Winners named: Africa Awards for Entrepreneurship
BUSINESS| Oct. 15, 2012, 12:43 p.m.
The African Leadership Network, the membership network of new generation leaders in Africa, and Omidyar Network, a philanthropic investment firm, have given Dr. Richard John Pelwana Maponya of South African Maponya Mall fame a Lifetime Achievement award at the 2012 Africa Awards for Entrepreneurship.
The awards were handed out at African Leadership Network's Annual awards ceremony in Accra, Ghana.
Other winners included:
• La Laiterie du Berger won the Outstanding Small and Growing Business Award, a prize of USD50 000, and a commendation from the African Leadership Network. The company is a Senegalese dairy company that sources and processes milk from semi-nomadic Fulani pastoralists living along the Senegal River.
• Bridge International Academies was the runner-up for the Outstanding Small and Growing Business Award, also a prize of USD50 000, and a commendation from the African Leadership Network. In 2007 the company developed a strategy that would allow it to launch a large-scale network of high-quality, ultra low-cost, for-profit private schools.
• Secure ID won the Mature Business Award, which also came with a grand prize of USD100 000. SecureID is Nigeria's foremost Smart Card manufacturing company. It is the leading Europay, MasterCard and Visa - certified card plant in West Africa, one out of only six on the continent and a member of the elite club of only 80 such companies in the world.
• Quality Chemicals Industries Ltd. (QCIL) won the Transformational Business Award. The prize is bestowed on a notable business leader who has had a major socio-economic impact in Africa by building a business with revenues greater than USD 50 million. QCIL is a leading sciences and distribution company that locally manufactures anti-malarial and antiretroviral drugs to combat two of Africa's greatest challenges malaria and HIV/AIDS.
MORE BUSINESS NEWS
ITC urges governments to increase public procurement from women vendorsThe International Trade Centre (ITC) has launched an initiative to increase the number public procurement contracts being awarded to women-owned businesses. Currently only an estimated 1% of public-procurement contracts globally are awarded to WOBs or women entrepreneurs. Read More
Orange launches start-up accelerator programme in Ivory CoastWith “Orange Fab Ivory Coast” and “Fab Israel”, Orange’s network of start-up accelerators is now present on four continents. Read More
Safaricom shareholders agree yuMobile buyoutShareholders of Kenya’s leading telecom Safaricom voted in favour of the company’s acquisition of the network, IT and infrastructure of smaller rival yuMobile at the firm’s annual general meeting (AGM), meaning the deal now only requires regulatory approval to proceed. Read More
TLcom achieves second profitable African exit of 2014 with Movirtu saleVenture capital firm TLcom Capital (TLcom) has announced its second profitable exit in Africa this year with the sale for an undisclosed fee of virtual identity solutions provider for mobile operators Movirtu to BlackBerry. Read More
Why CWG is re-strategisingNigeria’s Computer Warehouse Group (CWG Plc) is re-strategising to take the company in a different direction. Read More
Green accelerator programme launched in KenyaImpact Amplifier, Growth Africa, VC4Africa and Hivos have joined forces to launch an accelerator programme for green entrepreneurs, looking to help these entrepreneurs scale their innovations across Africa. Read More
Nigeria will drive West African operations, says Asseco chiefEuropean software giant Asseco Group has decided to open shop in Nigeria to drive its presence in the sub-region from the country. Read More
Eaton Towers acquires Airtel towers in 6 countriesEaton Towers and Bharti Airtel today announced an agreement for the acquisition of over 3,500 telecoms towers by Eaton Towers from Airtel. Read More
TNM first quarter net profit jumps to K1.8 billionMalawi's mobile telecoms network service provider TNM continues to realise an increase in net profit from operations. Read More
FEATURED STORYMFarmer SMS redefines market access for Ugandan farmers
Ugandan smallholder farmers are benefitting from an ambitious innovative ICT mobile phone initiative that offers weather reports and up-to-date market information about changes in prices for agricultural commodities, thus granting them lucrative returns from their farming ventures.
BEST READ NEWS
IN DEPTHNIG President speaks his mind
Bayo Banjo, CEO, Disc Communications and President, Nigeria Internet Group (NIG) says the proposed licensing of infrastructure companies by the Nigeria Communications Commission (NCC) will breed corruption and entrench monopolistic practices. Kokumo Goodie reports.