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Africa.com and Standard Bank Group Release the 2023 Definitive List of Women Chief Executive Officers (CEOs)

Africa.com and Standard Bank Group Release the 2023 Definitive List of Women Chief Executive Officers (CEOs)
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The third annual Africa.com Definitive List of Women CEOs (https://TheDefinitiveList.Africa.com), 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
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://apo-opa.info/41kXLLj

The entire list of 93 women is available at this link: https://TheDefinitiveList.Africa.com/

Distributed by APO Group on behalf of Africa.com.

Media Inquiries:
Sean Whitehead
sean.whitehead@africa.com

About Africa.com:
Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community. Africa.com’s interests include the leading business content webinars across Africa conducted with faculty from Harvard University, the Africa.com Business Publisher’s Network, the website at iAfrica.com (https://iAfrica.com), Top10 email newsletters, various social media platforms, and internet domain names ending with the “.africa.com” extension. Africa.com operates from Johannesburg and New York, and has a presence in Cape Town and Nairobi.

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