Few figures in Africa’s history command attention like Daisy. Danjuma—a woman whose life story reads like a gripping narrative of ambition, resilience, and extraordinary triumphs. From the courtroom to the Senate, and now at the helm of a major corporate empire, her journey has been one of breaking barriers and rewriting the script of what’s possible for women in Africa. But even as her legacy takes shape, one can’t help but wonder: what will Daisy Danjuma conquer next?

Born into a family that instilled the values of service and excellence, Daisy’s ascent was inevitable—but the heights she would reach were unimaginable. With a law degree from Ahmadu Bello University, she stormed into Nigeria’s legal scene with a fire that couldn’t be ignored. Her mastery of corporate law made her indispensable to high-profile clients navigating Nigeria’s turbulent economic and legal landscape. Yet, for Daisy, the courtroom was just the beginning.

In 2003, she stunned many by stepping into politics, entering a Senate often dominated by men. Representing Edo South Senatorial District, she wasted no time making her presence felt. Her debates were bold, her bills transformative, and her advocacy for women and children relentless. But beneath her legislative achievements lay a deeper question: Ws Nigeria ready for the kind of change Daisy was determined to bring? Her bold reforms and tireless work on women’s rights left critics scrambling and allies rallying behind her.

Even outside the Senate, her drive to empower women took on a life of its own. Daisy’s advocacy wasn’t confined to speeches or policies—it was action-orientated, creating opportunities for women in education, business, and politics. She championed causes that others feared to touch, building a legacy that continues to ripple through generations.

But just when it seemed Daisy had reached the pinnacle of her influence, she pivoted yet again—this time into the high-stakes world of business. As Vice Chair of South Atlantic Petroleum (SAPETRO), Daisy brought the same tenacity and strategic brilliance that defined her earlier career. Under her watch, SAPETRO expanded its footprint across Africa, venturing into oilfields that seemed out of reach. Her sharp business instincts turned challenges into triumphs, cementing SAPETRO’s place as a major player in the energy sector.

Yet behind the boardroom doors, Daisy wasn’t just chasing profit—she was redefining what ethical leadership looks like in an industry often mired in controversy. Her commitment to corporate governance, transparency, and sustainability earned her admiration and respect, but it also raised an intriguing question: how far could this bold visionary take Africa’s energy ambitions?

Her philanthropic pursuits add another layer to her enigmatic persona. Whether funding healthcare initiatives, empowering underserved communities, or championing education, Daisy’s impact has been profound. But for every life she’s touched, there’s a growing anticipation of what comes next. Her vision for a fairer, more equitable society feels like a promise yet to be fulfilled—and one can’t help but feel the weight of what’s still to come.

Daisy Danjuma’s journey is intriguing. With each step, she has defied expectations, conquered uncharted territories, and set new standards for leadership. But her story is like an unfinished symphony—every accomplishment, every bold move, leaves us wondering about the crescendo that lies ahead.

Will she expand her influence further, perhaps onto a global stage? Will her advocacy for women reshape the continent in ways we can’t yet imagine? Or will her next act, as always, take us by surprise? For Daisy Danjuma, the future is not a destination—it is an evolving masterpiece. And for those of us watching, the suspense is irresistible.

One thing is certain: Daisy Danjuma is far from done. Her story is a testament to the power of vision, resilience, and a restless spirit. unwilling to settle. As the chapters of her life continue to unfold, the world waits, breathless, to see how this extraordinary trailblazer will write the next page.

The post Daisy Danjuma: Redefining Power, Influence, and Purpose appeared first on African Leadership Magazine.

Dennis Otuaro and Nigeria’s Niger Delta Amnesty Programme: The Tipping Point

A Crucial Appointment

Dr. Otuaro’s appointment comes at a critical juncture. The PAP, designed to rehabilitate ex-militants and reintegrate them into society through job creation and vocational training, has been mired in allegations of corruption and inefficiency. Now, Otuaro must either restore the program’s credibility or risk joining the list of reformers who failed to bring lasting change.

President Tinubu’s decision to appoint Otuaro, who succeeds Maj. Gen. Barry Ndiomu (Rtd), highlights the significance of this moment. Otuaro’s strong ties to the Niger Delta and his career, marked by notable achievements, suggest he might be PAP’s best chance at recovery.

A Leader with Deep Roots

With a Ph.D. in Comparative Politics and Development Studies, Otuaro brings impressive intellectual credentials. His tenure at the Niger Delta Development Commission (NDDC) saw him lead critical infrastructure projects and advocate for environmental remediation. As a consultant in public policy, peace-building, and conflict resolution, his expertise is well established.

However, his close connection to the Niger Delta could either empower him or prove to be a challenge. He understands the region’s grievances—lack of development, environmental degradation from oil exploitation, and unfulfilled promises from previous administrators. But will this deep-rooted familiarity help him make tough, necessary decisions, or will it cloud his judgment?

