EVENTS

MAY
01
2014

ONE OF THE 16 ENTERPRISES FROM AFRICA AND ONE OF THE 2 FROM KENYA

Location : Abuja: Nigeria

ONE OF THE 16 ENTERPRISES FROM AFRICA AND ONE OF THE 2 FROM KENYA event image

Bidco Oil Refineries Ltd joins a flock of esteemed companies from Africa to be selected as the region’s fastest-growing companies to join the World Economic Forum’s Global Growth Companies community. Companies are nominated on the strength of their ability to become future global leaders and are drawn from a broad spectrum of sectors, including financial services, retail, media, chemicals and energy The Global Growth Companies community currently consists of over 360 companies from around the world. These companies are considered trailblazers, shapers and innovators that are committed to improving the state of the world. GGCs are fast-growing companies with the clear potential to become global economic leaders. The 16 nominated African GGCs represent a broad cross section of industrial sectors, but share in common a track record in exceeding industry standards in revenue growth, promotion of innovative business practices and demonstration of leadership in corporate citizenship. “The World Economic Forum is proud to recognize these 16 champions that are at the forefront of driving responsible economic growth, job creation and entrepreneurism in Africa. We look forward to the active and dynamic role they will play at our meeting in Abuja, working with the region’s leaders to foster inclusive, sustainable growth in the region,” said David Aikman, Managing Director and Head of New Champions at the World Economic Forum. Speaking on receiving this recognition Vimal Shah, CEO, Bidco Group said, “It is an honour and a privilege to be a part of trailblazers, shapers and innovators across the world. In the 50th year of our Country KENYA’s freedom, we are proud to be selected from Kenya for this honour. Our only desire is to see more organisations from Kenya join this elite group which will ensure that our Vision 2030 becomes a reality!” Bidco Oil Refineries Ltd is a market leader in edible oils, fats, soaps, margarine and detergents in East Africa with its products marketed in 14 African countries. The company has a well-defined distribution chain in Africa constantly support new market developments helping the organization carve out newer products and markets with every growing day. Some of the world class Brands from the group include the Superbrands Kimbo & Elianto as well as other leading brands like Golden Fry, Sun Gold Lite, Olive Gold Blend, Soya Gold, Bahari Fry, Chipsy Plus 3, Cowboy, Chipo and Mallo. Bidco’s margarines including: Biddy’s and Goldband are also very popular in Africa alongside baking powder: Mariandazi. Laundry Soap Brands include: the Star Range of soaps, White Star, Tiger, Msafi, Bull, NURU multipurpose soap, Bidco cream, Powerboy Pro-Activ liquid detergent, Powerboy Detergent Powder, Gental Washing Powder, and Nuru Scouring Powder. Beauty soaps include: Pure & Natural Active Man and Pure & Natural Woman.

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