YOUNG AFRICAN CEO’S SHAPING THE BUSINESS WORLD

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In African communities, attaining leadership is often justified by the idea that maturity develops with age. That’s why in ancient times, leadership duties were separated according to age, with the old being seen as leaders in their spheres of influence.

 

 

 

But with time, everything changed. Young people today are attempting to fill leadership positions once held by the elders, a development yet to be well embraced by the older folks.

 

 

 

Despite all the challenges, youngsters are urged to take on leadership roles to represent their demographic and help them develop into excellent future leaders.

 

For this reason, Mr Jolson Masaki, 29, a former chairperson of the Youth United Nations and an information analyst, asserted in an interview with Success that adult oversight of youth leadership opportunities frequently results in missed opportunities for youth to take the lead, whether consciously or unconsciously. However, despite this, the outcomes are usually the same: a missed chance for child to assume leadership.

 

 

 

In view of this, The African Leadership Magazine has selected some of the top young African CEOs that are expected to have a significant impact on the development of Africa.

 

 

 

These individuals were chosen based on their dynamism, remarkable track records, and active involvement in the rise of Africa as a significant player in the world economy.

 

 

 

Here are some of the top five african CEO’s shaping the business world.

 

 

 

Of course, the first one is Mohamed Dewji of Tanzania, who serves as the CEO of Mohamed Entreprises Tanzania Ltd. Other than that, he is a former politician and rich businessman from Tanzania. He was a Member of the Tanzanian Parliament for Chama Cha Mapinduzi (CCM) from 2005 to 2015, representing his hometown of Singida. He is the proprietor of the MeTL Group, a Tanzanian conglomerate created by his father in the 1970s. Dewji was the 17th richest person in Africa and the youngest billionaire as of October 2022, according to estimates of his net worth of US$1.5 billion. In 2013, Dewji became the first Tanzanian to appear on the cover of Forbes.

 

In 2014, Dewji founded the Mo Dewji Foundation. In addition, Dewji pledged to contribute at least half of his wealth to charity, either during his lifetime or in his will, when he signed the Giving Pledge.

 

The second one is Nigerian Igho Sanomi.

 

Nigerian rich businessman Mr. Sanomi was born in 1975 and has interests in oil, power, logistics, telecommunications, the marine industry, aviation, and real estate. In addition, he works as a geologist, a public speaker, and a benefactor.

 

Sanomi is the chairman of the Dickens Sanomi Foundation (DSF), which he established alongside his siblings in 2011 to honor their late father. The DSF only conducts business in Nigeria thanks to funding from the Taleveras Group and the Midel Group.

 

In addition to receiving the Martin Luther King Legacy Award for generosity.

 

 

 

The foundation also donated money to Oxfam and Save the Children. In addition, Sanomi was chosen to serve on the advisory board of the West Africa Book Development Fund. He succeeded the late Ade Adefuye as the honorary chair of the Martin Luther King, Jr. International Salute Committee.

 

 

 

Igbinoba Jennifer, sometimes called Jenny’s Glow, is third in line. She is one of Nigeria’s most prosperous skin care and beauty business owners. She humbled herself to enter the field of the beauty industry and now owns some of the most amazing discoveries and best-selling skin care and beauty products in the country. She started the company in 2017 and has since opened outlets throughout the nation. She recently opened Hair by Jennysglow, a high-end wig shop. She has several well-known influencers working as brand ambassadors. She is undoubtedly well-known in the skincare and beauty sectors.

 

 

 

Gordon Babala Kasibante Wavamunno, sometimes known as Gordon Wavamunno, is a Ugandan businessman, philanthropist, and entrepreneur born on 16 December 1943. He is the proprietor of Spear Motors Uganda, the country’s only Mercedes-Benz distributor. He served as the director for WBS Television and is thought to be among the richest individuals in Uganda. Additionally, he represents Hungary as an honorary consul in Uganda.

 

Teta Isibo, 32, the founder of the Rwandan company Inzuki Design, which specializes in jewelry, accessories, and home decor, is also named by many as one of the continent’s most promising young businesspeople.

Teta collaborates with regional women’s cooperatives to produce colorful, high-quality crafts by hand utilizing local materials at Inzuki Design.

Locally, “Inzuki” means “bees,” and their store is in the center of Kigali.

YOUNG AFRICAN CEO’S SHAPING THE BUSINESS WORLD

YOUNG AFRICAN CEO’S SHAPING THE BUSINESS WORLD

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