Category: Women In Business

  • Five entrepreneurs’ march to global stage

    Five entrepreneurs’ march to global stage

    The Africa Netpreneur Prize Initiative (ANPI) created by the Jack Ma Foundation is aimed at supporting and inspiring the next generation of African entrepreneurs across all sectors. Its 2020 Africa’s Business Heroes (ABH)  prize holds today, with five budding women entrepreneurs among the top 10 finalists. Assistant Editor CHIKODI OKEREOCHA looks at the exploits of the women entrepreneurs eyeing a share of the $1.5 million prize pool.

     

    Africa’s entrepreneurial ecosystem is evolving rapidly. And the intriguing thing about the emerging ecosystem that is already creating jobs and economic opportunities for the continent is that a group of young and dynamic women entrepreneurs is determined to be on the driver’s seat; they are giving their  counterparts a run for their entrepreneurial prowess and investments.

    For instance, five budding women entrepreneurs are among the top 10 finalists for the 2020 Africa’s Business Heroes (ABH)  prize, a flagship philanthropic programme created by the Jack Ma Foundation’s Africa Netpreneur Prize Initiative (ANPI) which holds today.

    The ANPI is spearheaded by the Jack Ma Foundation. It was launched to identify top entrepreneurs from across the continent, not only to reward them, but also to inspire a whole new generation of potential game-changers for Africa.

    Under the initiative, the foundation set aside a $10 million grant to be awarded to 100 African entrepreneurs over the next 10 years. In other words, the ANPI is awarding $1 million each year for 10 years. And this is done at an annual pitch competition where the top 10 finalists will compete to win a share of the prize money.

    The prize is open to entrepreneurs from all industries. But Ma especially encouraged those running small businesses, those making a difference in their local communities and women entrepreneurs to apply.

    The inaugural Africa Netpreneur Summit and “Africa’s Business Heroes Show” was held at the Accra International Convention Centre (AICC), Ghana, November 2019. The 2020 edition, which is virtual, holds today, and winners will be announced tomorrow.

    Five women entrepreneurs, whose innovativeness, resilience and entrepreneurial acumen are helping to build a more sustainable and inclusive economy for the continent’s future, are among the top 10 finalists.

    They include Founder/CEO, Bright Green R. Energy (Kenya), Chebet Lesan; Co-founder and Executive Director, Moneymart (Zimbabwe), Ethel Mupambwa.

    Others are CEO/Founder, Uganics  (Uganda), Joan Rukundo Nalubega; CEO/ Founder, Diarrablu (Senegal), Mame Diarra Bousso Gueye; and Founder, MST Junior School (Uganda), Dr Emma Naluyima Mugerwa.

    These five outstanding women entrepreneurs, representing 50 per cent of the 10 finalists, will join five their male counterparts to pitch at the competition’s online grand finale for a chance to win a share of the $1.5 million Africa Netpreneur prize.

    The Nation learnt that the 10 finalists were selected from over 22,000 applications across 54 African nations, following several rounds of rigorous and painstaking evaluation.

    With an average age of 34 years, the top 10 represent eight African countries — Nigeria, Cameroon, Côte d’Ivoire, Ghana, Kenya, Senegal, Uganda, and Zimbabwe, and their businesses span key industries such as agriculture, fashion, education, healthcare, renewable energy, and financial services.

    The top 10 heroes will present their business ventures, as well as their vision and leadership profile, to the finale judging panel that includes Founder of the Jack Ma Foundation and the Alibaba Group, Jack Ma; Chairman of FirstBank of Nigeria and Founder/CEO of The Chair Centre Group, Ibukun Awosika.

    Other judges are Founder and Executive Chairman of Econet Group, Strive Masiyiwa; and Executive Vice Chairman of the Alibaba Group, Joe Tsai. ABH televised show featuring this year’s competition will air this month and December.

    The exclusive virtual event is an opportunity to hear directly from the ABH 2020 finalists on their journey in the competition so far, their businesses, and how they are working to solve pressing problems in their countries.

    Indeed, for the five women entrepreneurs, it’s been an exciting journey signposted by innovativeness, doggedness, resourcefulness and, of course, challenges. And these are factors that will sway the judges in favour or against the finalists.

    For instance, Chebet’s BrightGreen is a hardware-tech company that designs machines to recycle farm waste into eco-friendly, energy-efficient cooking fuel blocks. With the tagline, “Revolutionising Africa’s kitchens”, the company has been producing life-saving fuel bricks that reduce the cost of cooking for underserved communities across Africa and save forests.

    Chebet, a strong believer in gender equality, has a background in Leadership from The University of Cambridge, Product Design from The University of Nairobi, Supply Chain Management from Rutgers School of Business and a Business-Design Fellowship from Massachusetts Institute of Technology D-lab.

    With nine years of experience in finance, Ethel, a Level 2 Chartered Financial Analyst candidate, is also not a neophyte in the entrepreneurial space. She is the executive board member and the managing director at Moneymart Finance, which she founded in 2014.

    With its focus on “Creating Wealth; Changing lives,” Ethel’s Moneymart, a Zimbawean- based microfinance institution, has been offering tailor-made business loans to Micro, Small and Medium Enterprises (MSMEs) and individuals who live off the power grid to access quality solar-lighting kits.

    Ethel is passionate about fighting all forms of exclusion and inequality and is on a mission to positively transform people’s lives by developing solutions that address society’s problems such as financial exclusion, energy-poverty, and decent work, among others.

