummit com
    Largest gathering of investors meets at 8th Africa summit of early stage investors, momentum and capital behind technological revolution in Africa
    Africa11 months ago

    Largest gathering of investors meets at 8th Africa summit of early stage investors, momentum and capital behind technological revolution in Africa

    The industry will not realize its potential until it responds to the needs of the continent's women, the greatest untapped asset for Africa's future

    AMSTERDAM, The Netherlands, November 9, 2021 / APO Group / -

    The momentum and capital of a technological revolution in Africa. Investors at the 8th Early Stage Africa Investor Summit celebrated record deals on the continent exceeding the $ 3 billion invested in 2021 in African startups.

    On November 3, 4 and 5, VC4A (vc4a.com) and ABAN (ABANangels.org) hosted the 8th edition of the Africa Early Stage Investor Summit (# AESIS2021) (www.africainvestorsummit.com): online and completed by - Person Investor Meetups hosted in 13 cities around the world. The event hosted more than 2,000 delegates from 75 countries around the world, the largest gathering to date, with more than 600 angel investors and VC startups connecting to the annual summit to take stock of the progress of the event. industry and chart the way forward. .

    AESIS 2021 was fueled by record deals and start-up activity on the continent. The number of startups getting funding in Africa exceeds startup funding globally. From 2015 to 2020, the number of African tech startups receiving financial support grew by 46% per year, six times faster than the global average, and marks a new period of growth for technology investment in Africa. See the presentation of the research (https://bit.ly/3qj50DK) in the game VC of Max Cuvellier d'Afrique: The Big Deal.

    David S. Rose, renowned entrepreneur and angel investor, explained in his speech (https://bit.ly/3wsWXVU), “The industry is driven by a young and growing population who are tech-savvy and eager to start. a company . The African population is increasingly connected and eager to consume digital solutions. ' These trends fuel a growing interest in the continent and ensure continued investment and support for African entrepreneurs.

    The investment opportunity was unpacked by industry leaders such as Lexi Novitske, Managing Partner at Acuity Venture Partners, Tidjane Deme, Managing Partner at Partech, Pardon Makumbe, Co-Founder and Managing Partner at CRE Venture Capital, and Aniko Szigetvari, founding partner at Atlantica Ventures (watch the panel) (https://bit.ly/3ERaJ7Q). The extensive program was complemented by a series of Masterclasses reserved for investors and DFI Speed ​​Dating, a learning track made possible by the UK South Africa Tech Hub:

    Preparing Startup Investments for Series A - by Khaled Ismail, HIMangel (see Masterclass) (https://bit.ly/3qmpPy1) Successfully Investing as an Angel - by Idris Ayodeji Bello, Afropreneur & Founding Partner at LoftyInc Capital Management (see Masterclass) (https://bit.ly/3bTmUV8) Exit and IPO Preparation - by Ope (Reju) Sule, LSE AIM Team (see Masterclass) (https: // bit. ly / 3mVDNVA) Succeed in VC as a GP focused on Africa - Eghosa Omoigui, General Partner at EchoVC (see Masterclass) (https://bit.ly/3bW02Ez)

    At the same time, # AESIS2021 showcased many unique initiatives aimed at unlocking the necessary capital for businesses in the early stages of their development, starting with the launch of Catalytic Africa, the African Startup Matching Fund, a co-creation of ABAN and AfriLabs with the support of the French Development Agency (AFD) and Digital Africa. Thanks to Catalytic Africa, angel investors and angel investor networks registered with ABAN will be able to double or triple their investments in African startups registered with hubs approved by AfriLabs (see announcements) (https: // bit. ly / 3bTnwdo). Additionally, new funds were announced by LoftyInc and Cairo Angels (watch announcements) (https://bit.ly/3bTnwdo), fireside talks explored the future of investor unions like the Future Africa Collective (watch Fireside Chat) (https: // bit.ly/3mYx2lI), and new investment plans and views have been shared by some of the continent's most prolific investors such as Kepple Ventures, 500 Global, Launch Africa, Flat6Labs, (view panel) (https://bit.ly/3bSlOZX) and the Naspers Foundry (watch the cat by the fireside) (https://bit.ly/3mYx2lI).

    Improving investor support and access to capital for women was also a priority. Tokunboh Ismael, co-founder of Alithea Capital and president of the African Venture Capital Association (AVCA) made it clear in her speech (https://bit.ly/3BUqr09), that the industry would not realize its potential until that it would not meet the needs of the continent's women, the greatest untapped asset for Africa's future. His call to action was reflected in several initiatives including Dazzle Angels, Rising Tide Africa and ShEquity, sharing important updates and providing an updated roadmap on how the industry is working to address the issue. (watch the panel) (https://bit.ly / 3bSlOZX).

    Over 80+ leading African investors addressed audience # AESIS2021 during the three-day event. As organizers, we are extremely grateful to the UK South Africa Tech Hub for sponsoring the Learning Track and Masterclass Series for Investors. We also thank GIZ as a general partner of the summit and helping to make AESIS2021 a free event. The program and meetings would not have been possible without the partnership and support of the Work in Progress program and Naspers, to whom we sincerely thank.

    Mathew Marsden, co-founder of GetLion concluded: “The event brought together leading minds in African investment, and in summary, the future is bright. The appetite for investing is growing, more angel funds and syndicates are emerging, a wide range of ecosystems are thriving, and more “exits” are expected. The message for investors ... come in or get left behind!

    Join the investor community to relive # AESIS2021, network with other investors and discover the most invested companies as part of the Venture Showcase - Seed Cohort (https://bit.ly/3mYxKPU) and Series A (https : // bit. ly / 3H5YaYd) at www.AfricaInvestorSummit.com.