Navigating the Niger Delta’s Complex Landscape

The Niger Delta has long been a region marred by conflict. Years of neglect by the federal government and environmental damage from oil exploration led to the rise of militant groups. In 2009, the PAP brought temporary peace, disarming militants and offering them skills to reintegrate into society. Yet, over time, the program has shown cracks, and ex-militants, frustrated with unfulfilled promises, are losing faith.

Otuaro’s vision of job creation and infrastructure development could restore hope. However, he must act quickly to address the delayed stipends and ineffective vocational training that leave many ex-militants disillusioned. Without tangible improvements, the fragile peace could collapse, returning the region to chaos.

A Strategy for Lasting Change

Otuaro’s plan for the PAP includes a comprehensive overhaul, starting with transparency. Corruption and mismanagement have plagued the program for years, with funds disappearing into bureaucratic black holes. By tightening financial controls and enforcing accountability, Otuaro aims to restore trust.

His vision extends beyond short-term fixes. Otuaro envisions a Niger Delta where job creation is not just a promise but a reality. He plans to develop public-private partnerships in industries like agriculture, renewable energy, and tourism, drawing on his experience as CEO of Owelle Global Resources to execute these ambitious goals.

Facing Opposition and Obstacles

Otuaro’s path will not be easy. Internally, he must win over ex-militants who are disillusioned with past failures. Externally, he faces the complex web of Nigerian politics, where power struggles and vested interests could derail even the best-intentioned efforts. Some political factions view the PAP as a tool for personal gain, rather than a genuine effort to improve the Niger Delta. Otuaro will need to navigate these challenges carefully, ensuring the program stays focused on its goals.

Racing Against Time

Time is not on Otuaro’s side. The people of the Niger Delta are impatient, and many have lost hope in the PAP’s ability to bring real change. Otuaro’s focus on environmental remediation and job creation could restore faith in the program, but he must balance short-term solutions with long-term development strategies.

As the new administrator, Dr. Otuaro faces a monumental task. Success could bring lasting peace and prosperity to the Niger Delta, but failure could plunge the region back into violence. Whether Otuaro rises to the challenge or becomes another casualty of a broken system remains to be seen. The nation will be watching as he steps into this high-stakes role.

In this moment, the stakes couldn’t be higher.

The post Dennis Otuaro and Nigeria’s Niger Delta Amnesty Programme: The Tipping Point appeared first on African Leadership Magazine.

The award is presented during an event that gathers key African and Caribbean leaders under the theme “Multi-Stakeholder Partnerships to Drive Transformation towards Sustainable and Resilient Societies.”

Leadership and Innovation in Infrastructure Development
Lupisaly Jermalili plays an instrumental role in advancing the mission of Lilico Engineering Services, providing innovative solutions in the construction, energy, and telecommunications sectors. His leadership results in the successful completion of critical infrastructure projects that facilitate economic growth in South Sudan and strengthen regional integration across East Africa. Jermalili’s focus on sustainable, eco-friendly engineering solutions also earns him industry-wide recognition, as his initiatives align with global efforts to promote environmental responsibility.

Advancing Technology and Economic Growth
Jermalili’s dedication to advancing technology-driven infrastructure positions Lilico Engineering Services as a leader in the sector. Under his leadership, the company integrates modern technologies such as drone surveying and renewable energy solutions, enhancing project efficiency and sustainability. His commitment to using local talent and resources further contributes to job creation and economic development in South Sudan.

International Recognition and Collaboration
The IFAL 2024 forum gathers notable figures, including H.E. Rt. Hon. Raila Odinga, Former Prime Minister, Republic of Kenya; Her Excellency Nomvula Paula Mokonyane, Deputy Secretary-General, African National Congress, South Africa; Ms. Reta Jo Lewis, President and Chairman, U.S. Export-Import (EXIM) Bank; H.E. Sen. Douye Diri, CON, Executive Governor, Bayelsa State, Nigeria; H.E. Mr. Agbu Kefas, Executive Governor, Taraba State, Nigeria; H.E. Martin Gama Abucha, Hon. Minister, Ministry of Mining, Republic of South Sudan; Dr. Kevin Greenidge, Governor, Central Bank of Barbados; Mr. Harry Kalaba, President, Citizens First Party, Zambia; Senator Barr Sunday Marshall Katung, Senator for Southern Kaduna, Nigeria; Mr. Stephen L. Hightower, President and CEO, Hightowers Petroleum Co. (HPC), USA; Dr. Benedito Paulo Manuel, Director General, Sociedade Mineira De Catoca Lda, Angola; Dr. Mustapha Abdul-Hamid, Managing Director, National Petroleum Authority, Ghana; Mr. Olusegun Alebiosu, Managing Director/CEO, First Bank of Nigeria Limited; Eng. Victor B. Mapani, Managing Director, Zambia Electricity Supply Corporation Limited (ZESCO); Mr. Daniel Asiedu, Managing Director, OmniBSIC Bank Limited, Ghana; and Dr. Jesca Mhoja Nkwabi, CEO, KOM Group of Companies, Tanzania, among others.

