CIAG CEO says Düsseldorf listing provides gateway for German investment into Africa

Centurion International AG, an Africa-focused services firm, has successfully listed its shares on the open market of the Düsseldorf Stock Exchange. CEO NJ Ayuk expressed his excitement about the listing and its significance for the company in an exclusive interview with CNBC Africa. Ayuk emphasized that the listing provides a gateway for German investment into Africa, allowing the firm to tap into the German capital markets to finance the acquisition of small and medium-sized advisory firms. This strategic move not only opens up new funding opportunities for Centurion International AG but also showcases African firms' ability to compete on the global stage. Ayuk highlighted that the listing strengthens the African narrative and positions the company to drive impactful projects across the continent. One of the key points Ayuk emphasized was the company's focus on financing acquisitions through the listing. He outlined plans to collaborate with investors interested in African firms, particularly those specializing in real estate investments, green hydrogen projects, and advisory services. By leveraging the support of investors with a private equity mindset, Centurion International AG aims to enhance the capabilities of these African companies and elevate them to world-class standards. Furthermore, Ayuk discussed the significant growth projections for the company following the listing. With a current portfolio of almost 170 people, he anticipates doubling or even tripling the size of the firm within the next 15 to 18 months. This expansion will involve establishing offices in additional European and African cities while focusing on ESG-compliant investments and energy transition projects. Ayuk underscored the collaborative nature of the company's growth strategy, emphasizing the collective effort required to drive success in the market. In response to a question about the evolving energy landscape in Africa, Ayuk stressed the importance of ensuring that Africans benefit as the industry transitions towards cleaner energy sources. Highlighting the pressing issue of energy poverty affecting millions on the continent, Ayuk emphasized the need for a balanced and pragmatic approach to the energy transition. He pointed out the potential for natural gas to play a key role in powering communities, driving manufacturing, and supporting the transition to cleaner energy sources like blue hydrogen. Ayuk also emphasized the critical importance of embracing ESG principles to safeguard the environment and communities in Africa. In conclusion, Ayuk's insights shed light on the transformative potential of the Düsseldorf listing for Centurion International AG and the broader implications for African investment opportunities. The company's strategic focus on acquisitions, growth projections, and sustainable energy initiatives underscores its commitment to driving positive change and showcasing Africa's potential on the global stage.