    Ethel Mupambwa
    Ethel Mupambwa

    Similarly, Dr Emma, a veterinarian, smallholder farmer and educator with a desire to train young people and change their lives through modern and purposeful farming, founded MST Junior School (Uganda). With the tagline, ”Little Seeds, Big Dreams,” MST is a primary school with a unique approach and learning model.

    Its aim was to equip the pupils with unique skills to solve agriculture issues such as food insecurity, waste mismanagement and malnutrition.

    Emma had worked for the National Animal Genetic Resources Centre and Data Bank and as an officer in Entebbe in charge of a Livestock Environmental Station.

    She worked for the President of the Republic of Uganda, Yoweri Kaguta Museveni, on his personal dairy farm to improve the genetics of his herd through artificial insemination.

    She also served as the chairman of Red Cross Mbarara. Emma earned a Bachelor of Science in Veterinary Medicine and Masters of Health Services Research from Makerere University in Kampala, Uganda.

    Also, with the slogan, ”Buy a Soap – Save Lives,” Joan’s Uganics (Uganda) has been a social business that manufactures life-saving organic anti-malaria soap to address malaria, which kills millions of people every year. The soap sells around the world at a high profit margin to subsidize sales to poor populations at the same price as regular soap.

    Joan is a malaria survivor and a social entrepreneur with a vision to fight malaria. The entrepreneur while growing up in an orphanage struggled with malaria, which that inspired her business idea.

    The Ugandan woman entrepreneur subsequently developed an organic soap that repels mosquitoes. It was part of her contribution to fighting the spread of malaria caused by mosquito bites.

    Another outstanding woman entrepreneur eyeing the $1.5 million prize money is Diarra, CEO of Diarrablu. Diarrablu is a Senegalese fashion tech company merging African artisan traditions with technology to empower artisans and build an ethical and sustainable fashion future centred around ancestral African craftsmanship.

    The company is led by Diarra who has experience in finance, mathematics, and design. She is a high school mathematics teacher and clothing designer who uses mathematical equations and transformations to design beautiful textiles and bring the work back to her classroom to share with students.

    Commenting on the ANPI, Ma said: “I continue to be amazed by the passion, resilience, and vision of Africa’s entrepreneurs, and I look forward to meeting these ten extraordinary businesswomen and businessmen at the finale. I am excited to learn more about how they are driving positive change and progress across the continent.”

    The Chinese business mogul and founder of Alibaba Group, a multinational technology conglomerate, said the passion, excellence, and diversity of the finalists reflected the DNA of the competition.

    The ABH programme will recognise 100 African entrepreneurs and allocate $100 million, over a ten-year period, in grant funding, training, mentoring and learning initiatives, access to key networks, and to develop a vibrant entrepreneur community to support Africa’s future business leaders.

  • UK-based firm raises hope  on capital flows to Africa

    UK-based firm raises hope on capital flows to Africa

    By Collins Nweze

     

    A United Kingdom-based company, Jozolu has promised to empower African artisans and entrepreneurs while attracting foreign capital to the continent.

    The firm, which opened its Lagos office at the weekend, is focused on creating wealth for Africans, empowering young entrepreneurs and supporting economic development through job creation and capacity building for the population.

    Speaking during the grand opening of its Lagos office at Ikota Shopping Complex, Victoria Garden City,  Ajah, Lagos, Chief Executive Officer, Jozolu, Olga Dicuasa, said Nigeria’s over 190 million population was a great advantage that entrepreneurs and businesses should explore.

    She explained that Jozolu was established to create employment opportunities for the teeming young population in Nigeria and other African countries, where it will also expand in the nearest future.

    She said the fashion company specialises in men’s shoes and leather products, and will soon start hand-made of women bags, belts, wallets, and shoes, among others.

    In a report on its website, Dicuasa said the need to be financially independent and support young entrepreneurs was motivation for the business.

    “It has always been my dream and desire to support young and talented entrepreneurs, from the motherland, to achieve their dreams. There is so much raw undiscovered talent over there that I made it my mission to discover them, offer them a platform where they can showcase their talent and create a brand at the same time,” Dicuasa said.

    Managing Director, Jozolu, Adetayo Adewole, said: “Jozolu searches for creative local artisans who have great talent and ambition and together we build a brand of high quality premium leather products. All our products are handcrafted with love and passion, therefore they are unique on their own.”

     

     

     

     

     

    Continuing, Dicuasa said the company, which deals on premium leather products began an online shop in January to promote Africa to the world.

     

     

     

    “The idea that Africa is a place people do not love good things is not correct. We want to show the world that we can produce good products with high quality and standard.  After Nigeria, we will expand to The Gambia, Ghana, Bokinafaso, among others. We are currently in search of  good artisans, from black community,” she said.

     

     

     

    She said Nigeria and Morocco are known for having  good leather products adding that the company’s brand promise is ‘handmade in the motherland’.

     

     

     

    According to her : “Although the way things are done here are slightly different, but we are confident of the opportunities in Africa.

     

    There was no need to continually be waiting for foreign countries to come and build factories in the continent, when people in the continent of Africa can even build better factories and empower the people.”

     

     

     

    On affordability of the products, she said: “Our products are not cheap, but those with eyes on quality will go for them. We are looking at products that are also more affordable to be able to reach a wider community. There are people in Nigeria that is also wealthy and N60,000 or N70,000 for a bag is not too much” .