  •   The list has started a movement to give African women something bigger to aspire to running a large complex business not just SMEs as is often the goal of businesswomen JOHANNESBURG South Africa October 15 2021 APO Group At a major virtual summit with over 1 000 high profile attendees Africa com revealed the names of Africa s 50 most senior women at the company The definitive list of women CEOs of Africa com is distinguished by the fact that it is data driven The researchers began by working with data provided by Bloomberg and assessing the more than 1 400 companies listed on Africa s 24 stock exchanges The list yielded many more women from South Africa than from any other African country followed by Nigeria and Kenya The financial sector had more female CEOs than any other industry closely followed by technology Africa com CEO Laura Joseph said Five companies had more than one woman on the list Bidvest Microsoft Old Mutual Sonatel and Sanlam The methodology consists of three sections 1 CEOs of listed African companies with a market capitalization greater than US 150 million 2 the division heads of African listed companies where the division itself would be valued at over 150 million if it were self sustaining and 3 Africa region leaders or country leaders of globally listed companies with a market capitalization of over 50 billion Africa com President and Editor in Chief Teresa Clarke said The list has started a movement to give African women something bigger to aspire to run a large complex business not just SMEs like this is often the case with business women Click here https bit ly 3FRe5Ji to watch a short dynamic video that features female CEOs Africa com 2021 Definitive List of Women CEOs Rank name Title Society Country stock Exchange Market capitalization 1 Natascha Viljoen CEO Anglo American Platinum South Africa Johannesburg Stock Exchange US 37 6 billion 2 Mpumi madisa CEO Executive Director Bidvest Group South Africa Johannesburg Stock Exchange 3 6 billion US dollars 3 Liz Lambrechts CEO Executive Director Santam South Africa Johannesburg Stock Exchange US 1 9 billion 4 Myriam Olusanya General manager Guarantee Trust Bank Ltd Nigeria Nigeria Stock Exchange 1 4 billion US dollars 5 Jane karuku Group CEO and CEO East African Breweries Ltd Kenya Nairobi Stock Exchange US 1 2 billion 6 Helene Conradie CEO Satrix 40 South Africa Johannesburg Stock Exchange 650 million US dollars 7 Leila Fourie CEO JSE South Africa Johannesburg Stock Exchange 640 million US dollars 8 Ruth zaipuna CEO NMB Bank Tanzania Dar es Salaam Stock Exchange US 505 million 9 Nathalie Alquier CEO Danone plant Morocco Casablanca Stock Exchange US 500 million ten Catherine lesetedi Managing Director of the Group Botswana Assurance Holdings Botswana Botswana Stock Exchange 445 million US dollars 11 Mansa netey General manager Standard chartered bank Ghana Ghana Stock Exchange US 425 million 12 Anne Juuko CEO Stanbic Bank Uganda Uganda Securities Exchange US 370 million 13 Keabetswe Pheko Moshagane General manager Absa Bank Botswana Ltd Botswana Botswana Stock Exchange US 346 million 14 Jackie van Niekerk CEO Attacq SA South Africa Johannesburg Stock Exchange 323 million US dollars 15 Jalila mezni CEO LILAS Hygienic Articles Company Tunisia Tunis Stock Exchange 304 million US dollars 16 Amelia Beattie CEO Two degree freedom South Africa Johannesburg Stock Exchange 281 million US dollars 17 Mercia Geises CEO SBN Holdings Ltd standard bank Namibia Namibia Stock Exchange US 277 million 18 Rebecca Miano Managing Director and CEO Electricity generation in Kenya Kenya Nairobi Stock Exchange US 275 million 19 Miriem Bensalah Chaqroun Vice president general manager Oulmes Morocco MC Casablanca Stock Exchange 230 million US dollars 20 Diane karusisi CEO BK PLC Group Rwanda Rwanda Stock Exchange US 205 million 21 Nasim Devji CEO and CEO of the group Diamond Trust Bank Kenya Nairobi Stock Exchange 178 million US dollars 22 Nneka Onyeali Ikpe Managing Director and CEO Loyalty bank Nigeria Nigerian Stock Exchange US 165 million DIVISION HEADS 23 Kanyisa Mkhize CEO Sanlam Corporate Sanlam South Africa Johannesburg Stock Exchange 8 6 billion US dollars 24 Vivien mcmenamin CEO South Africa Mondi South Africa South Africa Johannesburg Stock Exchange 7 7 billion US dollars 25 Nevine wefky President Corporate Credit and Investment International commercial bank Egypt Egyptian exchange US 5 7 billion 26 Yolisa Phahle CEO General Entertainment and Connected Video The MultiChoice group South Africa Johannesburg Stock Exchange 3 8 billion US dollars 27 Kerrin s Land Managing Director Personal Finance and Wealth Management Former mutual South Africa Johannesburg Stock Exchange US 3 7 billion 28 Prabashini Moodley General manager Former Company Mutual South Africa Johannesburg Stock Exchange US 3 7 billion 29 Hannah sadiki CEO of Bidvest Financial Services Bidvest Financial Services South Africa Johannesburg Stock Exchange 3 6 billion US dollars 30 Ramatoulaye Diallo Shagaya Managing Director Orange Finances Mobile Services Sonatel Senegal Regional Stock Exchange US 2 2 billion 31 Aminata Kane Ndiaye CEO Orange Sierra Leone Sonatel Senegal Regional Stock Exchange US 2 2 billion 32 Kerry Cassel CEO Financial Services Sector Motus Holdings South Africa Johannesburg Stock Exchange US 1 1 billion 33 Anet Ahern CEO PSG Asset Management PSG Council South Africa Johannesburg Stock Exchange 819 million US dollars 34 Nanees Adel Managing Director CSH Cleopatra Hospital Egypt Egyptian exchange US 468 million 35 Helene Echevin CEO CIEL Sant SKY Mauritius Mauritius Stock Exchange 166 million US dollars REGION HEADS 36 Teju Ajani Managing Director Nigeria Apple Nigeria NASDAQ 2 100 billion US dollars 37 Juliette Ehimuan West Africa Director Google Nigeria NASDAQ 2 100 billion US dollars 38 Kendi Ntwiga Nderitu Country Responsible Kenya Microsoft Kenya NASDAQ US 1 9 trillion 39 Lillian barnard CEO South Africa Microsoft South Africa NASDAQ US 1 9 trillion 40 Nunu Ntshingila Regional Director Africa Facebook South Africa NASDAQ 836 billion US dollars 41 Aida Diarra Senior Vice President and Head of Sub Saharan Africa VISA Inc South Africa New York Stock Exchange 466 billion US dollars 42 Chantal Umutoni Kagame CEO MTN Rwanda Rwanda Rwanda Stock Exchange 361 billion US dollars 43 Yvonne ike Managing Director Sub Saharan Africa Bank of America Nigeria New York Stock Exchange 332 billion US dollars 44 Catherine smith MD Sub Saharan Africa SAP South Africa Frankfurt Stock Exchange 171 billion US dollars 45 Ireti Samuel Ogbu CEO Nigeria and Ghana Citibank Nigeria New York Stock Exchange 151 billion US dollars 46 Mariam Kane Garcia CEO South Africa Executive Vice President Southern Africa TotalEnergies South Africa Euronext 122 billion US dollars 47 Angela Kyerematen Jimoh Regional Manager North East and West Africa IBM Ghana NASDAQ 119 billion US dollars 48 Brenda Mbathi President GE East Africa General Electra Kenya New York Stock Exchange 111 billion US dollars 49 Mpumi Zikalala Managing Director Beers Group Managed Operations De Beers Group South Africa Beers US 61 billion 50 Taelo Mojapelo CEO and vice president British Petroleum Southern Africa South Africa LSE London Stock Exchange US 59 billion
    Top 50 Women in African Businesses Revealed After Data-Driven Research
