23 Oct 2012

After releasing the final shortlist for the Forbes Africa Person of the Year 2012, voting has started on the magazine’s website.

The Forbes Africa Person of the Year award will go to ‘the individual who has had the most influence on events of the year gone by’.

According to Forbes Africa, these individuals were nominated by its readers because of their impact on African business in the past year.

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 CBN Governor, Sanusi Lamido Sanusi who didn’t make the final cut this year.

Let’s take a look at what Forbes had to say about the final 5.

Aliko Dangote – Founder and president of Dangote Group

Motivation: Last year’s runner-up to Forbes Africa Person of the Year is still Africa’s richest man worth more than $11.2billion. 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 - CEO and Managing Director of Kenya’s Equity Bank Limited

Motivation: Dr James Mwangi won the Ernst & Young Entrepreneur of the Year Award 2012 as well as Africa’s Innovation Leader of the Year Awards in 2012. Equity Bank is planning to extend its financial services to Ethiopia when the country opens its banking industry for foreign investors.

Joyce Banda – Malawian President

Motivation: Banda, Malawi’s first female leader has restored strained diplomatic ties with neighbors and the international community. Her administration has embraced investor friendly economic policies; she cut her salary by 30%; sold the presidential jet and a fleet of luxury cars in austerity drive.
Tony Elumelu – Founder and Chairman of Heirs Holding

Motivation: The multimillionaire 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 - Co-founder of the Aspen Pharmacare

Motivation: 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.
Voting will close on Thursday, November 1, 2012, and the Forbes Africa Person of the Year will be revealed in an event in Nigeria.

Who are you rooting for?

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