Angola private sector players awarded

22 December 2016 – The only Angolan company to produce and sell sugar, ethanol and electricity from biomass, Biocom won the prize for Best Corporate Social Responsibility Programme at Deloitte’s 2016 SIRIUS Awards held in Luanda late in November.

The other nominees in this category were Refriango, Shoprite, Standard Bank Angola and Unitel.

Biocom’s fellow-nominees in this category were Banco de Fomento Angola, BP – British Petroleum, Chevron, Endiama, Total and Unitel.

The company’s concerns for social matters, particularly with regard to the implementation of aid programmes and training initiatives aimed at local communities, were singled out as being innovative in the Angolan context.

Two companies from the Cochan Group, one of the largest business groups in Angola, are among the winners at the sixth edition of the SIRIUS Awards, organised by the consulting firm Deloitte to distinguish organisations and personalities that have stood out in the Angolan business community during the current year.

Corporate Social Responsibility and investment in human capital development initiatives in Cochan Group companies were highlighted at The Zahara Group, owner of the KERO supermarket and hypermarket chain and owned in turn by Cochan, which won the prize for Best Human Capital Development Programme at the 6th edition of the SIRIUS awards.

The Zahara Group, owner of the KERO supermarket and hypermarket chain and owned by Cochan, won the prize for Best Human Capital Development Programme. The jury highlighted the creation of a training academy set up by the Zahara Group to enhance the skills of the Angolan workforce, and the programme set up to identify and manage talent within the group.

Reacting to this success, Cochan’s chairman, Leopoldino Fragoso do Nascimento, said that “the Group’s guiding principle in its work is the belief that investment must be a positive instrument for change and a beneficial force for society. These awards come as recognition of the Group’s strategy and its concern for its staff and for the people who live in the communities where our investments are located.”

furthermore he said that their rapid growth cannot be nurtured if the company does not invest in their own people first. “I am proud of the work that Cochan has done to boost employment and entrepreneurship. Our identity as a company is firmly rooted in the communities we serve,” he added.

Cochan Group Cochan is one of the largest business groups in Angola. Founded in 2009 by businessman, Leopoldino Fragoso do Nascimento, the Group has investments in the fields of agriculture, distribution, energy, real estate, industry and transport and logistics.

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