Cellulant co-founder and chief executive officer Ken Njoroge was named this year’s Social Entrepreneur of the Year by the Schwab Foundation, affiliated with the World Economic Forum (WEF).
The foundation annually identifies and recognises leading social entrepreneurs from around the world.
Schwab Foundation said the award to Mr. Njoroge was in recognition of Cellulant’s work in building digital payments and financial services that enable businesses and consumers in different sectors, including retail, agriculture, transport, logistics, and e-commerce, to access services.
“Over the past couple of years, Ken has invested time in training and advising the next generation of entrepreneurs, and contributing to the growth of the entrepreneurship ecosystem in Africa,” the foundation said.
Mr Njoroge said the award was a recognition of innovation that goes into solving social problems.