      The list has started a movement to give African women something bigger to aspire to running a large complex business not just SMEs as is often the goal of businesswomen JOHANNESBURG South Africa October 15 2021 APO Group At a major virtual summit with over 1 000 high profile attendees Africa com revealed the names of Africa s 50 most senior women at the company The definitive list of women CEOs of Africa com is distinguished by the fact that it is data driven The researchers began by working with data provided by Bloomberg and assessing the more than 1 400 companies listed on Africa s 24 stock exchanges The list yielded many more women from South Africa than from any other African country followed by Nigeria and Kenya The financial sector had more female CEOs than any other industry closely followed by technology Africa com CEO Laura Joseph said Five companies had more than one woman on the list Bidvest Microsoft Old Mutual Sonatel and Sanlam The methodology consists of three sections 1 CEOs of listed African companies with a market capitalization greater than US 150 million 2 the division heads of African listed companies where the division itself would be valued at over 150 million if it were self sustaining and 3 Africa region leaders or country leaders of globally listed companies with a market capitalization of over 50 billion Africa com President and Editor in Chief Teresa Clarke said The list has started a movement to give African women something bigger to aspire to run a large complex business not just SMEs like this is often the case with business women Click here https bit ly 3FRe5Ji to watch a short dynamic video that features female CEOs Africa com 2021 Definitive List of Women CEOs Rank name Title Society Country stock Exchange Market capitalization 1 Natascha Viljoen CEO Anglo American Platinum South Africa Johannesburg Stock Exchange US 37 6 billion 2 Mpumi madisa CEO Executive Director Bidvest Group South Africa Johannesburg Stock Exchange 3 6 billion US dollars 3 Liz Lambrechts CEO Executive Director Santam South Africa Johannesburg Stock Exchange US 1 9 billion 4 Myriam Olusanya General manager Guarantee Trust Bank Ltd Nigeria Nigeria Stock Exchange 1 4 billion US dollars 5 Jane karuku Group CEO and CEO East African Breweries Ltd Kenya Nairobi Stock Exchange US 1 2 billion 6 Helene Conradie CEO Satrix 40 South Africa Johannesburg Stock Exchange 650 million US dollars 7 Leila Fourie CEO JSE South Africa Johannesburg Stock Exchange 640 million US dollars 8 Ruth zaipuna CEO NMB Bank Tanzania Dar es Salaam Stock Exchange US 505 million 9 Nathalie Alquier CEO Danone plant Morocco Casablanca Stock Exchange US 500 million ten Catherine lesetedi Managing Director of the Group Botswana Assurance Holdings Botswana Botswana Stock Exchange 445 million US dollars 11 Mansa netey General manager Standard chartered bank Ghana Ghana Stock Exchange US 425 million 12 Anne Juuko CEO Stanbic Bank Uganda Uganda Securities Exchange US 370 million 13 Keabetswe Pheko Moshagane General manager Absa Bank Botswana Ltd Botswana Botswana Stock Exchange US 346 million 14 Jackie van Niekerk CEO Attacq SA South Africa Johannesburg Stock Exchange 323 million US dollars 15 Jalila mezni CEO LILAS Hygienic Articles Company Tunisia Tunis Stock Exchange 304 million US dollars 16 Amelia Beattie CEO Two degree freedom South Africa Johannesburg Stock Exchange 281 million US dollars 17 Mercia Geises CEO SBN Holdings Ltd standard bank Namibia Namibia Stock Exchange US 277 million 18 Rebecca Miano Managing Director and CEO Electricity generation in Kenya Kenya Nairobi Stock Exchange US 275 million 19 Miriem Bensalah Chaqroun Vice president general manager Oulmes Morocco MC Casablanca Stock Exchange 230 million US dollars 20 Diane karusisi CEO BK PLC Group Rwanda Rwanda Stock Exchange US 205 million 21 Nasim Devji CEO and CEO of the group Diamond Trust Bank Kenya Nairobi Stock Exchange 178 million US dollars 22 Nneka Onyeali Ikpe Managing Director and CEO Loyalty bank Nigeria Nigerian Stock Exchange US 165 million DIVISION HEADS 23 Kanyisa Mkhize CEO Sanlam Corporate Sanlam South Africa Johannesburg Stock Exchange 8 6 billion US dollars 24 Vivien mcmenamin CEO South Africa Mondi South Africa South Africa Johannesburg Stock Exchange 7 7 billion US dollars 25 Nevine wefky President Corporate Credit and Investment International commercial bank Egypt Egyptian exchange US 5 7 billion 26 Yolisa Phahle CEO General Entertainment and Connected Video The MultiChoice group South Africa Johannesburg Stock Exchange 3 8 billion US dollars 27 Kerrin s Land Managing Director Personal Finance and Wealth Management Former mutual South Africa Johannesburg Stock Exchange US 3 7 billion 28 Prabashini Moodley General manager Former Company Mutual South Africa Johannesburg Stock Exchange US 3 7 billion 29 Hannah sadiki CEO of Bidvest Financial Services Bidvest Financial Services South Africa Johannesburg Stock Exchange 3 6 billion US dollars 30 Ramatoulaye Diallo Shagaya Managing Director Orange Finances Mobile Services Sonatel Senegal Regional Stock Exchange US 2 2 billion 31 Aminata Kane Ndiaye CEO Orange Sierra Leone Sonatel Senegal Regional Stock Exchange US 2 2 billion 32 Kerry Cassel CEO Financial Services Sector Motus Holdings South Africa Johannesburg Stock Exchange US 1 1 billion 33 Anet Ahern CEO PSG Asset Management PSG Council South Africa Johannesburg Stock Exchange 819 million US dollars 34 Nanees Adel Managing Director CSH Cleopatra Hospital Egypt Egyptian exchange US 468 million 35 Helene Echevin CEO CIEL Sant SKY Mauritius Mauritius Stock Exchange 166 million US dollars REGION HEADS 36 Teju Ajani Managing Director Nigeria Apple Nigeria NASDAQ 2 100 billion US dollars 37 Juliette Ehimuan West Africa Director Google Nigeria NASDAQ 2 100 billion US dollars 38 Kendi Ntwiga Nderitu Country Responsible Kenya Microsoft Kenya NASDAQ US 1 9 trillion 39 Lillian barnard CEO South Africa Microsoft South Africa NASDAQ US 1 9 trillion 40 Nunu Ntshingila Regional Director Africa Facebook South Africa NASDAQ 836 billion US dollars 41 Aida Diarra Senior Vice President and Head of Sub Saharan Africa VISA Inc South Africa New York Stock Exchange 466 billion US dollars 42 Chantal Umutoni Kagame CEO MTN Rwanda Rwanda Rwanda Stock Exchange 361 billion US dollars 43 Yvonne ike Managing Director Sub Saharan Africa Bank of America Nigeria New York Stock Exchange 332 billion US dollars 44 Catherine smith MD Sub Saharan Africa SAP South Africa Frankfurt Stock Exchange 171 billion US dollars 45 Ireti Samuel Ogbu CEO Nigeria and Ghana Citibank Nigeria New York Stock Exchange 151 billion US dollars 46 Mariam Kane Garcia CEO South Africa Executive Vice President Southern Africa TotalEnergies South Africa Euronext 122 billion US dollars 47 Angela Kyerematen Jimoh Regional Manager North East and West Africa IBM Ghana NASDAQ 119 billion US dollars 48 Brenda Mbathi President GE East Africa General Electra Kenya New York Stock Exchange 111 billion US dollars 49 Mpumi Zikalala Managing Director Beers Group Managed Operations De Beers Group South Africa Beers US 61 billion 50 Taelo Mojapelo CEO and vice president British Petroleum Southern Africa South Africa LSE London Stock Exchange US 59 billion
    Top 50 Women in African Businesses Revealed After Data-Driven Research
    Africa12 months ago

