Recruiting CEO for an FMCG company in Nigeria

Our client is a leading manufacturer and marketer of few fantastic beverages in Nigeria surrounding markets. So far this has been a family managed business, but now the stake holders are looking forward to appoint a CEO to run the show and expand their market presence.

The ideal candidate would be presently managing full P&L responsibility of a FMCG / beverage company with Africa or Nigeria experience

If you are keen to explore this opportunity or would like to share references, please mail it to me on sanjayshah@datumhin.com

more about us on www.datum-recruitment.com

Corporate Good News From Africa

  1. Wimmer Financial in talks to finance lithium mine in Zimbabwe:

The demand for certain natural resources found in Africa play a key role in electric products. For example, lithium is a much sought after commodity found in many parts of southern Africa’s Zimbabwe. A jump in global demand for electric cars and batteries has driven demand for mined minerals such as lithium, graphite, cobalt and copper, a key component in electric car batteries. “We see investment opportunities across Africa in mining, oil and gas, green energy as well as real estate. We are currently doing a deal in the lithium space. Lithium is what you need for batteries and electric cars,” says Per Wimmer, a former Goldman Sachs banker and the founder of Wimmer Financial LLP, a London-based corporate advisory firm. As the demand for electric cars and batteries increases, so does demand for what goes into a battery, which is lithium, graphite, cobalt and copper, Wimmer explains. These elements are vital for new technology advancements and products, and are therefore shaping demand and supply on a global scale.

  • North Africa- Egyptian companies score biggest increase in rankings:

Market capitalization for the region is down to $98bn or 13% of the total, with the bulk of the market capital supplied by the Bourse de Casablanca in Morocco and the Egyptian Exchange. Both the Egyptian Exchange EGX30 and Morocco’s MASI Free Float indices are down by about 16% in local currency over the year to March 2019. The outlook for Egypt is particularly positive, with stockbroker Exotic forecasting higher economic growth (GDP) than in 2018, and lower inflation, interest rates and deficit in the current account. According to the International Monetary Fund (IMF), the prospects for Egypt’s economy are good with real GDP growth of 5.5% forecast this year, rising to 6% by 2024. Egypt scored the biggest increase with its share of the top 250 ranking rising from 34 companies in 2018 to 39 this year. Moroccan companies though accounted for a bigger share by market capitalization. The new entrants include healthcare (Cleopatra Hospital at #161), building materials (Samcrete #184), banks and capital markets companies, distributors MM Group (#244) and Egypt Chemical Industries (#248).Many Egyptian companies scaled the rankings including hotels, banks, food, real estate, capital markets and telecoms. The number of Tunisian companies in the ranking has shrunk from seven to five. However leading beverages firm Society and industrial conglomerate Poulina – whose iconic founder passed away earlier this year – soared up the Top 250.

  • West Africa- Region holds many star performers:

Many of the star economies for 2019 and future years are in the region, with growth set to benefit from relative political stability, improving prices for oil and other commodities, and ever closer links between the economies. Top real GDP growth in 2019 is forecast for Ghana (8.8%), Côte d’Ivoire (7.5%), Senegal (6.9%), Benin (6.5%), Burkina Faso (6%) and Niger (6.5%). Nigeria’s election in February, won by the incumbent Muhammadu Buhari, has not brought stock market cheer and the NGSE Main Index has slid steadily since. In April the IMF forecast 2.1% real GDP growth, rising to 2.6% by 2024. It will be boosted by recovering oil production and rising private demand. Excitement about economic growth in the Francophone economies is not reflected in the market capitalizations and the stock exchange indices, with the BRVM-Composite Index on the regional exchange down 28% from March 2018.The high growth economies are linked by a shared currency, with value pegged to the euro, a shared central bank and regulator, and a dynamic regional stock exchange shared by eight markets. Growth in Ghana is forecast to slow by 2024, meanwhile the Ghana Stock Exchange Composite Index shows that investors are already cautious as it is down by 28% in the year to March, after peaking in late April 2018.

  • African Women build businesses:

Across sub-Saharan Africa, ambitious women are unleashing their potential by starting businesses. Tanzeel Akhtar talks to successful female entrepreneurs from Nigeria and South Africa to find out about their achievements and discover what motivates them. Female entrepreneurship in sub-Saharan Africa is rising rapidly, with a number of ambitious women defying the odds, going solo and unleashing their potential. In an increasingly interconnected world, the rise in technology-based businesses is playing a crucial role in narrowing the gender gap and pushing female entrepreneurship forward. As national economies face stiff competition for specialist market skills and resources, a number of startups are drawing international interest. There are also a number of global initiatives supporting and propelling female-run businesses on the continent. Speaking in March at a dinner held by She Means Business, an initiative designed to empower female entrepreneurs across Nigeria, Facebook’s policy programmers head in Africa, Sherry Dzinoreva, said that the company would be intensifying its female entrepreneurship training. But despite the launch of such initiatives there are still a number of challenges women need to overcome. Across Africa, women are prevented from pursuing a career in business through overt and hidden discriminatory practices. In sub-Saharan Africa, at least 40% of the labour force is female, according to the Pew Research Centre. However, 74% of women’s non-agricultural employment is informal, in contrast with 61% for men. In the private sector, African women hold 23% of positions at executive committee level and just 5% of CEO-level jobs, according to McKinsey. Access to capital and exclusion from male dominated business networks constrain women’s participation in business. 

