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PwC Nigeria Admits Eight New Partners

PwC Nigeria has admitted eight professionals into its partnership, effective 1 July 2020. This is a record number for the leading professional services firm, demonstrating its commitment to diversity, inclusion, and developing the future leaders of the firm.The new Partners are Akinyemi Akingbade, Chioma Obaro, Tosin Labeodan, Rukaiya El-Rufai, Wura Olowofoyeku and Yinka Yusuf of its Assurance practice; while Kunle Amida and Olusola Adewole were admitted from the firm’s Advisory practice.

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PwC Nigeria has admitted eight professionals into its partnership, effective 1 July 2020. This is a record number for the leading professional services firm, demonstrating its commitment to diversity, inclusion, and developing the future leaders of the firm.

The new Partners are Akinyemi Akingbade, Chioma Obaro, Tosin Labeodan, Rukaiya El-Rufai, Wura Olowofoyeku and Yinka Yusuf of its Assurance practice; while Kunle Amida and Olusola Adewole were admitted from the firm’s Advisory practice.

In congratulating the new partners, Uyi Akpata, Regional Senior Partner, West Africa said: “Our investment in new partners reflects our optimism for the future, and the need to bring the diversity of thinking and experience that our clients demand.

Each member of the Class of 2020 is a highly accomplished professional par excellence. They have reached this career milestone from continually finding innovative ways to support our clients and providing quality service.”

A statement from the firm which presented the brief profiles of the new partners indicates that Chioma Obaro is a Fellow Chartered Accountant and holds an MBA from the Manchester Business School. She has several years of experience providing audit and other assurance services to various clients within the Financial Services Industry. As a Partner, she will be focused on delivering assurance services to clients in Nigeria and within other markets across West Africa.

Wura Olowofoyeku is a Fellow Chartered Accountant. She has several years of experience providing audit and other assurances services to clients within the financial services industry. As a Partner, she will be focused on delivering assurance services to clients in Nigeria and within other markets across West Africa.

Rukaiya El-rufai is a Chartered Accountant and holds an MPA from the prestigious London School of Economics & Political Science and Hertie School of Governance, Berlin. As a Partner, she will be leading the firm’s Sustainability and Climate Change Practice and Public Sector Risk Assurance Services.

Yinka Yusuf is a Member of the Institute of Chartered Accountants of Nigeria (ICAN) and a Fellow of the Association of Chartered Certified Accountants (ACCA). He has several years of experience providing audit and other assurance services to indigenous and multinational companies in various industries. As a Partner, he will be focused on delivering assurance services to clients in Nigeria and within other markets across West Africa.

Akinyemi Akingbade is a senior executive with many years of experience in the provision of advisory and assurance services to local and multinational companies in oil & gas and power sectors. He is a Fellow Chartered Accountant and holds an MBA from Warwick Business School. As a Partner, he will focus on delivering assurance services and other service offerings to clients in Nigeria and other markets across West Africa.

Tosin Labeodan is a Fellow Chartered Accountant and possesses deep industry knowledge of the Energy sector. He has several years of experience providing audit and other assurance services to companies in the upstream, midstream and downstream sectors of the Oil and Gas industry. As a Partner, he will be focused on delivering assurance services to clients in Nigeria and across West Africa.

Kunle Amida is a Chartered Accountant and CFA Charterholder with significant experience working with public and private sector clients on complex transactions across Africa. He has supported private equity firms, Development Finance Institutions and strategic investors to facilitate capital deployment into African enterprises.

 Olusola Adewole holds a Master’s in Human Resources Management from the Fisher College of Business, Columbus, OH, United States, where he was until recently on the teaching faculty. As a Partner, he will lead our People and Organization Advisory Practice in West Africa.

Akpata concludes: “The stormy socio-economic climate across the globe has underscored the need for us to stay true to our purpose while continuing to contribute to the growth and development of our country and continent.

I am confident that these new partners – the Class of 2020- will help to reimagine the future, and bring their wealth of experience to bear towards achieving sustainable growth for both our clients and the society at large.”

The eight new partners are among 24 new partners admitted across the firm in Africa, of which 25% are female.

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Business Intelligence

Inlaks Computers Retains ISO 27001 and ISO 22301 Certificates

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Inlaks, a foremost ICT infrastructure, and systems integrator in Sub-Saharan Africa has been re-certified to ISO/IEC 27001:2013 (Information Security Management System) and ISO 22301:2019 (Business Continuity Management System). 

In addition to the recertification, Inlaks was also successful at the surveillance audit of her ISO 9001:2015 (Quality Management System) and ISO/IEC 20000-1:2018 (IT Service Management System).

The managing director and CEO of Africa Operations, Kyari Bukar, said the management recognises the importance of developing, implementing, and maintaining its systems to international best practices hence the renewed commitment to getting the company certified to the different ISO standards.

Achieving ISO certification is a fundamental requirement for businesses in the last decade as new technology for business are changing faster than ever. 

ISO helps in focusing on the important areas of businesses and improving efficiency, thus providing sound foundations that increase productivity and profit.

Bukar said maintaining the PECB MS (MSECB) Management System Certificates proves the dedication of Inlaks leadership and team towards the continual improvement of our processes and services.

Bukar explained that as a leading information technology solution provider in Africa, we remain resolute to the delivery of quality IT services while also ensuring the security of our information system and assets in order to meet the enterprise business objectives and ensure continuity of our operations.

“This commitment to the delivery of business continuity and information security extends to personnel at all levels of the organisation.  We could not have achieved this success without the collective effort of everyone at Inlaks. 