    Top 50 Women in African Businesses Revealed After Data-Driven Research

    The list has started a movement to give African women something bigger to aspire to: running a large, complex business - not just SMEs as is often the goal of businesswomen.

    JOHANNESBURG, South Africa, October 15, 2021 / APO Group / -

    At a major virtual summit with over 1,000 high profile attendees, Africa.com revealed the names of Africa's 50 most senior women at the company. The definitive list of women CEOs of Africa.com is distinguished by the fact that it is data driven. The researchers began by working with data provided by Bloomberg and assessing the more than 1,400 companies listed on Africa's 24 stock exchanges.

    The list yielded many more women from South Africa than from any other African country, followed by Nigeria and Kenya. The financial sector had more female CEOs than any other industry, closely followed by technology. Africa.com CEO Laura Joseph said: “Five companies had more than one woman on the list: Bidvest, Microsoft, Old Mutual, Sonatel and Sanlam.

    The methodology consists of three sections: 1) CEOs of listed African companies with a market capitalization greater than US $ 150 million; 2) the division heads of African listed companies where the division itself would be valued at over $ 150 million if it were self-sustaining; and 3) Africa region leaders, or country leaders, of globally listed companies with a market capitalization of over $ 50 billion.

    Africa.com President and Editor-in-Chief Teresa Clarke said: “The list has started a movement to give African women something bigger to aspire to: run a large, complex business - not just SMEs like this is often the case with business women. "

    Click here (https://bit.ly/3FRe5Ji) to watch a short, dynamic video that features female CEOs.

    Africa.com 2021 Definitive List of Women CEOs

    Rank

    name

    Title

    Society

    Country

    stock Exchange

    Market capitalization

    1

    Natascha Viljoen

    CEO

    Anglo-American Platinum

    South Africa

    Johannesburg Stock Exchange

    US $ 37.6 billion

    2

    Mpumi madisa

    CEO / Executive Director

    Bidvest Group

    South Africa

    Johannesburg Stock Exchange

    3.6 billion US dollars

    3

    Lizé Lambrechts

    CEO / Executive Director

    Santam

    South Africa

    Johannesburg Stock Exchange

    US $ 1.9 billion

    4

    Myriam Olusanya

    General manager

    Guarantee Trust Bank Ltd

    Nigeria

    Nigeria Stock Exchange

    1.4 billion US dollars

    5

    Jane karuku

    Group CEO and CEO

    East African Breweries Ltd

    Kenya

    Nairobi Stock Exchange

    US $ 1.2 billion

    6

    Helene Conradie

    CEO

    Satrix 40

    South Africa

    Johannesburg Stock Exchange

    650 million US dollars

    7

    Leila Fourie

    CEO

    JSE

    South Africa

    Johannesburg Stock Exchange

    640 million US dollars

    8

    Ruth zaipuna

    CEO

    NMB Bank

    Tanzania

    Dar es Salaam Stock Exchange

    US $ 505 million

    9

    Nathalie Alquier

    CEO

    Danone plant

    Morocco

    Casablanca Stock Exchange

    US $ 500 million

    ten

    Catherine lesetedi

    Managing Director of the Group

    Botswana Assurance Holdings

    Botswana

    Botswana Stock Exchange

    445 million US dollars

    11

    Mansa netey

    General manager

    Standard chartered bank

    Ghana

    Ghana Stock Exchange

    US $ 425 million

    12

    Anne Juuko

    CEO

    Stanbic Bank

    Uganda

    Uganda Securities Exchange

    US $ 370 million

    13

    Keabetswe Pheko-Moshagane

    General manager

    Absa Bank Botswana Ltd

    Botswana

    Botswana Stock Exchange

    US $ 346 million

    14

    Jackie van Niekerk

    CEO

    Attacq SA

    South Africa

    Johannesburg Stock Exchange

    323 million US dollars

    15

    Jalila mezni

    CEO

    LILAS Hygienic Articles Company

    Tunisia

    Tunis Stock Exchange

    304 million US dollars

    16

    Amelia Beattie

    CEO

    Two-degree freedom

    South Africa

    Johannesburg Stock Exchange

    281 million US dollars

    17

    Mercia Geises

    CEO

    SBN Holdings Ltd (standard bank)