     

  • Chigbo: Boss Mustapha to deliver Realnews 8th anniversary lecture

    Chigbo: Boss Mustapha to deliver Realnews 8th anniversary lecture

    By Chikodi Okereocha

     

    Realnews magazine Online Publisher Maureen Chigbo has announced that the Secretary to the Government of the Federation (SGF) and Chairman of the Presidential Task Force on COVID-19, Boss Gidahyelda Mustapha, will deliver the Eighth Anniversary Lecture of Realnews Magazine, on Thursday, November 19, at the Sheraton Hotel, Lagos.

    The topic of the lecture scheduled to hold by 10 am prompt, is ‘Managing the COVID-19 Global Pandemic in Africa: The Nigeria Experience.’

    As Chigbo explained: “Our choice of the 2020 topic is borne out of the devastating effect of the coronavirus global pandemic on every sector  – health, business and economy, oil and gas and socio-politics worldwide and the spirited effort of the government to curtail the spread of the disease in the county.”

    Chigbo, who made the announcement over the weekend, said: “Against all predictions that Africa will see millions of dead people in the street as a result of COVID-19, this has not happened. The lecture is expected to reveal what African Governments and Nigeria in particular, did to avoid deaths on a massive scale as predicted.

    “The fact remains that at present many Nigerians are still very skeptical about the management of the COVID-19 and its dire consequences in the country if not properly handled. Mustapha will be able to leverage the lecture to tell the story of managing the pandemic as the chairman of the PTF directly to a vast audience from different works of life, thereby bringing government directly to the people and letting them in on the effort of the President Muhammadu Buhari administration to transform the health sector of the country and improve the wellbeing of Nigerians.

    “Also, the lecture presents an opportunity for different health experts to share their experiences on health sector development with a mix of the growing audience following Realnews  magazine services on various media platforms. The Lecture is expected to have massive positive impact on the society.”

    Like in previous occasions, it will also feature a stimulating Panel Discussion by health and economic experts with guaranteed audience participation.

    Realnews past anniversary lecturers include former President of Ghana (2019), John Dramani Mahama; Chairman of the Independent National Electoral Commission (INEC), Nigeria,  (2018), Prof Mahmood Yakubu; former Minister of Education and Vice President, World Bank (2017), Dr Oby Ezekwesili.

    Others were Special Representative of the Secretary General and Head, United Nations Office for West Africa and the Sahel (2016), Dr. Mohamed Ibn Chambas; former Governor, Central Bank of Nigeria (2015), Professor Chukwuma Soludo, and former Chairman, Independent National Electoral Commission (2014), Professor Maurice Iwu.

  • ‘Nigerian fashion has  gained global acceptance’

    ‘Nigerian fashion has gained global acceptance’

    The Founder and Chief Executive Officer of Admire Wardrope, Mrs. Olawumi Ajoke Olatunji, has carved a niche for herself as an exceptional fashion influencer in Nigeria. She personifies the resilience of the African woman, despite the challenges facing women entrepreneurs and the fashion industry in particular. JOSEPH JIBUEZE reports.

     

     

    The African woman is hardworking and resilient. And the founder and Chief Executive Officer of Admire Wardrope, Mrs Olawumi Ajoke Olatunji, epitomise that hard work and resilience, which is why, despite the challenges the fashion industry is faced with, she has stayed the course to meet the fashion needs of her growing clientele.

    Driven by a passion to make others look and feel good, Mrs Olatunji, who started out by selling bedspreads and decorative items while still an undergraduate, has, through her firm, Admire Wardrope, successfully carved a niche for herself as an exceptional fashion influencer in Nigeria and beyond.

    Though she studied Chemistry at the University of Lagos (UNILAG), Akoka and has a Master’s Degree in Industrial and Labour Relations, her passion for style and fashion remains intact. And despite being married to Abiodun Olatunji, a Senior Advocate of Nigeria (SAN), Mrs Olatunji has never been distracted by her family commitments.

    She has remained focused on building her brand and helping people look good, which she said does not necessarily require breaking the bank for. Her words: “I went into fashion business because I like to look good; my surroundings as well. The name of my brand came about because the word ‘admire’ was always used by people to address me anywhere I went to, including overseas.

    “They always told me that they admired my look, my clothes combination, my fashion style, etc.

    “So, I started the brand Admire Wardrope, shortened simply to ADMIRE, sometime in 2002 in Lagos. We are not loud here. If you know us, you know us from the quality of the things we produce.

    “Every cloth made here is meticulously produced and proudly made in Nigeria. If I’m not satisfied with the work, we won’t put it up for sale. Some have had to be taken off for further quality control, improvements, etc.”

     

    Business strategy

    Admire Wardrope aims to meet the fashion needs of women with varied tastes. Mrs Olatunji said: “We work with various fabrics, both local and western – any fabrics at all. Our apparels are for every woman – adventurous, sassy, bold, young, fresh, unmarried, married, deep, reserved and all.

    “I am fashion-inclined. Even when I was in school, I sold bedspreads and home decorations, although on a smaller scale. I never knew I would go into fashion designing someday. Perhaps I would have been a lawyer or an activist because I like the truth and I do not like injustice in any form. I like speaking the truth no matter the situation.’’

    Outside making clothes, Mrs Olatunji is also involved in recycling. ”We can turn a used plastic bottle to something beautiful, remnant fabrics into lovely items, and so on. It’s a God-given gift because I didn’t learn it from anywhere. My vision is to impart this knowledge on the younger generation who are ready and willing to learn.

