Despite economic headwinds, Zimbabwe’s Meikles Limited has made the cut in this year’s World Economic Forum Global Growth Companies (GGCs) regional finalists.
Meikles, one of the largest conglomerates in Zimbabwe, with over 100 years of history made the cut together with Ethiopian Airlines, South Africa’s [DATA PPC:PPC Limited], a leading cement supplier in the region and Nigeria’s Waltersmith Petroman Oil Limited.
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“The four companies have been given the opportunity to join the larger GGC community at the World Economic Forum on Africa, taking place in Cape Town on 3-5 June,” said the World Economic Forum in a statement.
“This is the first stop on their journey towards the Annual Meeting of the New Champions in September, in Dalian, People’s Republic of China, where the Forum will recognize and honour the selected 2015 class of GGCs.”
GGCs are fast-growing companies with the potential to become global economic leaders.
Representing a broad cross-section of industry sectors, the nominees share a track record of exceeding industry standards in revenue growth, promotion of innovative business practices and demonstration of leadership in corporate citizenship.
David Aikman, Managing Director and Head of New Champions at the World Economic Forum said the forum was proud to recognise these four companies, which are at the forefront of driving responsible economic growth, job creation and entrepreneurship in Africa.
“We look forward to the active and dynamic role they will play at our meeting in Cape Town, working with the region’s leaders to foster inclusive, sustainable growth in the region.”
Global Growth Companies contribute to the Forum’s meetings, projects and knowledge products, which in turn support them on their path to achieving responsible and sustainable growth.