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20 African Powerful Business Men

1. Marius Kloppers, CEO, BHP Billiton

Kloppers, 50, is the head of BHP Billiton, the worldâ??s largest mining company. Born in South Africa, Kloppers studied Chemical engineering at the University of Pretoria, earned his MBA at INSEAD and completed his Doctorate at MIT. He worked at Sasol (SSL), Mintek and McKinsey & Co, before joining global resources giant BHP Billiton in 1993. He became C.E.O in 2007. Few weeks after taking the reins of the company, Kloppers launched an audacious takeover bid for rival mining giant Rio Tinto. The deal fell through, but Kloppers has performed remarkably well nevertheless: Last year, the company posted a $22.5 billion profit. BHP produces resources like aluminum, coal, nickel, iron ore, oil, gas, copper and uranium from mines and facilities located on 6 continents. 

2. Aliko Dangote, President, Dangote Group

Africaâ??s richest man is also one of its most influential business leaders. The Nigerian-born commodities tycoon is founder and president of the Dangote group- West Africaâ??s largest industrial conglomerate. The Dangote group has manufacturing interests in sugar, flour and cement across West, East and South Africa. His listed Dangote Cement accounts for more than a quarter of the total market capitalization of the Nigerian Stock Exchange. He is looking to list the company on the London Stock Exchange next year. Last year, Nigerian President Goodluck Jonathan conferred the tycoon with the national award of Grand Commander of the Order of the Niger, (GCON), the countryâ??s second highest national honor.

3. Brian Joffe, CEO, Bidvest Group

Meet the man who created the Bidvest Group- Africaâ??s closest comparator to General Electric. Joffe, 65, founded Bidvest in 1988 with a $1 million cash shell, and built the group into one of Africaâ??s largest conglomerates. Today, the JSE-listed $7.2 billion (Market Cap) international services, distribution and trading company operates on four continents and employs over 100,000 people. The companyâ??s key assets include Bidvest Freight- sub-Saharan Africaâ??s largest privately-held freight management business, Bidvest Automotive, a leading South African motor vehicle retailer, a thriving financial services division and the worldâ??s largest foodservice outside North America. Joffe, a trained Chartered Accountant is Chief Executive of the company.

Jacko Maree, CEO, Standard Bank Group

Jacko Maree, 53, a former Rhodes scholar is the CEO of the Standard Bank Group, Africaâ??s largest financial services conglomerate. The $23 billion (market cap) behemoth operates in 33 different countries including South Africa, Nigeria, Turkey, Russia, Argentina and Jersey. Maree is also chairman of The Banking Association (S.A.) and is a former director of the International Monetary Conference. He has been named South Africaâ??s most trusted CEO at least 3 times. 

Cyril Ramaphosa, Executive Chairman, Shanduka Group

Ramaphosa, 59, is one of South Africaâ??s most powerful figures in business and politics. His first taste of power was in the 1980s as a trade union leader in South Africa when he founded the National Union of Mineworkers to improve the rights of black African workers. In the early 90s, he was elected as secretary general of the countryâ??s leading political party, the African National Congress (ANC) and played a key role in negotiating with the National Party during the countryâ??s transition to democracy. He became a member of the countryâ??s parliament in 1994 but resigned three years later to build a career in business. Today, his privately-held and highly influential investment holding company, Shanduka Group owns substantial stakes in South African mining giant, Assore, Standard Bank, CocaCola Shanduka (a joint venture with CocaCola), insurance, telecom and extensive real estate holdings. Last year, he acquired the South African operation of American fast food giant, McDonaldâ??s. Ramaphosa, a very senior member of the ANC is frequently mentioned as a possible future president.

Raymond Ackerman, Founder, Pick n Pay

In 1966 and at the age of 35, Raymond Ackerman was fired from his position as a Managing Director at South African food retailer, Checkers. He used his severance pay to acquire four retail outlets in Cape Town which traded under the name Pick n Pay. Under Ackermanâ??s management, Pick n Pay grew from four retail outlets in Cape Town to 794 stores around Southern Africa, Mauritius and Australia. Current Market Cap: $1.2 billion. Ackerman stepped down as Executive Chairman in 2010, handing over the reins to his son, Gareth. Dedicated philanthropist: Through his Ackerman Family Educational Trust, he supports about 60 students through the University.

