BUA Foods Plc, the makers of IRS Pasta, BUA Sugar, IRS Flour, and BUA Rice, has emerged as the 2024 Company of the Year at the prestigious CNBC’s Africa All Africa Business Leaders Awards (AABLA) held in South Africa.
This historic win makes BUA Foods the first Nigerian organisation to win the Company of the Year Award in the 12-year history of AABLA, Africa’s largest premier business award renowned for recognising outstanding achievers in Africa’s business landscape.
The award came hours before BUA Foods was named the “Most Valuable Indigenous Food Company” at the 2024 BrandCom Award in Lagos State.
In late September 2024, Marketing Edge also awarded BUA Foods as the “Customer-centric FMCG Corporate Brand of the Year,” while Media Consortium named IRS Premium Wheat Flour the “Premium Brand of the Year”.
According to the leading Nigerian food company, the awards acknowledged its significant contributions to the African food industry, commitment to sustainable growth, and positive impact on the continent.
Managing Director of BUA Foods, Ayodele Abioye, in his acceptance speech at the AABLA award in South Africa, noted that the award was not just for BUA Foods but for the entire African food industry.
A statement from BUA Foods on Sunday quoted Abioye as saying, “We are deeply honored to be acknowledged as the Company of the Year. This recognition is a testament to our position as a leading force in the African food industry. We are proud to contribute to economic development and positively impact the continent.
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