2019 Africa’s Travel Indaba Date Brought Forward

The 2019 Africa’s Travel Indaba will take place from 02-04 May 2019 at the Inkosi Albert Luthuli International Convention Centre in Durban.

This means that Indaba has been brought forward by four days.

Last week, President Cyril Ramaphosa, announced in his state of the nation address that the national election will take place on 08 May 2019. This would have coincided with Indaba.

A task team was set up by the CEO of South African Tourism (SA Tourism), Sisa Ntshona, to explore all available options and it was decided that moving Indaba forward was the best possible option.

The task team comprised of representatives of the following organisations:

  • SA Tourism
  • Department of Tourism
  • Durban ICC
  • Tourism KZN
  • Tourism Business Council of South Africa (TBCSA)
  • eThekwini

The task team took into account various factors and permutations in reaching the new date.

“The national election is the cornerstone of our democracy and is a celebration of our freedom in South Africa,” says Ntshona.

“It’s an important date and occasion for all South Africans and we need to acknowledge and respect the date.”

“At the same time, I must express my heartfelt gratitude to the Tourism industry for their understanding of the situation, I have received many calls, emails and texts with advice and support. I am really impressed to experience how the tourism sector gets together. I also want to thank the Indaba Organising Committee involved with Indaba – they are Tourism KwaZulu Natal, ICC and eThekwini (Durban Tourism) – for being accommodating with regards to the change,” added Ntshona.

“From a Tourism Business Council of South Africa (TBCSA) perspective, we presented comprehensive views of the sector to the task team and ultimately the key thing for us was to get a new date as quickly as possible,” commented Tshifhiwa Tshivhengwa, CEO at TBCSA.

“We will now work with all our trade partners to ensure that there is smooth transition into the new date as many would’ve had plans in place already for the previous date. We still have a key role to play in achieving Indaba’s objectives of selling South Africa and the continent to the rest of the world.”

Indaba is the African continent’s biggest travel exhibition show.

Last year over 7 000 delegates attended from 80 countries.

Registrations for buyers and exhibitors are still open. For more information, visit www.indaba-southafrica.co.za

UK Announces Winners of ‘Go Global Competition

Last Friday at the British residence in Lagos, the British Deputy High Commission today hosted the Nigerian leg of the 2019 Go Global Africa Programme. 15 start-ups, selected from an unprecedented 340 entries, presented their pitches to a combined Nigerian and British panel of tech experts at the British Deputy High Commissioner’s Residence in Ikoyi, Lagos.   The winning entries will now travel to the UK in late March for a two-week immersive programme of support.

 The businesses who pitched are all active in fields aimed to create a better future for Africa, with a specific focus on Water, Connectivity, Digital Health, Fintech and Agritech.

UK Deputy High Commissioner Laure Beaufils said:

“I am delighted to host the 15 pitches today.  The huge Nigerian interest in Go Global shows just how much huge entrepreneurial talent and potential already exists in Nigeria’s digital economy.  I’m committed to bringing together the best of the UK’s tech sector with Nigeria’s tech entrepreneurs. This is a win-win for both our economies. The Go Global programme is the first of many support programmes, particularly in the areas of tech and financial inclusion that we will be working with Nigeria on, following the commitments made last August when the Prime Minister visited Nigeria.  “

She also added that due to the volume and quality of applications received in Nigeria the number of Nigeria, two additional slots had been awarded, bringing the number of winners up to 7 from 5.

The winning Nigerian entrepreneurs are : RemindMe, an app by Innovation corner that would use USSD and text to remind new mothers of vaccination dates, Piggybank; an automates savings and investment solution, Social Lender; a money lending solution that uses social media platforms, Thriveagric; a program that lowers the entry barrier for people willing to invest in agriculture by connecting farmers to crowdsourced finance, Helium Health; a hospital management software, Helpmum; an app that provides healthcare information to combat maternal and infant mortality, and eTrash2Cash; an online platform that will help low income & marginalized women earn & save cash benefits for gathering trash for recycling.

