Renowned businessman and Chief Executive of Engineers and Planners Ghana Limited, Mr. Ibrahim Mahama has been awarded as the ‘African Industrialist of the Year,’ at the 2018 African Achievers Awards.
This comes barely two days after speaking as a distinguished panelist, at the Standard Bank Transregional Conference in Nigeria.
The African Achievers Awards has consistently honoured great African Achievers from African Leaders, Young Achievers, Community Builders to Captains of Industries across the continent.
The Awards ceremony has fast become established as one of the biggest gatherings of influential and global African Achievers on the continent.
At the 8th Edition of the Awards ceremony held at the house of Parliament London, Mr. Ibrahim Mahama was presented with the Award by Lindsey Oliver, a Co-Founder of the Aljazeera news channel.
Among the distinguished guests at the ceremony was the Rt. Hon. Diane Abbott, MP for Hackney North and Stoke Newington – London.
Mr. Mahama whilst expressing his gratitude for the recognition also dedicated the award to the memory of his late parents, E.A. Mahama, and Joyce Tamakloe, both of whom were entrepreneurs.
He also dedicated the award to the hard working management and staff of Engineers and Planners, “whose untiring efforts have elevated the company to this stage.”
In 1997, with the equivalent of Five Hundred Pounds (£500) in his pocket, 26-year-old Ibrahim Mahama returned to his native country Ghana, after his sojourns in the United Kingdom, to set up a Heavy-Duty equipment rental company – Engineers & Planners.
Soon, he noticed a business opportunity when the Ghanaian government at the time, decided to privatize all the state-owned mining companies. Mr. Mahama reworked his business model to take advantage of the privatization drive of the government.
Currently, the company is worth more than $5 billion, both in assets and human resource, thanks to the leadership of Ibrahim Mahama.
Recounting his beginnings, Mr. Mahama said he dropped out of school at some point. He said “not every one of us is cut for success in the classroom,” adding “this doesn’t mean that I am not in favor of schooling. Schooling, he opined, is very important and urged every young person to aspire to the highest level of education.
He emphasised his confidence in the African continent, insisting that he believes opportunities exist for Africans to capture the commanding heights of their economies. “As youth of the continent, we must think outside the box and seize the bountiful opportunities that abound right beneath our noses,” he stated.
He noted that the recognition among others should spur other young Africans to aspire to establish their own businesses and take advantage of the opportunities Africa has to offer.
Engineers and Planners has built a huge portfolio in Ghana, working for mining giants such as Golden Star Resources and Goldfields Ghana. Today the company is an A-Class mining contracting firm competing in the midst of international Contract Mining companies.
The company employs close to three thousand workers, in both the Damang and Tarkwa Mines owned by South African Goldfields. It also continues to work on other satellite projects across the country including road construction, earth moving and civil engineering works.
Ibrahim Mahama’s impact is not only limited to Ghana, his company E&P was the first to open up the Liberian economy to commercial mining activities after over two decades of civil war when they won the contract to mine the iron ore concession for Arcellor Mittal in Yekepa Liberia.
Mr. Mahama is involved in other business interests, including ‘Man Bosch Ghana Limited’ (MBG), a company representing MAN DIESEL Trucks in Ghana. He is also currently working on a cement producing company, with a production capacity of 2.6 million tonnes per annum.