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The Africa Awards for Entrepreneurship (AAE) recognizes business leaders who demonstrate innovation, profitability and excellence while serving as role models to inspire the next generation of entrepreneurs. In particular, the Transformational Business Award is given to an African entrepreneur who has contributed to the prosperity of those around him or her, by building a business with revenues greater than USD $50 million. These types of enterprises are crucial to the future growth and health of Africa’s various economies and markets. Without entrepreneurship, the future prosperity of Africans, ensured not through aid dollars but trade dollars, is left uncertain. The middle class in Africa is growing due to increased investment and economic activity across the continent. Home-grown African companies are increasingly seeking to innovate and push boundaries, opening up businesses and servicing markets that previously were monopolized by large multinationals.
This year’s AAE was held on 5 November at the African Leadership Network’s Annual Gathering in Marrakech, Morocco. Manoj Shankar, CEO of Techno Brain was selected as a finalist for the Transformational Business Award. Techno Brain and Manoj Shanker was recognised for employing internationally recognized projects and IT training on the continent of Africa, thereby empowering its clients to access increased prosperity. In regard to the prize, Shankar reflects, “I see great passion every day with the young talented individuals I work with…I am really fortunate that I have an opportunity to make a difference in Africa by empowering lives.”
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