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Fresh faces join seasoned achievers in New African’s ‘100 Most Influential Africans’ listing

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Influential Africans

The listing celebrates the achievements of the 100 Africans whose lives and work have created far reaching ripples within the continent and abroad

LONDON, United Kingdom, December 9, 2022/APO Group/ — 

Five heads of state make the list including President Ruto of Kenya; one former head of state makes the list (President Obasanjo) and an aspiring one (Peter Obi) is also included; twenty seven African nationalities in total are represented; Nigerians  dominate the list with 28 entries; followed by South Africa (11); Kenya (9); Ghana (5) and Cameroon (5); there are 62 men and 38 women in the list. Gender parity was achieved in 2018; the creatives lead with 26 entries, followed by entrepreneurs (21); the majority of entries are from Anglophone countries (67).

Africa’s creative talents once again hold centre stage in New African magazine’s 100 Most Influential Africans (MIA) listing. The listing celebrates the achievements of the 100 Africans whose lives and work have created far reaching ripples within the continent and abroad.

The annual listing, which appears in this year’s Christmas (December/January) issue of Africa’s longest established and the world’s most widely read pan-African periodical in English, is highly anticipated and hotly discussed by readers in Africa, the US and Europe.

An entry in the MIA listing is considered Africa’s ultimate stamp of approval for achievement. While the list contains some names that have appeared before, the editor, Anver Versi, notes that it “is a tribute to their staying power that year on year, they do not rest on their laurels but continue with fresh impetus to do more for more people in more areas.” There is nonetheless a fresh and exciting crop of fresh achievers making their name in the listings for the first time.

This year’s listing, as previous listings have done, reflects the changing emphasis and priorities on the continent. As normal life begins to reassert itself after the Covid ravages, Africa’s entrepreneurs, innovators, social and environmental activists, scientists and opinion shapers make a strong comeback into the ranks.

The continent’s fountainhead of creative talent continues to give generously and Africa’s writers, singers, actors, designers, editors, journalists, chefs and even Tiktokers continue to dominate the listing with 26 entries. Their influence in changing the African narrative is today undisputed.

Some, like the Kenyan actress Lupita Nyong’o and UK Vogue editor Edward Enninful, have become international stars and celebrities and are reshaping their respective industries and the way Africa is now viewed internationally. Entertainers such as Burna Boy not only dominate the world-wide music scene but are recasting global music to the Afrobeat tempo. Similarly, Africa’s best-selling authors and designers are creating a unique African aesthetic that the world cannot have enough of.

There are many others who are working away diligently and ceaselessly but away from the public eye

In the field of sport, the French Algerian football superstar Karim Benzema joins other sporting greats like Senegal’s Sadio Mane and Kenya’s Eluid Kipchoge. Their influence transcends sports and they have become role models for the youth of this young continent. 

The influence of most of the African leaders and entrepreneurs who have made the list also extends beyond their normal framework and has regional and global touch. Afreximbank’s President, Prof. Benedict Oramah, is a case in point as his original approach to finance is making the impossible possible. Many others are involved in cutting edge technology, including Artificial Intelligence and, of course, Elon Musk is not satisfied with what the Earth has to offer and is aiming for Mars.

In the leaders section, among others, Kenya’s new President William Ruto takes his place alongside Rwanda’s Paul Kagame – who year in, year out cannot be left out of the reckoning – and Sierra Leone’s Maada Bio, whose bold decision to allocate over 20% of his country’s budget to education is exemplary.

But these are only some of the people featured in the 100 Most Influential Africans of 2022 listing; it has been described as “like a very large chocolate tray full of tempting individual items, to be picked, explored and savoured at leisure.” 

In his introduction to the listing, the Editor of New African magazine, Anver Versi, says that in addition to the many easily recognised names, “there are many others who are working away diligently and ceaselessly but away from the public eye. Some are making far reaching changes at the grassroots, some are beavering away in laboratories or obscure sites – their influence is understated and yet fundamental to our progress.”

The 100 Most Influential Africans of 2022 in numbers

Categories:
Creatives 26, Entrepreneurs 21, Opinion Shapers 16, Leaders 15, Changemakers 12, Sports 10
 
Gender
62 male, 38 female

By Country 
Nigeria 28, South Africa 11, Kenya 9, Cameroon 5, Ghana 5, Senegal 4, Zimbabwe 4, Morocco 3, Tunisia 3, Zambia 3, Algeria 2, Côte d’Ivoire 2, Ethiopia 2, Mali 2, Rwanda 2, Sierra Leone 2, Somalia 2, Uganda 2, Botswana 1, Burkina Faso 1, Burundi 1, Congo 1, Egypt 1, Guinea-Bissau 1, Madagascar 1, Mozambique 1, Togo 1
Total, 27 nationalities represented.
 
