JOHANNESBURG, South Africa -/African Media Agency(AMA)/- The third annual Africa.com Definitive List of Women CEOs, sponsored by Standard Bank Group, was revealed on April 19, 2023 during a virtual event. No other list of African business women running big businesses is grounded in this type of quantifiable research. The list is unique in that it is based on data-driven research, with data provided by Bloomberg.
“This year’s list of 93 women represents 17 countries who have qualified based on either large scale revenue or large scale market capitalization. The list includes 40 women from South Africa, 12 from Nigeria, and 6 from Egypt, Ghana and Kenya respectively,” said Teresa Clarke, Chair of Africa.com.
Africa.com analyzed 2,020 companies listed on the 24 African stock exchanges. Of the 2,020 companies, Africa.com screened for those companies with revenue of $100 million or more, or a market cap of $150 million USD or more, which yielded a list of 787 companies.
The public websites of all 787 companies were examined to identify female C-suite executives. The team then researched each woman to determine those who have a title of chief executive officer or managing director or president AND conducted a review to confirm that these executives have bottom line, profit and loss responsibility for the companies. This resulted in 40 women CEOs on group 1.
The methodology for group 2 is identical to the methodology for Group 1, except that the entities evaluated were the divisions of the 787 companies, such that the divisions themselves have standalone revenue of $100 million USD or more. The women running these divisions must have a title that clearly demonstrates that they are the chief executive with profit and loss responsibility for the division. This analysis yielded 28 women division heads.
Group 3 started with an analysis of global corporations with revenue over $10 billion USD who have operations in one or more countries on the African continent. The regional heads of these companies were analyzed to identify women executives for an Africa region or an African country, with profit and loss responsibility for the country or region. This analysis yielded 25 women. Women in this group are ranked by prioritizing those who run the Africa region ahead of those who run a single African country.
The three groups make up the final Definitive List of 93 women listed below.
40 women from Group I are included here.
GROUP I
- Natascha Viljoen, CEO, Anglo American Plc
- Johannesburg Stock Exchange
- $41.6 billion USD Revenue
- South Africa
- Nompumelelo Zikalala, CEO, Kumba Iron Ore Ltd
- Johannesburg Stock Exchange
- $6.9 billion USD Revenue
- South Africa
- Mpumi Madisa, CEO, Bidvest Group
- Johannesburg Stock Exchange
- $6.6 billion USD Revenue
- South Africa
- Bertina Engelbrecht, CEO, Clicks Group Ltd
- Johannesburg Stock Exchange
- $2.6 billion USD Revenue
- South Africa
- Dr Nombasa Tsengwa, CEO, Exxaro Resources
- Johannesburg Stock Exchange
- $2.2 billion USD Revenue
- South Africa
- 6 Albertinah Kekana, CEO, Royal Bafokeng Holdings
- Johannesburg Stock Exchange
- $1.1 billion USD Revenue
- South Africa
- Miriam Chidiebele Olusanya, Managing Director, Guaranty Trust Holding Company
- Nigeria Stock Exchange
- $1.1 billion USD Revenue
- Nigeria
- Jane Karuku, Group Managing Director & CEO, East African Breweries
- Nairobi Stock Exchange
- $970 million USD Revenue
- Kenya
- Ntombi Felicia Msiza, CEO, Raubex Group Ltd
- Johannesburg Stock Exchange
- $781 million USD Revenue
- South Africa
- Nneka Onyeali-Ikpe, Managing Director & CEO, Fidelity Bank
- Nigerian Stock Exchange
- $600 million USD Revenue
- Nigeria
- Zanele Matlala, CEO, Merafe Resources
