20 Oct

NSIA Bags African Sovereign Wealth Fund Initiative of the Year

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On the 27th of August 2013, the Nigeria Sovereign Investment Authority (NSIA) was shortlisted for the Africa investor’s African Sovereign Wealth Fund Initiative of the Year. Other African SWF’s to make the shortlist included Revenue Regulation Fund, Algeria; Libyan Investment Authority; Pula Fund, Botswana; Fundo Soberano de Angola;
Sovereign Fund of the Gabonese Republic; Mauritania National Fund for Hydrocarbon Reserves and Equatorial Guinea Fund for Future Generations.

The award ceremony held on the 10th of October in Washington DC, where the NSIA received this prestigious accolade. Other institutional winners included African Export-Import Bank for the Best Initiative In Support of SMEs and the Millennium Development Goals. Investment Climate Initiative of the Year was awarded to the African Development Bank, while Bank of the Year was given to Standard Bank. The United Nations Environment Programme (UNEP), Southern African Power Pool Standardized Baseline was presented with the Carbon Finance Initiative of the Year.

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Venture Capital/Private Equity Deal of the Year was given to Phatisa, while GE Africa was voted as Employer and Human Capital Investor of the Year. Investment Promotion Agency of the Year went to Centro de Promocao de Investimentos, Mozambique (the investment promotion agency of Mozambique). Government Employees’ Pension Fund (GEPF) of South Africa was awarded Institutional Investor of the Year. International Sovereign Wealth Fund Initiative of the Year was awarded to China Africa Development Fund.

“We are very honoured to have our hard work and vision recognized by the African and International communities.” The MD/ CEO of the NSIA, Mr. Uche Orji commented. “This award serves as further assurance that our overall vision of developing the NSIA as a world class entity is on track. We would also like to use this opportunity to express our thanks to the African investor for this recognition”

Mr Orji was also shortlisted for Up and Coming Future Leader of the Year. This award went to John Oliphant, Chief Principal Officer, Government Employee’s Pension Fund of South Africa. A number of other high profile personalities were also recognized for their achievements.

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Strive Masiyiwa, Founder and Chairman, Econet, was honoured for his Leadership in Sustainable Investment in Africa; the Award for Africa’s Innovation Leader of the Year went to Michael Miebach, President for Middle East & Africa, MasterCard, and Africa’s Leading Woman in Business was presented to Evelyn Oputu, Managing Director of the Bank of Industry.

African Business Leader of the Year was awarded to James Mwangi, CEO of Equity Bank; Jay Ireland, President and CEO, GE Africa, was recognised as International Business Leader of the Year; Finance Minister of the Year was awarded to Hon. Xavier Luc Duval, Minister of Finance, Mauritius, while Emmanuel Tumusiime Mutebile, Governor of the Bank of Uganda, was recognised as the Ai Central Bank Governor of the Year.

Commenting on the Awards, Hubert Danso, Chief Executive Officer and Vice Chairman of Africa Investor, said; “The continent’s investment profile has seen a historic turnaround in the last 12 months and the pursuits of the shortlisted candidates and winners of these Ai Investment and Leadership Awards have been instrumental in improving practices that resulted in this increased confidence in Africa as a competitive international investment destination. Africa investor is therefore delighted to be able honour these leaders and encourage new entrants.”

Africa investor (Ai) Investment and Business Leader Awards 2013 – Winners

Best Initiative In Support of SME’s And Development Goals
African Export-Import Bank

Investment Climate Initiative of the Year
The African Development Bank

Bank of the Year
Standard Bank

Carbon Finance Initiative of the Year
The United Nations Environment Programme (UNEP), Southern African Power Pool Standardized Baseline

Venture Capital/Private Equity Deal of the Year
Phatisa

Employer and Human Capital Investor of the Year
GE Africa

Institutional Investor of the Year
Government Employees’ Pension Fund (GEPF)

Investment Promotion Agency of the Year
Centro de Promocao de Investimentos, Mozambique

Leadership in Sustainable Investment in Africa
Strive Masiyiwa, Founder and Chairman, Econet

Africa’s Innovation Leader of the Year
Michael Miebach, President for Middle East & Africa, MasterCard

Africa’s Leading Woman in Business
Evelyn Oputu, Managing Director, Bank of Industry

African Business Leader of the Year
James Mwangi, CEO, Equity Bank

International Business Leader of the Year
Jay Ireland, President and CEO, GE Africa

Up and Coming Future Leader of the Year
John Oliphant, Chief Principal Officer, GEPF

Finance Minister of the Year
Hon. Xavier Luc Duval, Minister of Finance, Mauritius

Central Bank Governor of the Year
Emmanuel Tumusiime Mutebile, Governor, Bank of Uganda

International Sovereign Wealth Fund Initiative of the Year
China Africa Development Fund

African Sovereign Wealth Fund Initiative of the Year
Nigeria Sovereign Investment Authority