About IFAL and African Leadership Magazine
The International Forum on African-Caribbean Leadership is an annual event that fosters collaboration between leaders from Africa and the Caribbean, exploring transformative solutions to global challenges. African Leadership Magazine, which organises the event, is a leading platform for showcasing African success stories and promoting leadership in business, government, and development across the continent.

For information, contact:

The Group Editor
King Richard Igimoh
editor@africanleadership.co.uk
King.richards@africanleadership.co.uk

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Dr. Akindeinde’s recognition stems from his distinguished contributions to the fields of technology, cybersecurity, and financial systems security. With over 20 years of experience, his expertise in addressing the security challenges of Electronic Funds Transfer (EFT) and Financial Transaction Systems (FTS) positions him as a leader in the global technology sector. Through his company, Hyperspace Technologies Limited, Dr. Akindeinde leads the deployment of innovative solutions in web3, blockchain, and artificial intelligence (AI), further enhancing enterprise security and driving digital transformation across industries.

Dr. Akindeinde presents his research at leading international conferences and collaborates with organisations such as the National Security Agency (NSA), the Central Bank of Nigeria (CBN), and the Nigerian eFraud Forum (NeFF), where he serves as an adviser. His pioneering work in web authentication, identity management, and token-based smart contracts has earned him accolades from industry leaders and government bodies.

His recognition at IFAL 2024 underscores the crucial role technology plays in fostering resilience and sustainable development. One of Dr. Akindeinde’s flagship products, cipherKEY tap2signTM, which uses NFC microchip technology for passwordless, multi-factor authentication, exemplifies how cutting-edge solutions can enhance security in the digital age. His contributions extend beyond finance, impacting sectors like telecommunications, manufacturing, and oil and gas, while offering cybersecurity insights to government agencies and parliaments in Nigeria.

High-profile figures, including H.E. Rt. Hon. Raila Odinga, former Prime Minister, Republic of Kenya; Her Excellency Nomvula Paula Mokonyane, Deputy Secretary-General, African National Congress, South Africa; Ms. Reta Jo Lewis, President and Chairman, U.S. Export-Import (EXIM) Bank; H.E. Sen. Douye Diri, CON, Executive Governor, Bayelsa State, Nigeria; H.E. Mr. Agbu Kefas, Executive Governor, Taraba State, Nigeria; Dr. Kevin Greenidge, Governor, Central Bank of Barbados; and many others, are in attendance.

The forum provides a platform to explore how partnerships and innovative strategies can tackle global challenges such as climate change, poverty, and economic development.

Dr. Akindeinde’s recognition highlights his dedication to advancing technological solutions that secure digital infrastructures while contributing to Africa’s broader socio-economic growth.

About the International Forum on African-Caribbean Leadership (IFAL):
IFAL is an annual event organised by African Leadership Magazine, bringing together global leaders to foster collaboration and explore solutions to global challenges, particularly focussing on Africa and the Caribbean.

About African Leadership Magazine:
African Leadership Magazine, published by African Leadership (U.K.) Limited, tells the African story from an African perspective. The magazine highlights leadership, economic development, and solutions to the unique challenges Africa faces today. With over 1,200,000 subscribers and a large social media presence, it is a leading voice in African leadership.

For more information, contact:

King Richard Igimoh
Group Editor, African Leadership Organisation
editor@africanleadership.co.uk
king.richards@africanleadership.co.uk

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At the prestigious 2024 International Forum on African-Caribbean Leadership (IFAL), H.E. Dr. Benedito Paulo Manuel, Director General of Sociedade Mineira De Catoca Lda, received the Honorary Citizenship of the State of Georgia from the Georgia Senate. This commendation was presented during a gathering of prominent leaders from Africa and the Caribbean, themed “Multi-Stakeholder Partnerships to Drive Transformation towards Sustainable and Resilient Societies.”

Dr. Manuel’s recognition highlights his distinguished leadership in the global mining industry, particularly as he oversees Catoca, Angola’s largest diamond mining company and the fourth-largest in the world. With a strong educational background in mining engineering and business administration, coupled with over two decades of industry experience, Dr. Manuel has been instrumental in driving Catoca’s growth and innovation.

Under his leadership, Catoca has achieved significant milestones, including strategic expansions into new mining areas and the adoption of advanced mining technologies to improve operational efficiency. Dr. Manuel’s commitment to sustainability has helped Catoca solidify its reputation as a leading player in the global diamond market. His initiatives not only emphasise responsible mining practices but also focus on community welfare, ensuring that the local population benefits from the company’s operations.

Dr. Manuel’s leadership approach centres on innovation and sustainability, resulting in impactful community programs and environmental stewardship efforts. His dedication to ethical mining has earned him numerous accolades, establishing him as a key figure in the international mining community.

