One of Africa’s leading conglomerates, Mojec International Holdings, has been listed as one of the ‘Companies to Inspire Africa’ (CTIA) in 2019 by the London Stock Exchange Group (LSEG).
Speaking on the recognition, Chantelle Abdul, the Chief Executive Officer (CEO), Mojec International, said it is significant.
Abdul described the listing as a significant milestone in the history of the company and a worthy recognition of its contribution to leapfrog Nigeria and Africa’s economy into the 21st Century by helping to electrify Africa, improve the life of the average African, creating significant employment and positive socio-economic impact across the different sectors where it operates and is committed to making positive socio-economic impact.
Why this feat can’t be swept under the carpet
The CTIA is a prestigious annual report compiled by LSEG, an international market infrastructural business which focuses on capital formation, intellectual property and risk and balance sheet management.
LSEG compiles the report to identify most inspirational, dynamic, privately owned high-growth companies investing in the real sector of the economy and African continent that are making significant socio-economic impacts by creating substantial numbers of jobs and have the potential to be publicly listed within the next few years.
The growth rates and sector diversity of these firms featured in the report highlights their potential to transform the African and wider economy. Over 5000 companies were recommended and shortlisted across the continent, only 5% of these companies from 32 different countries made the list.
The companies that made the list boast of an average compound annual growth rate of 46%, up from 16% last year. On average, each firm employs over 350 people, with an average compound annual employee growth rate of 25%.
Registered in 1985, Mojec international is an international holding company with subsidiaries in the power, energy, real estate and retail sector with operations across Africa and Asia Mojec is ranked as one of the indigenous companies in corporate Nigeria.
The company is one of the leading Electricity EPC contractors to the electricity distribution companies and other African utilities on transmission and distribution of projects.
From 1985 till today, Mojec has transformed itself into a global specialist in energy management, Transmission and power generation and has today become a solution provider that helps make most of your energy.