Dangote Cement Clinches 2015 African Business Of The Year Award

Nigerian companies have continued to emerge winners in the African Business of the Year awards held in far away United States of America. The awards, organised by African Business Magazine, also commended leading businesses including Dangote Cement, Guaranty Trust Bank (GTB), Abellon Clean Energy, the Nigerian Stock Exchange (NSE) and BIMA, leading provider of mobile-delivered micro-insurance in emerging markets.
The award for the 2015 African Business of the Year went to Dangote Cement owned by Africa’s richest man, Aliko Dangote. The Nigerian cement behemoth plans to expand production in several countries in anticipation of an infrastructure and construction boom. The award panel applauded Dangote Cement for its continued drive to develop new products, increasing market share and expanding its activities throughout the continent.
GTB beat four other nominees in its category to win the Award for Good Corporate Governance while Abellon Clean Energy outperformed four contenders to claim the Award for Innovation. The Award for Best Corporate Social Responsibility was won by NSE, while the award for Insurance Company & Initiative of the Year went to BIMA.
The awards, organised by African Business Magazine, also commended leading businesses including Dangote Cement, GTB, Abellon Clean Energy, the NSE and BIMA.
Commenting on the awards, Omar Ben Yedder said: “This is the seventh year we have organised the African Business Awards. We are grateful to Zenith Bank, GTBank, Agility and Cofina for supporting African Business Magazine and IC Events in bringing about this year’s awards. We have worthy winners and the work of both our winners and nominees shows what can be done on the continent with hard work and single- minded determination. We would have liked to see more entries from the francophone world, but this may reflect the fact that English speaking countries in general have a more developed and thriving private sector.”
Daphne Mashile Nkosi, Executive Chairperson, Kalagadi Manganese, South Africa, received the prestigious award for Most Outstanding Woman in Business. The judges gave special recognition for Nkosi’s remarkable achievements in an industry, which has often been one of dominated by men. She is committed to the people of South Africa and uses every available resource to enrich the lives of the average South African. She is responsible for the creation of over 30,000 jobs in the Northern Cape and will go down in history as the mother of the largest mining venture of its kind in the last 30 years.

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