By Languages
Anglophone 67, Francophone 18, Arabic 9, Lusophone 2, Amharic 2, Somali 2

The Dec/Jan issue also features profiles and interviews of a number of prominent personalities including the President of the African Development Bank, Akinwumi Adesina, Bineta Diop, Special Envoy of the African Union, Nardos Bekele-Thomas, CEO of AUDA-NEPAD and Francesca Chiejina, one of the rising stars of opera.

The issue is available online https://bit.ly/3HralBp and also in news kiosks in over 70 countries.

Distributed by APO Group on behalf of New African Magazine.

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Mantashe to attend major AOW energy event

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October 3, 2024

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Mantashe

Mantashe has been a regular keynote speaker at previous AOW events, and the announcement of his attendance comes as lucrative energy opportunities open across the continent

CAPE TOWN, South Africa, October 3, 2024/APO Group/ — 

South Africa’s Minister of Mineral and Petroleum Resources, Mr Gwede Mantashe has committed to attend the four-day AOW energy event (https://AOWEnergy.com/) in Cape Town from 7 – 10 October.

AOW: Investing in African Energy brings together industry leaders to develop policy, share discoveries, secure investment, and shape Africa’s energy future. This year’s event will feature more than 1 600 senior delegates, 80 ministers and officials from 70+ countries and representatives of more than 760 companies.

Announcing Mantashe’s confirmed attendance, Chief Executive Officer of Sankofa Events, Paul Sinclair said that the presence of the host nation’s two most senior energy leaders confirmed that Africa was committed to taking ownership of its own energy destiny.

“We are excited to welcome Mr Mantashe to AOW, where he will share stages and attend sessions with ministers from many other countries, as well as senior players from energy businesses and multilateral forms,” said Sinclair. “We are proud to provide an environment where Africa’s energy leaders can discuss the latest industry trends, and how the continent can help to shape them.”

We are proud to provide an environment where Africa’s energy leaders can discuss the latest industry trends, and how the continent can help to shape them

Mantashe has been a regular keynote speaker at previous AOW events, and the announcement of his attendance comes as lucrative energy opportunities open across the continent – in responsible oil exploration and production, in renewable energy, and in the trade of natural gas as a high-demand future fuel.

Ongoing major oil-and-gas discoveries in the Orange basin, offshore South Africa and Namibia, have highlighted the scale and importance of these opportunities – for African governments, their people, and energy businesses.

“The world’s energy markets are in the midst of a dynamic transition,” said Sinclair. “Navigating that transition requires industry partnerships. Africa is showing that not only does it have massive resources, it also has the networks, the financial innovation and the commitment to develop those resources for Africa’s people, and all stakeholders.”

This year marks 30 years of the industry-leading AOW event. The four-day conference, exhibition and investment forum brings together governments, regulators, global operators, power producers, investors and service providers.

Distributed by APO Group on behalf of AOW: Investing in African Energy.

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The Gambia’s Minister of Petroleum and Energy Joins African Energy Week (AEW) 2024 Amid Exploration Drive

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October 3, 2024

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Kinetiko Energy

The Gambia’s Minister of Petroleum and Energy Nani Juwara will participate as a speaker at African Energy Week: Invest in African Energy in Cape Town this November

CAPE TOWN, South Africa, October 3, 2024/APO Group/ — 

On the back of major investments from multilateral finance institution the African Development Bank, The Gambia is poised to increase its electrification rate to 70% – 50% in rural areas – by the end of the year. In the wake of the country’s burgeoning energy sector, The Gambia’s Minister of Petroleum and Energy Nani Juwara will participate as a speaker at this year’s African Energy Week (AEW): Invest in African Energy 2024 conference, which takes place in Cape Town from November 4-8.

The Gambia represents one of Africa’s final oil and gas frontiers and the participation of Minister Juwara at AEW: Invest in African Energy 2024 will be crucial for highlighting the immense opportunities present across the country’s upstream and downstream sectors. His participation is also poised to showcase the role hydrocarbon resources will play in addressing both the country and Africa’s energy and socioeconomic development needs.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Situated in proximity to Senegal’s 231-million-barrel Sangomar field, where a 100,000-barrel-per-day project came online in June this year, The Gambia’s offshore prospects offer significant potential for play-opening discoveries. The Gambia’s Bambo prospect reservoirs have revealed oil shows in recent years and could hold up to 1.2 billion barrels of oil. The data – acquired by independent oil and gas company FAR – has opened additional material exploration opportunities in the offshore A2 and A5 blocks.

The Gambia remains wholly committed to advancing the energy sector while leveraging its burgeoning hydrocarbon potential

Last year, The Gambia extended FAR’s permit for the blocks until September 30, 2025, with reduced annual fixed costs. FAR is now seeking farm-in partners to fund geoscience reviews and exploration wells. Meanwhile, global energy company the Nigerian National Petroleum Company and state-owned Gambian National Petroleum Corporation signed a MoU in the same year to explore and develop crude oil in the country. The agreement entails geological studies, seismic data analysis and potential drilling activities.

