Nigerian-born US-based Nollywood actress and singer Stella Damasus is a highly celebrated entertainer with a refined skill and several years of experience and expertise, traveling and empowering celebrities across Africa.
In her new position as talent scout for NW Tech Capital (OTC:NWTT) for its upcoming flurry of high-end celebrity skincare brands across Africa, Damasus will be responsible for expanding the company’s tentacles by acquiring the best talents.
Founded in 1996, NW Tech Capital is a publicly traded diversified holding company that was founded actively involved in the acquisition and investment of small, mid-size and development-stage private businesses in varied industries.
Over the next Five (5) years, NWTT plans to invest at least One Hundred Million Dollars ($100,000,000) in Africa, in Skincare research and development, manufacturing, distribution, marketing, to generate substantial revenue for its shareholders and to help combat skin cancer for people of color.
“Stella brings with her a wealth of experience and refined skill in talent acquisition that is almost unparalleled in today’s market,” said NWTT CEO Cedric Yengo. “With her extensive connections in the industry and her acumen for strategic alliances, we believe that Stella will help us to position ourselves as the premier beauty and wellness company in the nearest future”.
According to Edith Delight CEO of Tropicslab, “the Task Force led by Stella Damasus will begin accepting applications from celebrities immediately, for the creation of high end celebrity cosmetic brands”.
The announcement comes just after NWTT and Japan’s wealthiest man Tadashi Yanai sealed a multi-million ($80,000,000) commitment deal with Tropicslab to provide clinically approved skincare products.
The deal is expected to become effective by the end of August 2022 and shall also cover the manufacturing and distribution of products for celebrity skincare brands.
*For premium beauty news and top trends in South Africa, make sure to regularly visit the NOWinSA/Beauty page!