Prominent UK tech sector leader Gary Stewart, Director of Wayra UK and a panel judge, said: “I’ve been deeply impressed by the quality of the Nigerian start-ups pitching today.  The UK’s tech sector thrives on international collaboration and I look forward to seeing more Nigerian companies look to the UK for finance and business opportunities.”

Minister for Digital Margot James said: “This is a fantastic opportunity to support Nigerian start-ups and entrepreneurs to build their businesses and develop solutions to global challenges. I congratulate those firms chosen to participate in this exciting and intensive programme in the UK. It is an integral part of the deep UK-Nigeria tech partnership announced during Prime Minister May’s visit to Africa in August and will be a real boost to those using technology to improve people’s lives.”

The UK is ideally placed to be Nigeria’s go to tech partner. The UK has produced 1 in 5 of the continent’s billion-dollar tech unicorns and is home to the big European tech investors, with 7 of Europe’s 10 leading unicorn venture capital hunter funds. More than 2.1 million people work in the UK’s digital economy.   The scheme aims to boost both countries’ economies and help the UK achieve its aim of being the best place in the world to start and grow a digital business.

Moët & Chandon’s “The Film Gala” honoring up and coming short filmmakers in the Nigerian film industry.

LAGOS – The inaugural edition of The Film Gala®, hosted by Osas Ighodaro-Ajibade,  2010 Miss Black USA Pageant winner and acclaimed actress, and by Toni Tones, singer, songwriter and actress, at the Wings Tower, Victoria Island, and presented by Filmhouse Cinemas, in partnership with Moët & Chandon, was held on the 26th of January, 2019. Filmhouse Cinemas, the premiere movie/film platform in Nigeria and Moët & Chandon, the official champagne of the Golden Globes, collaborated to bring to the forefront of the Nigerian film industry bodies of work that are breaking the norm in contemporary Nigerian cinema and inspiring really creative pieces of art. And as such, it was no surprise that the theme of the night was “Married To The Arts.”

 

Gracing the purple carpet of The Film Gala was the crème de la crème of the entertainment industry. The likes of Ngozi Nwosu, Chinedu Ikedieze, Shaffy Bello, Dakore Egbuson, Alex Ekubo, Kemi Adetiba, Iretiola Doyle, Oyeka Udoka, Waje, Omawumi, Abimbola Craig and Timini Egbuson were among the celebrities in attendance. Many more A-list industry stars, music luminaries and the upper echelon of Lagos society made their way to the gala in the most elegant fashion.

The Film Gala was curated to celebrate and honor the works of our game changers and groundbreaking members of our ever-blooming film industry. The gala featured the best of Nollywood and various initiatives that left strong imprints in the industry, and society as a whole. Most importantly, it was an event that reflected the continuity of support, promotion of opportunity and growth that the community has given to Nigeria’s growing film industry. In that same vein, the Film Gala awarded Michael Akinkunle Akinrogunde, an AFP Alumnus and filmmaker with Accelerate TV,  with a One Million Naira cash prize from VISA and Filmhouse Cinemas, a distribution deal on his first feature-length film, and with The Lady®, its official statuette, for his short film, “Penance.” The young filmmaker was voted ‘best short film director’ and his film voted ‘best short film’ by the audience via live visual audience votes after his film and other incredibly outstanding shorts, carefully selected and nominated, were viewed.

The Film Gala was curated to celebrate and honor the works of our game changers and groundbreaking members of our ever-blooming film industry. The gala featured the best of Nollywood and various initiatives that left strong imprints in the industry, and society as a whole. Most importantly, it was an event that reflected the continuity of support, promotion of opportunity and growth that the community has given to Nigeria’s growing film industry. In that same vein, the Film Gala awarded Michael Akinkunle Akinrogunde, an AFP Alumnus and filmmaker with Accelerate TV, with a One Million Naira cash prize from VISA and Filmhouse Cinemas, a distribution deal on his first feature-length film, and with The Lady®, its official statuette, for his short film, “Penance.” The young filmmaker was voted ‘best short film director’ and his film voted ‘best short film’ by the audience via live visual audience votes after his film and other incredibly outstanding shorts, carefully selected and nominated, were viewed.
Seyi Tinubu, CEO of Loatsad Promomedia, presented the award to Michael Akinrogunde, while the representatives of Filmhouse Cinemas, Lolu Desalu and of Moët & Chandon, Elizabeth Oputa, addressed the audience on this groundbreaking artistic partnership that will ultimately redefine award season in the industry and the film industry as a whole. Moët & Chandon has a long-standing affair with cinema and this innovative partnership with the foremost cinematic platform in the Nigerian industry, Filmhouse Cinemas, is sure to make luminous the magic in all the budding talent and art within the industry.

