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Afreximbank president named Forbes Africa’s Person of the Year



Prof Benedict Oramah

The President of the African Export-Import Bank, Prof. Benedict Oramah, has emerged as Forbes Africa magazine 2023 Person of The Year.

According to a statement, Oramah received the award at a ceremony in Cairo, Egypt, which also featured the unveiling of the cover for Forbes Africa’s December 2023/January 2024 edition featuring him as the cover personality.

Forbes Africa Founder and Publisher, Rakesh Wahi, and the Managing Director, Roberta Naicker, said the award recognised the stellar accomplishments of leading Africans contributing to the development of the continent.

The Managing Editor of Forbes Africa, Renuka Methil, said, “With a career spanning three decades at Afreximbank, Prof. Benedict Oramah is a true pan-Africanist.

 “In our almost hour-long interview Prof. Oramah’s stellar track record, coupled with his unbridled enthusiasm, passion, and contribution to the economic development of Africa shone through.

“Among many initiatives under his visionary leadership, Afreximbank launched the Pan-African Payment and Settlement System which will be a historic project for cross-border payments in local African currencies.

 “He is a resilient risk-taker and articulated so well what a new united Africa should, and would, look like.”

According to the statement, nominations for the award were submitted by members of the magazine’s editorial and research teams, including journalists from its bureaus across Africa, and a winner is selected after an Africa-wide review of the prominent contributors to the continent.

Oramah’s name was shortlisted and unanimously adjudged the winner for 2023.

“With the award, Prof Oramah joins a prestigious list of high achievers who had previously received the award, including the former Governor of the Central Bank of Nigeria, Sanusi Lamido; the Chief Executive Officer of  Equity Group, James Mwangi; the President, African Development Bank, Akinwumi Adesina; the President of Dangote Industries Limited, Aliko Dangote, among others,” the statement said.