  • Indian Ocean oil & gas: Africa’s next energy frontier:

There have been substantial discoveries of oil and gas in East Africa and the Indian Ocean in the last decade, but the full potential of the region has yet to be realized, asTom Collins reports. When, in February, Somalia’s ambassador to Kenya found himself bundled aboard a direct flight to Mogadishu after hasty instruction from the Kenyan government, it was clear that the long-standing Indian Ocean border dispute between Kenyan and Somalia had reached a new low. With both sides laying claim to a 100,000sq km triangle containing potential offshore oil and gas, the long-standing row – which was taken to the International Court of Justice (ICJ) in 2014 – was triggered once more after Kenya accused Somalia of auctioning off four contested blocks to bidders during a conference in London earlier this year. While the Mogadishu government strongly denies this claim, Kenya’s foreign affairs principal secretary, Macharia Kamau, hit back by saying. “This unparalleled affront and illegal grab at the resources of Kenya will not go unanswered and is tantamount to an act of aggression against the people of Kenya and their resources. ”As diplomats and ministers continue to trade blows, accusing one another of undermining national sovereignty and threatening regional stability, the standoff reminds the region of its lucrative hydrocarbon reserves and the high stakes involved in their exploitation. Substantial discoveries made over the past decade have drawn the focus of large international oil companies (IOCs) – some of whom are beginning to produce at established sites along east Africa’s India Ocean seaboard – and have triggered the interest of a flurry of smaller exploration companies and eager parastatals looking to pioneer the next big find. Africa’s Indian Ocean sits directly opposite the energy-hungry Asian markets of India, Southeast Asia and China.

DH Recruitment Services, is an Executive Search Firm; We specialise in recruiting for Asia, Africa and Middle East markets, Pl mail us your immediate requirements on info@bdhrs.net


Kind regards | sanjay
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Good News From Africa

Hello Everybody

The below are good News from Africa

  1. Englishmen defeat Congolese wrestles in mini-tournament:

Two English wrestlers, Steve Morocco and George Castano, paraded the streets of Kinshasa, the capital of the Democratic Republic of Congo, to celebrate their victory. In the combat at Kinshasa stadium, the Congolese wrestlers who tried to take their championship title, experienced grappling holds, and heavy punches that spelled outright defeat for them. The event organizers remain optimistic about the future of the event. “It’s a mini tournament that we organize between the British wrestlers who come from London and Congolese wrestlers’‘, Guy Momat, member of the event planning team said. This is the spirit, it lasts for 3 days in a row where the Congolese will experience the Congolese style and the British style of wrestling,’‘ he added.

  • Italian Oil Company Eni discover new light oil in Angola’s deep offshore:

Italian oil company Eni, revealed on Tuesday the discovery of a new light oil in Angola’s deep offshore. With this discovery, up to 250 million barrels of light oil with further upside is expected. The production is also estimated at 10,000 barrels of oil per day. According to the company, this operation is the fourth largest commercial discovery since Eni launched its exploration project in mid-2018, in Angola. The Ndungu-1 NFW well is located a few kilometers from Eni’s West Hub facilities, and has been drilled in a water depth of 1076 meters, and it reached a total depth of 4050 meters. t follows the discoveries of Kalimba, Afoxé and Agogo; the four discoveries altogether is estimated to contain up to 1.4 Billion barrels of light oil in place. This discovery will however, boost Angola’s oil production and increase the financial wherewithal of a country still dependent on oil, despite efforts to diversify its economy.

  • Cameroon’s amateur child Engineer build miniature bulldozers from recycled materials:

A 16-year-old engineering apprentice, Awa Bless Chi, who fled the violent English-speaking Cameroon, finds home in Douala and explores his talent of building miniature bulldozers from recycled materials. His creativity is captivating, generating amusement in his fans and passerby who enjoy watching him ‘‘cruze’‘ in his bulldozer or a miniature tank made from recycled materials. In spite of his enthusiasm towards creating theses miniature machines, his biggest dream is to go back to school to continue his education. “I couldn’t go to school anymore because of the crisis. To do something useful, I made things. In Bamenda, there were no activities because of the dead cities (imposed by the armed separatists, editor’s note), so I decided to move to Douala, which is more secure,” he said. In the country’s economic capital, where he has been living with his brother-in-law for a month, the teenager recovered cardboard remains, plywood pieces, bamboo pieces and a little scrap metal.

