Dangote Cement gets 2015 African Business of the Year Award

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Dangote Cement and Guaranty Trust Bank were among Nigerian businesses recognised at the 2015 African Business Awards held at the Four Seasons Hotel in New York, on the sidelines of the UN General Assembly.

The Awards, organised by African Business magazine, also honoured top business leaders, including Daphne Mashile Nkosi, Strive Masiyiwa, Helen Hai and Mohammed Dewji.

Also commended were the Nigerian Stock Exchange and Abellon Clean Energy.

The award for the 2015 African Business of the Year went to Dangote Cement, owned by Africa’s richest man, Aliko Dangote, who has already unfolded plans to expand cement production in several countries in the continent in anticipation of an infrastructure and construction boom.

The panel applauded Dangote Cement for its continued drive to develop new tailored products, gain market share and expand its activities throughout Africa.

Guaranty Trust Bank, GTB beat four other nominees in their category to win the Award for Good Corporate Governance, while Best Corporate Social Responsibility award went to the Nigerian Stock Exchange, NSE.

The Award for Best Corporate Social Responsibility was won by NSE, while the award for Insurance Company & Initiative of the Year went to BIMA.

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.

“This is the seventh year that 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,” Omar Ben Yedder said.

He described this year’s winners as worthy winners, saying the work of both our winners and nominees showed what could be done on the continent with hard work and single minded determination.

“We would have liked to have seen 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.”

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