The team behind the gala, Filmhouse Cinemas, and Moët & Chandon, definitely brought the theme of the event to life with the decor and ambiance that depicted classical art and opulence. They also presented fine dining to their guests through the exquisite and sumptuous dishes of chef extraordinaire, Chef Eros. Guests were served a four-course meal consisting of Lobster Bisque, Duck Salad, Poached Chicken and an assortment of desserts. All the meals were paired with the finest selections of champagnes within the Moët & Chandon’s range.
The post-gala after party followed immediately after this exclusive event, which was held by the waterside of the Wings Tower, a specially extended section outside the main auditorium the gala event was held in. It began with an explosion of fireworks as guests danced and mingled, popping Moët and Chandon champagne and Hennessy bottles, revelling in the magic and grandeur of the lit night sky. And what a beautiful night it was!

South Africa Tourism Gives Back To Travel Trade By Curating Specialist Hosting

In the business of travel, tour operators, DMC’s, travel agents, and online retailers play a significant role in attracting international visitors to South Africa. Most travelers across Nigeria & Ghana use the services and expertise of Travel Agents & Tour Operators to assist them with their travel arrangements from decision of the best destination to travel to specific travel logistics such as flights, accommodation, transfers, tours, etc. To this end, South African Tourism has consistently invested in Training & Development of Travel Agents & Tour Operators in the markets it operates in order to equip them (Travel Agents & Tour Operators) with the knowledge and experience of selling the amazing destination and providing professional services and memorable experience to their clients.

These objectives were part of what South African Tourism set out to achieve with the South Africa Travel Trade Specialist Hosting for industry graduates of the SAT owned SA Specialist Online Course winners during the 2018 Trade Training & Graduation Ceremony that took place between the 18th to 26th of November 2018 across Nigeria (Lagos, Abuja & Porthacourt) & Ghana (Kumasi & Accra). By working to support both local and international travel trade partners through education about South Africa, tools to assist with the marketing of South Africa and South African products, SAT strives to unlock opportunities for more business in the tourism value chain.

The 26 guest, representing various travel agencies, tour operators, wholesalers, media, and a Trade influencer to spice the group was an engaging mix of distribution partners, from Nigeria and Ghana who were treated to 9 days of lots of fun, food, and frolic! The team, led by Trade Relations Manager, South African Tourism West Africa, Mohammed Tanko Kwajaffa departed Lagos and Accra on the 18th of November for Johannesburg; arriving at the O.R Tambo International Airport in the early hours of the 19th. Thereafter, the guests were taken to lovely Mount Grace Resort by Marriot Hotel Group, which is quite simply, a dream as they were warmly welcomed and treated to “Spa treatments” to calm their jet lag. Barely an hour drive from the O.R Tambo Airport to Mount Grace resort just outskirt of Johannesburg still within the Gauteng province, a picturesque heavenly countryside resort that boasts the perfect retreat to get away from the crazy hustle and bustle of Joburg vibrant city life.

The days after rolling out the robust itinerary filled with new adventures and experiences  within the proximity of the resort for the guests specially curated to give them a chance to experience firsthand what they learnt from the online course in the most gratifying way such as meting the locals of South Africa who were extremely welcoming to them as foreigners who came to experience their rich culture and history. They further immersed themselves in the evolution of life by visiting the “Sterkfonein Caves” (where life is said to have begun) and at same location the “Cradle of Human Kind” museum to complete the historical experience back in time with lunch at the lovely Maropeng Hotel.

