**The Most Influential African Business Leaders in 2024**
In 2024, Africa continues to showcase exceptional talent in its business landscape, with visionary leaders making a profound impact across diverse industries. From tech innovators to industrial magnates, these individuals are shaping the continent’s economic future while inspiring global audiences. Here’s a look at the most influential African business leaders in 2024, their achievements, and how they are transforming the business ecosystem.
### **1. Strive Masiyiwa (Zimbabwe)**
Strive Masiyiwa, founder and executive chairman of Econet Group, remains one of Africa’s most influential business figures. In 2024, Masiyiwa continues to lead in telecommunications, fintech, and renewable energy, with significant investments across Africa and beyond. His focus on using technology to bridge connectivity gaps has expanded Econet’s services to millions more across rural Africa.
Masiyiwa’s philanthropy, particularly through the Higherlife Foundation, remains pivotal in advancing education and entrepreneurship on the continent. His recent partnerships to scale renewable energy projects in underserved regions highlight his commitment to sustainability and innovation.
### **2. Ibukun Awosika (Nigeria)**
Ibukun Awosika, the former chairperson of First Bank of Nigeria and an accomplished entrepreneur, is a trailblazer in leadership and women’s empowerment. In 2024, Awosika’s business ventures in furniture manufacturing and consulting continue to thrive.
Her foundation, *After School Graduate Development Centre (AGDC)*, has empowered thousands of young Nigerians with the skills needed to excel in the workforce. Awosika’s influence extends beyond business, as she serves as a mentor and advocate for gender equity in leadership across Africa.
### **3. Tony Elumelu (Nigeria)**
Tony Elumelu, the founder of the Tony Elumelu Foundation (TEF) and chairman of the United Bank for Africa (UBA), is renowned for his focus on entrepreneurship. In 2024, Elumelu’s foundation has reached a milestone by supporting over 20,000 entrepreneurs with seed capital and training, significantly contributing to job creation across Africa.
Elumelu’s concept of “Africapitalism” – the idea that the private sector can drive development through profit and impact – continues to influence policies and business strategies across the continent. His leadership in banking and investments has positioned UBA as a leading pan-African institution.
### **4. Magatte Wade (Senegal)**
Magatte Wade, a leading entrepreneur in the organic and beauty industries, has become a powerful voice for Africa’s economic potential. In 2024, Wade’s company, *Skin Is Skin*, is expanding into global markets while remaining rooted in sustainable sourcing from African communities.
Wade’s advocacy for improving Africa’s business environment has led her to collaborate with policymakers to reduce barriers for small businesses. She is also a sought-after speaker, championing entrepreneurship as a solution to Africa’s youth unemployment crisis.
### **5. Patrick Njoroge (Kenya)**
Patrick Njoroge, the former governor of the Central Bank of Kenya, is now leading transformative financial initiatives in 2024. As an advocate for fintech, he has been instrumental in promoting financial inclusion through digital payment systems and blockchain technology.
Njoroge’s insights and strategies have been adopted by governments and private institutions, enabling more Africans to access banking services and credit. His leadership has positioned Kenya as a model for innovation in financial regulation.
### **6. Koos Bekker (South Africa)**
Koos Bekker, the chairman of Naspers, continues to shape Africa’s digital landscape. In 2024, Naspers remains a dominant force in media and e-commerce, with investments in global tech giants and African startups. Bekker’s strategic vision has expanded Naspers’ reach into emerging markets, making it one of Africa’s most valuable companies.
Bekker’s leadership in driving technological innovation is instrumental in positioning Africa as a hub for digital entrepreneurship and growth.
### **7. Mohammed Dewji (Tanzania)**
Mohammed Dewji, CEO of MeTL Group, remains Africa’s youngest billionaire and a prominent leader in the manufacturing and retail sectors. Under his leadership, MeTL Group has expanded operations to over 10 African countries, providing employment to tens of thousands.
In 2024, Dewji is focused on integrating sustainable practices into MeTL’s operations while diversifying the company’s product offerings. His philanthropic efforts, through the Mo Dewji Foundation, continue to impact health and education initiatives across Tanzania.
### **8. Rebecca Enonchong (Cameroon)**
Rebecca Enonchong, a tech entrepreneur and founder of AppsTech, is a leading advocate for innovation in Africa’s tech ecosystem. In 2024, Enonchong’s work in software development and her role as a mentor to African startups have earned her widespread recognition.
She is also a vocal proponent of gender inclusion in tech and serves on numerous boards, shaping policies to foster innovation and entrepreneurship across Africa. Her influence extends beyond Cameroon, with a global presence in promoting African tech talent.
### **9. Aliko Dangote (Nigeria)**
Aliko Dangote, Africa’s richest man and chairman of Dangote Group, continues to dominate the industrial sector. In 2024, Dangote’s refinery project, the largest in Africa, has reached full operation, significantly reducing the continent’s reliance on imported petroleum products.
Dangote’s investments in cement, agriculture, and healthcare demonstrate his commitment to diversifying Africa’s economy. His philanthropy, particularly in combating malnutrition and improving healthcare access, underscores his influence beyond business.
### **10. Bogolo Kenewendo (Botswana)**
Bogolo Kenewendo, a former government minister and now a leading economist, is shaping Africa’s policy landscape in 2024. Her consultancy, *Kenewendo Advisory*, advises governments and organizations on economic reforms and sustainable development strategies.
Kenewendo is a staunch advocate for youth and women’s empowerment, using her platform to promote inclusive policies and investment in Africa’s future workforce. Her leadership is inspiring a new generation of African changemakers.
### **Conclusion**
The most influential African business leaders of 2024 are not only driving economic growth but also addressing social challenges through innovation, advocacy, and philanthropy. These trailblazers are transforming industries, creating jobs, and shaping policies that will define Africa’s future. Their efforts highlight the continent’s immense potential and its critical role in the global economy. As Africa continues to rise, these leaders remain at the forefront, inspiring progress and prosperity for generations to come.
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