In a significant development for the African private sector, Adewale-Smatt Oyerinde, the Director-General and Chief Executive of the Nigeria Employers’ Consultative Association (NECA), has been elected to the Executive Council of BUSINESSAfrica. The election took place during the organization’s General Assembly held on June 10, 2025, at the United Nations Office in Geneva, Switzerland. This new appointment places Oyerinde at the forefront of continental business advocacy, reinforcing Nigeria’s position in shaping Africa’s private sector dialogue. His election is a recognition of both his personal achievements and Nigeria’s strategic importance in Africa’s economic development.
About BUSINESSAfrica
Headquartered in Nairobi, Kenya, BUSINESSAfrica is a continental organization that represents employers and private sector institutions across the African continent. It plays a central role in promoting economic integration and development through private sector collaboration. The organization is actively involved in regional and global policy discussions, advocating for African business interests at high-level platforms including the African Union (AU) and the International Labour Organization (ILO). Through its initiatives, BUSINESSAfrica seeks to accelerate regional trade, improve the business environment, and support the growth of enterprises, especially small and medium-sized businesses (SMEs), which form the backbone of Africa’s economy.
A Vision for Africa’s Economic Future
Reacting to his election, Adewale-Smatt Oyerinde expressed profound appreciation for the trust placed in him. “I am deeply honoured and humbled to be elected to the Executive Council of BUSINESSAfrica,” he stated. “This is a critical time for Africa’s economic trajectory, and I am eager to contribute to an organisation that is so dedicated to empowering our continent’s businesses and unlocking its immense potential.”
He also emphasized the importance of the private sector in driving inclusive growth, innovation, and investment. “I look forward to collaborating with fellow Council members to advance policies that foster innovation, attract investment, and create widespread and inclusive prosperity,” he added.
A Proven Advocate for Business Development
Oyerinde’s election is a reflection of his longstanding commitment to private sector development. Over the years, he has built a reputation as a strategic leader and policy advocate. His leadership at NECA has been marked by efforts to strengthen employer organizations, promote sustainable development, and support digital transformation within the business ecosystem. He has also championed regional economic cooperation and spearheaded numerous initiatives aimed at creating linkages between local enterprises and international markets. His focus on empowering SMEs, enhancing trade and investment opportunities, and promoting responsible business practices has earned him recognition across the continent.
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