Nigerian billionaire, Aliko Dangote has been named the Forbes Africa â€˜Person of the Year 2014â€². Dangote, whoâ€™s the richest person in Africa, received the award on Thursday, December 4, 2014 in Nairobi, Kenya. The billionaire was listed among notable nominees like author, Chimamanda Ngozi Adichie and Director-General of Nigeriaâ€™s Securities & Exchange Commission, Arunma Oteh but emerged the winner. The panel of judges which selected Dangote stated:
â€œAliko 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,â€ the panel said. â€œHe 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,â€ it added. The billionaire, who moved up 20 spots to become the worldâ€™s 23rd richest man this year, dedicated his award to his native land, Nigeria.