PRESS RELEASE: 12 Finalists Announced for the 2012 Africa Awards for Entrepreneurship
PRMonitor:home>>news release>>

PRESS RELEASE: 12 Finalists Announced for the 2012 Africa Awards for Entrepreneurship

 

  • Rigorous selection process yields a dozen finalists from a short list of 1200
  • Awards grow with entries from 50 African countries
  • Key sectors and all regions represented among the finalists
  • Five Winners will split prize money totalling USD 200 000

The African Leadership Network, the premier membership network of new generation leaders in Africa, and Omidyar Network, a philanthropic investment firm, today announced 12 finalists for the 2012 Africa Awards for Entrepreneurship.

Chosen from more than 1200 companies and representing eight African nations, the finalists highlight the impressive caliber and diversity of entrepreneurs in the competition. The top 12 represent a range of industries including manufacturing, information technology, education, agribusiness and financial services. The ultimate winners stand to win USD 200 000 in prize money and will be announced at a gala ceremony to be held at the Movenpick Ambassador Hotel in Accra, Ghana on 11th October 2012, as part of the African Leadership Network Annual Gathering.

The Africa Awards for Entrepreneurship recognize and award exceptional entrepreneurial leaders who serve as role models to Africa's aspiring entrepreneurs and demonstrate business excellence, innovation and profitability.  The 2012 Awards will recognize winners in four categories:

  1. Outstanding Small and Growing Business Award, which has a USD 50 000 prize, awarded to a young, remarkable business with revenues between USD 500 000 and USD 5 million;
  2. Mature Business Award, which has a USD 100 000 grand prize and USD 50 000 runner up prize, awarded to a remarkable African business with revenues between USD 5 million and USD 50 million;
  3. Transformational Business Award, 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; 
  4. Lifetime Achievement Award, conferred on a senior African business leader who has served as an entrepreneurial icon for several decades and has left an enduring legacy of success in Africa.

“We commend the finalists for their outstanding work and join them in celebrating this tremendous achievement,” commented Fred Swaniker, CEO and co-founder of the African Leadership Network. “The 2012 Awards have been particularly competitive, and these companies represent the finest of a shortlist of 1200 companies from 50 African countries. The African Leadership Network believes that entrepreneurship is critical to building prosperity in Africa. These Awards shine a light on Africa’s most promising entrepreneurs and distinguish them as role models for the next generation of entrepreneurs. We hope that the recognition will help them have even greater impact on the continent.”

The finalists of the 2012 Awards, by category, are:

Outstanding Small and Growing Business Award

  • La Laiterie du Berger: A Senegalese dairy company that sources and processes milk from semi-nomadic Fulani pastoralists living along the Senegal River
  • Bloodhound Technology:  A South African company that provides real-time personnel tracking and productivity services to leading security companies in the region –www.bloodhoundsa.com
  • Bridge International Academies: The company behind the biggest chain of low-cost private schools in Africa that runs 80 academies in Kenya with over 25,000 students –www.bridgeinternationalacademies.com

Mature Business Award

  • Food Concepts PLC: An integrated food company that pioneered the food court concept in Nigeria, and one of the largest fast food companies in the country –www.foodconceptsplc.com
  • Secure ID Ltd: Nigerian Smart Card manufacturing company that runs the leading Europay, MasterCard and Visa certified card plant in West Africa, one of six such companies in Africa, and 80 worldwide – www.secureidltd.com
  • RLG Communications Ghana Ltd: Ghanaian computer and hand-set manufacturing company, and one of the first indigenous African companies that assembles laptops and mobile phones – www.rlgghana.com

Transformational Business Award

  • Fidelity Bank Ltd: The fastest growing bank in Ghana that has expanded from one branch in 2006, to being the sixth largest bank in Ghana with 45 branches, a customer base of over 300,000 and deposits of more than USD 500 million in just six years of existence as a fully-fledged bank – www.fidelitybank.com.gh
  • Export Trading Group:  The leading agricultural commodity supply chain operator in East and Southern Africa, with 75 entities, 60 commodity lines, and presence in 26 countries in Africa, and 40 globally – www.etgworld.com
  • Quality Chemicals Industries Ltd: Leading Ugandan life sciences and distribution company that manufactures triple-combination antiretroviral (ARV) drugs in Sub-Sahara Africa – www.qcil.co.ug
  • Societe D’Articles Hyginieques:  Tunisia's leading producer of absorbent hygiene products, including baby care, feminine care, incontinence care and related paper products with 45% of the market share in the country
  • Orbit Chemicals Industries Limited: Leading Kenyan manufacturer and distributor of commercial cleaning chemicals and hygiene solutions – www.orbitchem.com

The winner for the Lifetime Achievement Award will be announced during the Awards Gala Ceremony on 11th October in Accra, Ghana.

