Legatum Ventures

Legatum Group

Grand Prize Winner: Superflux

Superflux International
Tokunbo Tolabi
Chief Executive Officer

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In Their Own Words

"Established in October 1998, Superflux Limited has established itself as the leader of security printing in Nigeria serving banks. From its inception, the company has sought to challenge the status-quo by carving out a niche in security printing and setting the rules of the game through innovation, integrity and diversification. Superflux is poised for growth through product diversification, the launch of new related businesses and a new office in Ghana."

Overview

At the inception of Superflux, the founder identified a real market need and built a strong and sustainable organisation that established itself as a leader in the growing security printing business in Nigeria. A leading secure prints solutions provider to major financial institutions, corporations and government agencies in Nigeria, Superflux International Limited also offers outsourcing mailing services that require variable data printing (e.g. bank statements) with an increasing presence in the West African region. Security printing is destined to grow with the expanding financial services cluster in Africa, where Nigerian banks are taking the lead. Superflux was featured as a case study for ethical business practices by Lagos Business School in Nigeria.

Company Details
 
Years of Operation: 10
Industry: Secure Printing
No. of Employees: 300
 
Key Products: Printing (50%), mailing house (50%)
Key Customers: 17 out of 24 top banks in Nigeria; 10 mailing companies
Key Markets: Nigeria, Benin, Gambia, Sao Tome, Liberia, Zambia