Looking ahead, Dr. Manuel envisions further global expansion for Catoca, with a focus on continued technological advancements and contributions to sustainable development. His vision sets a benchmark for responsible and innovative mining practices, influencing industry standards worldwide.

The event attracted distinguished leaders, including:

• H.E. Rt. Hon. Raila Odinga, Former Prime Minister of Kenya
• H.E. Sen. Douye Diri, Executive Governor of Bayelsa State, Nigeria
• Ms. Reta Jo Lewis, President and Chairman of the U.S. Export-Import (EXIM) Bank
• H.E. Agbu Kefas, Executive Governor of Taraba State, Nigeria

This forum provided a critical platform for discussing innovative strategies to address global challenges, such as climate change, poverty alleviation, and economic development, particularly within Africa and the Caribbean.

Dr. Manuel’s recognition underscores his unwavering commitment to advancing responsible and innovative mining practices that not only secure valuable resources but also contribute to the socio-economic development of communities in Angola and beyond.

About IFAL
The International Forum on African-Caribbean Leadership (IFAL) is an annual event organised by African Leadership Magazine, bringing together global leaders to foster collaboration and explore transformative solutions to global challenges, especially those concerning Africa and the Caribbean.

About African Leadership Magazine
Published by African Leadership (U.K.) Limited, African Leadership Magazine aims to share Africa’s best stories with a global audience. Since its launch, the magazine has become a leading voice for leadership in Africa, reaching over 1.2 million international investors, business executives, and policymakers. It remains dedicated to telling the African story from an African perspective, spotlighting leaders who embody a legacy-driven approach to leadership.

For more information, Contact;
King Richard Igimoh,

Group Editor, African Leadership Organisation
editor@africanleadership.co.uk
King.richards@africanleadership.co.uk

The post H.E. Dr. Benedito Paulo Manuel Gets Honorary Citizenship of the State of Georgia at IFAL 2024 appeared first on African Leadership Magazine.

The dependency theory, proposed by economists like Andre Gunder Frank, suggests that foreign aid can trap nations in a cycle of dependency, hindering their ability to develop independently. This theory is particularly relevant to Africa, where aid has sometimes been seen as a tool for maintaining Western influence rather than empowering local economies.

However, recent data suggests that there has been a paradigm shift in the way Africa engages with global powers. The focus is increasingly moving from traditional aid to investment-based partnerships, one that is characterised by mutual benefits, economic growth, and long-term sustainability.

The Shift Towards Investment

In contrast to the traditional aid model, the last two decades have witnessed investment-driven partnerships between Africa and the West. This shift is exemplified by the rise of foreign direct investment (FDI) in Africa. According to the United Nations Conference on Trade and Development (UNCTAD), FDI flows to Africa reached $83 billion in 2021, marking a 147% increase from the previous year.

This surge in investment is driven by multiple factors. Firstly, Africa’s vast natural resources, including minerals, oil, and gas, have attracted significant interest from global investors. Secondly, the continent’s burgeoning middle class and rapid urbanisation have created new markets for consumer goods and services. Finally, Africa’s youthful population, with over 60% of its population under the age of 25, presents a significant opportunity for economic growth and innovation.

Key Players in Africa’s Investment

Several global powers have emerged as key players in Africa’s new investment-driven economic landscape. China, in particular, has taken a leading role. Through its Belt and Road Initiative (BRI), China has invested billions in African infrastructure projects, including railways, ports, and highways. By 2022, China’s FDI stock in Africa had surpassed $56 billion. This investment is often framed as a win-win partnership, providing much-needed infrastructure for African nations while opening up new markets for Chinese companies.

The United States has also shifted its approach, with initiatives like Prosper Africa, which aims to increase two-way trade and investment. Since its inception, Prosper Africa has supported over 800 deals worth an estimated $50 billion across 45 African countries.

Europe, too, has been rethinking its strategy. The European Union launched its ‘Africa-Europe Alliance for Sustainable Investment and Jobs in 2018, to create 10 million jobs in Africa by 2025. This initiative is part of a broader strategy to foster economic growth and reduce the root causes of migration.

The Benefits of Investment-Driven Partnerships

The shift from aid to investment offers numerous benefits for African nations. Unlike aid, which is often short-term and conditional, investments tend to be long-term and focused on economic development. Investment-driven partnerships promote job creation, infrastructure development, and skills transfer, which are crucial for sustainable growth.

For instance, the African Continental Free Trade Area (AfCFTA), which came into effect in 2021, is expected to boost intra-African trade by 52% by 2022, according to the World Bank. This trade agreement, the largest in the world by number of countries participating, is a testament to Africa’s commitment to transforming its economic landscape through investment and trade.

