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. Read more