The London Stock Exchange (LSE) in its recent ‘Companies to Inspire Africa’ report unveiled in Lagos recently, listed Erisco Foods Limited amongst fastest growing private businesses in Africa.
Erisco Foods was amongst the identified 343 companies in 42 African countries, out of which 58 Nigerian companies made it to the list of the most exciting and promising companies, including small businesses.
The report was part of LSE broader support for companies that have shown excellent growth rate and potential to power Africa’s development.
Commenting on this, the Chief Executive officer, Erisco Foods Limited, Mr. Eric Odinaka Umeofia said: “This is good one, we Thank God our efforts are being noticed. This accolade given by the London stock exchange shows that there is potential in this sector and manufacturing in general in Nigeria.”
Umeofia added: “We are going to continue to strive at this sector and hopefully it would encourage others to go into manufacturing. This mean that we would double all our efforts to ensure that our economy would work well for us.”