In partnership with
Over the past 4 years, about 1,300 companies have taken part in in the AFRICA CEO FORUM. Apart from the networking opportunity amongst decision making chief executives of corporate Africa, this forum has become a platform for crucial conversations about the future of Africa.
Today, Africa’s labor market is unable to absorb a rapidly expanding population. To create the jobs that industry requires to propel growth and development, Africa must continue to diversify its economy beyond commodities, by building a broader and competitive manufacturing industry.
The private sector is crucial in achieving this. The onus is therefore on us as business leaders in these emerging economies to make the right decision and build sustainable partnerships that will catalyze growth and development.
“GE is proud to be the sponsor of this year’s AFRICA CEO FORUM AWARDS. Indeed we are glad to join in the celebration of businesses and investors whose strategies and performance have contributed the most to Africa’s dynamic growth over the past year. I congratulate the winners and look forward to a most rewarding time at the AFRICA CEO FORUM.”
President and CEO – GE Africa
AFRICA CEO FORUM AWARDS
The AFRICA CEO FORUM AWARDS reward companies and investors whose strategies are proof of their sheer determination to play a part in Africa’s growth.
Over the past three years, more than 100 African and international companies and investment funds have been nominated, together with over 25 CEOs from all over the continent who have each played a pioneering role in driving Africa’s growth.
The Awards include:
This award is given to the African bank that has achieved the most outstanding growth of its activities on the continent in a recent period.
• Number and size of growth operations in new African countries in the past two years
• Number of African countries where the bank is present
• Assets growth and profitability in the past two years
• Number and size of financing transactions with African companies or major infrastructure projects
This award is given to the African company that has demonstrated a remarkable expansion on the continent in a recent period.
• Number and size of the company’s external growth operations in the last two years in countries other than those in which it already has locations
• Number of African countries where the company is located
• Turnover growth in the past two years
• Profitability in the past two years
This award is given to the private equity investor that has carried out the most significant operations in Africa in the past two years.
• Volume of financing in African companies in the past year
• Number of African companies financed and results
• Africa’s share in the company’s total activity.
This award is given to the international corporation that has achieved the most outstanding growth of its activities in Africa in a recent period.
• Number of growth operations in Africa in the past two years
• Number of African countries where the company is present (at least five)
• Africa’s share in total sales
• Number of African employees on the continent.
This award is given to the African CEO of the year whose achievements in the fields of development, governance (strategy and leadership) and financial performance marked the current affairs of the year.
The jury will select the African CEO of the year. This category is not subject to applications.
This trophy is awarded to a CEO under 40 who leads an African business that shows great promise.
- National of one of the 54 African States
- Be under 40 years of age on the 1st of January 2016
- The number and size of growth operations over the last two years
- Strong economic, social and environmental contribution
- A person with great potential for further growth
Discover the 6 winners of the Africa CEO Forum Awards 2016
The winners have been awarded in front of 900 personnalities during the 4th edition of the Africa CEO Forum.
From left to right, you can see on the picture: Brice Lodugnon (EMERGING CAPITAL PARTNERS), Anthony Chiejina (DANGOTE GROUP), Oba Otudeko (HONEYWELL GROUP), Henri-Claude Oyima (BGFI BANK), Sébastien Kadio- Morokro (PÉTRO-IVOIRE), Boudewijn Haarsma (HEINEKEN).
All the pictures of the event are available on Flickr: https://www.flickr.com/photos/theafricaceoforum/ sets/72157666071286112/page1
CEO OF THE YEAR : OBA OTUDEKO, FOUNDER & CHAIRMAN OF HONEYWELL GROUP
Dr Oba Otudeko is Executive Chairman of Honeywell Group Ltd, one of Nigeria’s leading conglomerates, operating in several key sectors of the Nigerian economy including: Foods & Agro Allied, Oil & Gas, Power, Infrastructure, Leisure & Hospitality and Security Services.
He is also the pioneer and current chairman of First Bank Holdings Plc.
Since 2015, Honeywell Flour Mill Plc, one of his group’s operating companies, is undergoing a $150m expansion to build a site dedicated to foods processing, focusing on processing locally produced crops.