Moreover, investments in technology and innovation are helping to drive Africa’s digital transformation. For example, fintech companies in Nigeria, Kenya, and South Africa are attracting substantial venture capital, positioning these nations as leaders in the global fintech ecosystem. In 2021 alone, African startups raised over $4 billion in venture capital, a significant increase from previous years.

Challenges and Considerations

While the shift from aid to investment presents numerous opportunities, it is not without challenges. One major concern is the risk of debt dependency, particularly concerning Chinese loans for large infrastructure projects. The Centre for Global Development has highlighted that several African countries are at risk of debt distress due to these loans.

Furthermore, the benefits of investment-driven partnerships are not always evenly distributed. There is a risk that investments may exacerbate inequality, particularly if they are concentrated in specific sectors or regions. African governments must ensure that investment leads to inclusive growth that benefits all citizens.

READ  ALSO: Global Trade Policies: Impact and Lens on Africa’s Economy

What Next?

African nations are taking charge of their economic future, focusing on long-term growth and sustainability. While challenges remain, the opportunities presented by this shift are immense. As global powers continue to invest in Africa, the continent is poised to become a major player in the global economy, driven by innovation, entrepreneurship, and a youthful, dynamic population.

This transformation will require careful management, strategic planning, and a commitment to inclusive growth. If these elements are in place, Africa’s shift from aid to investment could very well be the key to unlocking the continent’s vast potential in the next century.

The post The Shift in Africa’s Economic Partnerships with Global Powers appeared first on African Leadership Magazine.

The launch event featured high-profile stakeholders, including the Minister of Environment, Balarabe Lawal, and the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama. Their presence highlighted the urgent need for sustainable financing to address Nigeria’s environmental challenges. “With issues like flooding, pollution, and deforestation, we urgently need funds to tackle them. This is why we are approaching the market,” Lawal emphasised.

L-R: Doyen, Nigerian Exchange Group (NGX), Sam Willie Ndata; Doyen of the Capital Market, Alhaji Rasheed Yussuff; CEO, NGX Regulation, Femi Shobanjo; Executive Director, Risk Management, Access Bank Plc, Greg Jobome; Minister of Environment, Malam Balarabe Abbas Lawal, and Group Chairman, NGX Group, Alhaji Umaru Kwairanga at the launch of the NGX Impact Board at the Nigerian Exchange… recently.

Gregory Jobome, Access Bank’s Executive Director of Risk Management, praised the bank’s pioneering efforts in sustainable finance during the event. “As a leader in issuing corporate green bonds in Africa, Access Bank is committed to driving environmental sustainability and supporting projects that align with the Sustainable Development Goals (SDGs). The NGX Impact Board is a significant step towards fostering a greener and more responsible investment landscape,” he noted.

Gregory Jobome, Executive Director, Risk Management, Access Bank Plc in conversation with Balarabe Abbas Lawal, Minister of Environment at the launch of the NGX Impact Board at the Nigerian Exchange

Dr. Emomotimi Agama, Director-General of the SEC, reinforced the commission’s commitment to enhancing the sustainable finance market. “We are ready to deepen the market with diverse instruments that contribute to Nigeria’s sustainable development,” he said.

Expressing confidence in the NGX’s capabilities, Dr. Umaru Kwairanga, Group Chairman of the Nigerian Exchange Group, stated, “We possess the capacity, resources, and technology to raise the funds required by the Federal Ministry of Environment and the Nigerian economy to achieve the goals outlined in the Paris Agreement and the Sustainable Development Goals.”

Access Bank has consistently led climate finance efforts across Africa, demonstrating a strong commitment to sustainable practices and financial solutions. In June 2018, the bank supported the Green Bond Market Development Programme organised by FSD Africa, the Climate Bonds Initiative (CBI), and FMDQ Group PLC, aiming to develop a non-sovereign green bond market in Nigeria. This initiative sought to embed sustainability principles into the Nigerian capital markets and support broader debt capital market reforms for a climate-resilient economy.

In April 2019, Access Bank issued its inaugural green bond, valued at NGN 15 billion (USD 41 million), becoming the first African corporate entity to receive CBI certification. The bond, listed on multiple exchanges, including the FMDQ OTC Securities Exchange, Nigerian Stock Exchange, and Luxembourg Green Exchange, set the tone for the continent’s appetite for green capital. Building on this success, the bank issued USD 50 million in Reg S Step-Up Green Notes in 2022 under its USD 1.5 billion Global Medium-Term Note Programme, further solidifying its commitment to sustainable financing.

The post Access Bank joins forces with NGX to launch the Revolutionary Impact Board appeared first on African Leadership Magazine.

ABLA showcases Africa’s best to a global audience, recognizing those who have significantly contributed to the continent’s economic transformation. Over the years, ABLA has become one of the most coveted honors in the African business community, celebrating those who drive progress and innovation.

The 2024 awards ceremony gathered influential leaders from various sectors, including government, business, academia, and civil society, to celebrate the awardees’ accomplishments. Winners were chosen based on their leadership qualities, industry impact, contributions to socio-economic development, and commitment to ethical business practices—key elements that unleash Africa’s potential.

