Chemical company gets Best Global Business in Africa award
The awards were made at the third annual African Business Awards, presented by
2010 African Business Award winners:
Business Leader of the Year: Jubril Adewale Tinubu, CEO, Oando Plc, Nigeria
Outstanding Businesswoman of the Year: Laurence Do Rego, Group Executive Director, Finance and Risk, Ecobank Transnational Incorporated, Togo
African Business of the Year: Citadel Capital, Egypt
Best Global Business in Africa: Yara, Norway
Telecoms Company of the Year: Safaricom, Kenya
Best Corporate Citizenship/ Social Responsibility: FirstRand Foundation, South Africa
Good Corporate Governance: Nedbank Group, South Africa
Award for Best Agricultural Development: Madame Coulibaly Maimouna Sidibe, Faso Kaba, Mali
Award for Most Improved Investment Climate: The Republic of Rwanda
Lifetime Achievement Award: Sir Samuel Esson Jonah
Tourism Destination of the Year: South Africa
Developing Africa
The Best Global Business award is given to companies that contribute significantly to business growth and development in Africa. Developing new markets, making substantial investment and introducing best and ethical practices are among the criteria.
"The company's operations on the African continent aim at developing Africa's own food security through a green revolution, supported by our global fertilizer operations and vast crop nutrition knowledge," says Egil Hogna, head of Yara's global downstream segment.
"In addition to our sales organization in Africa, we engage in several business projects and partnerships in support of the African Green Revolution. The company has been promoting investment orientated public-private partnerships combined with a value chain perspective, taking on the role as a catalyst for investment and development."
Partnerships
Its partnerships and projects in Africa include the Tanzanian and Mozambican Agricultural Growth Corridors, the Ghana Grains Partnership and Malawi and Tanzania Agricultural Partnerships. Yara is also a strategic partner in the African Green Revolution Forum to take place in Accra, Ghana 2-4 September 2010. Its business in Africa dates back to 1929, when the first shipment of fertilisers was sent from Norway.
South African Awards
South African companies were acknowledged with the FirstRand Foundation winning Best Corporate Citizenship/Social Responsibility, the Nedbank Group for Good Corporate Governance and South Africa as the Tourism Destination of the Year.