The Africa Awards for Entrepreneurship was established in 2007 by the Legatum Group to recognize and award business leaders who serve as role models to Africa’s aspiring entrepreneurs and who demonstrate business excellence, innovation and profitability. Now in its sixth year of existence, the Awards have grown into Africa’s most prestigious business and entrepreneurship honours. In July 2012, the African Leadership Network won the exclusive licence to host the Awards from Legatum Group. Omidyar Network, the philanthropic investment firm dedicated to harnessing the power of markets to create opportunity for people to improve their lives, is sponsoring the awards for the third consecutive year.

“We are very pleased to announce the finalists and congratulate each for their remarkable accomplishments,” said Malik Fal, managing director for Omidyar Network Africa. “At Omidyar Network we are deeply committed to strengthening entrepreneurship in Africa and believe firmly in the power of business to drive positive social impact. We are especially encouraged by the growing success of the Awards, which today are a truly Pan-African institution and a key platform for nurturing an ecosystem in which high-impact entrepreneurs on the continent can thrive. The quality, diversity and number of the entrants demonstrate the immense potential of entrepreneurs to contribute to Africa’s development.”

The 12 finalists were determined after a rigorous screening process that focused on the soundness of the business model, financial health, integrity of business practices, and the contribution to socio-economic development. The Awards now enter the final stage where a panel of eight eminent business leaders will choose the winners for the Awards’ four categories. The business leaders include Kenyan businessman and investor Chris Kirubi; Karim Sadek, managing director, Citadel Capital, Egypt; Reeta Roy, president and CEO, MasterCard Foundation; Yvonne Ike, CEO for West Africa of the Renaissance Group; Paul Harris, former CEO, FirstRand Limited and professor, University of Stellenbosch; Adedotun Suleiman, founder and chairman of Arian Capital management in Nigeria; and Divine Ndhlukula, founder and CEO of Securicor in Zimbabwe and the overall winner of the 2011 Africa Awards for Entrepreneurship.

END

MEDIA CONTACTS:

Ms. Moliehi Molekoa

Magna Carta PR

Tel:                         +27 (0) 11 784 2598

Cell:                       +27 (0) 82 751 0420

Email:                    moliehi@magna-carta.co.za

 

ABOUT AFRICAN LEADERSHIP NETWORK

The African Leadership Network is Africa’s premier network of young, dynamic, and influential new generation leaders in Africa. The organisation’s single mission is to drive Africa’s prosperity. ALN was founded in 2010 by Acha Leke, and Fred Swaniker, and held its inaugural Annual Gathering in the same year in Addis Ababa, Ethiopia.

 

ALN’s membership is made up of outstanding new generation African leaders from business, government, the arts and civil society. Current members are drawn from over 45 African countries. The top ten firms run by ALN members employ over 300,000 people across the continent, and generate collective revenues of over USD 20 billion. For more information, please visit www.africanleadershipnetwork.com.

ABOUT OMIDYAR NETWORK

Omidyar Network is a philanthropic investment firm dedicated to harnessing the power of markets to create opportunity for people to improve their lives. Established in 2004 by eBay founder Pierre Omidyar and his wife Pam, the organization invests in and helps scale innovative organizations to catalyze economic and social change. To date, Omidyar Network has committed more than $550 million to for-profit companies and nonprofit organizations that foster economic advancement and encourage individual participation across multiple initiatives, including entrepreneurship, financial inclusion, property rights, government transparency, consumer Internet and mobile. To learn more, visitwww.omidyar.com.

HTML Comment Box is loading comments...

SEND PR
Get your press releases to the most influential media outlets, editors, journalists, freelancers, news portals, social media networks, bloggers and industry analysts in an instant.
more>>

PR WRITING
Tell us what you want written and our professional news team will help you reach your goals.
more>>

BUSA to seek high level meeting on Eskom power emergency

Business Confidence Claws Back

NAAMSA new vehicle sales drop 3.1% in February

SACCI Copper Theft Barometer up in January

Further Deterioration of Trade Conditions

The Role of NDP in Growing Small Business

Pretoria Zoo crocs get a new reason to smile

Is Price Still King

Half of users believe banks will refund their money in the event of cyber theft

E-tolls must be debated by provincial legislatures

Statement on Forensic Report on Electoral Commision

Local Government Revenue and Expenditure: Second Quarter Local Government Section 71 Report

OPINION: Invoking the wrath of the gods

Nudge: A new communications tactic

PRESS RELEASE: OUTA remains defiant - purchase of e-tags in not law

PRESS RELEASE: UDM reax to Johannesburg

PRESS RELEASE: ANC Gauteng thanks 400 000 residents

PRESS RELEASE: Call to young South Africans: Register to vote!

PRESS RELEASE: Message of support to all learners and students for exams

SPEECH: Can good governance increase trust amongst Govt, CS, Labour and Business?

