Top 50 women in corporate Africa revealed after data-driven research

In a major virtual summit with over 1,000 high-level participants, Africa.com revealed the names of the 50 most senior women in corporate Africa.

The Africa.com “Definitive List of Women CEOs” is distinguished, in that it is data-driven. The researchers started by working with data provided by Bloomberg, and evaluated the 1,400-plus companies listed on the 24 African stock exchanges.

The list yielded many more women from South Africa than any other African country, followed by Nigeria and Kenya.

The finance sector had more female CEOs than any other sector, followed closely by technology.

Laura Joseph, managing director of Africa.com said, “Five companies had more than one woman on the list: Bidvest, Microsoft, Old Mutual, Sonatel and Sanlam.”

Not just SMEs

The methodology covers three areas:

1) chief executive officers of African exchange-listed companies with a market capitalisation of over US$150 million;

2) division heads of African exchange-listed companies where the division itself would be valued at over $150 million were it standalone; and

3) Africa region heads, or country heads, of globally listed companies with a market cap of over $50 billion.

The chair and executive editor of Africa.com, Teresa Clarke, said, “The list has started a movement to give African women something larger to aspire to: running a large, complex business – not just SMEs, as is often the focus of women in business.”

Check the full list below:

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