Business and Brands

Afreximbank President, Benedict Oramah emerges Forbes Africa Person of the Year

The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has been named FORBES AFRICA magazine 2023 Person.

According to a statement the recognition was conferred during an award ceremony in Cairo, Egypt. The award event featured the unveiling of FORBES AFRICA’s December 2023/January 2024 edition, showcasing Prof. Oramah as the cover personality.

Advertisement

Dr Rakesh Wahi, the Founder and Publisher of FORBES AFRICA, alongside Roberta Naicker, the Managing Director, underscored that the award acknowledges the achievements of outstanding Africans dedicated to the continent’s development.

Renuka Methil, Managing Editor of FORBES AFRICA, described Prof. Benedict Oramah as a true pan-Africanist, highlighting his three-decade career at Afreximbank.

Advertisement

During an interview, Methil emphasized Prof. Oramah’s exceptional track record, boundless enthusiasm, passion, and significant contributions to Africa’s economic development.

Methil further elaborated on Oramah’s visionary leadership, citing the launch of the Pan-African Payment and Settlement System (PAPSS) as a historic cross-border payment initiative in local African currencies.

Advertisement

She commended his resilience as a risk-taker and his articulate vision for a new united Africa.

What you should know

The FORBES AFRICA Person of The Year nominations involve submissions from the magazine’s editorial and research teams, including journalists from various African bureaus.

Advertisement

After a comprehensive Africa-wide review of prominent contributors, Prof. Oramah emerged as the unanimous winner for 2023.

This accolade adds Prof. Benedict Oramah to a roster of past recipients, including Sanusi Lamido Sanusi, former Governor of the Central Bank of Nigeria; Dr. James Mwangi, CEO of Equity Group; Dr. Akinwumi Adesina, President of the African Development Bank; Aliko Dangote, CEO of Dangote Group; Mohammed Dewji, President of MeTL Group; and Thuli Madonsela, former Public Protector of South Africa.

Advertisement

In addition to the FORBES AFRICA Person of The Year award, President Oramah was honoured with the Zik Prize in Professional Leadership in November.

Under his leadership, Afreximbank has been spearheading noteworthy projects. For instance, the bank recently signed a $150 million trade finance facility agreement, under the Ukraine Crisis Adjustment Trade Financing Programme for Africa with United Bank for Africa.

Advertisement
citynews

Recent Posts

Simon Ekpa Not Our Member, Should Not Be Associated With Us- IPOB

IPOB PRESS RELEASE 22/11/2024 SIMON EKPA IS NOT AN IPOB MEMBER AND MUST NOT BE…

3 hours ago

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024. *PUNCH* Gombe begins N28bn Assembly, high court complexes…

4 hours ago

My husband assaulted me, ruined my career – Olajumoke Onibread

Former bread seller turned model, Olajumoke Orisaguna, popularly known as Olajumoke Onibread, has opened up…

6 hours ago

“I did not punch Akpabio” – Senator Bamidele speaks on alleged fight with Senate President

Senate Majority Leader, Opeyemi Bamidele has denies reports that he was involved in a fight…

7 hours ago

Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

– says lawmakers united to meet yearnings of Lagosians – accuses detractors of peddling news…

7 hours ago

2027: “No vacancy for non-indigenes in Alausa” – Lagos youths tell Seyi Tinubu

The Coalition of Lagos Indigenous Youths has rejected the recent endorsement of Mr Seyi Tinubu,…

7 hours ago