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Mr. Larry Nestadt inducted into the Banking of Africa’s Future’s (BOAF) 10,000 African Points of Light for his contribution in building an exemplary Corporate Heritage of Africa.

Caroline Du Plessis

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It gives me great pleasure to announce that yesterday, the nomination committee of the Banking on Africa’s Future’s (BOAF) 10,000 Points of Light (POL) unanimously voted for Mr. Larry Nestadt to be inducted into the Hall of Fame for his lifetime achievements in defining and shaping the corporate character and personality of Africa,” said Ms. Clara Simango, the 1873 Network’s spokesperson.

The 1873 Network, a not-for-profit organization that is registered in terms of the laws of South Africa in collaboration with Africa Heritage Society (AHS), a not-for-profit organization that is also registered in terms of the laws of South, are powering this initiative to identify, profile, showcase and celebrate individuals who through thought and actions have and continue to shape the future of Africa, a seemingly dark continent.

Mr. Koomson, Director of BOAF – 10,000 Public Engagement Initiatives said: “It is instructive that in 1963 when the Organization of African Unity (OAU) was created, the democratization of South Africa was the test for the continent’s standard of a free Africa.

South Africa, at 28 years old, is endowed with unique and creative individuals like Larry who carry on with their calling and business without expecting to be recognized for the problems they solve.

As a member of the 1873 Network and AHS, I have understood the true meaning of our founding values that include: (1) Economic freedom is best secured by free men and women through the market system, (2) The individual is the property in anything of commercial value.

Against this backdrop, when the history of Africa is written, it will record that Africa belongs to all who live in it and those who seek refuge in Identity Politics (IP) are betraying the promise endowed in all God’s creatures to solve problems or add value to the quality of human life.

I am pleased to welcome Mr. Nestadt to this community that seeks to provoke, ignite, inspire and educate people that the self-evident truth is as relevant to the white tribe of Africa as it is relevant to all human actors in Africa that problem solving is neither excellent when prosecuted by black nor white value adding actors in value chains.

The story of Larry speaks volumes about what an individual can accomplish without any instructions and prescription from government actors.

The story speaks of risk taking, random decisions, human networks, and above all the spirit of service to humanity.

His story has made us to pause and reflect on what it means to be African. Does one need to be black to African? No.

Does one need to exclude other human beings from transforming the gifts of nature into objects and solutions of value to humanity?

I had no idea of Larry’s role in giving birth to Investec Bank and now more platforms that characterize the African corporate landscape.

He was born on the African soil like me and yet some will call him Jewish and I a Ghanaian when we both belong to the indivisible human family.

A apple knows no borders yet human beings are experts at excluding others on the basis of documentation, birth places and skin color.

The future of Africa that I want to see is a future that celebrates excellence without invoking tribalism in commerce.”

Mr. Nestadt said the following when informed of this honor, recognition and salute: “I will be honored. Thanks and regards, Larry.”

Ms. Simango said: “It will be remiss on my part if I did not take this opportunity to express my gratitude to the 1873 FM radio, an initiative of BOAF and the 1873 Network, for giving me a bridge to complete my studies through the financial support that Dr. Prosper Agbesi, President of the Pan African Business Forum (PABF), who generously donated funds to help me complete my tertiary education.

The 1873 FM radio where I interned as a student journalist for couple of months equipped me with knowledge and insights in the media sector to permit me to celebrate the diversity of the personality and character of Africa and to think in a forward leaning manner rather that in dwelling on the ghosts of the past.

I have learned to live in the present and to be the change that I always waited for in the mistaken belief that weakening the strong would provide salvation to my current challenges.

I am also grateful for the bridge to know people like Dr. Agbesi and other African corporate titans.

I am so proud to be part of this unique project that seeks to build a bank whose currency is people like Larry.

Just learning about Larry’s journey has given me a sense of daring and the only weapon I have as a journalist is to strive for excellence in the media by telling it as it is.

The project of creating an open, transparent and accountable governance system in Africa requires active citizenship.”

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