Africa.com announced the second annual Africa.com Definitive List of Women CEOs on March 8, 2022, in line with International Women’s Day.  The list is a unique, data-driven research effort that highlights the women who lead big business in Africa.  The data for the effort is provided by Bloomberg.

In short, the list represents the women who run big businesses in Africa.  All of the women-run businesses with revenue of $100 million or more.  No other list of successful African businesswomen is grounded in quantifiable research.

Africa.com Chair Teresa Clarke said, “The 2022 list features 74 women.  This represents a meaningful expansion over the 50 women who made the 2021 list.  This is largely explained by our intentional change in our methodology.  In the first year, we used market capitalization of listed companies as the only financial metric by which to qualify companies for consideration. In 2022, we changed the qualification to be either large scale market capitalization or large scale revenue.  By making revenue a screening mechanism, we brought in a larger group of companies from across the continent, thereby diversifying the geographic representation of the list significantly.”

Africa.com is not only reporting on women in corporate Africa but is also running large scale, free training for African women in the first five years of their corporate careers. Aida Diarra, head of VISA for sub-Saharan Africa, helped to train over 2,000 women with Africa.com in a virtual event.  94% of the participants said that the training was very important to their future success.

A video presentation of the 2022 women on the list, as well as the methodology used to create the Africa.com Definitive List of Women CEOs, are available at this link:  Reveal Video of 2022 Definitive List of Women CEOs (https://bit.ly/3KuqtjZ)

Methodology  

Group One: CEOs

Of the 1364 companies listed on the 24 African stock exchanges, we screened for those companies with revenue of $100 million or more, or a market cap of $150 million or more, which yielded a list of 581 companies.  The public websites of these 581 companies were reviewed to identify female C-suite executives. Our team of researchers then examined the list of these women to determine those who have a title of chief executive officer or managing director or president AND have bottom-line profit and loss responsibility. This resulted in the final list of 35 women CEOs.

Group Two: Divisional CEOs

The methodology for this group is identical to the methodology for Group 1, except that the entities evaluated were the divisions of the 581 companies, such that the divisions themselves have standalone revenue of $100 million or more, or a market cap of $150 million 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 25 women CEOs.

Group Three: Regional CEOs

The methodology for this group started with an analysis of global corporations with revenue over $10 billion who have operations in one or more countries on the African continent.  The regional heads of these companies were analyzed to identify women chief executives for an African region or an African country, with profit and loss responsibility for the country or region.  This analysis yielded 14 women CEOs.  Women in this group are ranked by prioritizing those women who run the African region ahead of those who run a single African country.

The Definitive List:

  1. Natascha Viljoen, CEO, Anglo American Platinum, South Africa
  2. Nompumelelo Thembekile (Mpumi) Madisa, CEO (Executive Director), Bidvest Group, South Africa
  3. Bertina Engelbrecht, CEO, Clicks Group, South Africa
  4. Lynette Francis Saltzman, MD, Dis-Chem Pharmacies, South Africa
  5. Lizé Lambrechts, CEO, Santam, South Africa
  6. Rosemary Oduor, MD & CEO, Kenya Power & Lighting Ltd, Kenya
  7. Miriam Olusanya, Managing Director, Guaranty Trust Bank Limited, Nigeria
  8. Albertinah Kekana, CEO, Royal Bafokeng Holdings, South Africa
  9. Jane Karuku, Group Managing Director & CEO, East African Breweries Ltd. Kenya
  10. Nneka Onyeali-Ikpe, Managing Director & CEO, Fidelity Bank, Nigeria
  11. Nathalie Alquier, CEO, Centrale Danone, Morocco
  12. Ruth Zaipuna, CEO, NMB Bank, Tanzania
  13. Rebecca Miano, Managing Director & CEO, Kenya Electricity Generating Company, Kenya
  14. Nasim Devji, Group CEO & Managing Director, Diamond Trust Bank, Kenya
  15. Mercia Geises, CEO, SBN Holdings Ltd. (Standard Bank), Namibia
  16. Zanele Matlala, CEO, Merafe Resources Ltd. South Africa
  17. Catherine Lesetedi, Group Chief Executive Officer, Botswana Insurance Holdings (BIHL Group), Botswana.
  18. Anne Juuko, CEO, Stanbic Bank Holdings, Uganda
  19. Mansa Nettey, CEO, Standard Chartered Bank, Ghana
  20. Owen Omogiafo, President /CEO, Transnational Corp of Nigeria, Nigeria
  21. Jalila Mezni, CEO, Societe d’Articles Hygeniques, Tunisia
  22. Diane Karusisi, CEO, BK Group PLC, Rwanda
  23. Jackie van Niekerk, CEO, Attacq Ltd., South Africa
  24. Lamia Tazi, CEO, Sothema, Morocco
  25. Keabetswe Pheko-Moshagane, Managing Director, Absa Bank Botswana Ltd., Botswana
  26. Mukwandi Chibesakunda, CEO, Zambia National Commercial Bank, Zambia
  27. Mitwa Ng’ambi, CEO, MTN Rwanda, Rwanda
  28. Godrey Ogbechie, Group Executive Director, RainOil, Nigeria
  29. Miriem Bensalah-Chaqroun, VP & Managing Director, Oulmes, Morocco
  30. Leila Fourie, CEO, JSE, South Africa
  31. Njilan Senghore, Managing Director, Trust Bank, The Gambia
  32. Oluwatomi Somefun, Managing Director & CEO, Unity Bank, Nigeria
  33. Mama Tajmouati, President, YNNA Holding, Morocco
  34. Amelia Beattie, CEO, Liberty Two Degrees, South Africa
  35. Faith Mabu Nteta, Managing Director, Sechaba Breweries, Botswana
  36. Mpumi Zikalala, CEO Kumba Iron Ore, Anglo American, South Africa
  37. Kerrin Land, Managing Director, Personal Finance and Wealth Management, Old Mutual, South Africa.
  38. Prabashini Moodley, Managing Director Corporate, Old Mutual, South Africa
  39. Kanyisa Mkhize, CEO Corporate, Sanlam, South Africa
  40. Abena Osei-Poku, Managing Director, Absa Group, Ghana
  41. Mizinga Melu, CEO & MD, Absa Group, Zambia
  42. Vivien McMenamin, CEO, Mondi, South Africa
  43. Mariam Cassim, Group CEO, Financial & Digital Services, Vodacom, South Africa
  44. Hannah Sadiki, CEO, Financial Services, Bidvest Bank/ Bidvest Group, South Africa
  45. Kerry Cassel, CEO Financial Services Sector, Motus Holdings, South Africa
  46. Zyda Rylands, CEO, Woolworths Food, South Africa
  47. Fhulu Badugela, CEO Multichoice Africa Holdings, The Multichoice Group, South Africa
  48. Yolisa Phahle, CEO General Entertainment & Connected Video, The Multichoice Group, South Africa
  49. Nevine Wefky, President of Corporate Credit & Investment, Commercial International Bank, Egypt
  50. Richelle Crots, Regional CEO SA Commercial, Aspen Pharmacare Holdings, South Africa
  51. Ramatoulaye Diallo Shagaya, Managing Director Orange Finances Mobile Services, Sonatel, Senegal
  52. Aminata Kane Ndiaye, CEO Orange Sierra Leone, Sonatel, Senegal
  53. Kate Rycroft, MD Distell International, Distell Group, South Africa
  54. Abiola Bawuah, Regional CEO West Africa, UBA Bank, Nigeria
  55. Sally-Anne Jackson, MD Miladys, Mr. Price Group, South Africa
  56. Elize Rogers, MD Arxo Logistics, Tharisa, South Africa
  57. Helene Echevin, CEO CIEL Healthcare, CIEL, South Africa
  58. Anet Ahem, CEO PSG Asset Management, PSG Konsult, South Africa
  59. Helene Weesie, MD Ghana Breweries at Diageo, Diageo, Ghana
  60. Nanees Adel, CHS Managing Director, Cleopatra Hospital, Egypt
  61. Nunu Ntshingila, Regional Director Africa, Facebook, South Africa
  62. Yvonne Ike, Managing Director Sub-Saharan Africa, Bank of America, Nigeria
  63. Cathy (Prim) Smith, MD Sub-Saharan Africa, SAP, South Africa
  64. Aida Diarra, Senior Vice President & Head Sub-Saharan Africa, VISA Inc, South Africa
  65. Teju Ajani, Managing Director Nigeria, Apple, Nigeria
  66. Juliet Ehimuan, Director West Africa, Google (Alphabet Inc.) Nigeria
  67. Taelo Mojapelo, Chief Executive Officer, bp Southern Africa
  68. Mariam Kane-Garcia, Managing Director South Africa, Total Energies, South Africa
  69. Kendi Ntwiga-Nderitu, Country Lead Kenya, Microsoft, Kenya
  70. Lillian Barnard, CEO South Africa, Microsoft, South Africa
  71. Ireti Samuel-Ogbu, CEO Nigeria and Ghana, Citibank, Nigeria
  72. Brenda Mbathi, President GE East Africa, General Electric, Kenya
  73. Patricia Obo-Nai, CEO Vodafone Ghana, Vodafone Group, Ghana
  74. Yolanda Cuba, Vice President SEA Region, MTN, South Africa

Africa.com acknowledges its presenting partner Standard Bank, and title partner VISA Inc.

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