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How Leo Stan Ekeh Became A Tech Billionaire .

By Obi Maduemere 0 17

Leo Stan Ekeh was born in Imo State, Nigeria on February 22, 1956 to a dietician mun and nurse dad. He had his early education in Owerri and upon graduation from Holy Ghost Owerri, he moved to India where he obtained a BSc in Economics from the University of Punjab.

This step marked a turning point in his thoughts process as he was exposed to the Indian economy which he described as'realistic' . He then shifted from his plan to own the biggest transport company in Nigeria to and started thinking of a more realistic business ideas, which would impact the Nigerian economy. He moved on to England where he bagged a postgraduate degree in risk management from the notingham University. His return to Nigeria saw him spearhead the creation of tech companies.

TASK SYSTEM LIMITED
This was Ekeh's first tech start-up in Nigeria. The ICT Solutions company commenced operations in 1989 to focus on desktop publishing and computer graphics. Over the last three decades, the company extended its operations from Lagos to Port Harcourt and Abuja implimenting serveral ICT projects across the Oil and Gas, Telecommunication,Manufacturing and Public Sector.

The company has computerized ninety five percent of print media, publishing houses and advertising agencies in Nigeria with several outstanding industry awards to its credit, including Best Partner Award for Compaq, Microsoft, Hewlett Packard (HP) etc.

ZINOX TECHNOLOGIES

Zinox Technologies is the brand which brought Ekeh to the forefront of Africa's tech space and for which he is popular. The company was founded in 2001 and became the first Internationally recognized certified brand of computer (OEM) original equipment manufacture in West Africa.

In addition Zinox is the first to recieve Window Hardware Quality Labs (WHQL) certification and also the first computer hardware Manufacturing and ICT integration company in Nigeria to recieve ISO 9001- 2000

Zinox created business solutions that uses new technologies to streamline system efficiency, align,integrate and maximize productivity. Its Products are renowned for their security and IT infrracstruture. The company has helped to revolutionized the electoral processes in several countries in Africa like Nigeria, Gambia and Guenea Bissau.

Zinox is the only OEM partner of Microsoft and Intel coporations in Nigeria. It was recently rated by International Data Corporation as the No1 IT brand in terms of computer sales amongst local and Interpersonal brands in Nigeria

Ekeh also launched Zinox Computer, Nigeria's first Internationally certified computer with naira sign and a power supply designed to be compatible with the country's unstable power supply.

BUY RIGHT AFRICA DOTCOM LIMITED

In 2008 Ekeh founded Buyright Africa Dotcom Limited at a time when credit card and epayment infracstructures were alien to Nigerians. The target of the start up was to resolve funding issues for ICT projects and companies through partnership with strong International finance groups.

Within the next couple of years, Buyright Africa Dotcom launched full operations to help Africans enjoy the benefits of emerging Technologies and build Technology strength that would allow citizens, governments and businesses compete favourably with other strong economiies of the world.

Buyright Africa executes fund ICT projects, equipment leasing, ownership scheme and other related ideas in Africa. It also offers ICT consultancy services and sales of ICT Products, infracstructures and digital tools to educational institutions and Governments agencies through its partnership with International and local ICT Companies.

KONGA.COM
In 2018 Leo Stan Ekeh's Zinox acquired 99 percent shares of Konga.Com . Just a few months after kongs laid off fifty percent of its staff. Three months later, Konga merged with Zinox's retail outfit Yudala to form the biggest e commerce Company in Africa. Under the new merger, the brand name Konga was retained.

Leo Stan Ekeh also founded Technology Distribution Limited and ITEC Solutions using them to drive IT solutions and distribution in West Africa. He has also been involved in IT Brokers and IT connect amongst others.

CSR INITIATIVE'S AND RECOGNITION

In line with his interest and devotion to the growth of IT in Nigeria, Ekeh launched the computerize Nigeria Project in August 2000 to encourage Development and sensitise Nigerians in the use of computers. He also launched the CAN Scheme providing laptops to young Nigerians at reduced price with a repayment plan spread across 24 months.

Through his Charity organization, Leo Stan Ekeh foundation, he has carried out other commendable humanitarian and philanthropic activities across Nigeria.

He was bestowed with the ICON of Hope award by former President Olusegun Obasanjo on October 1, 2002, Nigerian Science and Technology award Achiever of the year 2003, and Officer of the Order of the Federal Republic (OFR) in 2004.

Ekeh is also a member of the Nigerian Economic Summit Group and holds life membership, Nigerian Institute of International Affairs.

He holds a honorary doctorate in business administration from Imo State University, Federal University of Agriculture, Makurdi and Federal University of Science and Technology, Owerri and the University of Jos. He is a fellow of the Lagos State Polytechnic, Federal Polytechnic Idah and Federal Polytechnic, Nekede.

Ekeh is worth over $1 b as at june 2018 according to business insider by pulse.ng.

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