  • Eritrea’s 28th independence day: Reason for Haddish’s trip home:

Eritrea celebrates its 28th independence day and it is the reason American comedienne Tiffany Haddish is heading back to the Horn of Africa nation to join the celebrations. The first hint of her journey to Asmara was via an Ethiopian Airlines post on Thursday evening as Tiffany boarded in Washington. On Friday morning, two photos posted by the airline showed Haddish aboard in one and in a group photo with staff in the other. In a video making the rounds on Twitter, Haddish said: “Hello everyone, it’s me Tiffany Haddish and guess what, I’m going to Asmara for independence day. Hmmm “I’m expecting good food, fun, camaraderie, see my family, my people; you know… just good times and I can’t wait to go to the island and see if I can get me one of the nice husbands.”

DH Recruitment Services, is an Executive Search Firm; We specialise in recruiting for Asia, Africa and Middle East markets, more about us on www.datum-recruitment.com

Hi-tech agriculture Jobs in India

Good News From Africa

  1. Microsoft to spend $100 million on Kenya, Nigeria tech development hub:

Microsoft Corp will invest $100 million to open an Africa technology development center with sites in Kenya and Nigeria over the next five years, the company said on Tuesday. “The future of the world in terms of labour work force is here in Africa and we started working about infrastructure that is needed in order to un tap that opportunity, and give the opportunity for all the African countries in order to do the bridging in the details cap. So one of the things we created is first we announced, like two months ago, a full data center in South Africa that creates infrastructure,” said Jaime Galviz, Microsoft’s COO and CMO for the Middle East and Africa. Global tech giants, including Alphabet Inc. and Facebook, have been increasing investment on the continent in recent years to take advantage of growing economies with rising access rates to the internet by a youthful population.

  • FIFA World cup trophy returns to France after 24 hours tour:

The Women’s World Cup trophy returns to France on Tuesday. The trophy conducted a whistle-stop tour of 24 nations who will take part in the tournament. The most coveted prize in women’s soccer went on display at a primary school in Paris. “Today we’ve exceeded 770,000 in tickets sales which is amazing. We’re ahead of our time limit. We’re lucky to have foreign fans who are getting behind it, obviously Americans fans will come in great numbers but also lots of Dutch fans. For example, the match in Valenciennes which is already sold out and we’ve been told that there are more than 13,000 Dutch fans who will be there. We also have a strong English community who will be present ‘’, said Director of Women’s World Cup Organization Committee, Erwan Le Provost.

  • ‘Take your Place’: Ghana hosts historic African Women’s Sports Summit:

The maiden edition of a sports summit to be led exclusively by women is set to be held in Accra, capital of Ghana. The May 15 event dubbed Africa Women’s Sports Summit is the brainchild of one of Africa’s influential sports journalists, Juliet Bawuah. “The Program is designed to bring leading female sports names and aspiring ones together, for a one-day session on career and coming from behind to lead.

DH Recruitment Services, is an Executive Search Firm; We specialise in recruiting for Asia, Africa and Middle East markets

More about us on www.datum-recruitment.com

Senior Accountant Required for Mumbai office

Pharmacist, A Pharma company, Ghana

FMCG Jobs in Congo

Good News from Africa

  1. Malian Nurse helps her city back to health:

Mali’s rampant conflicts have led to thousands fleeing the country in search of safer places. This was the case of Jamilla Amadou, who fled the town of Gao in 2012 when extremist groups occupied the northern city. But she decided to return home after years in exile to use her skills in nursing, to help rebuild her city despite the insecurity. “We care for patients. People come with all kinds of ailments — malaria, diarrhea, typhoid fever, stomach problems, high blood pressure. We see a lot of children, even more than adults. That’s very important. ”The 50-year-old says most of the patients she receives are mainly those displaced by conflict.

  • Nigeria widows get major win in shell case:

The widows of nine Nigerian activists executed in 1995 got a major boost on Wednesday when a Dutch court ruled that it had jurisdiction to determine whether Royal Dutch Shell was complicit in the Nigerian government’s execution of their husbands. The men who came to be known as the Ogoni Nine, were environmental activists who fought against widespread pollution in the Niger Delta. The four widows accuse Shell of instigating a deadly crackdown by the military government of the time against peaceful protesters in Ogoniland, in the Niger Delta, the most valuable oil-producing region in Nigeria.

