After years of non-dividend payment, CWG Plc on Monday announced its readiness to commence dividend payment at the end of the 2022 financial year.
CWG is a Pan-African information technology services provider that offers solutions in communications, IT infrastructure, cloud services and many more.
According to the Group Managing Director and CEO, Mr Adewale Adedipo, CWG Plc has witnessed monumental growth in the last few years, growing to become one of the leading information and technology firms in Africa.
CWG Plc operates in 24 African countries. It was founded in Nigeria in 1992 as Computer Warehouse Limited. The company has thereafter extended to Ghana, Cameron, Uganda and other locations. It has four operation hubs and has won more than 50 awards.
Reminiscing on the journey so far at an event organised to commemorate the company’s 30th anniversary, the CEO, Adewale Adedipo said “As we reflect on our history, showcasing our humble beginnings, our victories, our losses and above all, our leaning as a knowledge-driven organisation, these experiences have produced the opportunity to refine our corporate strategy and values, eventually birthing our CWG 2.0 roadmap as well as the establishment of our training academy, cementing learning as an integral part of our ethos and culture”.
Similarly, Founder and Executive Vice President of CWG plc, Austin Okere noted that retail payment systems and financial services being digitised is now a top goal for economic growth and an opportunity for the IT industry.
He added that with a wider variety of financial services, the company has an increased chance to reach far more people at much lower costs and provide them with what they need to develop resilience and seize opportunities.
To commemorate its 30th anniversary, CWG Plc launched a number of activities including Transform-a-School initiative, Pitch for Transformation Challenge, Youth Boot Camp and an award night