While the team lodged at Mount Grace, they got to visit the Lesedi Cultural Village which celebrates the diverse cultural traitions of Southern Africa. From Zulu people to those of Xhosa origin, Pedi, Basotho, and so on. South Africa has a rich diversity of people and cultures and 11 official languages. Lesedi Cultural Village allows visitors to really explore the glorious diversity of the people of this mazing land that is often referred to as the “Rainbow Nation”. While they dinned diversely enjoying great South African cuisines, the group dared their hearts on Zip Line at Ama Zwing Zwing Adventures and speed boat cruise around Hartebeesport Dam, the biggest dam in the Gauteng & North Western area supplying water for Johannesburg and surrounds.

From Mount Grace Resort in Gauteng Province, the team flew to “The Mother City”, Cape Town and got to soak themselves in the beauty of the Victoria and Alfred Waterfront. This waterfront is so incredible in the sense that it’s not just a canal city but the actual sea meets the city to create a natural convergence of land and sea, where the city is built around and on the ocean. The guests got to learn a lot about the history of the Waterfront and of Cape Town and enjoyed leisurely activities such as, riding the Big Wheel at the Waterfront for less than a R100 and walking through the mall, which is in itself, an experience which ended with a high as they settled in the magnificent Marriot Crystal Hotel at Century City in with its spectacular rooms and next to Canal Walk Mall providing opportunity for per minute shopping.

The days following included hoping onto the Red Bus for a detailed Tour of the Mother City all the way to the Table Mountain for an amazing view of the charming city from above 3500ft above sea level. As the group came down, there was an arcade of Side Cars waiting to take them on a thrilling race to Oudekraal Picnic Beach for a South African picnic with a lot of dancing and later another full on african dinner at the Gold Restaurant. The Wine Tram experience in the Franschhoek Wine Farm with a Champagne Sabrage. The evening was sumptuous dinner at the glamorous Southern Sun Cullinan with a surprise Jellof rice by the Chef and ended up at the popular Cubana to dance off the over feeding.

The day before departing Capetown, the group had a closer connection with the locals during a foot tour of Boakap Village and the Township which ended up with a typical traditional South African Shisanyama lunch at the “RANDS” lifestyle outdoor lounge, eating, drinking & dancing with the locals. Later that evening, it was a quick stopby at “Aarons Place” Nigerian restaurant for some pepper soup, Eba & others delicacies. The next day at the departure after one last sumptuous breakfast at the Marriot Crystal Hotel, the group stepped out hopping to jump into their regular luxurious bus only for them to find the iconic “Haley Davidson” bikes waiting to take them on the ride of their lives to the airport………. What a closing!

There is no doubt that the travel agents and media were astounded by the richness of this country. They used every sense: smell, sight, taste, sound, and touch, to really experience and appreciate the plethora of culture and history in South Africa. Their taste buds also got introduced to a variety of food and South Africa offers a vibrant cuisine that is sure to excite the palate!

“We really enjoyed every bit of the tour and the hosting and the Host are very very friendly and caring, in fact we are happy to be associated with such wonderful people & land (Musa Muhammed Tahir – Abeer Travels & Tours Abuja)

On the whole, the program was interesting, and the tourist sites are just superb. (Chidozie – The Afritraveller)

The participation and diverse category of the specialist hosting group, increased engagement amongst travel agents and stakeholders on the trip opening their eyes and minds to the beauty of South Africa.

LOVE AND DINE WITH YOUR HEART AT MARRIOTT HOTELS IN NIGERIA

Romantic getaways, great meals, exceptional offers

In the famous words of Henry David Thoreau “There is no remedy for Love but to love more”, in this spirit, Sheraton Hotels in Lagos and Abuja have created the perfect ambience for a Romantic staycation or dinner with loved ones to make your valentine’s day truly special.