  • Rwandan cosmetics business booms:

Uburanga or Beauty in English has succeeded in becoming a sought-after brand in the Rwandan cosmetology market. The company has six product lines and 20 employees. Its founder Cephas Nshimyumuremyi, said he started this business with $10.Since 2012, ‘‘Uburanga’‘ has 5,000 distributors across Rwanda. Today, the company’s value is estimated at $40,000.We make sure that the products we manufacture are intended in particular for Africa and that they are natural.

  • Guinea: Train to transport bauxite in service soon:

Guinea’s new railway line will begin the transportation of bauxite by June 2021.The international SMB-Winning consortium responsible for the $3 billion project made the announcement, Friday. The project aims to exploit new bauxite deposits in the Santou and Houda region (250 km north of Conakry), then to transport and process the ore for export, thanks to an alumina refinery to be built in the Boké special economic zone, a city close to the border with Guinea-Bissau. The construction of this 135-kilometre railway will be carried out by two Chinese companies. Guinea derives most of its income from the exploitation of mines such as bauxite, making it the 3rd largest producer in the world. Conakry thus aims to catch up on its infrastructure backlog in order to exploit its rich mining potential, in particular. The international SMB-Winning consortium, composed of Guinean, Singaporean (40%) and Chinese (23%) interests, will operate the railway for 33 years, before returning it to the state, on the basis of a public-private partnership.

  • Bio-Diversity heroes: The teenagers saving Madagascar’s wildlife:

The island nation of Madagascar has a dubious accolade: it is the world-leader in deforestation. Now, some of the island’s teenagers have started a farming revolution – working to stop food production from destroying the island’s rich rainforest. We crouch low – backpacks at our feet – gripping the sides of that canoe as it is expertly steered across the water. We are less than 100 miles from the capital of Madagascar, Antananarivo, but this is a stark reminder of just how remote the communities of this protected area are. When we have crossed the river, it is still a two-hour walk to Mangabe village. We’re going there to meet a group of Malagasy teenagers – young famers who are leading a small but vital revolution – transforming how people farm in order save their forest.

Datum Recruitment Services, is an Executive Search Firm; We specialise in recruiting for Africa and Middle East markets

more about us on www.datum-recruitment.com

Good News From Africa

  1. Tokyo 2020 archery venue unveiled:

The archery venue for the Tokyo 2020 Olympic and Paralympic Games was officially unveiled on Sunday becoming the first of the Games’ new venues to be completed. Yumenoshima Park Archery Field, located on a former landfill site, was set for completion in May. Other than the Olympic Stadium and the Olympic and Paralympic athletes village, Tokyo Metropolitan Government (TMG) is building eight new competition venues for the Games.

  • Xi calls for advancement of china- Djibouti strategic relationship:

Chinese President Xi Jinping on Sunday called for the advancement of China-Djibouti strategic relationship. Xi Jinping made the call when he met with Djiboutian President Ismail Omar Guelleh in Beijing. Xi said China is willing to work with Djibouti to continuously promote the bilateral strategic partnership, stressing the joint building of the Belt and Road and the implementation of the outcomes reached at the Beijing Summit of the Forum on China-Africa Cooperation. “China will continue to provide support for Djibouti’s economic and social development, exchange experience on development, and encourage competitive Chinese enterprises to invest and expand businesses in Djibouti,” he said.

  • Uganda crowns most curvy woman, names her tourism ambassador:

Uganda has crowned its most curvaceous woman at the inaugural Miss Curvy pageant in Kampala The event was criticized by women’s rights campaigners and some religious leaders as immoral and as an attempt to objectify the female body. But Uganda’s tourism ministry defended it, saying the contest would be used to market the country’s tourism potential.

Many thanks for accepting my request to connect
DH Recruitment Services, is an Executive Search Firm; We specialise in recruiting for Africa and Middle East markets

More about us on www.datum-recruitment.com

Good News from Africa

  1. Exhibition explores Senegalese women & their love for gold jewelry:

Gold is an essential part of Senegalese women’s fashion. It is a symbol of affluence and sophistication. But what inspired this relationship? An exhibition at the Smithsonian National Museum of African Art explores this bond driven by power and wealth, centuries ago.

  • Jeanine Mabunda, first woman elected to lead DRC’s National Assembly:

Jeanine Mabunda was elected to head the Congolese National Assembly on Wednesday (April 24th) with 374 votes. She was the only candidate after the invalidation of the candidacy of her challenger Henry Thomas Lokondo. She is the first woman elected to the position in the Democratic Republic of Congo (DRC).Ex-president Joseph Kabila nominated her for the post.

Datum Recruitment Services, is an Executive Search Firm; We specialise in recruiting for Africa and Middle East markets

More about us www.datum-recruitment.com