Opaleye Wins African Prize for Leadership Excellence

February 27, 2022
African Prize for Leadership Excellence Opaleye

By Modupe Gbadeyanka

The African Institute for Leadership Excellence has announced the founder and chief executive officer of Alerzo Limited, Mr Adewale Opaleye, as one of the winners in the 2021 African Prize for Leadership Excellence.

The head of the business-to-business e-commerce platform grabbed an award in the Fintech Personality Leadership Prize category of the event held in collaboration with the African Brands Media Ltd and supported by the New Partnership for Africa’s Development (NEPAD).

According to the organisers of the award ceremony, which took place in Lagos on Thursday, February 24, 2022, the prize is meant to celebrate leaders who have positively impacted the economy of the continent through their work.

“The African Prize for Leadership Excellence is a prize for excellent leadership experience for some selected African personalities who have made an impact in the development of the African economy through their innovation, creativity and leadership experience in their field of endeavour,” they said.

They added that the Fintech Personality Leadership Prize given to Mr Opaleye was in recognition of his “expertise, sound knowledge and practical leadership excellence.”

Receiving the prize, Mr Opaleye expressed his excitement about being chosen for the esteemed prize and thanked the organisers for the honour they have done to him.

“I wish I could fully express how excited I am at this prize that is presented to me today by such an august body. I am profoundly happy that the work we do at Alerzo Nigeria is greatly impacting the economy of the continent in such a way as to merit this huge honour being bestowed on me.

“The only way I can reward you is to pledge to continue to do all I can in assisting my fellow compatriots in addressing their business challenges using technology,” he said.

Mr Opaleye told a brief history of his work at Alerzo Nigeria – how he was raised by a mother who was a shop owner. He said he saw first-hand the challenges his mother, like other shop owners, faced in the running of her business – issues of inventory management, access to capital, logistics and so on – which seemed endless. Then he went to study in China and saw how the country used technology in solving similar problems, and thought that Nigerians can equally tackle their business challenges using the same technology.

“I founded Alerzo Nigeria to address most of the challenges that face informal retailers in Nigeria. I am happy that, in two years of operations, Alerzo has deployed technology in addressing the challenges of the informal retailers who are on our platform. With our delivery services, retailers save time, energy, and resources that they would have otherwise expended in restocking,” he said.

The award event brought together prominent business leaders, entrepreneurs and high-ranking government officials from across the continent including former president Olusegun Obasanjo, Vice President Yemi Osinbajo, the Presidents of South Africa, Ghana, Kenya and Togo among others.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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