Winners of the African Business Leadership Awards 2024:

• Paul Russo: Group CEO of KCB Group Plc, Kenya – African Business Leader of the Year.
• Abdulmajid Nsekela: GMD/CEO of CRDB Bank, Tanzania – African Leadership Banking Personality of the Year.
• Hon. Lucia Lipumbu: Namibian Minister of Trade and Industrialization – African Trade and Investment Minister of the Year (co-winner).
• James Alic Garang: Governor of the Bank of South Sudan – African Economic Resilience and Growth Champion.
• Segun Ogunsanya: Group CEO of Airtel Africa – Lifetime Achievement Award for contributions to telecommunications.
• Seinye Lulu-Briggs: Chairman of Moni Pulo Limited, Nigeria – Special African Business Leadership Commendation Award.
• Hanan Abdul-Wahab: CEO of the National Buffer Stock Company, Ghana – African Food Security Champion Award.
• H.E. Rindra Hasimbelo Rabarinirinarison: Minister of Economy and Finance of Madagascar – Special Leadership Commendation Award.
• Qs. David Mathu: Managing Director & CEO of the National Housing Corporation, Kenya – Young African Business Leader of the Year (co-winner).
• Benedito Paulo Manuel: Director General of Sociedade Mineira de Catoca Lda, Angola – Industry Personality of the Year.
• Princess Victoria Haastrup: Executive Vice-Chairman of ENL Consortium Limited, Nigeria – African Female Business Leader of the Year.
• Lola Olukuewu: CEO of TOPAS HUB Africa – African Leadership Commendation Award on Entrepreneurship and Real Estate.
• Oluyemi Sumbo Obadare: CEO of Certification Partner Global (CPG) – African Leadership Commendation Award on Governance Risk and Compliance.
• Jesca Mhoja Nkwabi: CEO of Kom Group of Companies, Tanzania – Young African Business Leader of the Year (co-winner).
• EcoBank Transnational Incorporated: African Brand of the Year for contributions to financial inclusion and innovative digital solutions.
• Echono Sunday: Executive Secretary of TETFund – African Leadership Excellence in Education Development Award.
• Edson R. Dos Santos: Chairman & CEO of Etu Energias Angola – Special Industry Personality Commendation Award.
• H.E. Olavo Avelino Garcia Correia: Deputy Prime Minister of Cape Verde – African Finance Minister of the Year.

Certificates of Recognition:

• Abdulmajid Nsekela: GMD/CEO of CRDB Bank, Tanzania – Top 25 African Finance Leaders Listing Certificate.
• Sanjeev S.K. Gopaul: Founder/CEO of Credential Group, Mauritius – Top 40 African Caribbean Business Leaders Certificate.
• Daniel Kiptoo Bagoria: Director General of EPRA, Kenya – ALM’s Top 50 African Energy Leaders 2024 Certificate.
• Jane Nkechi Egerton–Idehen: Managing Director of Nigerian Communications Satellite Ltd – ALC Induction Certificate.
• Akif Ali Khamis: Director General of Zanzibar Ports Corporation – Certificate of Commendation.

Special Recognitions:

• Hon. Philip Davis: Prime Minister of the Commonwealth of The Bahamas – Outstanding African Leadership Award.
• Hon. Neville Andre Itope and H.E. Hon James Unomasa Uerikua: Governors of Erongo and Otjozondjupa Regions, Namibia – US Congressional Commendation from South Carolina.

Keynote Highlights of the 9th ALM Africa Summit 2024: The summit was headlined by The Honourable Philip E.B. Davis, Prime Minister of The Bahamas, who delivered a keynote address on the theme, “Africa Unleashed: Navigating Disruptions, Enhancing Opportunities.” His participation underscored a commitment to fostering collaboration between Africa and the Caribbean and advancing sustainable development initiatives.

Distinguished leaders such as The Right Hon. Cllr. J. Fonati Koffa, Speaker of the Liberia House of Representatives; Dr. Olavo Correia, Deputy Prime Minister and Minister for Finance of Cape Verde; The Right Hon. Lord Dollar Popat, UK House of Lords Member and Prime Minister’s Trade Envoy to Rwanda, Uganda, and the DRC; and H.E. Rindra Rabarinirinarison, Minister of Economy and Finance of Madagascar, joined Prime Minister Davis in engaging discussions on pressing issues affecting Africa’s business and socio-economic spheres.

The ALM Africa Summit, now in its 9th edition, continues to be a premier platform for high-level networking, collaboration, and forging new alliances and partnerships to address critical challenges and drive transformative change across Africa.

About African Leadership Magazine: African Leadership Magazine, published by African Leadership Organisation (UK) Limited, has been a trailblazer in promoting impactful leadership and driving development initiatives across Africa for over 17 years. Through its advocacy for Afro-positive narratives and facilitation of strategic partnerships, the magazine continues to play a pivotal role in shaping the continent’s trajectory towards sustainable growth and prosperity.

