List of all articles filed under “nigeria-investments” category.
Folabi Esan gives an overview of Adlevo Capital, a private equity fund manager founded on the belief that meaningful development in sub-Saharan Africa will be driven by the application of technology to business processes across all sectors. Adlevo makes equity and equity-linked investments in rapidly growing private companies in various stages of development.
Folabi Esan, Partner at Adlevo Capital, a private equity firm focused on investments into technology-enabled companies across sub-Saharan Africa, discusses the importance of investing into companies cognizant of sustainability, the environment and social issues.
“Our appeal is for the government to recognise us. We have been able to get here mainly because Chevron Nigeria Ltd has been a very big supporter of Pem Offshore. It was like a dream when we went to Chevron; they gave us a contract without ever seeing anything on the ground,” says Phillips Matthews, Senior Vice President (Americas/Africa) of PEM OFFSHORE GROUP.
“For over 50 years we have been in the wheat milling business and in that time we have imported wheat from various countries to produce the raw material for various industries. For instance, the flour that we produce from wheat we supply to the bakery industry. We also supply flour to the biscuit industry. We supply flour to the pasta and noodle industries and we supply flour to the confectionary industry which is very important.”
“The group is quite diversified from various industries; we are opening new factories in different fields such as hospitality, real estate, industry and food beverage and quite a few more sectors that we will be entering as part of Eko Atlantic as well.”
“Mikano started in 1991. We established our company as an importer of generators and the servicing and maintenance of generators. Three years later we were the first company to start bringing the technology of generator assembly into Nigeria.”
“I would like to see our group take its place as an infrastructure developer. The reason I say this is because we cannot grow an economy without having a robust infrastructure.”
“This is the biggest centre in Africa. There is a little one in South Africa which is not even half of what we have in one room. There is another little one in Egypt but this is the biggest in Africa. In Nigeria it is the only Offshore Vessel Simulation Centre. Ghana has a simulation centre. They do cadet training but not advanced simulation training like us.”
“We like to think that we will do better than Dubai.”