    Namibia

    Namibia Stock Exchange

    US $ 277 million

    18

    Rebecca Miano

    Managing Director and CEO

    Electricity generation in Kenya

    Kenya

    Nairobi Stock Exchange

    US $ 275 million

    19

    Miriem Bensalah-Chaqroun

    Vice-president, general manager

    Oulmes

    Morocco

    MC / Casablanca Stock Exchange

    230 million US dollars

    20

    Diane karusisi

    CEO

    BK PLC Group

    Rwanda

    Rwanda Stock Exchange

    US $ 205 million

    21

    Nasim Devji

    CEO and CEO of the group

    Diamond Trust Bank

    Kenya

    Nairobi Stock Exchange

    178 million US dollars

    22

    Nneka Onyeali-Ikpe

    Managing Director and CEO

    Loyalty bank

    Nigeria

    Nigerian Stock Exchange

    US $ 165 million

    DIVISION HEADS

    23

    Kanyisa Mkhize

    CEO Sanlam Corporate

    Sanlam

    South Africa

    Johannesburg Stock Exchange

    8.6 billion US dollars

    24

    Vivien mcmenamin

    CEO South Africa

    Mondi South Africa

    South Africa

    Johannesburg Stock Exchange

    7.7 billion US dollars

    25

    Nevine wefky

    President Corporate Credit and Investment

    International commercial bank

    Egypt

    Egyptian exchange

    US $ 5.7 billion

    26

    Yolisa Phahle

    CEO General Entertainment and Connected Video

    The MultiChoice group

    South Africa

    Johannesburg Stock Exchange

    3.8 billion US dollars

    27

    Kerrin's Land

    Managing Director, Personal Finance and Wealth Management

    Former mutual

    South Africa

    Johannesburg Stock Exchange

    US $ 3.7 billion

    28

    Prabashini Moodley

    General manager

    Former Company Mutual

    South Africa

    Johannesburg Stock Exchange

    US $ 3.7 billion

    29

    Hannah sadiki

    CEO of Bidvest Financial Services

    Bidvest Financial Services

    South Africa

    Johannesburg Stock Exchange

    3.6 billion US dollars

    30

    Ramatoulaye Diallo Shagaya

    Managing Director Orange Finances Mobile Services

    Sonatel

    Senegal

    Regional Stock Exchange

    US $ 2.2 billion

    31

    Aminata Kane Ndiaye

    CEO Orange Sierra Leone

    Sonatel

    Senegal

    Regional Stock Exchange

    US $ 2.2 billion

    32

    Kerry Cassel

    CEO Financial Services Sector

    Motus Holdings

    South Africa

    Johannesburg Stock Exchange

    US $ 1.1 billion

    33

    Anet Ahern

    CEO PSG Asset Management

    PSG Council

    South Africa

    Johannesburg Stock Exchange

    819 million US dollars

    34

    Nanees Adel

    Managing Director CSH

    Cleopatra Hospital

    Egypt

    Egyptian exchange

    US $ 468 million

    35

    Helene Echevin

    CEO, CIEL Santé

    SKY

    Mauritius

    Mauritius Stock Exchange

    166 million US dollars

    REGION HEADS

    36

    Teju Ajani

    Managing Director Nigeria

    Apple

    Nigeria

    NASDAQ

    2,100 billion US dollars

    37

    Juliette Ehimuan

    West Africa Director

    Google

    Nigeria

    NASDAQ

    2,100 billion US dollars

    38

    Kendi Ntwiga-Nderitu

    Country Responsible Kenya

    Microsoft

    Kenya

    NASDAQ

    US $ 1.9 trillion

    39

    Lillian barnard

    CEO South Africa

    Microsoft

    South Africa

    NASDAQ

    US $ 1.9 trillion

    40

    Nunu Ntshingila

    Regional Director, Africa

    Facebook

    South Africa

    NASDAQ

    836 billion US dollars

    41

    Aida Diarra

    Senior Vice President and Head of Sub-Saharan Africa

    VISA Inc

    South Africa

    New York Stock Exchange

    466 billion US dollars

    42

    Chantal Umutoni Kagame

    CEO

    MTN Rwanda

    Rwanda

    Rwanda Stock Exchange

    361 billion US dollars

    43

    Yvonne ike

    Managing Director, Sub-Saharan Africa

    Bank of America

    Nigeria

    New York Stock Exchange

    332 billion US dollars

    44

    Catherine smith

    MD Sub-Saharan Africa

    SAP

    South Africa

    Frankfurt Stock Exchange

    171 billion US dollars

    45

    Ireti Samuel-Ogbu

    CEO Nigeria and Ghana

    Citibank

    Nigeria

    New York Stock Exchange

    151 billion US dollars

    46

    Mariam Kane-Garcia

    CEO South Africa & Executive Vice President Southern Africa

    TotalEnergies

    South Africa

    Euronext

    122 billion US dollars

    47

    Angela Kyerematen-Jimoh

    Regional Manager North, East. and West Africa

    IBM

    Ghana

    NASDAQ

    119 billion US dollars

    48

    Brenda Mbathi

    President GE East Africa

    General Electra

    Kenya

    New York Stock Exchange

    111 billion US dollars

    49

    Mpumi Zikalala

    Managing Director, Beers Group Managed Operations

    De Beers Group

    South Africa

    Beers

    US $ 61 billion

    50

    Taelo Mojapelo

    CEO and vice-president

    British Petroleum Southern Africa

    South Africa

    LSE / London Stock Exchange

    US $ 59 billion

  •   Agreed that in the post COVID era there is a need to increase Foreign Direct Investment FDI in non oil sectors in Nigeria Welcome the upcoming launch of the LSE entrepreneurship Hub in Nigeria Lagos 15th October 2021 The UK Prime Minister s Trade Envoy to Nigeria Helen Grant and Nigeria s Minister of Industry Trade and Investment Mr Adeniyi Adebayo today held virtually the sixth 6th meeting of the United Kingdom Nigeria Economic Development Forum EDF The meeting was joined by Her Majesty s Acting Trade Commissioner for Africa Alastair Long the Comptroller General of the Nigeria Customs Service Col Hameed Ibrahim Ali Rtd and other senior government representatives from Nigeria and the UK The agenda outlined opportunities for a wider UK Nigeria partnership as discussions centred on the state of bilateral trade challenges and priorities ahead opportunities to build back better from COVID 19 the Nigeria Government s preparations to attend the 2021 United Nations Climate Change Conference COP26 and plans to implement the revised Nationally Determined Contributions NDCs Confirming the strategic importance of the economic development forum both the UK and Nigeria representatives agreed that in the post COVID era there is a need to increase Foreign Direct Investment FDI in non oil sectors in Nigeria They welcomed the continued efforts to encourage UK trade and investment into Nigeria resulting in a number of commercial wins for UK companies including a 10 56m deal in the healthcare sector as part of a new build hospital project and others in the pipeline including more than 60m of potential FDI in the renewable energy sector UK Prime Minister s Trade Envoy to Nigeria Helen Grant said I am delighted to have had the opportunity to speak with Nigerian representatives as we deepen our trade relationship with a key partner for us in Africa The Economic Development Forum remains crucial to our efforts to address barriers to bilateral trade and investment between our two countries It is good to have made progress on financial services and the legal sector which are both great strengths of the UK The London School of Economics and Political Science LSE Generate team also made a presentation to mark the upcoming launch of its entrepreneurship Hub in Nigeria with an objective to contribute to the entrepreneurial ecosystem in Nigeria through corporate and start up programmes The Hub will consist of a physical co working space as well as several entrepreneurship programmes The recent launch of the UK s Skills for Prosperity programme in partnership with Industrial Training Fund ITF to support formal apprenticeship and traineeship routes that enable the private sector to access a skilled workforce and offer meaningful employment to young people in Lagos and Kaduna was also acknowledged Nigeria s Minister of Industry Trade and Investment Mr Adeniyi Adebayo said I am pleased to herald the 6th Edition of the U K Nigeria Economic Development Forum Engagements such as these are crucial in promoting bilateral trade and investment implementing strategic initiatives and appraising our current economic and trade relationship This platform will also provide an opportunity for us to take stock of progress made on our commitments at previous EDFs and enable us work together to ensure that our bilateral agreements are properly implemented and beneficial to both parties
    UK, Nigeria hold Sixth Ministerial Meeting for Economic Development
      Agreed that in the post COVID era there is a need to increase Foreign Direct Investment FDI in non oil sectors in Nigeria Welcome the upcoming launch of the LSE entrepreneurship Hub in Nigeria Lagos 15th October 2021 The UK Prime Minister s Trade Envoy to Nigeria Helen Grant and Nigeria s Minister of Industry Trade and Investment Mr Adeniyi Adebayo today held virtually the sixth 6th meeting of the United Kingdom Nigeria Economic Development Forum EDF The meeting was joined by Her Majesty s Acting Trade Commissioner for Africa Alastair Long the Comptroller General of the Nigeria Customs Service Col Hameed Ibrahim Ali Rtd and other senior government representatives from Nigeria and the UK The agenda outlined opportunities for a wider UK Nigeria partnership as discussions centred on the state of bilateral trade challenges and priorities ahead opportunities to build back better from COVID 19 the Nigeria Government s preparations to attend the 2021 United Nations Climate Change Conference COP26 and plans to implement the revised Nationally Determined Contributions NDCs Confirming the strategic importance of the economic development forum both the UK and Nigeria representatives agreed that in the post COVID era there is a need to increase Foreign Direct Investment FDI in non oil sectors in Nigeria They welcomed the continued efforts to encourage UK trade and investment into Nigeria resulting in a number of commercial wins for UK companies including a 10 56m deal in the healthcare sector as part of a new build hospital project and others in the pipeline including more than 60m of potential FDI in the renewable energy sector UK Prime Minister s Trade Envoy to Nigeria Helen Grant said I am delighted to have had the opportunity to speak with Nigerian representatives as we deepen our trade relationship with a key partner for us in Africa The Economic Development Forum remains crucial to our efforts to address barriers to bilateral trade and investment between our two countries It is good to have made progress on financial services and the legal sector which are both great strengths of the UK The London School of Economics and Political Science LSE Generate team also made a presentation to mark the upcoming launch of its entrepreneurship Hub in Nigeria with an objective to contribute to the entrepreneurial ecosystem in Nigeria through corporate and start up programmes The Hub will consist of a physical co working space as well as several entrepreneurship programmes The recent launch of the UK s Skills for Prosperity programme in partnership with Industrial Training Fund ITF to support formal apprenticeship and traineeship routes that enable the private sector to access a skilled workforce and offer meaningful employment to young people in Lagos and Kaduna was also acknowledged Nigeria s Minister of Industry Trade and Investment Mr Adeniyi Adebayo said I am pleased to herald the 6th Edition of the U K Nigeria Economic Development Forum Engagements such as these are crucial in promoting bilateral trade and investment implementing strategic initiatives and appraising our current economic and trade relationship This platform will also provide an opportunity for us to take stock of progress made on our commitments at previous EDFs and enable us work together to ensure that our bilateral agreements are properly implemented and beneficial to both parties
    UK, Nigeria hold Sixth Ministerial Meeting for Economic Development
    Economy12 months ago