    “Our brand also includes space improvement and management. You may have a space that you think is small, but we can help you manage and turn it into something beautiful. This we are trying to teach all our employees too, so there’s always work for everyone here at ADMIRE,” she explained.

     

    African women and fashion

    According to Mrs. Olatunji, the good looks of an African woman must never be compromised for whatever reason. She said African women are very strong, especially Nigerian women, and they are also very fashionable.

    She, however, noted that a few years back, African women got tired of tailors who most times disappointed them and did not satisfy their requests. “Things have changed. Now, we have wonderful Nigerian designers with mind-blowing creativity. For instance, everything I’m putting on now is tie and dye so I won’t say we have abandoned our way of dressing.

    “There’s no way we won’t actually inculcate a little bit of western clothes into our style, especially if you’re a working employee. Nigerian fashion brands have taken over fashion and I must commend everyone for that,” she told The Nation.

     

    Dealing with challenges

    Just like every other sector, the fashion industry has its challenges. What are they? “The first is sourcing for fabrics,” Mrs Olatunji began. “If you want your business to thrive, you must use fabrics that are of good quality, durable, weather-friendly, uncommon, she noted.

    She, however, said luckily, there are textile graduates as well as skilled artisans from Nigeria producing beautiful Adire (local fabric), which is taking over the market now.

    “Another challenge is the issue of epileptic power supply. We run on generators. Clothes we’re supposed to produce within a week could end up taking a month to complete. We also have the challenge of good staff members. Some are lazy, some are proud, some are not loyal.

    “Once they know a little bit of the work, they will leave but I’m grateful that I have such a wonderful loyal staff in ADMIRE. This is because we have got a very good structure, which I believe is a solid foundation for any successful business,” she said.

     

    Dream for Admire Wardrope

    “My dream is that my brand outlives me. My dream is also to make women beautiful no matter their size, and to design beautiful spaces,” she said.

    Mrs Olatunji also said she wants to have franchises all over Nigeria in particular and the world in general, so as to put food on people’s table, empower the younger generation and make a lasting impact on people she comes across.

    Does she have any regrets? “No. I don’t have any regrets about what I do. I am fulfilled and I thank God for everything, she said, adding, “My husband is awesome and has been my inspiration. Despite his busy schedule, he has supported this venture from infancy. He inspires me a lot and for that, I’m most grateful.”

     

  • New initiative for women tackles unethical business behaviours

    New initiative for women tackles unethical business behaviours

    Our Reporter

     

    THE African Development Bank (AfDB) and its partners have announces a new ‘Women in Ethics and Compliance in Africa (WECA)’ aimed at addressing corruption, unethical behaviour, as well as providing avenues of support for leadership.

    The Women in Ethics and Compliance in Africa network is a new initiative creating a membership group for women executives and management leading the fight against corruption and non-compliance in business. It made its debut at an online webinar co-hosted by the Bank this week.

    Its organisers, made up of leaders from the AfDB, the Coalition for Ethical Operations (CEO) and the United Nations Global Compact, announced the formation of the unique support organisation for female leaders and executives working to curb unethical business practices in Africa.

    Commenting, the Bank’s Director for Gender, Women and Civil Society, Vanessa Moungar, said: “The formation of this network reiterates the Bank’s commitment to ensuring that sustainable development is hinged on bridging the gender gap, with emphasis on key areas such as ethics and compliance.

    “We’re inviting women across the private and public sectors on the continent to join in and help in achieving the objectives of this network.”

    The Director-General of UN Global Compact, Sanda Ojiambo, told the virtual audience of experienced ethics and compliance professionals that her organisation supports WECA’s mission.

    “The UN Global Compact is very much aligned with the objectives of the Women in Ethics and Compliance in Africa to advance coordinated ethical business practices, anti-corruption measures across the continent, and to empower a new generation of female leaders in the field,” Ojiambo said.

    The webinar attendees discussed multiple challenges women leaders face in Africa’s male-dominated corporate world, with WECA network founding members saying they plan to address the lack of avenues and support for ethical leadership.

    The network also aims to bridge the gap in human resources for ethics and compliance across the continent, through mentoring and coaching young women professionals for career progression. Some WECA network supporters said this starts from a young age.

    “There is need to create a global awareness and education to address the gender issue from a cultural perspective,” Global Head of Compliance at Puma Energy Rhibetnan Yaktal said. To girls, her advice: “Build yourself up. There is no glass ceiling. There is no limit.”

    The online gathering also explored how the COVID-19 pandemic has brought another dimension of challenges for ethical concerns for all leaders, especially women.

    Under the theme, Women in Compliance in Africa: Challenges and Opportunities, Navigating in the Era of COVID-19’, webinar attendees told a panel that compliance was very timely.

    Some noted that women play a significant role in the fight against the pandemic, which has forced major changes in how businesses operate and interact. Other participants said COVID-19 cannot be an excuse for businesses to ignore the ethical and integrity challenges faced in ensuring compliance systems are working and withstanding new and emerging risks.

    “Women are uniquely well-positioned to deal with difficulties, challenges, and crises. For example, women leaders are better managing the current COVID-19 pandemic, yielding more results built on ethical leadership and strong integrity,” World Bank Group Integrity Compliance Officer Lisa Miller said.

