The Africa 1st Award and its partners acknowledge and celebrate Africa’s fast-growth companies in all sectors. Through rigorous researches, benchmarking and tracking of industry performance, we identify and accredits the breakthroughs, the doers, the thinkers, the disruptors, the innovators, the leaders and the new economic and business champions, so that they can showcase their achievements and share best practices, policies and strategies with other ambitious companies.
This award will go to the organisation/company that best demonstrates an international organic growth strategy (i.e. excluding results solely from merger and acquisition activity) that has achieved outstanding levels of sales, profit and market share improvement by means which include international expansion, new products and services introduction, new market creation, the development or expansion of product and service ranges or forward or backward integration in their supply chain.
This award will go to the organisation/company that can best demonstrate a recognition of the importance of innovation and a proven ability to create, nurture and develop product, service or business model. The organisation/company should demonstrate innovations that substantially improved its commercial performance, operational effectiveness or prospects by bringing benefit to the organisation/company, its customers and other stakeholders. The application can be based on the development of a specific product or service or on the repositioning of the organisation/company and is not limited solely to innovations of a technological nature. (Open to private and public-sector organisations).*Businesses that compete in a turnover bracket may exceed the bracket within the year they are awarded.
This award goes to the outstanding organisation/company who best demonstrates exceptional financial returns, strong growth and innovation strategies, and market leadership in its sector. Judges will look for excellence in all spheres of the general criteria; inventiveness, ethical credentials, good stakeholder relationships and long term planning balanced by the flexibility to deliver consistent results in dynamic market conditions as well as improvement in financial performance over a three year period – growth in annual revenue and net profit after tax year on year will hold a high weighting when reviewing company entries for judging. Good corporate governance practice will also be taken into account. *Businesses that compete in a turnover bracket may exceed the bracket within the year they are awarded
Annual revenue generated must be above US$5 million. This award goes to the company whose technology-based innovation demonstrates improved productivity, price, quality, effectiveness and efficiencies which enhances the competitiveness of African economy. This could be an internal system or a product available to the public which in turn assists in advancing the industry with the latest technology.
Investors, especially foreign investors and multinationals require assistance when exploring investment opportunities or when setting up operations in a country, and specific government departments are mandated to provide business facilitation and aftercare services. This Award is presented to African government department/agencies/parastatals for their effort and work in identifying and disseminating good practices to facilitate investment and the creation and operation of private businesses.
Annual Revenue US$500 000 – US$5 Million per annum. This award highlights the outstanding achievement of a young executive who has contributed to the organisation/company’s positive success and performance through innovative strategies and solutions.
This award will go to the individual who has demonstrated vision, a persevering approach to enterprise expansion that places them at the heart of the business by identifying opportunity, understanding objectives, formulating ideas and making decisions and acting as an inspiration to others to achieve greater business success. Key criteria is for entrants to demonstrate they’ve taken significant personal risk to start a business or businesses and built them into a substantial entity. The recipient must demonstrate that the business has achieved financial success and is clearly sustainable.
The award will go to the organisation/company that best demonstrates its human resource is truly engaged with the aims of the organisation through an holistic values based strategy that seeks to sustain organizational performance improvement through investment in the recruitment, personal and skills development and motivation of every individual employee. (Open to private and public-sector organisations).
The judges will give this award to the business established with less than 3 years trading at the time of entry that can demonstrate since its inception positive well planned leadership, an outstanding record of growth and profit performance beyond their initial projections, successful exploitation of the sector in which they operate to the satisfaction of their customers and the needs of all stakeholders and developed the foundations upon which growth and success can be sustained.
This award will go to the organisation/company that has successfully developed and implemented a strategy based on identifying opportunities and on proven domestic demand, competition and supply chain support to build and remotely manage partially owned partnerships or wholly owned subsidiary businesses outside its market of origin.
This award will go to the organisation/company that can best demonstrate it has substantially improved its operational performance in terms of workflow effectiveness, customer experience management, increased turnover and improved margins or cost control through an innovation in their use and application of digital technologies either developed in house or sourced from an external supplier. (Open to private and public-sector organisations).
This award recognizes a project established by an organisation/company that demonstrates and highlights the role of businesses in improving the communities in which they operate. This award will recognize those demonstrating the greatest impact on quality of life, economic prosperity or regeneration through direct investment, pro bono work or employee led initiatives. This award also seeks to demonstrate the link between corporate citizenship and commercial success, from staff engagement and development to reputation and brand awareness.