According to Barry Curran- General Manager for Marriott Hotels in Nigeria “Our hotel teams have truly “gone beyond” to create unforgettable love filled moments for all who come in through our doors.

Sheraton Lagos Hotel with its location at the epicentre of Ikeja’s bustling area, is delighted to celebrate the most magical time of the year with exceptional packages for both classic and club rooms. Rates will start from N66,000 and those who book these rates will get inspirational valentine gifts.

To add more spice to your day with us, a photo booth will be set up beside our Pumpkin Leaf Restaurant where lovers can take pictures and selfies. We then encourage our Guests to head up to our Pumpkin Leaf or Italian Restaurants for a delightful Valentine’s Day dinner; specially curated to spark up the evening and all-inclusive of a valentine’s day welcome cocktail at N16,500 per person and N33,000 per couple.

Our ingenious Executive Chef and his expert team have come up with a variety of sumptuous dishes and our customers are sure to delight their palates with offerings such as smoked Norwegian salmon, shrimp cocktail with tropical fruits, prawns bisque, prime beef fillet, heart shaped potatoes, whole oven roasted ram, roast chicken a l’orange, jollof rice, white forest gateau and more.

We will offer roses to the ladies, a live band to keep diners entertained and to top it off, 20% discount dinner vouchers will be handed over to each couple who dines at our Italian Restaurant during the Valentine’s evening.

Sheraton Abuja Hotel teams have put together a unique collection of Valentine’s Day experiences. The packages include special Valentine’s day offers for diners at all our four restaurants, a transformational arrival through a Love tunnel as well as free rose stems for the first 80 ladies to arrive.

To ignite the reason for the season; we will set up a cozy love photo booth for those pictures and selfies that create long lasting memories.

Couples are welcome to enjoy an elevated buffet dinner at our continental Papillon Restaurant or indulge in an inspiring waterfront buffet dinner experience at our Pool Bar & Restaurant all-inclusive of a complimentary glass of mocktail on arrival and live music entertainment for just NGN11,000 Per Person.

We are also happy to offer an original taste of Italy at our Luigi’s Italian Restaurant for our patrons looking to enjoy authentic Italian cuisine at just NGN22,000 Per Couple with a free glass of wine on arrival.

While at NGN30,000 Per Couple you can enjoy an enriching 3 course set menu at our Obudu Grill steak house restaurant and a complimentary bottle of prosecco.

A complimentary proposal package is available for our customers who call on or before the 8th of February 2019 for pre-arrangements.

All Diners will stand a chance to win either a couple’s weekend get-away or a couples Steam & Sauna session at the Sheraton Abuja Hotel

Our accommodation package is not left as you can equally relax over a staycation with us from the 14th – 17th of February for just NGN39,999 Per Night all Inclusive of taxes & breakfast for 2 Adults.

Sheraton Lagos and Sheraton Abuja will be beautifully decorated to reflect the valentine spirit as we look forward to celebrating Valentine’s Day with everyone” says Barry Curran

At our Sheraton Hotels in Lagos and Abuja we go beyond in our efforts to create long lasting memories and by doing this we believe that we have strengthened our place not just as a hotel for business travelers but as destinations that create experiences for leisure seekers too.

Seun Ayeni recreates Ekiti song in ‘Olorun Abo’

Taking a trip down to his Ekiti origin, Seun Ayeni fondly called GGG (Godly Gorgeous Genius) releases a new gospel track titled ‘Olorun Abo’

The song is a remake of a household gospel song originally written generations ago in Ekiti dialect.
With verses sung in English language and chorus in Yoruba, the song is bound to make you appreciate God’s guidance and protection over your life.

MI, CHIGUL, 2FACE and and many others at Joyful Joy’s LAUGHFEST – a variety show fundraiser SUCCESSFUL for a worthy cause

Lagos, Nigeria, – December 20th, 2018 – The Joyful Joy Foundation and its founder, Osas Ighodaro Ajibade, held the successful ‘LaughFest’ variety show fundraiser to an excited and supportive audience raising funds towards the fight against malaria.

