40 Under 40 African Business Icons - 2021

Page 42

Interview By Simeon Onoja

Bako Ambianda: From Humble

Beginnings to Founder and CEO of a Conglomerate, Labacorp Group

Bako Ambianda showed a flair for entrepreneurship from his high school days in Cameroon. He would pick mangoes, avocados and bananas from around his home and sell them at his school dormitory.

I

n 2011, Ambianda moved to the United States to further his studies in Civil Engineering. After a couple of months in the US, he got a job as Citizen Diplomat with the Maryland State House where he launched his career in diplomacy.

With just $850, Ambianda started his first company, Global Attain Advancement (GAA), which focused on events organisation. This endeavour brought him on the organising team for former president Barack Obama’s Energy Congress.

Down the line, Ambianda returned to Africa to develop the business and launched other entities including Labacorp Energy Ltd in Cameroon, Labacorp Investments SARL in Togo, and Labacorp Industries Ltd in Ghana. The conglomerate owns businesses across the manufacturing, power, construction, agribusiness and exhibition sectors, with operations in Africa, the Middle East and North America.

42 | Business Elites Africa / ISSUE 116

www.businesselitesafrica.com


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Articles inside

Evans Akanno: Building Thriving Brands Against All Odds

12min
pages 84-89

Thato Kgatlhane: South Africa’s Social

5min
pages 96-97

Oluwasoga Oni: Building Nigeria’s Most Robust Medical Diagnosis Infrastructure

4min
pages 104-108

Cleo Anastasia Johnson’s Journey to Becoming a Hospitality and Marketing Maven

9min
pages 80-83

Gil Sperling: A Techpreneur Driving Innovations in Africa’s Property Industry

4min
pages 90-91

Dimeji Falana Discusses Edtech and what Foreign Investors Look out for in African Startups

10min
pages 92-95

Genevieve Barnard Oni: A Healthcare Visionary Transforming Medical Diagnosis in Nigeria

8min
pages 98-101

Moulaye Taboure: Taking Africa’s Culture to the World via E-commerce

5min
pages 102-103

How Renewable Energy is Powering Africa’s Growth

24min
pages 68-79

Bako Ambianda: From Humble Beginnings to Founder and CEO of a Conglomerate, Labacorp Group

4min
pages 42-43

The Making of Mr. Macaroni, Nigeria’s Famous Instagram Comedian-turned-activist

6min
pages 52-53

How Tobi Asehinde’s Startup is Bridging the Digital Skill Gap in Nigeria and Across Africa

9min
pages 44-47

Insights on Africa’s Real Estate Market

9min
pages 48-51

Michael Collins Ajereh – A Don in Africa’s music industry

6min
pages 40-41

From Teenage Entrepreneur to African Business Mogul, the Story of Ashish Thakkar

5min
pages 54-57

Nigerian Space Entrepreneur, Temidayo Oniosun on why Africa’s Space Industry May be the Next Big Thing

21min
pages 62-67

Meet Ex-Jumia Executives Redefining Logistics Business in Nigeria with Warenext

10min
pages 36-39

Onyeka Akumah: The Journey of a Serial Disruptor

10min
pages 24-27

Born into a Nigerian Logistics Empire Obinna Anyaegbu is now Leveraging Tech to Forge his own Path in Business

6min
pages 34-35

Taaooma: Nigeria’s Freestyle ‘Slapping’ Comedian

5min
pages 20-21

Babatunde Akin-Moses Tells us about Sycamor’s Ambition for the rest of the Year

5min
pages 22-23

Two Friends, Buky Akinmboni and Bolaji Fasanya

16min
pages 28-33

Antonio Depina’s Thrilling Move from a Basketball Star to a Successful Entrepreneur

5min
pages 18-19

How 30-Year-Old South African Became a Medical Cannabis Entrepreneur After Losing his Mom to Cancer

25min
pages 8-17
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