Patrice Motsepe, Executive Chairman, African Rainbow Minerals

Motsepe, 50, trained as a lawyer at the University of Witwatersrand then went on to become the first black partner at storied Johannesburg-based commercial law firm, Bowman Gilfillan. He later founded a small contracting business doing mine scut work before buying low-producing gold shaft mines in 1994, and turned them profitable using lean management style. Today, he is the Executive Chairman of the $5 billion (Market Capitalization) African Rainbow Minerals which produces platinum, nickel, chrome, iron, manganese, coal, copper and gold. Motsepe is also the largest individual shareholder at the company

Christo Wiese, Chairman, Shoprite

Christo Wiese is the chairman and largest individual shareholder of Africaâ??s largest retailer, low-price supermarket chain Shoprite. He also owns a controlling stake in discount clothes, shoes and textiles chain Pepkor as well a significant shareholding in private equity firm Brait. Wiese also has significant real estate holdings, and a stake in Pallinghurst, a private equity firm focused on mining and solid minerals.

 

Tony Elumelu, Executive Chairman, Heirs Holdings & The Tony Elumelu Foundation

In 1997, Tony Elumelu led a small group of investors to take over a distressed medium-sized commercial bank in Lagos. He transformed the bank into what we know today as the UBA Group- a $2 billion (market capitalization) Pan-African financial services behemoth spanning 20 African countries with over $12 billion in assets and over 10,000 employees. In 2010, he stepped down as Chief Executive of the bank and went on to found Heirs Holdings- an, African-focused holding company which invests in African companies across important sectors of the economy. He also founded the Tony Elumelu Foundation, an influential non-profit which grooms and mentors business students from across the continent, and equips them with the tools to succeed as Entrepreneurs. 

Maria Ramos, CEO, Absa Group

Maria Ramos, 53, is one of the continentâ??s most respected public administrators and business leaders. In 2009, she was appointed Chief Executive of the Absa Group, South Africaâ??s second largest financial services group by market capitalization. Before taking up the reins at Absa, Ramos enjoyed a successful career in South Africaâ??s public sector, including serving as the countryâ??s Director General for the National Treasury, and most recently as Group Chief Executive of Transnet Limited, the state-owned rail, pipeline and ports agency.

Nonkululeko Nyembezi-Heita, CEO, ArcelorMittal SA

51 year-old Nonkululeko Nyembezi-Heita heads the South African operations of ArcelorMittal, the worldâ??s largest steel producer. These are not particularly times for ArcelorMittal SA. The company is at risk of facing a $390 million fine over charges of price fixing and the South African government recently excluded the company from participating in an infrastructure procurement program which could benefit local manufacturers. Consolation: ArcelorMittal South Africa is still the continentâ??s biggest steel company. Annual production capacity: 7.8 million tons. Nyembezi-Heita started off as an engineer at IBM's Research Triangle Park in Raleigh, North Carolina, before proceeding to work for the company in South Africa. She had a stint as CEO of South African financial services firm, Alliance Capital, before joining Vodacom as head of its Mergers and Acquisition division. She became CEO of ArcelorMittal SA in 2008. Also serves as Chairman of the Bond Exchange of South Africa Limited and as a Non-Executive Director at the Johannesburg Stock Exchange Limited and Old Mutual. 

Nicky Oppenheimer, Chairman, De Beers Group

South Africaâ??s richest man still remains Chairman of De Beers- the worldâ??s largest producer of rough diamonds despite selling off his familyâ??s 40% stake in the company last November to mining giant, Anglo American. Oppenheimer remains committed to investing in Africa: His family is a Joint venture partner with Singapore state investor Temasek Holdings in Tana Africa, a private equity fund focused on the agricultural and consumer goods sectors across Africa.

Johann Rupert, Chairman, Richemont, Reinet Investments SCA, and Remgro

South African Johann Rupert is chairman and chief executive of Richemont, a Swiss luxury goods company which owns premium brands like Alfred Dunhill, Cartier, Chloé, Montblanc and Chloé. Also owns online fashion portal Net-a-Porter. In South Africa, Rupert owns significant investment interests in mining, Tobacco, financial services and media held through holding companies Remgro, Venfin and Reinet Investments SCA. Rupert is chairman of all three companies. He has been Chancellor of Stellenbosch University since 2009. 

Manu Chandaria, Chairman, Comcraft Group

East Africaâ??s most venerable business leader is chairman of the Comcraft group, a $2 billion industrial behemoth which produces steel, plastics, and aluminum products from manufacturing facilities in 45 countries â?? 16 of which are in Africa. Total workforce: Over 40,000 people. Also Kenyaâ??s biggest philanthropist. His Chandaria Foundation is active in over seven countries, and has given away millions to causes in education, health and the arts. Chandaria, 83, holds the title of the Elder of the Burning Spear, one of Kenyaâ??s highest civilian honors.
 

