Author Topic: Oando Chief: There?s Certainty In African Investment  (Read 124 times)

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Oando Chief: There?s Certainty In African Investment
« on: November 16, 2017, 07:43:54 AM »
The Group Chief Executive of Oando, Mr. Wale Tinubu, has assured global investors of the certainty of investment flow into sub-Saharan Africa.

He gave the assurance at the Abu Dhabi International Petroleum Conference and Exhibition (ADIPEC) in the United Arab Emirates (UAE).

Participating on a C-suite executive panel to assess the ?Impact of Effective Disruptive Innovative Strategies? with focus on Nigeria as one of the leading economies in Africa,  Tinubu said a bigger drive towards efficiency was paramount in operations across the value chain due to the current climate of lower oil prices.

He said: ?Technology tends to be innovative and on a trial and error basis with more of the ?independents? like Oando. Decision-making is faster, cheaper and predominantly off-the-shelf technology is more readily available in sub-Saharan Africa at different price levels. Many opportunities arise to test out these technologies although many challenges still prevail.?

The gathering established that it may be hard to implore useful techniques and technologies as people and organisations are sometimes averse to explore new territory because of the high risks involved. However, it was noted that innovation is obtainable at every level of the industry once one is able to determine the complications and offer viable solutions.

Tinubu closed the meeting on a positive note by pointing out that in sub-Saharan Africa, ?there?s certainty in investment today.?

ADIPEC provides a unique platform for high level discussions on the future of the global oil and gas industry, focusing on current challenges, solutions and trends that will provide a positive and lasting impact for all.


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Oando Chief: There?s Certainty In African Investment
« on: November 16, 2017, 07:43:54 AM »

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