 

Terra Kulture Arena provided a state of the art backdrop for the evenings fundraiser. Opening the event was singer, Precious Emmanuel, with a beautiful rendition of national anthem and a dance performance from ‘Squad 1 productions’. The host for the night, Chigul, kept the audience smiling and laughing throughout the entire show. The energy was high with comedy acts from Basketmouth, Bovi, Buchi and Kenny Blaq. The stage was then electrified with performances from 2Baba, M.I., Falz, MartinFeelz & GreyC. The audience was highly entertained with DJ Obi on the mix and the celebrity date bid featuring Don Jazzy, Falz, Dillish Mathews, Toni Tones, Sharon Ooja, Timini Egbuson, Lynxxx and Cynthia CeeC Nwadiora. It was such a successful part of the evening keeping the audience on their toes with shouting and screams of bids raising over N2 million naira collectively. The winning bidder had a date with the chosen celebrity at the Pearl Lounge in Eko Atlantic sponsored by Moet & Chandon.

In attendance included Shaffy Bello, Annie Idibia, Tola Odunsi, Uru Eke, Debola Williams, Dolapo Oni, Jimmy Odukoya, Michelle Dede, Alexx Ekubo, Kaylah Oniwo, Ebenezer Eno, Lilian Afegbai, Iyke & Florence Okechuckwu, Eniafè Momodu, Tiwa Works, BamBam, Ini Dima-Okojie, Mimi Onalaja, Jimmy the Entertainer, Tomi Odunsi, Kene Okwuosa, Moses Babatope, Melvin Oduah, Deyemi Okanlawon, Erica Okundaye, Regina Giwa, Rekiya Yusuf, Chinyere Adogu, Taje Prest, Olumide Oworu, Kanayo Ebi, Elizabeth Pam, Omowunmi Akinnifesi and many more.

Laughfest 2018 raised over 2 million naira through ticket sales, celebrity date bids and donations. The Joyful Joy Foundation is to have it set to hold the malaria outreaches throughout 2019. We are excited to prepare for ‘Laughfest 2019’ fundraiser event slated for December 19th, 2019 in Lagos, Nigeria.

Laugh Fest symbolizes a variety show with a heart. Guests experienced a great time while knowing that their support will have a long-term impact on saving lives. JJF has been visiting vulnerable communities in Nigeria since 2013, and has positively impacted over 30,000 lives. JJF looks forward to impacting more lives in the coming 2019 year.

Joyful Joy Foundation sends a big thank you to their sponsors Access Bank, Jumia Travel & Moet & Chandon.

Many thanks to our supporters and media partners: House of Tara, Angle Villa, MedPlus Pharmacy, Sweet Kiwi, Some Solutions, Link Deeds Company, Girl Hub Africa, Echo it Out, Byrd Lagos, Bailamos Dance Company, Squad 1 Productions, Nolly Nolly Popcorn, HipTV, Accelerate TV, Beat 99.9 FM, Bella Naija, PulseNG, FuzeNG, Ynaija, Aforevo, Africa Movie Channels

 

 

Nigerian growth companies lead representation in LSEG’s ‘Companies to Inspire Africa 2019’ report

  • 2019 report identifies a new cohort of fast growing and dynamic private businesses across Africa
  • 360 companies selected from 32 countries
  • 97 Nigerian companies included in the report: largest representation of companies featured, constituting 27% of the featured firms in the report.
  • Strong emphasis on Industry and Technology & Telecoms in Nigeria, with just under half of their companies coming from these sectors
  • Exceptional growth rates for Nigerian firms reflected in featured CAGR of 47% revenue CAGR and average employee CAGR of 23% over 3 years
  • 22% of Nigerian companies in the report are led by women

 

Today, London Stock Exchange Group launches the second edition of its ‘Companies to Inspire Africa’ report, identifying and celebrating some of Africa’s most dynamic growth businesses. David Schwimmer, CEO, London Stock Exchange Group was joined by International Development Secretary, Penny Mordaunt to welcome guests including the CEOs of featured companies, African government representatives, Africa-focused investors and trade groups to the Group’s London headquarters. Also, in attendance were official partners to the report, the African Development Bank, Asoko Insight, CDC Group and PwC, together with sponsors Instinctif Partners and Stephenson Harwood.

