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AfricaMoney | October 17, 2017

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Kabir Ruhee of Rogers Technologies Mauritius in top 200 African biz leaders

Kabir Ruhee of Rogers Technologies Mauritius in top 200 African biz leaders

Besides a ranking of the first 100 established economic leaders from the 1st to the 100th place, there is also a second list of emerging economic elites ranked between the 101st and 200th place, which features Kabir Ruhee, the 36-year-old general manager of Rogers Technologies. (Image: Company)

A ranking of the top 100 leaders in Africa released recently by the Institut Choiseul and called the Choiseul 100 Africa, provides interesting insights into the regional, sectoral and gender-based power play in the continent.

No surprises that after Nigeria’s ascension to the top-ranked economy in Africa, Nigerian businessman Igho Sanom, CEO of Taleveras Group came up top in the list of 100 young African leaders.

Rounding up the top 5 are Tanzanian Mohammed Dewji, CEO of MeTL; Egypt’s Hisham El Khazindar, CEO at Citadel Capital; Angolan businesswoman Isabel Dos Santos, Chairman at Unitel International Holding; and finally, Senegalese Tidjane De, Office Lead Francophone Africa at Google.

The next 5 are South African businesswoman Nomkhita Nqwe, CEO, ABSA Capital; Morocco’s Mehdi Tazi, CEO at Saham Assurance Maroc; Zimbabwean Marlon Chigwe, Co-head for Sub-Saharan Africa at The Carlyle Group; Ugandan multi-millionaire tycoon Ashish Thakkar, CEO at the Mara Group, and finally, Janine Diagou Wodie, General Manager at NSIA Banque, from the Ivory Coast.

Besides a ranking of the first 100 established economic leaders from the 1st to the 100th place, there is also a second list of emerging economic elites ranked between the 101st and 200th place.

Kabir Ruhee, the 36-year-old general manager of Rogers Technologies is the sole entry from the island economy on the rankings, where he makes it to the second list of 100 emerging leaders.

Another mention of Mauritius comes all the way from Kenya, whose national, Christian Bwakira, is a General Manager at Visa Mauritius, and also makes it to the second list of emerging economic leaders.

Looking at the report country-wise, of the 54 states in Africa today, as many as 42 are represented in the study and the main economic strongholds in the continent have their representatives holding the best ranks.

In each major region, a country stands out as the leader in the area: Nigeria to the West, Kenya to the East, Morocco to the North, South Africa for Southern and Cameroon for Central Africa.

Kenya and Nigeria are at the top with 18 winners each. They are followed by Morocco (17 winners), Cameroon (10 winners) and South Africa (17 winners).

Having said these, while these few countries dominate the economic landscape, other major countries also participate in the development of the continent and are especially well represented among the 200 laureates. This is the case for Algeria, Tanzania, Ivory Coast and Senegal.

Looking at a sectoral break-up of the industries where the economic elite of Africa hail from, the banking and financial sectors are now the cornerstone of the growth. If for a long time, the lack of funding impacted the economic potential of Africa, major infrastructural projects for the continent’s development are now attracting investors from all walks of life.

In ICT too, many champions are rising, and so also in the production and distribution of food products.

However, some sectors seem to have trouble attracting the best and brightest of this generation. Indeed, the rankings list few stakeholders of the energy sector, as is also the case for the transport and logistics sector, which is crying out for a modernization of infrastructure and management methods.

As for the construction and real estate, while the sector is expected to grow by leaps and bounds on the continent – particularly to meet strong demand related to population growth and increasing urbanization – too few young leaders succeed and flourish in this capital-intensive sector.

Coming to women empowerment, the ranking also highlights a major evolution in gender power-play as more women emerge in influential and powerful positions which were previously almost inaccessible to them.

The Choiseul 100 Africa lists 58 women among the 200 young African leaders, who are pioneers in many sectors, including financial institutions and public agencies.

About the report:

The Choiseul 100 Africa is an annual study independently carried out by the Institut Choiseul. It identifies and ranks the young African leaders who are expected to play a major role in the continent’s economic development in the near future.

The Institut Choiseul contracted many experts and specialists on the continent to prepare this ambitious and unique ranking which draws up an inventory of the true economic leaders in Africa.

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