    UK, Nigeria hold Sixth Ministerial Meeting for Economic Development

    • Agreed that in the post-COVID era, there is a need to increase Foreign Direct Investment (FDI) in non-oil sectors in Nigeria
    • · Welcome the upcoming launch of the LSE entrepreneurship Hub in Nigeria.
    Lagos, 15th October, 2021 – The UK Prime Minister’s Trade Envoy to Nigeria, Helen Grant and Nigeria’s Minister of Industry Trade and Investment, Mr. Adeniyi Adebayo, today, held virtually the sixth (6th) meeting of the United Kingdom-Nigeria Economic Development Forum (EDF).The meeting was joined by Her Majesty’s Acting Trade Commissioner for Africa, Alastair Long, the Comptroller General of the Nigeria Customs Service, Col. Hameed Ibrahim Ali (Rtd) and other senior government representatives from Nigeria and the UK.The agenda outlined opportunities for a wider UK-Nigeria partnership as discussions centred on the state of bilateral trade; challenges and priorities ahead; opportunities to ‘build back better’ from COVID-19; the Nigeria Government’s preparations to attend the 2021 United Nations Climate Change Conference (COP26), and plans to implement the revised Nationally Determined Contributions (NDCs).Confirming the strategic importance of the economic development forum, both the UK and Nigeria representatives agreed that in the post-COVID era, there is a need to increase Foreign Direct Investment (FDI) in non-oil sectors in Nigeria. They welcomed the continued efforts to encourage UK trade and investment into Nigeria resulting in a number of commercial wins for UK companies, including a £10.56m deal in the healthcare sector as part of a new build hospital project, and others in the pipeline (including more than £60m of potential FDI in the renewable energy sector.UK Prime Minister’s Trade Envoy to Nigeria, Helen Grant said:“I am delighted to have had the opportunity to speak with Nigerian representatives as we deepen our trade relationship with a key partner for us in Africa. The Economic Development Forum remains crucial to our efforts to address barriers to bilateral trade and investment between our two countries. It is good to have made progress on financial services and the legal sector, which are both great strengths of the UK.”The London School of Economics and Political Science (LSE) Generate team also made a presentation to mark the upcoming launch of its entrepreneurship Hub in Nigeria with an objective to contribute to the entrepreneurial ecosystem in Nigeria through corporate and start-up programmes. The Hub will consist of a physical co-working space as well as several entrepreneurship programmes.The recent launch of the UK’s Skills for Prosperity programme, in partnership with Industrial Training Fund (ITF), to support formal apprenticeship and traineeship routes that enable the private sector to access a skilled workforce and offer meaningful employment to young people in Lagos and Kaduna was also acknowledged.Nigeria’s Minister of Industry Trade and Investment, Mr. Adeniyi Adebayo said:“I am pleased to herald the 6th Edition of the U.K-Nigeria Economic Development Forum. Engagements such as these are crucial in; promoting bilateral trade and investment; implementing strategic initiatives; and appraising our current economic and trade relationship. This platform will also provide an opportunity for us to take stock of progress made on our commitments at previous EDFs, and enable us work together to ensure that our bilateral agreements are properly implemented and beneficial to both parties.”

  •   Dr Nnaemeka Ewelukwa has assumed office as the acting Managing Director CEO of the Nigerian Bulk Electricity Trading Plc NBET following the step down of Dr Marilyn Amobi This was made known in a statement issued by Ms Aisha Waziri from the Corporate Services Department of NBET in Abuja on Wednesday The News Agency of Nigeria recalls that the Minister of Power Mr Sale Mamman on Tuesday directed Amobi to step down over myriads of complaints Sale also raised a five man committee to investigate those complaints about Amobi Waziri said that Ewelukwa a General Manager and the pioneer General Counsel and Company Secretary at NBET has taken charge of the agency s operations She said that Ewelukwa has been part of the executive management team of NBET and has over 20 years of professional experience spanning private practice academia and currently public service Prior to joining NBET he served as a Technical Adviser on electricity regulatory and transaction issues with the Presidential Task Force on Power PTFP set up by the Federal Government to lead the implementation of the reform roadmap for the power sector He has led NBET s negotiations with Independent Power Producers IPPs and the development of Power Purchase Agreements PPAs at NBET Paving the way for billions of dollars in additional private sector investments in the electric power sector she said According to her Ewelukwa is also a co author of three globally acclaimed handbooks on electricity transactions namely Understanding Power Purchase Agreements 2014 Understanding Power Project Financing 2016 and Understanding Power Project Procurement 2018 They were supported by the United States Power Africa initiative and the African Legal Support Facility hosted by the African Development Bank AfDB A qualified lawyer by training Ewelukwa holds an undergraduate law degree from the University of Nigeria a Master of Law degree in International Business Law from the London School of Economics and Political Science LSE and a PhD in Law from Queen Mary University of London With specialisation on privatisation and the legal reform of the Nigerian power sector He is also a member of the Chartered Institute of Arbitrators she said Edited by Muhammad Suleiman Tola NAN
    Ewelukwa takes over at NBET as Amobi steps down
      Dr Nnaemeka Ewelukwa has assumed office as the acting Managing Director CEO of the Nigerian Bulk Electricity Trading Plc NBET following the step down of Dr Marilyn Amobi This was made known in a statement issued by Ms Aisha Waziri from the Corporate Services Department of NBET in Abuja on Wednesday The News Agency of Nigeria recalls that the Minister of Power Mr Sale Mamman on Tuesday directed Amobi to step down over myriads of complaints Sale also raised a five man committee to investigate those complaints about Amobi Waziri said that Ewelukwa a General Manager and the pioneer General Counsel and Company Secretary at NBET has taken charge of the agency s operations She said that Ewelukwa has been part of the executive management team of NBET and has over 20 years of professional experience spanning private practice academia and currently public service Prior to joining NBET he served as a Technical Adviser on electricity regulatory and transaction issues with the Presidential Task Force on Power PTFP set up by the Federal Government to lead the implementation of the reform roadmap for the power sector He has led NBET s negotiations with Independent Power Producers IPPs and the development of Power Purchase Agreements PPAs at NBET Paving the way for billions of dollars in additional private sector investments in the electric power sector she said According to her Ewelukwa is also a co author of three globally acclaimed handbooks on electricity transactions namely Understanding Power Purchase Agreements 2014 Understanding Power Project Financing 2016 and Understanding Power Project Procurement 2018 They were supported by the United States Power Africa initiative and the African Legal Support Facility hosted by the African Development Bank AfDB A qualified lawyer by training Ewelukwa holds an undergraduate law degree from the University of Nigeria a Master of Law degree in International Business Law from the London School of Economics and Political Science LSE and a PhD in Law from Queen Mary University of London With specialisation on privatisation and the legal reform of the Nigerian power sector He is also a member of the Chartered Institute of Arbitrators she said Edited by Muhammad Suleiman Tola NAN
    Ewelukwa takes over at NBET as Amobi steps down
    Economy3 years ago