International Development Secretary, Penny Mordaunt, said:

“Africa is going through a period of enormous change. Five of the world’s fastest-growing economies are African and by 2050 a quarter of the world’s population will live there. This growth presents unique opportunities for us all.

“The Companies to Inspire Africa report highlights the leading private companies operating in Africa, which have the most inspiring stories and the strongest growth potential

“By combining African-led ambition with British expertise we can unlock investment and create more jobs for Africa and the UK. This is a win for Africa and a win for the UK.”

David Schwimmer, CEO, LSEG, said:

“London Stock Exchange Group’s ‘Companies to Inspire Africa’ report showcases inspirational and entrepreneurial businesses from across the African continent, representing a wide variety of industries and countries. It is particularly encouraging to see the increasing influence of women in leadership roles in these fast-growing companies, playing a pivotal role in shaping the future of African business.

These high growth companies have the potential to transform the African economy and become tomorrow’s job creators.  At LSEG, we are committed to helping companies realise that potential and we are pleased to highlight and celebrate the company success stories behind one of the world’s fastest growing markets.”

Uyi Akpata, West Africa Regional Senior Partner, PwC, said:

“We are extremely honoured to partner again with London Stock Exchange Group for the second series of the ‘Companies to Inspire Africa’ report. At PwC, we view private businesses as a critical catalyst to job creation, economic growth, and innovation. Initiatives such as this help expose these companies to a global audience, and we hope will lead to further collaboration across border with London-based investors and strategic partners. It is also great to see the public sector represented here. It is an important testament to their commitment to supporting the private sector and continuing to drive improvements in ease of doing business.

We are also looking forward to hosting the Lagos launch, especially given Nigeria has the single largest representation with 97 of the 360 companies. We at PwC are committed to supporting private businesses and applaud London Stock Exchange Group for this initiative.

Catriona Laing, British High Commissioner to Nigeria said:

“I am delighted to see that a large number of Nigerian companies feature in this year’s Companies to Inspire Africa (CTIA) report. This shows the innovation and talent of Nigerian business men and women, and the opportunities that the country offers for Small and Medium Enterprises. I look forward to meeting as many of these businesses as possible over the years to come. They will have a key role to play in economic development and job creation in Nigeria.”

 The 2019 report in numbers:

  • The 2019 report identifies 360 companies from 32 countries across the African Continent with 7 major sectors represented.
  • Revealing exceptional rates of growth amongst this year’s cohort, with average revenue Compound Annual Growth Rate (CAGR) at 46% and average employee CAGR at 25%, over three years, the report highlights the entrepreneurial and dynamic landscape of the African private sector.
  • Companies featured include small entrepreneurial businesses through to well-established corporations
  • Nigeria (97) and Kenya (66) led the countries represented in the report this year
  • Nigeria further built on its leading position established in the 2017 Report with strong representation from the Industry and Technology & Telecom sectors
  • The East-West African axis dominates this year’s Report with 130 companies from Western Africa and 147 from Eastern Africa
  • 23% of the companies are led by women, almost double the proportion in the 2017 report: Standout sectors where senior female executives are having a big impact are Healthcare & Education and Financial Services, with 39% and 31% are led by women CEOs
  • Agriculture remains an important sector for the continent with 53 companies, almost 15% of those featured
  • The companies in this year’s report are creating significant employment opportunities across Africa with each company employing an average of 363 people

The report was produced in partnership with African Development Bank Group, CDC Group, PwC and Asoko Insight who contributed their insight and expertise to select the featured companies, and the report is sponsored by Instinctif Partners and Stephenson Harwood.

A comprehensive searchable database of all the companies along with a downloadable PDF of the publication is available online at www.lseg.com/inspireafrica.

London Stock Exchange Group has a long history of supporting the development of African capital markets and investment in African companies. To learn more, click here.