Pomposity and purple prose

MEDIA ADVISORY: Gordhan to present Budget on February 26

PRESS RELEASE: Minister Gordhan on Mr Mackay's death

PRESS RELEASE: Kumba ICT Concourt judgment

PRESS RELEASE: Minister Patel welcomes High Court decision on scrap metal export system for South Africa

MEDIA ALERT: Gigaba, Nzimande to host intake of 1 000 learner artisans

PRESS RELEASE: COSATU NW on the non-compliances of the municipalities

PRESS RELEASE: SAICA supports the AGSA general report of audit results of national and provincial government

PRESS RELEASE: Joburg Road Closures for the of opening of the Orange AFCON 2013

PRESS RELEASE: Joburg's faith groups urged to support Afcon 2013 through prayer

PRESS RELEASE: Sod turning heralds plans to enhance FNB Stadium pitch

MEDIA ALERT: US Secretary of Commerce launches 'Doing Businesss in Africa' initiative with BUSA

PRESS RELEASE: Statement on Operation "Pillar of Defense" and announcements of countrywide pickets

MEDIA ALERT: Busa to host chairperson of AU Dr Nkosazana Dlamini-Zuma

South Africa and Czech Republic recommitted to boost trade relations

SA-EU Business Forum to be inaugurated in Brussels

Improved N14 route between Delareyville and Sannieshof is opened

SANRAL builds roads - and people

N1 Polokwane road closure

OUTA urges MPs to look beyond SANRAL

E-tolls: the system is working but not without some challenges

Platinum mine strike not good for the workers

COSATU response to Public Protector

DA economic policy reinforces apartheid privileges

NUM statement on the State Of The Nation Address

Racism again at Sun International resort

MEDIA ALERT: Start your own business

PRESS ALERT: Financial Co-operatives’ Indaba

PRESS RELEASE: 12 Finalists Announced for the 2012 Africa Awards for Entrepreneurship

PRESS RELEASE: SAA crisis shows why effective succession planning is crucial for SMEs

PRESS RELEASE: Social Enterprises may be SA’s only option

PRESS RELEASE: NUM disappointed as Anglo reinforces boys club mentality

PRESS RELEASE: Tri-partite announcement on Amplats restructuring proposals

Grindrod and Northwest Rail Company partner to develop the Copper Railway in Zambia

New rail leasing entity established for Africa

PRESS RELEASE: Cargo Carriers’ subsidiary brings innovation and reliability to bulk haulage

PRESS RELEASE: Grindrod subsidiary, Vanguard, completes erection of first wind-energy farm

PRESS RELEASE: Grindrod receives green light to acquire RACEC

Agri-Vie Invests $5 Million Into Kariki Group

PRESS RELEASE: Agri-Vie invests 49.9% state in joint Terason and Technichem business

PRESS RELEASE: Agri-Vie announces 63% stake in Cape Olive Holdings

PRESS RELEASE: Agri-Vie invests $6m in Tanzania Food Corporation

PRESS RELEASE: Marel and Three Streams Smokehouse introduce ground-breaking fish processing system

PRESS RELEASE: Awareness vital in preventing onset of heart disease

Cipla Nutrition announces Pain & Gain body makeover competition winner

Setting realistic goals key to keeping 2014 fitness reslotions

PRESS RELEASE: Joshua Capazorio chooses Cipla Nutrition

PRESS RELEASE: Cipla Medpro 'Ajuga' to address South Africa's shack fire crisis

PRESS RELEASE: SA pharmacists support greater public-private collaboration - survey

PRESS RELEASE: Smart tips for festive savings this Christmas

Orion Group finishes 2013 with double-digit growth in Hotel Division

Limited trade commences in Vodacom YeboYethu Scheme

Vodacom comment on ICASA termination rate statement

PRESS RELEASE: Vodacom recognised as Best Performer on JSE SRI Index

PRESS RELEASE: Interim results for the six months ended 30 September 2013

PRESS RELEASE: Vodacom supports reduction in mobile termination rates, raises concerns on asymmetry

Nedbank appoints Epic Communications as its PR agency

Nedbank Fair Share 2030 starts with Targeted Lending of R6 billion

PRESS RELEASE: Absa named South Africa’s best bank in Service Excellence

PRESS RELEASE: Armien Tyer to join Absa as Head of Investments

PRESS RELEASE: Absa multi-currency travel card uptake at 77%

PRESS RELEASE: IBM appoints ICT Worx as the first IBM Authorised Training Partner

PRESS RELEASE: PBT Group expands

PRESS RELEASE: Samsung cloud strategy driven by access devices

PRESS RELEASE: The African potential for tablets

PRESS RELEASE: Samsung inks a trendsetting smart solutions partnership deal with the Rwanda Government

PRESS RELEASE: RGT Smart appoints new financial director

RGT Smart appoints new financial director

Copyright | Terms of Service