    Ewelukwa takes over at NBET as Amobi steps down

    Dr Nnaemeka Ewelukwa has assumed office as the acting Managing Director/CEO of the Nigerian Bulk Electricity Trading Plc (NBET) following the step down of Dr Marilyn Amobi.

    This was made known in a statement issued by Ms Aisha Waziri from the Corporate Services Department of NBET in Abuja on Wednesday.

    The News Agency of Nigeria recalls that the Minister of Power, Mr Sale Mamman, on Tuesday directed Amobi to step down over myriads of complaints.

    Sale also raised a five-man committee to investigate those complaints about Amobi.

    Waziri said that Ewelukwa, a General Manager, and the pioneer General Counsel and Company Secretary at NBET, has taken charge of the agency’s operations.

    She said that Ewelukwa has been part of the executive management team of NBET and has over 20 years of professional experience spanning private practice, academia and currently, public service.

    “Prior to joining NBET, he served as a Technical Adviser on electricity regulatory and transaction issues with the Presidential Task Force on Power (PTFP} set up by the Federal Government to lead the implementation of the reform roadmap for the power sector.

    “He has led NBET’s negotiations with Independent Power Producers (IPPs) and the development of Power Purchase Agreements (PPAs} at NBET.

    “Paving the way for billions of dollars in additional private sector investments in the electric power sector,” she said.

    According to her, Ewelukwa is also a co-author of three globally acclaimed handbooks on electricity transactions; namely, Understanding Power Purchase Agreements (2014}, Understanding  Power Project Financing (2016) and Understanding Power Project Procurement (2018}.

    “They were supported by the United States Power Africa initiative and the African Legal Support Facility hosted by the African Development Bank (AfDB).

    “A qualified lawyer by training, Ewelukwa holds an undergraduate law degree from the University of Nigeria, a Master of Law degree  in International Business Law from the London School of Economics  and Political Science (LSE}, and a PhD in Law from Queen Mary University of London,

    “With  specialisation on privatisation and the legal reform of the Nigerian power sector.

    “He is also a member of the Chartered Institute of Arbitrators,” she said.

    Edited by: Muhammad Suleiman Tola
    (NAN)

  •  European Union lawmakers on Tuesday gave broad support to a law that could end the City of London s global dominance in clearing euro denominated financial contracts after Brexit The plan has raised hackles in Britain where it threatens both job losses and tax revenues The draft EU law proposes that a foreign clearing house which stands between two sides of a transaction to ensure its smooth completion must be subject to more intense supervision by the bloc s regulators if it wants to serve customers in the EU But if a clearing house is systemically important to the euro zone then euro denominated business with EU based customers must move to the bloc The draft law is anathema to Britain which voted to leave the EU in a referendum in 2016 It is home to LCH an arm of the London Stock Exchange that clears most euro denominated swaps in Europe Financial services represent Britain s biggest tax earning sector and the LSE has warned that thousands of jobs could leave the UK if euro clearing was forced out In the first debate in the European Parliament lawmakers from the two biggest parties the centre right European People s Party and the centre left Progressive Alliance of Socialists and Democrats gave broad backing to the draft law but called for some changes It is a good proposal from the European Commission Polish centre right MEP Danuta Huebner told parliament s economic affairs committee In principle I support the proposal which I find necessary added Roberto Gualtieri an Italian centre left lawmaker who chairs the committee The European Parliament and EU states have finally said the reform needed changes during the approval process No timetable has been agreed for approving the law and separately there has been scant agreement on any new relationship between the EU and Britain Edited by Abigael Joshua Abdullahi Yusuf NAN
    EU lawmakers give tentative nod to Brexit clearing law
     European Union lawmakers on Tuesday gave broad support to a law that could end the City of London s global dominance in clearing euro denominated financial contracts after Brexit The plan has raised hackles in Britain where it threatens both job losses and tax revenues The draft EU law proposes that a foreign clearing house which stands between two sides of a transaction to ensure its smooth completion must be subject to more intense supervision by the bloc s regulators if it wants to serve customers in the EU But if a clearing house is systemically important to the euro zone then euro denominated business with EU based customers must move to the bloc The draft law is anathema to Britain which voted to leave the EU in a referendum in 2016 It is home to LCH an arm of the London Stock Exchange that clears most euro denominated swaps in Europe Financial services represent Britain s biggest tax earning sector and the LSE has warned that thousands of jobs could leave the UK if euro clearing was forced out In the first debate in the European Parliament lawmakers from the two biggest parties the centre right European People s Party and the centre left Progressive Alliance of Socialists and Democrats gave broad backing to the draft law but called for some changes It is a good proposal from the European Commission Polish centre right MEP Danuta Huebner told parliament s economic affairs committee In principle I support the proposal which I find necessary added Roberto Gualtieri an Italian centre left lawmaker who chairs the committee The European Parliament and EU states have finally said the reform needed changes during the approval process No timetable has been agreed for approving the law and separately there has been scant agreement on any new relationship between the EU and Britain Edited by Abigael Joshua Abdullahi Yusuf NAN
    EU lawmakers give tentative nod to Brexit clearing law
    Foreign5 years ago

    EU lawmakers give tentative nod to Brexit clearing law

    European Union lawmakers on Tuesday gave broad support to a law that could end the City of London’s global dominance in clearing euro-denominated financial contracts after Brexit.

    The plan has raised hackles in Britain, where it threatens both job losses and tax revenues.

    The draft EU law proposes that a foreign clearing house which stands between two sides of a transaction to ensure its smooth completion must be subject to more intense supervision by the bloc’s regulators if it wants to serve customers in the EU.

    But if a clearing house is systemically important to the euro zone, then euro-denominated business with EU based customers must move to the bloc.

    The draft law is anathema to Britain, which voted to leave the EU in a referendum in 2016.

    It is home to LCH, an arm of the London Stock Exchange that clears most euro-denominated swaps in Europe.

    Financial services represent Britain’s biggest tax earning sector and the LSE has warned that thousands of jobs could leave the UK if euro clearing was forced out.

    In the first debate in the European Parliament lawmakers from the two biggest parties, the centre right European People’s Party and the centre-left Progressive Alliance of Socialists and Democrats, gave broad backing to the draft law, but called for some changes.

