The London Stock Exchange Group recently unveiled the inaugural edition of its ‘Companies to Inspire Africa’ report and listed companies.
Three subsidiaries of a Nigerian oil and gas conglomerate, Obijackson Group – Nestoil, Energy Works Technology (EWT) and B&Q Dredging have been listed on the London stock exchange.
The exchange conveyed the new listing at the unveiling of its inaugural edition of its ‘Companies to Inspire Africa’ report which showcases Africa’s success stories to international investors, policy makers and other stakeholders in the global space.
A statement from the company yesterday quoted the World Bank Treasurer, Ms. Arumah Oteh, as saying in her commentary that,“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.
According to him,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.