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Issue 255, Friday 30 July 2010 - 18 Sha'ban 1431

African businesses awarded



Prime Ministers of Cameroon and Togo honoured African business leaders at a gala ceremony in London on June 21.

At an awards ceremony organised by African Business magazine and the Commonwealth Business Council (CBC), Prime Ministers, Philemon Yang and Gilbert Fossoun Houngbo together with 500 African ministers, ambassador, government officials and top business leaders from all regions of Africa celebrated the achievements of prominent businessmen and women driving growth and development in the Continent.

Yang presented the Lifetime Achievement award to Sir Samuel Esson Jonah, who was honoured for his outstanding contribution to the development of the private sector in Africa. Nedbank group of South Africa received the award for Good Corporate Governance from Houngbo.

The much coveted African Business of the Year went to Citadel Capital, Egypt, while Jubril Adewale Tinubu,CEO of Oando Plc, Nigeria won the Business Leader of the Year. Laurence Do Rego, Group Executive Director, Finance and Risk, Ecobank Transnational Incorporated, Togo, received the hotly contested Outstanding Businesswoman of the Year award.

Dr Charles Murigande, Minister of Education of Rwanda, picked up on behalf of his country the Award for Most Improved Investment Climate. Madame Coulibaly Maimouna Sidibe of Faso Kaba in Mali was honoured with the Best Agricultural Development award for her seed initiative which has revolutionised agricultural productivity in her country. The Tourism Destination of the Year went to South Africa, host of the World Cup event. Yara, the fertiliser company from Norway, won the Best Global Business in Africa and Safaricom was awarded the prize of Telecoms Company of the year for their innovative solutions and strong track record. Finally, FirstRand Foundation, the CSR arm of the FirstRand Group, was awarded the prize for Best Corporate Citizenship/Social Responsibility.

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