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.