Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Nigerian businesswoman wins Africa Entrepreneurship Award

12 October 2012, 16:02

Accra - A Nigerian, Mrs Kofo Akinkugbe, on Thursday in Accra, Ghana, won the “2012 Africa Award for Entrepreneurship” for her contribution to socio-economic development of the continent.

The News Agency of Nigeria (NAN) reports that Akinkugbe bagged the 100,000 dollars prize in the Outstanding Mature Business category.

NAN reports that Akinkugbe, a smart card manufacturer, beat three other finalists to win the award celebrating Africa’s leading entrepreneurs.

The award was held as part of the “Entrepreneurship in Africa Summit” which opened on Wednesday in the Ghanaian capital.

It was jointly organised by African Leadership Network and Omidyar Network.

Speaking with NAN after receiving the award, Akinkugbe said that she felt “humbled and honoured” by the prize, adding that it was a product of hard work and resilience.

She advised upcoming entrepreneurs to have good concepts and work through their business plans for successful ventures.

“Once you have a good plan and a good concept and you work through it, the funds will always come,” she said.

Akinkugbe won the award for building a business, SecureID.

Fully certified by VISA, Verve and MasterCard, SecureID is world-class and only smart card production plant in West Africa and one out of the six on the continent.

There are only 80 of such companies in the world.

Established six years ago, SecureID has been engaged by the Federal Government on key national projects including the National ID Project, among others.

Another award winner is the 85-year-old Richard Maponya, who bagged the Lifetime Achievement Award for building South Africa’s first black-owned shopping mall in Soweto, south west of Johannesburg.

Since inception in 2007, the Africa Awards for Entrepreneurship has attracted more than 7000 applications from leading African businesses and has given out over 1.4 million dollars in prizes to 25 entrepreneurs.

Malik Fal of Omidyar Network said that the award recognised and rewarded exceptional entrepreneurs who served as role models to aspiring entrepreneurs and demonstrated excellence, innovation and profitability.


Tags accra

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...