    Read Also: AfDB gets award for COVID-19 bond issue

    The Chief of Intergovernmental Relations and Africa for the United Nations Global Compact and founding member of WECA, Olajobi Makinwa, said African public and private sector entities and civil society institutions are still lagging behind in ensuring the establishment and adherence to a culture of ethics and compliance in business.

    Emphasising the network’s core mission, Makinwa, however, said: “WECA will support peer engagement, exchange of ideas and information on ethics and compliance best practices, dialogue on emerging ethics and compliance challenges, and champion women’s ethics and compliance leadership across the continent.”

    The webinar also had a segment on women’s sexual harassment during which the Head of Ethics Office at AfDB, Paula Santos Da Costa, said work was needed on a “speak-up culture,” and “to implement a zero-tolerance policy in the workplace.”

    Moungar told online attendees that the Bank has zero tolerance for corruption and ensures that any vulnerabilities related to fraud and corruption are detected early and mitigated throughout its processes and programmes.

    Closing the webinar, Legal and Compliance Advisor at Distell, Sorita Botha, said, “I’m so excited about the launch of WECA, and I’m sure we will hear success stories from women in ethics and compliance in coming months and years. It is the beginning of a new era of women empowerment for critical roles in Africa.”

  • Push for women’s participation in governance

    Push for women’s participation in governance

    Our Reporter

     

    OGUN State Deputy Governor Mrs Noimot Salako-Oyedele has called on successful women in politics to sponsor and raise other women as part of efforts to build a better nation.

    She spoke at a webinar organised by Emerging Africa Capacity Building, an arm of Emerging Africa, a leading African Investment banking group.

    The webinar, which held during the week, was themed: “Women Who Lead 2.0–The role of Women in Governance and Nation-building.”

    The event was designed for African women leaders with distinguished records in governance and leadership at the highest level to mentor the next generation of leaders, sharing their personal leadership journey, challenges surmounted, and lessons learned. It also shared specific tips for women seeking governance and leadership positions especially in the public sector.

    Delivering the keynote address, Salako-Oyedele shared some important tips such as the need for female candidates to combine electability and competence, to be articulate, and to demonstrate their ability to aid their parties in winning elections.

    Nigeria’s first female Minister of Industry and Group Chairman, Emerging Africa, Dr. Nike Akande, said  it was worthy of note that women have lately been occupying top positions of responsibilities domestically, continentally, and globally and  have brought enormous value to both corporate and political governance.

    “While there are clear economic and social advantages to having more women in the corporate and political governance levels, we still must contend with issues of culture and traditions.  Therefore, there is need for a complete reorientation to reduce discriminatory practices in society.

    Read Also: ‘My passion for women, less-privileged’

    “As reports have shown, investing in women has a distinct multiplier effect on a society. When women are empowered, they are able to provide better lives for their children, they are able to contribute to the national economy; and they are better able to stand beside men to solve the long-standing problems of our time,” Akande said. The host and Group CEO, Emerging Africa Capital Group, Mrs Toyin Sanni, spoke on the imperative of funding access for women to pursue elective positions and on the need for Nigerian women to adopt globally successful models and technology to achieve this objective.

    She also emphasised how the involvement of more women in leadership and governance would help to bridge current gaps between leaders and the governed, particularly the youths which make up the majority of the population.

    Other speakers at the event were President/GCEO, Transcorp Nigeria Plc, Ms Owen Omogiafo; General Manager, Legal and Regulatory Commission Secretary, National Identity Management Commission, Hajia Hadiza Ali – Dagabana and Chairman, Africa Prudential Plc, Mrs Eniola Fadayomi.

     

  • An oil magnate’s heart of gold

    An oil magnate’s heart of gold

    In the oil & gas servicing sector where she holds sway as Acting General Manager, Contracts & Procurement, Neconde Energy Limited, Mrs. Gracetiti Fredson has prioritised the welfare of Niger Delta people, particularly indigenes of her Ogoloma Clan of Okrika Local Government Area of Rivers State. She has been channeling her energy and resources into various empowerment programmes and philanthropies aimed at improving the people’s living standard, reports JOSEPH ESHANOKPE.

     

    IT wasn’t forced on her. Rather, the responsibility of encouraging her people to participate actively in the oil & gas value chain was one she took upon herself, based on her passion to help lift the standard of living of people in the oil-rich Niger Delta region. Accordingly, the Acting General Manager, Contracts & Procurement, Neconde Energy Limited, Mrs Gracetiti Fredson, has been deploying her energy and resources into various empowerment programmes particularly for indigenes of her Ogoloma Clan of Okrika Local Government Area of Rivers State.

    For instance, through Richmond & Gracetiti Foundation, her Non-Governmental Organisation (NGO), Mrs Fredson has been organising free seminars, workshops, trainings and intensive tutorials for students in the Unified Tertiary Matriculation Examination (UTME) across Okrika/Ogu-Bolo Federal Constituency. She has also been distributing textbooks and schools sandals to primary school pupils, as well as organizing public enlightenment and awareness campaigns and rallies for her people.

    The foundation has also been organising talent hunt, musical concerts, football tournament, social/charity works, and volunteer services such as orphanage visits to DBI Foundation, as well as medical outreaches to care for the elderly and nursing mothers. Her Foundation has also awarded scholarships to first year university students; mobilized over 159 volunteers, executed nine projects; made donations to over 25 persons and assisted over 2, 000 persons.

