Chairman of Dangote Group, Alhaji Aliko
Dangote, and former Managing Director, United Bank for Africa Plc, Mr.
Tony Elumelu, have been selected along with three other individuals for
the 2012 edition of the Forbes Africa Person of the year award.
The other persons are Dr. James Mwangi, Chief Executive
Officer/Managing Director, Equity Bank Limited, Kenya; Joyce Banda,
President of Malawi and Stephen Saad, Co-founder, Aspen Pharmacare.
According to a statement by Forbes Africa, Dangote, Elumelu and the
others were nominated by its readers because of their impact on African
business in the past year.
The magazine said the Forbes Africa Person of the Year award would go
to the individual who has had the most influence on events of the year
gone by, adding that with the release of the final shortlist, voting has
started on the magazine’s website.
The magazine said voting would close on Thursday, November 1, 2012,
and the Forbes Africa Person of the Year would be revealed in an event
in Nigeria.
“Aliko Dangote and Tony Elumelu are two Nigerians who made the final
five. Dangote was there also last year before the awards was won by
fellow country man and Governor, Central Bank of Nigeria, CBN, Sanusi
Lamido Sanusi who did not make the final cut this year,” the magazine
maintained.
On the nominees, Forbes said Aliko Dangote, founder and president of
Dangote Group, last year’s runner-up to Forbes Africa Person of the
Year, is still Africa’s richest man worth more than $11.2 billion.
Dangote continues to be one of the continent’s biggest employers. He
promises to donate most of his fortune to charitable causes upon his
retirement.
“Dr James Mwangi won the Ernst & Young Entrepreneur of the Year
Award 2012 as well as Africa’s Innovation Leader of the Year Award in
2012. Equity Bank is planning to extend its financial services to
Ethiopia when the country opens its banking industry for foreign
investors.
“Banda, Malawi’s first female leader, has restored strained
diplomatic ties with neighbours and the international community. Her
administration has embraced investor friendly economic policies; she cut
her salary by 30 per cent; sold the presidential jet and a fleet of
luxury cars in austerity drive.
“Tony Elumelu, the multi-millionaire, grooms African business leaders
and enterpreneurs through the Tony Elumelu Foundation. He is the
leading advocate of Africapitalism, an economic philosophy that embodies
the private sector’s commitment to Africa’s economic transformation
through long-term investments.
“Stephen Saad is the biggest shareholder of the largest publicly
traded drug manufacturer, Aspen. The company has a market capitalisation
of $6 billion. Saad became a multimillionaire at 29. Now aged 47, he
employs more than 6,000 people.”
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