One of the key events featured during the AfDB's 2011 Annual Meetings in Lisbon, was the ceremony on Wednesday 8, marking presentation of the African Business Leadership Award (ABLA).
President Kaberuka was present. Below are abstracts of his statement.
"I am pleased to present today the 2011 African Business Leadership Award to Mr. Bally, who is a great illustration of such ability as proven by the achievements, and the expansion of his company, the Azalai Hotel Group, in West Africa over the last few years"...
"...Over the last three years, we have had the chance to celebrate the best and brightest. We at the African Development Bank (AfDB), are proud of our track record of support to the African Private sector but the most effective way to illustrate that Africa is truly "open for business" is clearly in the achievements of outstanding entrepreneurs such as M. Mossadeck Mally, the recipient of the 2011 African Business Leadership Award (ABLA)"....
"...In addition to the several global and local challenges faced by African economies, we, at the AfDB, are noting the increasing prevalence of rapid change as amply illustrated in North Africa and the rest of the Arab world this year. Such rapid change can be destabilizing and thwart business initiative. However, the same rapid change can represent tremendous opportunities for the nimble entrepreneur with a clear vision"....