Obijackson Group makes LSE’s Africa report
The London Stock Exchange Group (LSE) in its inaugural edition of its ‘Companies to Inspire Africa’ report, listed three companies from the Obijackson Group – Nestoil, Energy Works Technology (EWT), and B&Q Dredging.
The report showcases Africa’s success stories to international investors, policy makers and other stakeholders in the global space.
The World Bank Treasurer, Ms. Arumah Oteh, said: “The companies profiled in this report, not only generate vital employment opportunities and contribute to sustainable economic growth, but are also the bastions of Best Practices and Good Corporate Governance.
“They have also had to weather the challenges that African private entities often have to contend with, notably a difficult operating environment, weak infrastructure and inadequate access to finance.”
The Chief Executive Officer of LSE Group, Xavier Rolet, noted that “the motivation behind researching and publishing this report, was to demonstrate what we instinctively believe – that these companies are fundamental to the successful future of the African economy, with enormous potentials for growth and high quality job creation.
“High growth private companies are fast becoming the driving force behind African economies: and are developing skills, creating high quality jobs and driving economic growth.”
But the Group Managing Director, Obijackson Group, Dr. Ernest Azudialu-Obiejesi, said: “This recognition has joined the list of factors propelling our Group forward to the achievement of greater level of Best Practices, Good Governance, Quality and Efficiency, in our effort to help lift a huge number of people out of poverty on the African continent.
“We happily accept the recognition and interpret it as a call for us in the Obijackson Group to remain focused in our mission of contributing substantially to economic growth, further creation of quality jobs, training and sustaining some of the best talents in Africa, generation of tax revenues and helping to drive forward our continent of Africa that is home to more than one billion people.”
For a member of the British Parliament and the British Secretary of State, Department for International Development, Priti Patel, “Companies to Inspire Africa’ showcases some of the outstanding stories of innovation, bravery and growth across the continent.
“It brings Africa’s entrepreneurial spirit to an international audience, and I would like to congratulate all the companies featured, for their vision, ambition and tenacity. It is their success that will drive Africa forward to a future of prosperity and away from reliance on international aid.”
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