Two Nigerians shine in African Entrepreneurship Award 2017

Two Nigerians, Folashade Amusa of VicFold Recyclers, and Sylvester Mujakperuo of Saint Michelles and Joey Limited, were among 12 winners from 19 countries at the third edition of the African Entrepreneurship Award, which held in Casanblanca Morocco recently.

Folashade Amusa won for her efforts in paper collection and recycling to protect the environment. Her company, VicFold Recyclers, a startup, is involved in waste collection, processing, and recycling with a reward system for households.

Sylvester Mujakperuo got recognized for his company’s efforts at transforming used paper and cardboard into new paper products.

The awards promoted by BMCE BANK of Africa serve as a support program for African entrepreneurs, which has encouraged, since its launch in 2015, 33 entrepreneurs who were supported by more than 300 African and global mentors.

Amusa and Mujakperuo for coming first in their categories received $100,000 each.

The 12 winners were selected by a remarkable jury, presided by Othman Benjelloun, Chairman of BMCE Bank of Africa and comprising Gong Li, ex-chairman of Accenture, China; John-Bernard Duler, French-American investor, and entrepreneur; and Marie Paul Niat, Cameroonian entrepreneur.

The African Entrepreneurship Award reached its third year with more than 12,000 project proposals from 132 countries, including all the 54 African countries, and hosted more than 112 entrepreneurs who were coached in the boot camp.

This unique initiative has enabled BMCE Bank of Africa to concretize its vision of a growing Africa, boosted by its young entrepreneurs to bolster economic and social opportunities presented to all Africans.