- Johannesburg Stock Exchange
- $546 million USD Revenue
- South Africa
- Ramasela Ganda, Group CEO, Zeda Ltd
- Johannesburg Stock Exchange
- $518 million USD Revenue
- South Africa
- Ruth Zaipuna, CEO, NMB Bank Plc,
- Dar es Salaam Stock Exchange
- $485 million USD Revenue
- Tanzania
- Nasim Devji, Group CEO & Managing Director
- Diamond Trust
- Nairobi Stock Exchange
- $370 million USD Revenue
- Kenya
- Dr Hend El Sherbini, Group CEO, Integrated Diagnostics Holdings
- Egypt Stock Exchange
- $333 million USD Revenue
- Egypt
- Mukwandi Chibesakunda, CEO, Zanaco
- Lusaka Stock Exchange
- $321 million USD Revenue
- Zambia
- Faith Mukutu, CEO, Zambeef Products Plc
- Lusaka Stock Exchange
- $318 million USD Revenue
- Zambia
- Catherine Lesetedi, Group CEO, Botswana Insurance Holdings Ltd
- Gaborone Stock Exchange
- $306 million USD Revenue
- Botswana
- Godrey Ogbechie, Group Executive Director, Rainoil
- Nigerian Stock Exchange
- $276 million USD Revenue
- Nigeria
- Owen Omogiafo, President and Group CEO, Transcorp Plc
- Nigerian Stock Exchange
- $273 million USD Revenue
- Nigeria
- Anne Juuko, CEO, Stanbic Bank Uganda
- Uganda Stock Exchange
- $267 million USD Revenue
- Uganda
- Mercia Geises, CEO, SBN Holdings Ltd
- Windhoek Stock Exchange
- $233 million USD Revenue
- Namibia
- Lamia Tazi, CEO, SOTHEMA
- Casablanca Stock Exchange
- $229 million USD Revenue
- Morocco
- Diane Karusisi, CEO, BK Group Plc
- Rwanda Stock Exchange
- $218 million USD Revenue
- Rwanda
- Mansa Nettey, CEO, Standard Chartered Ghana
- Accra Stock Exchange
- $213 million USD Revenue
- Ghana
- Dr Helene Weesie, Managing Director, Guinness Ghana Breweries
- Accra Stock Exchange
- $198 million USD Revenue
- Ghana
- Keabetswe Pheko-Moshagane, Managing Director, ABSA Bank Botswana
- Gaborone Stock Exchange
- $187 million USD Revenue
- Botswana
- Mapula Bodibe, CEO, MTN Rwandacell Plc
- Rwanda Stock Exchange
- $187 million USD Revenue
- Rwanda
- Jackie van Niekerk, CEO, ATTACQ Ltd
- Johannesburg Stock Exchange
- $179 million USD Revenue
- South Africa
- Dr Leila Fourie, Group CEO, JSE Ltd
- Johannesburg Stock Exchange
- $170 million USD Revenue
- South Africa
- Val Nichas, CEO, SPUR Corp Ltd
- Johannesburg Stock Exchange
- $157 million USD Revenue
- South Africa
- Valentine Dzvova, CEO, African Equity Empowerment Investments Limited
- Johannesburg Stock Exchange
- $150 million USD Revenue
- South Africa
- Njilan Senghore, Managing Director, Trust Bank Ltd
- Accra Stock Exchange
- $130 million USD Revenue
- Ghana
- Oyeyimike Adeboye, Managing Director, Cadbury Nigeria Plc
- Nigerian Stock Exchange
- $130 million USD Revenue
- Nigeria
- Tomi Somefun, Managing Director & CEO, Unity Bank Plc
- Nigerian Stock Exchange
- $124 million USD Revenue
- Nigeria
- Mama Tajmouati, President, SNEP
- Casablanca Stock Exchange
- $121 million USD Revenue
- Morocco
- Amelia Beattie, CEO, Liberty Two Degrees
- Johannesburg Stock Exchange
- $64 million USD Revenue
- South Africa
- Magda Wierzycka, Founder & Executive Chairman, SYGNIA Ltd
- Johannesburg Stock Exchange
- $51 million USD Revenue
- South Africa
- Bronwyn Knight, CEO, Grit Real Estate
- Stock Exchange of Mauritius
- $51 million USD Revenue
- Mauritius
- Faith Mabu Nteta, Managing Director, Sechaba Breweries Holdings Ltd
- Gaborone Stock Exchange
- $20 million USD Revenue
- Botswana
A video presentation revealing the 93 women on the list, is available at this link: https://youtu.be/uDE0CKP6ZaI
The entire list of 93 women is available at this link: https://thedefinitivelist.africa.com/
-Ends-
Distributed by African Media Agency (AMA) on behalf of Africa.com.
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