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GUANOMAD, a malagasy company awarded by Africa Awards for Entrepreneurship

October 07th, 2013

FTHM Conseils is proud for having supported GUANOMAD company in its development, in providing financial, accounting and legal services.

Mauritius October 4th 2013. Guanomad, one of Madagascar's most innovative companies, producing and distributing organic fertilizer from the feces of bats for the development of organic agriculture was yesterday promoted the most remarkable and promising SMEs in Africa for 2013 by the prestigious Africa Awards for Entrepreneurship (AAE).
The awards took place at a gala ceremony in Mauritius, with the participation of Deputy Prime Minister and Ministry of Finance of Mauritius.

The founder and current CEO of Guanomad Eric Rajaonary says :
"I'm really happy to receive this award for African leadership network . We are not aware of the interest that others relate to entrepreneurs in Africa. It is a pleasure and a source of motivation to realize that many entrepreneurs share the same vision of a prosperous Africa that we have at Guanomad .
At Guanomad , financial gain is not our only goal. A successful business is a responsible company. We need to promote food self-sufficiency , create jobs and be an actor of hope for African youth. On behalf of the team Guanomad , who invested his time and even his life to build this business , we are very honored to receive this award , an encouraging sign for all other entrepreneurs.

For 7 years now , AAE has been the most recognized african competition of the Old Continent. It allows reward of up to $ 200,000 , five entrepreneurs recognized for their business excellence and their social impact.

The AAE gala ceremony was held at the ALN Annual Gathering, which was held at St Geran Resort in Mauritius. Omidyar Network, the philanthropic investor is the sponsor of this competition for 4 years already. It aims at supporting entrepreneurs with the opportunity to improve the quality of life of the population.
Guanomad was selected from 12 finalists after a rigorous audit focused on the business model, financial stability, integrity in business practices and the socio-economic impact. The selection was made by five judges, themselves leaders in African entrepreneurship.
This great event is also seen as a recognition of the potential of Madagascar on the world market.

Download photos_guanomad.pdf (164 Ko)

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