Africa cannot afford business-as-usual – Ken Egbas warns

Ken Egbas, an entrepreneur and founder of Seras award

Ken Egbas, an entrepreneur and founder of Seras award has sounded strong warning that “Africa cannot afford business-as-usual’’.

Looking at fast-paced economic development of other regions, especially Asia, he said Africa must innovate—relentlessly, boldly, audaciously

Africa must connect growth to inclusion, profit to purpose, ambition to equity”, he said recently in Lagos at the 2025 edition of Seras which is 19th in the series.

He however highlighted inspiring efforts across sectors, from financial inclusion breakthroughs to telecommunications-driven digital empowerment, deeper climate commitments in the energy industry, circular economy advances in manufacturing, and community transformation led by foundations.

On the award, Egbas emphasized the integrity of the adjudication process, revealing that 32 organizations were disqualified for false claims, underscoring the awards’ uncompromising commitment to transparency and credibility.

The award celebrates Africa continent’s most influential organizations and leaders driving transformative sustainable development.

During the asward, NNPC Foundation dominated the night, emerging as Overall Winner and reaffirming its leadership in social investment across Africa. The foundation clinched three major awards: Best in Poverty Reduction, Best in Stakeholder Management, and Best Organization in Decent Work and Economic Growth, cementing its position as a trailblazer in national development and community resilience.

Zenith Bank Plc delivered an exceptional performance, securing Best in Reporting/Transparency and Best in Gender Equality & Women Empowerment. The bank’s Group Managing Director/CEO, Dame Adaora Umeoji, also carted home the coveted CEO of the Year Award, recognizing her groundbreaking leadership in sustainable finance and inclusive transformation..

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