For media inquiries and further information, please contact:

The Group Editor

King Richard Igimoh

African Leadership Magazine

Email: editor@africanleadership.co.uk

or visit www.africanleadershipmagazine.co.uk.

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Established in 2010 by African Leadership Magazine, ABLA showcases the best of Africa to a global audience. The awards recognise outstanding business leaders who have significantly contributed to Africa’s economic transformation, truly unleashing the continent’s potential. Over the years, ABLA has become one of the most coveted honours in the African business community, celebrating those who drive progress and innovation.

Each year, the awards ceremony brings together leaders from various sectors, including government, business, academia, and civil society, to celebrate the awardees’ accomplishments. The selection process involves a public nomination phase followed by a meticulous evaluation by a panel of esteemed judges. Winners are chosen based on their leadership qualities, industry impact, contribution to socio-economic development, and commitment to ethical business practices—key elements that unleash Africa’s potential.

Tonight, the ABLA event is being held at the Dorchester Hotel and the historic House of Lords in London. The atmosphere is electric as dignitaries, industry leaders, and stakeholders gather to celebrate this year’s awardees. The venue, adorned with exquisite decorations blending African cultural elements with modern elegance, symbolises the fusion of tradition and innovation that defines the continent’s progress.

The Winners

• Dr. Benedito Paulo Manuel: Industry Personality of the Year
  • Dr. Benedito Paulo Manuel, Director General of Sociedade Mineira de Catoca Lda, Angola, is recognised for his exceptional leadership in the mining sector, driving significant growth and development in Angola. His work exemplifies how industry leaders can unleash Africa’s vast potential.
• Hon. Lucia Lipumbu: Co-winner of the African Trade and Investment Minister of the Year
  • Hon. Lucia Lipumbu, Minister of Trade and Industrialization from Namibia, has been recognised for her efforts in boosting trade activities and investment inflows, positioning Namibia as a key player in regional and continental trade. Her policies have fostered a conducive environment for businesses to thrive, driving progress in the region.
• Paul Russo: African Business Leader of the Year
  • Paul Russo, Group CEO of KCB Group Plc, Kenya, is honoured for his visionary leadership and innovative strategies that have propelled KCB Group to new heights. His dedication to financial inclusion and economic empowerment has positively impacted countless lives across the region, embodying the spirit of Africa unleashed.
• James Alic Garang: African Economic Resilience and Growth Champion
  • James Alic Garang, Governor of the Bank of South Sudan, is awarded for his robust economic policies and reforms that have stabilised South Sudan’s economy amidst challenging circumstances. His efforts have laid a solid foundation for sustained growth, showcasing the power of resilience and leadership in driving Africa’s progress.
• Segun Ogunsanya: Lifetime Achievement Award
  • Segun Ogunsanya, Group CEO of Airtel Africa, receives the prestigious Lifetime Achievement Award for his monumental contributions to the telecommunications industry. His leadership has driven significant advancements in connectivity and digital transformation across Africa, a true testament to the continent’s unleashed potential.
• Seinye Lulu-Briggs: Special African Business Leadership Commendation
  • Seinye Lulu-Briggs, Chairman of Moni Pulo Limited, Nigeria, is recognised for her entrepreneurial acumen and philanthropic endeavors. Her commitment to corporate social responsibility and sustainable development exemplifies African leadership, driving progress and setting a standard for others to follow.
• Hanan Abdul-Wahab: Speaking on Food Security
  • Hanan Abdul-Wahab, CEO of the National Buffer Stock Company, Ghana, is honoured for her pivotal role in addressing food security challenges. Her initiatives have set a benchmark for sustainable food security practices in Ghana, contributing to Africa’s overall progress.
• Qs. David Mathu: Young African Business Leader of the Year
  • Qs. David Mathu, Managing Director and CEO of the National Housing Corporation, Kenya, is awarded for his dynamic leadership and innovative approach to affordable housing, revolutionising the real estate sector in Kenya, and driving progress for the next generation of African leaders.
• Princess Victoria Haastrup: African Female Business Leader of the Year
  • Princess Victoria Haastrup, Executive Vice-Chairman of ENL Consortium Limited, Nigeria, is honoured for her remarkable leadership and dedication to excellence, promoting gender equality, and empowering women in leadership roles. Her achievements highlight the transformative impact of female leaders on Africa’s progress.

• ECOBANK
  • Eco Bank is being honoured as the African Brand of the Year. This recognition reflects the bank’s significant contributions to financial inclusion, support for SMEs, and innovative digital solutions across its extensive African network. Eco Bank’s strategic partnerships and expanded lending capacity, alongside its commitment to sustainable development and corporate social responsibility, have played pivotal roles in its success. These achievements underscore Eco Bank’s leadership in driving economic growth and positive change across the continent​.

