Business
Oando Boss Adewale Tinubu Receives Energy Times Award
It is yet another honour for oil and gas tycoon and boss of Oando plc., Jubril Adewale Tinubu, as he received another award as the GCEO of the Year, 2024.
The award ceremony held last Friday at the Energy Times Magazine’s Awards, at the Oriental.
It was indeed double honours for the quintessential oil mogul, as Oando was also awarded as the Emerging Major Oil company of the Year.
It has been a great journey for the business guru and his firm having received three awards this year alone for unprecedented contributions to the nation’s oil and gas sector.
It would be recalled that in February, Oando won Energy Deal of the Year, 2024 at the Nigeria international Energy summit, NIES, 2025. This was in recognition of its transformative $783 million acquisition of the Nigerian Agip Oil Company from the Italian energy firm Eni.
Tinubu was also recognized during the annual awards ceremony organized by Daily Telegraph Publishing Company Limited, publishers of New Telegraph newspapers, in February as the Investor of the year.
As gathered, other awardees at the second edition of Energy Times award include Minister of Power, Adebayo Adelabu; Ekiti State Governor, Biodun Oyebanji; Former Group Chief Executive Officer of NNPC Limited, Engr. Mele Kolo Kyari; NMDPR’s Chief Executive, Engr. Ahmed Farouk; the immediate-past and first female Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Mrs Elohor Aiboni, among others.
Africa’s technology ecosystem has produced innovative fintech, e-commerce and digital service companies. But there is another important part of the technology value chain that deserves attention: semiconductor engineering.
ChipMango is developing capabilities in chip design, verification and emerging hardware technologies. Its story demonstrates the kind of specialised innovation that deserves greater investment and attention.
Through Boost Africa, a joint initiative of the European Investment Bank (EIB) and African Development Bank, supported by the EU, the EIB helps channel investment through venture capital funds to innovative African enterprises. Discover how this
investment ecosystem is helping create opportunities for businesses working on Africa’s technological future.
Watch the video:
From smartphones and laptops to vehicles and AI systems, semiconductors are essential to modern technology. Yet, the expertise required to design these components remains concentrated in a relatively small number of global
technology hubs.
ChipMango is working to expand access to semiconductor engineering skills and commercial opportunities for African engineers. Its journey also highlights why initiatives such as EIB’s Boost Africa matter. By supporting venture capital funds investing in innovative African businesses, Boost Africa helps strengthen the financing ecosystem needed to develop specialised technology companies. Watch the video to learn how ChipMango is contributing to Africa’s place in the global technology industry.
Watch the video:
Business
ChipMango: Building Nigeria’s Semiconductor Engineering Capabilities for the Global Tech Industry
Africa’s participation in the global technology industry should go beyond
using digital products and services.
African engineers also have an opportunity to contribute to the technologies themselves, including the semiconductors that power smartphones, computers, vehicles and artificial intelligence.
Nigerian semiconductor technology company ChipMango is working to develop this capability by connecting engineering education with practical chip-design and verification projects.
Through its investment in African venture capital funds, the European Investment Bank (EIB), under the Boost Africa
initiative, is helping strengthen the ecosystem that supports innovative businesses like ChipMango.
Boost Africa is a joint initiative of the EIB and African Development Bank, supported by the European Union.
Watch the video to discover ChipMango’s story and the opportunities it is helping create.
Watch the video:
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