5 Kenyan Women Listed Among the Top 50 Names in Corporate Africa

Africa.com has listed 5 Kenyan women among 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. It utilized data provided by Bloomberg and evaluated over 1,400 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 women CEOs than any other sector, followed closely by technology.

Jane Karuku, the Group Managing Director and CEO of East African Breweries Ltd led the Kenyan list and was ranked the fourth in the continent.

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Africa.com Managing Director Laura Joseph noted that five companies including Bidvest, Microsoft, Old Mutual, Sonatel, and Sanlam had more than one woman on the list. 

The methodology included three sections:

1. CEOs of African exchange-listed companies with a market cap over $150 million USD;
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.

According to Africa.com Chair and Executive Editor, Teresa Clarke the list gives African women hope and something to always look up to.

“The list has started a movement to give African women something larger to aspire to, like running a large, complex business – not just SMEs as is often the focus of women in business,” she said.

Here is the whole list