    “It is a good proposal from the European Commission,’’ Polish centre-right MEP Danuta Huebner, told parliament’s economic affairs committee.

    “In principle, I support the proposal, which I find necessary,’’ added Roberto Gualtieri, an Italian centre-left lawmaker who chairs the committee.

    The European Parliament and EU states have finally said the reform needed changes during the approval process.

    No timetable has been agreed for approving the law and, separately, there has been scant agreement on any new relationship between the EU and Britain.

    Edited by: Abigael Joshua/Abdullahi Yusuf
    (NAN)

  •  NAN HE 18CompaniesAbuja March 31 2017 The London Stock Exchange Group LSEG on Friday launched a report that listed 58 Nigerian companies among the fastest growing private businesses in Africa The report published on the LSEG website www lseg com in London and accessed by the Nigeria News Agency in Abuja identified 343 companies in 42 African countries It described the Nigerian companies including small business concerns that made the list as the most exciting and promising According to the report the 58 companies demonstrated the success of Nigeria s efforts to diversify its economy The report declared Industry is the biggest sector to be represented in Nigeria with 17 companies featuring on the list This is closely followed by consumer services where 11 providers have been selected demonstrating the success of Nigeria s efforts to diversify its economy Prominent among the companies listed by the report are Beloxxi Industries Limited biscuit producers of popular brand Beloxxi Cream Crackers Also on the list are Interswitch an electronic payment processer Channels Television Arik Air FAN Milk International and CHAMSOthers are Mouka Limited mattress manufacturers and Sigma Pensions The report also listed online marketing concerns such as JUMIA KONGA and St Nicholas Hospital in the health sector It quoted LSE International Development Secretary Priti Patel as saying LSE s first ever Companies to Inspire Africa report is proof of the dynamism and vision of the City of London in supporting Africa s growing economies Now is the time for UK businesses to seize the opportunities offered by Africa and the UK Government is supporting the City of London to become the global financial centre for the developing world This will help Africa industrialise faster trade more and create millions of jobs driving the continent forward to a future of prosperity and helping some of the world s poorest countries stand on their own two feet Xavier Rolet Chief Executive LSEG said For the first time ever we have identified hundreds of Africa s most inspirational and dynamic private companies The report demonstrates the huge role that small and medium size enterprises are playing as the driving force behind African economies developing skills creating high quality jobs and delivering growth London Stock Exchange has made it a mission for over 300 years to support access to growth capital for small and large companies in all parts of the world LSEG according to Rolet is proud to play its part in this great economic journey by shining a light on Africa s success stories Edited By David Onilede Idahosa Asowata
    58 Nigerian companies among fastest growing in Africa, says London Stock Exchange
     NAN HE 18CompaniesAbuja March 31 2017 The London Stock Exchange Group LSEG on Friday launched a report that listed 58 Nigerian companies among the fastest growing private businesses in Africa The report published on the LSEG website www lseg com in London and accessed by the Nigeria News Agency in Abuja identified 343 companies in 42 African countries It described the Nigerian companies including small business concerns that made the list as the most exciting and promising According to the report the 58 companies demonstrated the success of Nigeria s efforts to diversify its economy The report declared Industry is the biggest sector to be represented in Nigeria with 17 companies featuring on the list This is closely followed by consumer services where 11 providers have been selected demonstrating the success of Nigeria s efforts to diversify its economy Prominent among the companies listed by the report are Beloxxi Industries Limited biscuit producers of popular brand Beloxxi Cream Crackers Also on the list are Interswitch an electronic payment processer Channels Television Arik Air FAN Milk International and CHAMSOthers are Mouka Limited mattress manufacturers and Sigma Pensions The report also listed online marketing concerns such as JUMIA KONGA and St Nicholas Hospital in the health sector It quoted LSE International Development Secretary Priti Patel as saying LSE s first ever Companies to Inspire Africa report is proof of the dynamism and vision of the City of London in supporting Africa s growing economies Now is the time for UK businesses to seize the opportunities offered by Africa and the UK Government is supporting the City of London to become the global financial centre for the developing world This will help Africa industrialise faster trade more and create millions of jobs driving the continent forward to a future of prosperity and helping some of the world s poorest countries stand on their own two feet Xavier Rolet Chief Executive LSEG said For the first time ever we have identified hundreds of Africa s most inspirational and dynamic private companies The report demonstrates the huge role that small and medium size enterprises are playing as the driving force behind African economies developing skills creating high quality jobs and delivering growth London Stock Exchange has made it a mission for over 300 years to support access to growth capital for small and large companies in all parts of the world LSEG according to Rolet is proud to play its part in this great economic journey by shining a light on Africa s success stories Edited By David Onilede Idahosa Asowata
    58 Nigerian companies among fastest growing in Africa, says London Stock Exchange
    Economy6 years ago

    58 Nigerian companies among fastest growing in Africa, says London Stock Exchange

    NAN-HE-18

    Companies

    Abuja, March 31, 2017 The London Stock Exchange Group (LSEG) on Friday launched a report that listed 58 Nigerian companies among the fastest growing private businesses in Africa.

    The report published on the LSEG website-www.lseg.com in London and accessed by the Nigeria News Agency in Abuja, identified 343 companies in 42 African countries.

    It described the Nigerian companies, including small business concerns that made the list, as the most exciting and promising.

    According to the report, the 58 companies demonstrated the success of Nigeria’s efforts to diversify its economy.

    The report declared: ‘Industry is the biggest sector to be represented in Nigeria, with 17 companies featuring on the list.

    “This is closely followed by consumer services, where 11 providers have been selected, demonstrating the success of Nigeria’s efforts to diversify its economy.’’

    Prominent among the companies listed by the report are Beloxxi Industries Limited, biscuit producers of popular brand Beloxxi Cream Crackers.

    Also on the list are Interswitch, an electronic payment processer, Channels Television, Arik Air, FAN Milk International and CHAMS

    Others are Mouka Limited, mattress manufacturers, and Sigma Pensions.

    The report also listed online marketing concerns such as JUMIA, KONGA and St Nicholas Hospital  in the health sector.

    It quoted LSE International Development Secretary, Priti Patel as saying: “LSE’s first-ever ‘Companies to Inspire Africa’ report is proof of the dynamism and vision of the City of London in supporting Africa’s growing economies.

    “Now is the time for UK businesses to seize the opportunities offered by Africa, and the UK Government is supporting the City of London to become the global financial centre for the developing world.

    “This will help Africa industrialise faster, trade more and create millions of jobs, driving the continent forward to a future of prosperity and helping some of the world’s poorest countries stand on their own two feet.”

    Xavier Rolet, Chief Executive, LSEG  said: “… For the first time ever, we have identified hundreds of Africa’s most inspirational and dynamic private companies.

    “The report demonstrates the huge role that small and medium size enterprises are playing as the driving force behind African economies: developing skills, creating high quality jobs and delivering growth.

    “London Stock Exchange has made it a mission for over 300 years to support access to growth capital for small and large companies in all parts of the world.”

    LSEG, according to Rolet, is proud to play its part in this great economic journey by shining a light on Africa’s success stories.


    Edited By: David Onilede/Idahosa Asowata