Ken Njoroge, Co-founder of Cellulant Africa, won the 2019 Schwab Foundation Social Entrepreneur of the Year Award.
The Schwab Foundation award is in recognition of Cellulant’s work in building digital payments and financial services that enable businesses and consumers in critical sectors such as Agriculture, Retail Distribution, Transport, Logistics and E-commerce to access services at the very point where they need them.
“This award is a recognition of the innovative spirit of the communities that we serve, as they are the ones who constantly push us to find the best possible solutions to their everyday challenges. It is also a celebration of the great work that our teams at Cellulant have done over the last 15 years.” said Ken Njoroge, “As a business, we believe that return on investment is just as important as the measurable impact on the lives of fellow Africans. It is for this reason that we wake up every day to make sure that each individual and business across Africa, no matter their station in life, has access to services that empower them to achieve their aspirations”.
The award is bestowed each year by the World Economic Forum’s sister organization, Schwab Foundation to identify and recognize the world’s leading social entrepreneurs.
Dr François Bonnici, Head of the Schwab Foundation, noted: ” The 2019 Schwab Foundation Awardees represent a new ecosystem of leaders who are driving change and shifting organizations and systems towards a more just, inclusive, sustainable future. Not only are they are demonstrating alternative models to serve, but they are also showing that mobilising and transforming society is possible using the levers of impact investing, social economy policies, 4IR technologies and social enterprise that aims for inclusion and equality. The Schwab Foundation Awardees serve as models for embedding this thinking and action into the work of all who aim to achieve the SDGs.”