At last year’s AEW conference, The Gambia’s Ministry of Petroleum and Energy and hydrogen developer H2 Gambia Limited signed an agreement on hydrogen exploration in the country. The deal will allow for extensive research to be undertaken over a period of one year and forms part of The Gambia’s decarbonization efforts. The Gambia recently entered a new era of energy development with the inauguration of its first large-scale solar energy facility in Jambur in April 2023. Built by Chinese manufacturer Tebian Electric Apparatus, the 23 MW solar plant serves to reduce the country’s reliance on imported fossil fuels.

“The Gambia remains wholly committed to advancing the energy sector while leveraging its burgeoning hydrocarbon potential. As a largely undeveloped energy market and situated in close proximity to major developments across the offshore MSGBC region, the country offers strategic opportunities for foreign investors active across the entire energy value chain,” states Executive Chairman of the African Energy Chamber NJ Ayuk.

At AEW: Invest in African Energy 2024, Minister Juwara is expected to share his insights into the investment opportunities across The Gambia’s oil and gas value chain, engaging with global financiers and technology providers to attract capital to its untapped energy prospects. As an experienced leader in the country’s energy space, Minister Juwara’s participation aligns with the conference’s strategy to encourage private sector investment and participation while ensuring The Gambia benefits from its hydrocarbon resources.

Distributed by APO Group on behalf of African Energy Chamber.

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Fund for Export Development in Africa and Africa Finance Corporation power ARISE Integrated Industrial Platforms’ US$443 Million capital raise

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October 3, 2024

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Export Development

The funds are intended to accelerate ARISE IIP’s fast expansion and operational efficiency across its 12-country portfolio

DUBAI, United Arab Emirates, October 3, 2024/APO Group/ — 

ARISE IIP, a leading pan-African developer and operator of world-class industrial parks, has announced a significant capital raise of US$443 million.

The funding includes a strategic US$300 million investment from Afreximbank’s development impact investment arm, The Fund for Export Development in Africa (FEDA), securing Afreximbank’s FEDA a significant stake in ARISE IIP. Additionally, the capital raise is supported by an additional US$143 million contribution from Africa Finance Corporation (AFC). This investment builds on debt funding relationship of over 12 years between ARISE IIP and Afreximbank, during which about US$2 billion has been provided to support ARISE IIP’s investments across Africa.

ARISE IIP’s total equity capital now exceeds US$1 billion, with Africa Finance Corporation (AFC) holding a majority stake, followed by Afreximbank’s FEDA and Equitane as key shareholders.

This equity partnership with Afreximbank significantly enhances our financial capacity to execute our pan-African industrial development strategy

This significant capital injection is strategically aligned with both entities’ objectives to catalyse industrial transformation across Africa. The funds are intended to accelerate ARISE IIP’s fast expansion and operational efficiency across its 12-country portfolio, that comprises key markets such as Malawi, Cameroon, Sierra Leone, Benin, Togo, Ivory Coast, Rwanda, Gabon, DRC, Congo, Chad, and Nigeria.

This investment is anticipated to strengthen Africa’s position in global value chains, aligning with Afreximbank’s mandate to promote intra-African and extra-African trade.

Gagan Gupta, Founder and CEO of ARISE IIP said about this partnership: “This equity partnership with Afreximbank significantly enhances our financial capacity to execute our pan-African industrial development strategy. It’s a strong vote of confidence in our business model and growth prospects.”

President & Chairman of Board of Directors at Afreximbank, Prof. Benedict Okey Oramah, stated: “We are very pleased with our latest investment in ARISE IIP which is aligned with Afreximbank’s strategic pillars of promoting intra African Trade and facilitating industrialisation and export development across Africa. The capital boost will arm ARISE IIP with the financial muscle needed to drive Africa’s industrialisation, promote intra and extra-African trade, job creation and the general economic growth of our continent.”

Marlene Ngoyi, CEO of the Fund for Export Development in Africa (FEDA), stated: “Our investment in ARISE IIP is a critical step towards fostering sustainable industrial growth across Africa. By supporting the development of high-impact industrial infrastructure, we are helping to create an environment that will drive economic diversification, boost value-added production, and position Africa as a key player in global trade.”

Samaila Zubairu, President & CEO of AFC said: “I would like to thank the board and management for their unwavering support in our shared mission to transform African economies. Our journey towards capturing greater value within the continent, by converting raw materials into intermediate and finished goods, has already shown significant progress in three countries, with an expanding pipeline of projects in ten more. This success reinforces our commitment to further support and invest in this important initiative, including our latest equity investment of $143 million. We are also delighted to formally welcome Afreximbank-FEDA as a new shareholder, having previously supported us through debt financing. Their participation, alongside other prospective investors, is a testament to the strength and de-risked nature of our ecosystem value chain industrial platform. We look forward to continuing our partnership to drive industrialization and sustainable economic growth across Africa.”

Distributed by APO Group on behalf of Afreximbank.

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