Keynote Highlights of the 9th ALM Africa Summit 2024

The 9th ALM Africa Summit 2024 is headlined by the Prime Minister of The Bahamas, The Honourable Philip E.B. Davis. His keynote address will focus on the theme, “Africa Unleashed: Navigating Disruptions, Enhancing Opportunities.”

Joining Prime Minister Davis are distinguished leaders such as The Right Hon. Cllr. J. Fonati Koffa, Speaker of the Liberia House of Representatives; Dr. Olavo Correia, Deputy Prime Minister and Minister for Finance of Cape Verde; The Right Hon. Lord Dollar Popat, UK House of Lords Member and Prime Minister’s Trade Envoy to Rwanda, Uganda, and the DRC; and H.E. Rindra Rabarinirinarison, Minister of Economy and Finance of Madagascar, alongside other policymakers, political figures, business leaders, and diplomats from Africa, the UK, and Europe. Together, they will engage in insightful discussions addressing pressing issues affecting Africa’s business and socio-economic spheres, further driving the continent’s progress.

The ABLA event is a night of celebration, inspiration, and recognition. As we honour these exemplary leaders, we are reminded of the incredible potential within the African continent. Their stories of resilience, innovation, and dedication inspire us to strive for excellence. The African Business Leadership Awards encourage a continued commitment to driving positive change and sustainable development in Africa. Congratulations to all the winners of the African Business Leadership Awards 2024!

In essence, the ABLA and ALM Africa Summit 2024 epitomise the spirit of “Africa Unleashed,” highlighting how visionary business leaders are driving progress and unlocking the continent’s vast potential for a brighter future.

The post Africa Unleashed: Business Leaders Driving Progress on the Continent appeared first on African Leadership Magazine.

Paul Russo Receives Award for Exceptional Leadership in African Banking

Paul Russo has been a transformative figure in East African banking, leading KCB Group PLC to remarkable growth. Under his leadership, the bank’s assets have exceeded $12.7 billion, and its market capitalization has surpassed $1.1 billion. Serving over 30 million retail and corporate customers through digital channels and 600 branches, KCB Group operates in Kenya, Tanzania, South Sudan, Uganda, Rwanda, Burundi, Democratic Republic of Congo, and Ethiopia.

Russo’s leadership extends beyond KCB Group, as he serves on the Boards of KCB Group PLC, KCB Bank Kenya, National Bank of Kenya (NBK), KCB Investment Bank, KCB Foundation, BPR Bank Rwanda Plc, and Trust Merchant Bank (TMB). He also holds key positions on the Kenya Bankers Association Governing Council, the National Investment Council, the Presidential Taskforce on the establishment of a National Lottery, and the National Steering Committee on Drought Response.

Recognized for his significant contributions to Kenya’s financial services sector, Paul Russo was awarded the Elder of the Order of the Burning Spear (EBS) by the President of Kenya. His efforts have not only supported the growth of KCB Group but also contributed to the socio-economic development of the region, providing innovative banking solutions and fostering financial inclusion.

The African Business Leadership Awards celebrate excellence in leadership, innovation, and impact on the continent’s economic development. These awards highlight individuals, companies, and institutions that demonstrate outstanding corporate practices and leadership in Africa’s business sector, aligning with the magazine’s tradition of showcasing often overlooked aspects of Africa’s businesses and leaders.

The award ceremony was a major highlight of the ALM Africa Summit London 2024, a platform for high-level networking, collaboration, and forming strategic partnerships to address challenges and drive change in Africa. Established in 2016, the summit showcases innovative projects and best practices aligned with the continent’s development goals.

The 2024 edition of the African Leadership Magazine Africa Summit, themed “Africa Unleashed: Navigating Disruptions, Enhancing Opportunities,” provided a strategic platform for leaders to discuss sustainable development pathways. Esteemed speakers and attendees shared valuable insights, experiences, and success stories, further inspiring participants to seek new strategies and partnerships for advancing Africa’s prosperity.

About African Leadership Magazine

The African Leadership Magazine, published by the African Leadership Organization in the UK (Company No. 07435198), presents Africa’s narrative from an authentic perspective to a global audience. Since its launch in August 2008, it has become a leading pan-African publication on leadership, reaching international investors, business executives, policymakers, and multilateral agencies across Africa, the Middle East, Asia, Europe, and the US.

Over 16 years, the magazine has established itself as a trusted partner for African leaders in business, politics, and diplomacy. Through its global events, it has facilitated investments and successful partnerships, promoting Africa-led businesses and fostering collaboration with international stakeholders.

Media Contact:

King Richard Igimoh
Group Editor
African Leadership Magazine
editor@africanleadership.co.uk

For more information visit www.africanleadership.co.uk

The post Paul Russo Recognized for Exceptional Leadership in African Banking appeared first on African Leadership Magazine.