Interswitch, Main One chiefs bag West African leadership awards
BUSINESS| Aug. 14, 2012, 5:02 p.m.
By Kokumo Goodie, Lagos, Nigeria
The All African Business Leaders Awards (AABLA) has named Mitchell Elegbe, the Managing Director of Nigerian card payment firm Interswitch, the 2012 West Africa Business Leader of the Year.
According to the organisers of the event, AABLA is an initiative of CNBC Africa and serves as a platform to discover business leaders who are creating a culture of entrepreneurship, developing best practices and carving powerful and sustainable business models in the Nigerian and global economy.
To emerge winner of the coveted awards, leaders from various industries submitted names of nominees who were then shortlisted by a panel that comprised Atedo Peterside, Chairman, ANAP Foundation, Bismarck Rewane, CEO, Financial Derivatives Company and Frank Nweke Jnr, DG, Nigerian Economic Summit Group (NESG).
The organisers explained that to emerge winner in the West Africa Business Leader of the Year category, the candidate would have exemplified outstanding leadership in business, achieved positive financial results, increased shareholder value, provided sound management, proven corporate governance, demonstrated innovation, demonstrated best business practices and accountability, integrity and vision.
Other winners and categories were West Africa Business Woman of the Year: which Funke Opeke, MD of MainOne Cable Company bagged. Others are West Africa Entrepreneur of the Year: Ernest Nnaemeka Azudialu, MD of Nestoil; Lifetime Achievement Award: Tayo Adenirokun former MD of GTBank; and West Africa Young Business Leader of the Year, Elikem Nutifafa Kuenyehia (Oxford & Beaumont).
“Few things in life are entirely the work of just one person and this is no exception. I therefore pay tribute to the enormous contributions made by the team at Interswitch, our esteemed customers without which, none of this would have been possible. I thank everyone who thought me worthy to receive this award,” Elegbe said.
Guests at the event were captains of industry and leaders in the private sector. Also in attendance were Governor Rotimi Amaechi of Rivers state, who gave the keynote address and Governor Godswill Akpabio of Akwa Ibom State.
Head West Africa, CNBC Africa, Frederic Van De Vyver said in his vote of thanks, “We are very happy to celebrate leaders that have made a difference in the West African economies within their strategic sectors such as ICT, cashless economy, local content and so on”.
The East and Southern African AABLA regionals will be held in Nairobi, Kenya, and Cape Town, South Africa, respectively. The winners of each region automatically become finalists in the AABLA grand finale to be held in Johannesburg, South Africa.
MORE BUSINESS NEWS
BITC invites ICT investorsThe Botswana Investment and Trade Centre (BITC) is casting its net wide to appeal to players in the Information Technology sector to invest in the country. Read More
Yudala ‘an unstoppable movement’, says Zinox chiefThe opening of Yudala outlets, combining an online shopping platform with retail stores, has been described as a game-changer in Nigeria. Read More
Travelport, TTS sign reseller agreement for Africa, Middle East and Asia Pacific regionTravelport and TTS have signed a sales and distribution agreement for TTS products in the Africa, Middle East, and Asia Pacific regions. Read More
Airbnb to expand further across AfricaAirbnb, the world’s leading community-driven hospitality company, announced that its CEO, Brian Chesky will attend GES 2015 to meet with entrepreneurs from around the world and explore the sharing economy’s impact and expansion, particularly on the African continent - which represents a huge opportunity for the company. Read More
What African entrepreneurs wantOn the eve of U.S. President Barack Obama’s visit to Kenya for the Global Entrepreneurship Summit, GeoPoll, the Global Entrepreneurship Network, and the U.S. State Department have released a survey of 1,000 business owners throughout sub-Saharan Africa on entrepreneurship in their countries. Read More
ISON eyes 25,000 jobs, $400m in NigeriaISON Group has projected the creation of 25,000 new jobs and $400 million revenue within space of one or two years in Nigeria. Read More
NEC invests in XON to accelerate regional African growthNEC Europe, a wholly owned subsidiary of NEC Corporation, has invested in XON, the sub-Sahara African ICT group, and the two organisations will have an integrated market approach that will combine their local expertise in the region to provide greater sales coverage in the sub-Sahara African market. Read More
Orange, Airtel in talks on acquisitionsOrange and Bharti Airtel International (Netherlands) BV, have entered into an exclusive agreement to explore the possible acquisition by Orange of four Airtel subsidiaries. Read More
Equitel seeks a share of Kenya’s lucrative telco marketEquity Bank’s subsidiary, Finserve Africa, has launched Equitel, a new mobile payment and banking platform for its customers, which officially brings to the fore the convergence between mobile and banking services in Kenya. Read More
FEATURED STORYBatswana dragging feet in digital migration
More than a month after the deadline for the digital migration from analogue television, few people have shown any pronounced enthusiasm in entering the new digital TV realm.
BEST READ NEWS
IN DEPTHAs curtain falls on MDGs, what next?
Dr. Bjorn Lomborg, president of the Copenhagen Consensus Centre, speaks to Biztechafrica about setting smart targets.
COMPANY NEWSMTN Business App of the Year submissions closed
Entries for the annual MTN Business App of the Year Awards taking place on 13 August in Johannesburg have closed, and an expert panel of judges that is adjudicating ...