Aliko Dangote, Tony Elumelu, and 3 other Africans have been nominated for the 2012 Forbes Africa Person of the Year award. The other three nominees are: Joyce Banda, President of Malawi, Dr. James Mwangi, Chief Executive Officer/Managing Director, Equity Bank Limited, Kenya, and Stephen Saad, Co-founder, Aspen Pharmacare.
Forbes Africa said the Person of the Year award would go to the person who has had the most influence on events in 2012.
The 55 year-old Dangote is listed as #76 on the Forbes list of billionaires with an estimated net worth of $11.2 billion made in commodities trading and he is also the “cement king’ of Nigeria.
Elumelu is a respected banker and philanthropist who has been quoted as saying, “No one can develop Africa but us [Africans].” His philosophy is that of “Africapitalism.”