“We do this by observing all applicable statutory, regulatory, contractual, and organisational requirements while providing these services and to minimise the impact of any interruption to our business activities,’’ Bukar further explained. 

“Our Business Continuity management system identifies critical business processes and risks, provides a plan to maintain or restore critical business operations from the effects of major failures or/and disasters and a plan to communicate with key people during the crisis,” Bukar added.

Established in 1982, INLAKS is an Information Technology Systems Integrator specialising in the deployment of dynamic and highly scalable ICT Infrastructure Solutions. 

Its customers cut across various segments including Banking, Telecommunication, Oil/Gas, Power, Utilities and the Distribution sectors of the economy. 

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Business Intelligence

Thomson Reuters, Adapt IT to Prioritise Tech Agility in Sub-Saharan Africa

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A newly expanded collaboration between Thomson Reuters, a leading provider of business information services, and Adapt IT, a reputed service provider of leading specialised software and digitally-led business solutions in Sub-Saharan Africa, will enable more businesses across the region gain competitive advantages through the technology solutions both provide.

A newly expanded collaboration between Thomson Reuters, a leading provider of business information services, and Adapt IT, a reputed service provider of leading specialised software and digitally-led business solutions in Sub-Saharan Africa, will enable more businesses across the region gain competitive advantages through the technology solutions both provide.

With economic recovery and growth for the region forecast at 2.7% for 2021 according to the World Bank, the drive for digital transformation across business in multiple industry sectors is accelerating following a year of contraction driven by the COVID-19 pandemic.

The combined capabilities of Thomson Reuters and Adapt IT ensure a broader range of technology implementations, increased operational efficiencies, and enhanced maintenance and service support for existing and new clients in markets across Sub-Saharan Africa.

“In the same way that our clients trust us to empower them with systems and technologies that can scale with their business, our collaboration with Adapt IT will enable us to increase the breadth and depth of our service footprint across this key region,” said Jackie Rhodes, managing director, Asia & Emerging Markets at Thomson Reuters. “The synergies we enjoy in terms of providing best-in-class solutions will benefit our respective clients, ensure a consistent level of quality engagement, and support and deliver a significantly stronger offering.”

Organisations currently leveraging legal, tax, global trade software, regulatory intelligence, and compliance solutions from Thomson Reuters will benefit from the new arrangement with Adapt IT, including access to their business advisory capabilities and established network.

Tiffany Dunsdon, chief commercial officer, Adapt IT, said: “Our alliance with Thomson Reuters means more clients can access more world class technology solutions backed up by local expertise and the deep sector knowledge Adapt IT offers. We’re delighted to be working together to help corporations achieve greater success in an increasingly complex business environment.”


With economic recovery and growth for the region forecast at 2.7% for 2021 according to the World Bank, the drive for digital transformation across business in multiple industry sectors is accelerating following a year of contraction driven by the COVID-19 pandemic.

The combined capabilities of Thomson Reuters and Adapt IT ensure a broader range of technology implementations, increased operational efficiencies, and enhanced maintenance and service support for existing and new clients in markets across Sub-Saharan Africa.

“In the same way that our clients trust us to empower them with systems and technologies that can scale with their business, our collaboration with Adapt IT will enable us to increase the breadth and depth of our service footprint across this key region,” said Jackie Rhodes, managing director, Asia & Emerging Markets at Thomson Reuters. “The synergies we enjoy in terms of providing best-in-class solutions will benefit our respective clients, ensure a consistent level of quality engagement, and support and deliver a significantly stronger offering.”

Organisations currently leveraging legal, tax, global trade software, regulatory intelligence, and compliance solutions from Thomson Reuters will benefit from the new arrangement with Adapt IT, including access to their business advisory capabilities and established network.

Tiffany Dunsdon, chief commercial officer, Adapt IT, said: “Our alliance with Thomson Reuters means more clients can access more world class technology solutions backed up by local expertise and the deep sector knowledge Adapt IT offers. We’re delighted to be working together to help corporations achieve greater success in an increasingly complex business environment.”

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Africa Region

Refinitiv Expands Economic Data Coverage across Africa

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Building on its commitment to drive positive change through its data and insights, Refinitiv today announced the expansion of its economic data coverage of Africa.

The new data set allows investment managers, central bankers, economists, and research teams to use Refinitiv Datasteam analytical data for detailed exploration of economic relationships and investment opportunities among data series covering the African continent.

Securing reliable, detailed, timely, locally sourced data has not been easy for economists who have in the past had to use international sources which often can take many months to update and opportunities to monitor the market can be missed. Because Africa is a diverse continent, economists and strategists need more timely access to country-specific data via national sources to create tailored business, policy, trading and investment strategies to meet specific goals.

Africa continues to develop critical infrastructure, telecommunications, digital technology and access to financial services for its 1.3bn people. The World Bank estimates that over 50% of African inhabitants will be under 25 by 2050. This presents substantial opportunities for investors who can spot important trends and make informed decisions based on robust and timely economic data.

Stuart Brown, Group Head of Enterprise Data Solutions, Refinitiv, said: “Africa’s growing, dynamic and fast evolving economies makes it a focal point for financial markets today and in the coming decades. As part of LSEG’s commitment to empowering the global markets with accurate and timely data, we are excited about making these unique datasets available via the Refinitiv Data Platform. Our economic data coverage of Africa will provide our customers with deeper and broader inputs for macroeconomic analyses and enable more effective investment strategies and economic research.”

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