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Lake Oil boss recalls humble beginnings as he receives award
By The Citizen Reporter
Media/news company
Mwananchi Communications Limited
What you need to know:
- From selling burgers at McDonald’s to building his own business empire, the 2022 Young Business Leader of the Year Award winner, Mr Ally Awadh recounts how he established Lake Oil Group in 2006
Dar es Salaam.
Those who have known Ally Awadh as a billionaire may not easily tell that he actually started off from very humble beginnings.
The founder of Lake Oil Group, who was recently named the winner of the 2022 Young Business Leader of the Year by The African Leadership Magazine, developed the love for entrepreneurship at the age of 22.
He was speaking in London yesterday while receiving the Young Business Leader award of the 2022 Year for Africa.
In a statement availed to The Citizen yesterday, Mr Awadh told participants that it was his entrepreneurial spirit that saw him working at McD