East Africa's captains of industry honoured

by Elayne Wangalwa 0

Four East African investors have been feted for excellence in business leadership.

During the CNBC Africa All Africa Business Leaders Awards Presented by Johnnie Walker Blue Label (AABLA), Tanzanian’s Reginald Mengi led in the East Africa Business Leader of the Year category and carried the coveted title. Mengi, the chairman of IPP limited in Tanzania also bagged the lifetime achievement award at the event.

“I dedicate these awards to the young people of Africa. I believe in the youth and we must give them an opportunity to emulate us and grow this continent,” said Mengi during the awards ceremony in Kenya’s capital, Nairobi.

Also feted at the event was Keroche Breweries chief executive officer Tabitha Karanja. She was named as the regions Woman Business Leader of the Year.

Tech firm, Techno Brain’s chief executive officer Manoj Shanker was named the region’s Entrepreneur of the Year, while Patrick Ngowi CEO of Helvectic Solar in Tanzania was named Young Business Leader of the Year.

Speaking at the ceremony, Africa Business News founder and Vice Chairman Rakesh Wahi said the awards were a tribute to those captains of industry who had made a difference, to the companies, industries and communities that they serve.

“These captains are ordinary men and women that have taken extraordinary decisions in the face of challenges, adversity as well as opportunities to bring glory to their organisations and to the people that they lead. The awards are to celebrate these success stories,” said Wahi.

Chief judge for the region, Pete Ondeng’ credited the winners for creating sustainable business that had shown remarkable impacts not only to their bottom lines but also to the communities they serve.

“As judges, our role was to find these businesses that are doing extraordinary but sustainable things not only to their core business but also to the communities. Business leadership goes beyond profits,’’ explained Ondeng’.

Now in its fourth year, the CNBC Africa AABLAs celebrate business leadership across the African continent. 

The East African region winners will now contend against other regional winners from West and Southern Africa in the grand finale. The finale will be held in Johannesburg, South Africa on November 14 and will see the contenders battle to receive the award for most exceptional investors in their respective fields.