Afreximbank President, Oramah, named Forbes Africa 2023 Person of The Year


The African Export-Import Bank (Afreximbank) President Prof, Benedict Oramah, has been named Forbes Africa 2023 Person of The Year.

He was praised for his outstanding contributions to the development of African continent.

During the unveiling of the cover for Forbes Africa December/January 2024 edition, Founder and Publisher, Dr. Rakesh Wahi, and Managing Director, Roberta Naicker, stated that the award recognised the stellar accomplishments of leading Africans contributing to the development of the continent.

This is according to statement made available to Zambia Monitor from Cairo, Egypt on Monday.

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

Read more: BoZ engages Afreximbank to enable Zambian banks join Pan African Payment and Settlement System

“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.”

Methil pointed out that among many initiatives under his visionary leadership, Afreximbank launched the Pan-African Payment and Settlement System (PAPSS) which would be a historic project for cross-border payments in local African currencies.

Oramah was described as a risk-taker.

Nominations for Forbes Africa Person of The Year are submitted by members of the magazine’s editorial and research teams, including journalists from its bureaus across Africa.

A winner is selected after an Africa-wide review of the prominent contributors to the continent. Prof. 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 Sanusi Lamido Sanusi, former Governor of the Central Bank of Nigeria, Dr. James Mwangi, Chief Executive Officer, Equity Group.

Others are Dr. Akinwumi Adesina, President, African Development Bank, Aliko Dangote, Chief Executive Officer, Dangote Group, Mohammed Dewji, President, MeTL Group and Thuli Madonsela, former Public Protector of South Africa.

On 18 November, President Oramah also received theZik Prize in Professional Leadership at an event in Lagos, Nigeria.

He was also the recipient of numerous other awards for his contributions to the development and promotion of trade in Africa and for the many initiatives he has championed to drive intra-African trade.

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