YOUNG CEO OF THE YEAR : SÉBASTIEN KADIO- MOROKRO, MANAGING DIRECTOR OF PÉTRO-IVOIRE
Sébastien Kadio-Morokro has been Managing Director of Pétro-Ivoire since 2010.
The 34-year old director of Pétro-Ivoire grew the network of petrol stations of this strong performing company throughout the year 2015, surpassing the performances of Total and Vivo Energy.
Within 3 years, Pétro-Ivoire has developed its network from 32 to 67 service-stations and has created a co-owned company together with the French company Total and Swiss company Geogas, bringing together a stored capacity of 3000 tons of gas. Pétro-Ivoire sold 131 000 tons of petrol and 51 000 tons of gas in 2015.
AFRICAN COMPANY OF THE YEAR : DANGOTE GROUP
The Dangote Group is one of the most diversified business conglomerates in Africa with a hard-earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria.
In April 2015, a joint venture with Italian giant Saipem has been established. While Dangote Group will bring its financial strength, expertise and standing in the African market, Saipem will complement with its unique capabilities in the engineering & construction sector to make a successful collaboration.
AFRICAN BANK OF THE YEAR : BGFI BANK
BGFI Bank is an international financial group that is 100% privately owned and led by BGFI Holding Corporation. The first financial group within CEMAC, it is a leader in its home market, Gabon, as well as in the Republic of Congo.
At the beginning of 2015, BGFI Bank pursued its trans-border expansion and reinforced its presence on the continent with the creation of BGFI Bank Senegal in Dakar in January. The establishment of BGFI Bank Senegal is the 11th banking branch of the BGFI Bank group which is actively growing its network in Africa.
PRIVATE EQUITY INVESTOR OF THE YEAR : EMERGING CAPITAL PARTNERS
Emerging Capital Partners (ECP) is a Private Equity Fund dedicated to the African continent. ECP has already made more than 50 investments with its 7 investment funds, in more than 40 countries across all regions of the continent, the supporting over 50 000 employees.
It contributed to the growth in Africa of the Ivorian insurance group NSIA, founded and led by Jean Kacou Diagou. In March 2015, ECP took the decision to divest a share (26%) of NSIA to the National Bank of Canada for a transaction of 100 million Euros.
INTERNATIONAL CORPORATION OF THE YEAR : HEINEKEN
With a presence in almost 170 countries, Dutch company Heineken which is the 3rd largest brewery in the world, is also the leading brewery in 13 African countries.
The African continent already generates 15% of the company’s revenue of 3 billion Euros and 21% percent of its profit (700 million Euros).
Heineken and CFAO announced in September 2015 the establishment of Brassivoire, a company co-owned by the two companies (51% owned by Heineken and 49% owned by CFAO). Construction of the new factory began at the end of September 2015, which will be situated in the new industrial zone PK24 and providing 700 new jobs.
Centum Investment Group
Managing Director Africa
Managing Director & CEO
Africa & Middle East
Abdelaziz El Mallah
Philippe le Roch
Head of Structured Export Finance Africa
Helios Investment Partners
Vincent Le Guennou
Co-founder and Co-CEO
African Guarantee Fund
Head of EY Transactions Advisory Services
Ernst & Young
Abdou Souleye Diop
Director of Private Sector Operations
Cheikh Oumar Seydi
Director, Eastern and Southern Africa
Conseil du Café Cacao
Editor in chief (economics)
the Africa Report
General Manager Africa Corporate Affairs
The AFRICA CEO FORUM 2016
The Awards Ceremony takes place during the AFRICA CEO FORUM gala dinner on 21 March 2016.
The AFRICA CEO FORUM is one of the most important events in the African business calendar, bringing together the most influential figureheads in African and global finance and the CEOs of the continent’s biggest companies. It allows participants to exchange their views and opinions on the issues affecting the economic development of African companies, in a highquality setting that is ideal for conducting business meetings.
Each year, the AFRICA CEO FORUM is attended by banking, private equity and financial market specialists, together with representatives of global financial institutions: more than 800 attendees in total, including over 500 CEOs from all four corners of the continent, 100 bankers and financiers, and 200 prominent African and international figures.