Tein TS. Jack-Rich to Receive African Philanthropist of the Year Award

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The President and Founder of Balema Oil Producing Limited, Mr. Tein T. S. Jack-Rich, has been awarded the African Philanthropist of the Year at the 12th African Persons of the Year Awards 2024 for his contributions towards socioeconomic development in Africa.


The award recognises Mr. Jack-Rich’s philanthropic efforts and significant contributions to the socioeconomic development of Nigeria. His strides in community development, including awarding scholarships and providing potable water to struggling communities, showcase his commitment to uplifting communities and his passion for providing for the vulnerable groups in society.


Jack-Rich will be presented with this award at the event scheduled from February 22nd to February 23rd, 2024. With the theme “Building Resilient African Economies,” the forthcoming year’s event is expected to draw in over 300 attendees, including academics, business executives, industry titans, legislators, investors, and representatives of international development organisations.

Also, the event promises roundtable panel discussions, keynote addresses, talks about partnerships and investments, and high-level networking opportunities, among its main attractions. ALM Persons of the Year winners will also receive awards during the ceremony, which will also feature the unveiling of the special POTY edition of African Leadership Magazine.

Other exclusive dignitaries confirmed to attend the event include His Excellency William Ruto, President of the Republic of Kenya; His Excellency George Weah, the former President of Liberia; Hon. Cllr. Fonati Koffa, the speaker of the Liberia House of Representatives; and His Excellency Rodrigo Guzmán Barro, the Ambassador, Embassy of Chile in Addis Ababa. The Hon. Dr. Kailesh Jagutpal, the Minister of Health and Wellness, Mauritius; Ngozi Ekeoma, the CEO of NAPAL Petroleum; Dr. Adesola Kazeem Adeduntan (FCA), the Group CEO of First Bank of Nigeria; Apostle Michael Adeyemi Adefarasin, Chief Servant, Kingdom Lifeline Apostolic Ministries International; Daniel Asiedu, the Managing Director of the OmniBSICBank, Accra, Ghana; Mr. Henry Fallah Saamoi, the Chief Executive Officer of the International Bank (Liberia) Limited, Monrovia, Liberia; Mr. Gil Bires, the Director-General of Investment and Export Promotion Agency (APIEX-Mozambique); and Mr. Mike Kamungeremu, the President of the Zimbabwe National Chamber of Commerce (ZNCC), among many others.

About ALM Persons of the Year (POTY)

The ALM Persons of the Year (POTY) Ceremony is a flagship annual event of the African Leadership Magazine, which has been held consecutively over the past 12 years, convening policymakers, private sector leaders, civil society leaders, thought leaders, and all stakeholders from across Africa and the rest of the world to discuss issues bothering Africa’s socio-economic growth and development. The event has also become a prestigious platform for honouring people-centred leadership and Africans who are pursuing a pan-African agenda in their chosen fields of endeavour.

About African Leadership Magazine

Published by the African Leadership Organization (UK), the African Leadership Magazine focuses on presenting the best of Africa to a global audience. It shares the African story from an African perspective, offering solutions to current challenges on the continent. For the past 16 years, the organisation has dedicated itself to promoting impactful leadership and African opportunities globally through quality Afro-positive content, African trade facilitation, market entry solutions, Afro-centric communities, business networking platforms, and public sector training and consulting.

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