Rwandan Named Young Business Leader of The Year

CNBC Africa named Jack Kayonga, MD, Rwanda Development Bank a Young Business Leader of The year.

CNBC Africa is an African television network for Sub-Saharan Africa. It was launched by CNBC and Africa Business News (Pty) LTD on June 1, 2007.

CNBC Africa is headquartered in Sandton, Johannesburg.

The award Ceremony is taking place at the Vodadome in Midrand, South Africa on Thursday, October 25, 2012, and will honour winners from West, East and Southern Africa.

Rakesh Wahi, the founder of the ABN Group, said: ’All Africa Business Leader Awards is a recognition and tribute to African Business Leaders who have made a qualitative and quantitative difference to the companies, industries and communities that they serve.

Supported by the CNBC brand and through an exhaustive process of diligence by KPMG, these awards will be the most coveted in the African Continent.’

Others nominated in various categories include:Business Leader of The Year sponsored by Telkom: Phakamani Hadebe, CEO, Landbank, James Mwangi, CEO, Equity Bank and Mitchelle Elegbe, CEO/ MD,Interswitch.

Entrepreneur of The Year sponsored by the IDC: Jannie Mouton, CEO, PSG Group, Vimal Shah, CEO, Bidco Group and Ernest Azudialu-Obiejesi, CEO & President, Nestoil.

Business Woman of the Year category: Jennifer Barassa, CEO, Top Image Ltd and Funke Opeke among others

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