Nigerian billionaire businessman, Aliko Dangote, has been named Forbes Africa Person of the Year 2014.
The announcement was made at the unveiling ceremony, which took place in Kenya’s capital city Nairobi, CNBC Africa reports.
Speaking on the award, a panel of judges at the event said:
“Aliko Dangote is a lion of Africa in terms of business. He is second to none when it comes to investing in Africa, not just Nigeria. He is also a capitalist with a big heart. He puts his money where his mouth is and his foundation is a step forward for a man who wants to make a difference on the continent.”