Naushad Merali, Chairman, Sameer Group

In 2000, the Kenyan-Asian tycoon partnered with French media giant Vivendi to found Kencell, a Kenyan mobile phone service provider, which he later sold off to Celtel and Bharti Airtel. He still owns 5% of Bharti Airtelâ??s operations in Kenya, and serves as chairman of the board. But the bulk of his power and fortune comes from his ownership of one of East Africaâ??s largest conglomerates- the $2 billion (Annual turnover) eponymous Sameer Group which owns some of the most popular companies in the Kenyaâ??s financial services, construction, agriculture, energy and ICT sectors. Merali is chairman of the group. His son, Sameer Merali is heir apparent. 

Onsi Sawiris, Founder, Orascom Group

In 1971, the Egyptian government nationalized Onsi Sawirisâ?? first construction business. Undeterred, he went on to build Orascom Construction Industries, the flagship company of the Orascom Group which has interests in telecoms, infrastructure, hotels and tourism. The companies are all run by his three sons- Naguib, Samih and Nassef.
 

 

Strive Masiyiwa, Executive Chairman, Econet Wireless

Zimbabweâ??s richest man is the founder and executive chairman of Econet Wireless, a publicly-listed mobile telecoms company with operations in Zimbabwe, Botswana, Lesotho, Burundi and Rwanda; company owns a 3G license in New Zealand. New ambition: Looking to build Africaâ??s largest solar power company. Last November, the born-again Christian Telecoms tycoon launched the Econet Power Station- a revolutionary solar power device which will allow individuals and families across Africa to light up their homes, charge their mobile phones and generally utilize energy at a relatively inexpensive cost compared to current solar energy devices currently available in Africa. Masiyiwa remains one of Africaâ??s most respected businessmen, and one of the worldâ??s most respected entrepreneurs of African origin. Along with Virgin billionaire Richard Branson, he is a co-founder at the Carbon War Room, an organization which seeks to implement market-driven solutions to climate change. He also serves on the board of trustees of the Rockefeller and Conrad N. Hilton Foundations. Also one of Africaâ??s most generous philanthropists: His charitable foundation, the Capernaum Trust, which he runs in partnership with his wife, pays the school fees of over 22,000 Zimbabwean orphans. 

Koos Bekker, CEO, Naspers

The Rupert Murdoch of Africa is the CEO and largest individual shareholder of Naspers, Africaâ??s largest media conglomerate. Once a Newspaper company (Naspers means â??National Press), Bekker is transforming the $23 billion (Market capitalization) media behemoth into a global internet giant. The group owns significant media and internet interests in over 120 countries including key stakes in global internet blue chips such as Mail.ru, Tencent, Ibibo, Buzzcity and a minority shareholding in Facebook. The company also owns Africaâ??s largest Pay-TV outfit, DSTV as well as the continentâ??s largest magazine and newspaper publisher- Media24. He has served as Chief executive of Naspers since 1997.
 

Sheikh Mohammed Al-Amoudi, Chairman MIDROC Ethiopia Investment Group

The richest black person in the world is as Ethiopian as he is Saudi. Born in Ethiopia to a Saudi father and Ethiopian mother, the Sheikh immigrated to Saudi Arabia as a child and made a fortune executing lucrative construction contracts for the Saudi Royal family. Al-Amoudi is Ethiopiaâ??s biggest investor. In February, he announced a $3.4 billion investment in Ethiopia through his MIDROC Ethiopia Investment Group to be ploughed into agriculture, cement, steel, transport and hospitality. Al-Amoudi also owns gold mines in the country and the landmark 5-star Sheraton Hotel in Addis Ababa. 

Naguib Sawiris, Founder, Orascom Telecom Holding

Naguib, the eldest son of Onsi Sawiris built Orascom Telecom into Egyptâ??s dominant mobile phone company before merging the firm with Russian telecom giant, Vimpelcom last April in a $6.5 billion deal. Heâ??s among the companyâ??s largest individual shareholders. Sawiris also wields significant clout in his countryâ??s politics. A vocal critic of former president Mubarakâ??s regime, he acted as a mediator between the government and the opposition in implementing political reforms after Hosni Mubarak stepped down in the aftermath of the Egyptian revolution. Heâ??s also a founder of the Free Egyptians party, a political party which seeks to promote free markets and a secular platform. French President Nicholas Sarkozy recently granted Sawiris France's highest badge of honor, the Honor Choir, in recognition of his "efforts and contributions in promoting the cooperation between Egypt and France in the fields of industry, development and community service."
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