    Encouraged by the feedback she has gotten from beneficiaries of her humanitarian gestures, Mrs Fredson told The Nation that she is looking forward to expanding her humanitarian services to other council areas in Rivers State with the aim of bringing love and hope to her people. A motivational speaker, she has also stepped up her advocacy for an all-inclusive Corporate Responsibility (CSR) scheme, in an ethical and legal manner, by oil and gas firms to develop host communities of the oil and gas producers.

    She said she believes that through such CSR programmes, people of the Niger Delta region will be in a better position to benefit from the abundant resources in their domain. Besides, they will see themselves as major stakeholders and participants in the oil & gas value chain, contributors to the development of the sector, including the protection of critical oil & gas infrastructure.

    Asked whether she sees the possibility of women heading some of the agencies in the oil & gas industry, particularly the Nigerian National Petroleum Corporation (NNPC), she said competence rather than gender should be the priority. “Do we have competent persons to head the NNPC from any of the genders?” she asked.

    She said there are many persons, including women, who have the requisite competencies to head the NNPC and its subsidiaries. These persons, according to her, are not just competent but have the intense passion to implement and bring about reforms to the benefit of the country.

    “Look within the oil producing companies, woman are already managing sensitive positions and implementing changes in their domain,” she said, pointing out however that for any woman to hold a sensitive position as head of NNPC, for instance, she must have the requisite competencies such as sound knowledge of the oil & gas industry.

    Mrs. Fredson added that such a woman must have demonstrable knowledge of strategic planning and implementation of government/partner engagement, risk and stakeholder identification and management as well as excellent leadership skills, including staff career development, knowledge transfer and training.

    “There is the need for affirmation actions to ensure biases towards gender inequality are not encouraged but rather ensure an all-inclusive policy to encourages gender diversity,’’ she stated.

    Mrs Fredson’s insistence on competence and requisite skills is understandable. She came into the oil & gas sector prepared. Although, she studied Business Administration and Agricultural Economics & Extension from University of Calabar, she proceeded to the University of Wales to obtain a Master’s in Project Management.

    She also studied law, garnering a Diploma from Alison Online. At the moment, she is an L.L.M (International Commercial Law) student of the University of Sanford, United Kingdom (U.K.). She has also honed her skills through professional trainings, seminars, conferences, and symposia.

    Mrs Fredson, apart from being a member of Institute for Supply Management (ISM), United States, is also a member of the Chartered Institute of Purchasing and Supply Management of Nigeria (CIPSMN), where she acquired enough skills in supply chain for her current specialty.

  • Building a corporate branding, fashion empire

    Building a corporate branding, fashion empire

    The Chief Executive Officer, Time-Tell Nigeria Limited, a corporate gift and branding company, and owner of ‘Afrikoncept’, an Afro-centric clothing line, Mrs Obianuju Violet Abdulkadir, is leveraging her creativity to build a flourishing business empire. The steady stream of contracts and referrals coming her way attest to her growing fame and fortune. They are also an indication that she is inching closer to achieving her goal of becoming a national and global change maker, reports AMBROSE NNAJI.

     

    SHE is the toast of big players in telecoms, energy and banking industries. Propelled by her innate creativity, the Chief Executive Officer of Time-Tell Nigeria Limited, a corporate gift and branding company, Mrs Obianuju Violet Abdulkadir, has become a household name in the delivery of cutting-edge, tailor-made branded promotional products for corporate clients in diverse sectors.

    Some of her high networth clients include Airtel, MTN, Halliburton Energy Services, Fidelity Bank, Diamond Bank, and Union Bank.

    Essentially a business-to-business (B2B) services company, Time-Tell Nigeria Limited, which Mrs Abdulkadir floated in 2007, has been working with telecoms giants such as MTN and Airtel mostly, and also Etisalat before it became 9Mobile, helping them design and implement their retail channels across the country.

    Time-Tell brands their (telecoms companies’) buses, offices, retail outlets and cafes across the country, giving them that unique design and colour that appeal to their customers. Mrs Abdulkadir gave more details: “In the retail solution aspect of the business, what we do is create the designs, build and then set them up; we build and set up kiosks and retail outlets for companies.

    “We work mostly with the telecoms companies. We have the mobile point of sales and we have the stationary point of sales. We have a lot of trade partners that we work with, so in working with those trade partners we always ensure that there’s consistency of ambience and a brand you can feel.”

    The Delta State-born entrepreneur, married to her husband from Okene, Kogi State, said the other aspect of her thriving business involved creating and converting clients’ normal buses into fully functional mobile offices with office demarcation electrified with inverter, sound system and others.

    “This helps them penetrate into the interior areas where they don’t have stationary offices. So, what the distribution channels do is that they deploy them into far interior areas to meet the need of their subscribers,” she told The Nation, last week.

    For Mrs Abdulkadir, the business was a product of creativity meeting a market yearning for tailor-made services to fill it. “Naturally, I’m a very creative person, and one thing with me is that I think deep, I analyze things from different angles. I don’t think in a one direction,” she said.

    The astute entrepreneur added that even in her gifting business, companies she served loved her so much because they see her as a partner. “I don’t do business, take my money and go. Rather, I build relationships, create solutions for my partners and for the people I work with,” she emphasized.

    Indeed, Mrs Abdulkadir’s ability to create solutions for her clients has ensured her rise to fame and fortune. She has already become a dependable partner for her clients’ businesses. In fact, it has been a mutually beneficial relationship.

    “Any time I travel to source for things for my gifting business, I have my customers at the back of my mind such that every item I see I always think around it, how can this add value to my customers? How can I use this to also help them improve their business and improve my own business?” she said.

    The results of her unique approach to business are evident. One of them is the sustainability of her enterprise. Her words: “When you have that view it keeps you evolving and it helps you to be very sustainable in your business, because when you’re a credible and valuable partner, your customers will keep coming.

    “I keep getting referrals. Referrals have kept my business going. Even in the face of challenges, I keep getting referrals. That’s what gives me joy, the fact that I have proven to be a professional who adds value to my customers’ businesses.”

    Throwing her hat in the fashion ring

    Perhaps, more importantly, Mrs Abdulkadir’s emphasis on adding value to her customers contributed in birthing another business, which is fashion. From servicing the telecommunications community and providing materials for their marketing and sales, she has branched out, establishing ‘Afrikoncept’, an Afro-centric clothing line, in January 2017.

    Afrikoncept is a brand of Afro-centric smart casual wears that is a social investment targeted at impacting the local tie and dye industry and improving the lives of young tailors engaged in the value chain.

    The designs are created by infusing African Ankara fabrics into 100 per cent cotton shirts as well as integrating the tie and dye concept into T shirts, polo’s, hoodies, face caps and other casual accessories and making them more globally acceptable.

    According to Mrs Abdulkadir, the idea of setting up Afrikoncept came while she was at the prestigious Lagos Business School (LBS), Pan Atlantic University, where she earned an MBA in Business Management.

    She said even before she got into LBS, she was already thinking of re-jigging her business, which tilted towards importation, to begin to earn Foreign Exchange (forex). The opportunity finally came when, during her entrepreneurship class, “We were challenged to set up a business that we would start right there.”

    “I told myself that rather than wait till I finish the program, I could as well start this business. That was how I became the distributor of ‘Fruit of the Loom’ product in Nigeria. Fruit of the Loom is an American brand that’s over 120 years old worldwide, I’m their distributor in Nigeria, that’s an imported product, and it’s a quality product,” Mrs Abdulkadir narrated.

    At this point, her ingenuity and creativity again came handy. Rather than just importing, she decided to try her hands on making things here. “So, I started to create the fashion line that will go from here to the outside world, earn forex and then extend my business beyond the Nigerian shores,” Mrs Abdulkadir said.

    She reiterated that the foundation of the Afrikoncept brand was on earning forex, making social impact and also considering the environment, ensuring that it does not generate any waste. “So, in producing our Afrikoncept range of products, we do not generate any single waste, every single cut off is reused to produce something new either a decorative item or fashion accessory,” she explained.

    By not generating any waste, the company’s model of production aligns with the United Nations (UN) Sustainable Development Goal (SDG) of poverty alleviation and climate action. This is because by protecting the environment, the company has lined its system into the climate action by the UN.

    Prioritising women empowerment

    Beyond being an environment-friendly company, the company also ensures gender equality by empowering women and also employing and working with more women-owned businesses. That way, the business is not just tied to SDGs goals, but also helping to lift as many women entrepreneurs as possible to become business leaders.

    Indeed, Mrs Abdulkadir’s gender bias in favour of women is not without proof. For instance, as an organisation that supports women empowerment, the frontline woman entrepreneur deliberately ensured that her employee gender employment ration is 70:30, meaning 70 per cent women and 30 per cent men.

    She has also gone a notch higher by deliberately ensuring that her companies source from women-owned businesses as vendors and suppliers. “Once they have that capacity, we give them (women) that advantage because we believe that when you empower a woman you empower a whole family and you empower a whole generation,” she stated.

    While reiterating her passion to empower women entrepreneurs, Mrs Abdulkadir said veering into the fashion industry also has the social economic impact of empowering and training women to integrate them into the value chain of her clothing line thereby helping to reduce poverty.

    She put the impact of such intervention on the nation’s economy in perspective, saying, “In Nigeria, the average family size is a minimum of six, comprising father, mother and four children. Some are more than that, but on the average we are assuming that we have six people in a family. So, if I empower just one woman, I have actually empowered six people indirectly.”

    While noting that she has so far empowered more than 50 women, Mrs Abdulkadir said if this number is multiplied by six, it means she has already empowered about 600 families directly. Indirectly, it also means that the ones that are part of her company’s value chain are unquantifiable.

    Even at that, the expert in Business and Strategic Management is not slowing down. She told The Nation that from next year, she is going to be working with two non-governmental organisations (NGOs) that train women.

    “We’re going to integrate our programme into what the two NGOs are doing by supporting them to train those women thereby increasing the scale and it’s going to keep going,” she assured, noting that the training will be in the production of accessories, as well as in using generated wastes to produce other things.

    Explaining further, she said, “We train them, we integrate them into our value chain so when there’s an order we give them. It’s not just training them, but also keeping them consistently engaged and continue to earn a living from what we do and at the same time ensure the business is sustainable and also having social impact.

    The chain is actually increasing, and another wonderful thing that we have done is that for every woman that we train, she is mandated to train at least one other person that is not directly from us. So, it’s like a pyramid, it keeps growing.”

    Mrs Abdulkadir holds a Bachelor of Science (BSc) and Master of Science (MSc) in Microbiology. She also acquired a Master’s in Business Administration, which, according to her, she needed to hone her financial, managerial and leadership skills to run an enduring business.

    She also earned a Certificate in Cross Cultural Negotiations from the distinguished (IESE) Business School, Barcelona, Spain. (IESE, in Spanish, is ‘Instituto de Estudios Superiores de la Empresa or ‘Institute of higher business studies’, in English).

    Mrs Abdulkadir currently serves as a member of the Board of Directors at the Nigeria America Chamber of Commerce, and doubles as the Chairman Trade Mission Committee of the Chamber. She is married with five children.

    Although, she said her dream is to build a business empire that is run on a foundation of ethical leadership and social impact, while meeting international standard and best practices, Mrs Abdulkadir, however, said government should create the enabling environment for businesses particularly Small and Medium Enterprise (SMEs) to thrive.

    Describing SMEs as “economy drivers,” she said the entrepreneurs who run them are the “bedrock of any economy.” “The average Nigerian business man or woman is very resilient in the sense that irrespective of all the challenges they face, they still focus on the business and a lot of them are doing well in the sense that we are employing a whole lot.

    “The SMEs are employing people, if the SMEs actually have to be able to take more people into employment, it will go a long way.

  • Behold IBEDC’s first woman technical engineer

    Behold IBEDC’s first woman technical engineer

    Our Reporter

    Mrs Bilikisu Adeola Jimoh has emerged as one of the four successful candidates in a recruitment  for the post of technical engineer in the four business hubs of the Ibadan Electricity Distribution Company (IBEDC).

    In a statement, the Chief Human Resource Officer of the company, Mrs Ehi Obaseki, said the management board of IBEDC announced Mrs Jimoh as the first female technical engineer in the company.

    With  a career spanning 26 years, Mrs Jimoh rose through the ranks since her career started with the defunct Nigeria Electricity Power Authority (NEPA) in 1994 as Operations and Maintenance Officer and later Supervisor Protection, Control and Metering at Challenge Business Hub, Kwara region.

    An engineer, she is noted for tackling challenges of network distribution. She is a former chairperson of Association of Professional Women Engineers of Nigeria (APWEN), Ilorin Branch.

    She is expected to set precedence for other aspiring women engineers in the organisation and the country.

    Mrs Jimoh, who has attended several developmental programmes in Nigeria and abroad, holds a Higher National Diploma (HND) in Electrical Engineering from Kwara State Polytechnic.

    She also holds a Postgraduate Diploma in Engineering from Ladoke Akintola University of Technology, Ogbomoso, and a Diploma Certificate in Computer Science from Kwara State College of Education, Ilorin.

    A thoroughbred professional, Mrs Jimoh, in her quest for advanced knowledge and capacity building, also went abroad for training on Testing, Operation and Maintenance of Distribution transformers at Awal Rajastan, India, as well as special intensive training on maintenance of 11KV switchgear at Schneider Electric Company, Cairo, Egypt in 2014.

    She is a member of the Nigeria Society of Engineers (NSE), Council for the Regulation of Engineering in Nigeria (COREN), Nigeria Institute of Electrical Electronic Engineers (MNIEEE) and the Association of Professional Women Engineers (APWEN).

    Among many honours and recognition, Mrs Jimoh was awarded ‘Outstanding Woman Professional in Built Environment’ by Construction and Engineering Digest (CDE) Magazine, Lagos in 2018.

    Married to Mr  Abdulrazaq Jimoh with children, she has served in various capacities in engineering societies at state and national levels.

  • Tiwa Savage is Twisco  Brand Ambassador

    Tiwa Savage is Twisco Brand Ambassador

    By Okwy Iroegbu-Chikezie

     

    Nigerian music sensation Tiwa Savage has been unveiled as the first brand ambassador of Twisco, a premium chocolate drink powder from the stable of Promasidor Nigeria Limited.

    The multi-talented and award-winning singer was unveiled at an exclusive media event at the corporate head office of Promasidor at Isolo, Lagos State.

    Tiwa was unveiled alongside her son, Jamil, to signpost the brand building objective and essence of the new product offering from the foremost dairy company.

    The new chocolate drink powder, according to Promasidor, is fortified with ENERFORT, a special blend of 10 power-packed micro-nutrients, including Vitamin B2, B6, B12, C, D3, Niacin, Calcium, Phosphorous, Iron and Zinc- all of which are necessary for optimal energy release that consumers need to power their dream.

    Speaking on the choice of Tiwa  as an ambassador for Twisco, the Managing Director, Promasidor Nigeria, Mr Anders Einarsson, said: “Tiwa Savage is a great Nigerian, multi award-winning singer and songwriter known worldwide.

    “She is a multi-talented Nigerian whose brand equity rating remains remarkably inspiring and admirable. In addition, she is a mum of a fun-loving and energetic boy named Jamil, and supports her son in achieving his dream which is what Twisco stands for.”

    Tiwa said that Twisco would benefit a lot from her brand considering her huge following on social media.

    She continued: “For kids, the packaging is very attractive, and I’m glad that Twisco is nutritious and affordable for consumers across all social strata. I particularly like the brand because it meets my expectation. My son, Jamil, genuinely likes Twisco, too. I think selling something that one truly believes in is a stronger way of marketing.”

    The Marketing Manager, Promasidor Nigeria Ltd, Mr Abiodun Ayodeji, said the company launched Twisco into the market with a view to offer consumers a chocolate drink powder that delivers optimal nutrition and energy to power their dreams.

    “Twisco has the goodness of cocoa, malt and milk comes. It comes in a premium look and feel packaging available in 25gramme sachets, 500gramme Tin and 500gramme refill,’’ Ayodeji explained.