Roughly about Twenty-Three percent of the Fortune five hundred CEOs are women, unfortunately none of these women are of African Decent. In honor of the International Women’s Day, here is a list to top five Female CEOs in Africa. These women are setting the pace for women all over the continent and the world at large.

  1. Njeri Rionge – Kenya  

Njeri Rionge is one of the women pioneer investors in the IT sector in Africa. She co-founded Wananchi Online, East Africa’s leading Internet Company.

Over the years, she has established a host of other thriving businesses, some of which includes Ignite Consulting; which focuses on business consultancy, Ignite Lifestyle; a health care consultancy, Business Lounge; one of Kenya’s largest startup incubators; and Insite, a digital marketing agency.

  1. Folorunsho Alakija – Nigeria

Folorunsho’s fortune comes from her oil exploration company Famfa Oil. She also has investments in real estate. Folorunsho Alakija started her career as a secretary for the now-defunct Merchant Bank of Nigeria. A few years later, she went on to set up Supreme Stitches, a fashion label that catered for elite Nigerian women.

The 65-year-old businesswoman is Africa’s second wealthiest woman, estimated by Forbes to be worth $2.1 billion.

  1. Sibongile Sambo – South Africa

After being rejected from being a flight attendant because of her looks, Sibongile started her own aviation business. Today, she is the founder and managing director of SRS Aviation, the first black female-owned aviation company in South Africa.


  1. Divine Ndhlukula – Zimbabwe

Divine is the founder and Managing Director of SECURICO, a security company. Despite being a male dominated company, Divine still managed to stand out, her company, SECURICO is one of the largest security firms in Zimbabwe, with more than 3,500 employees.

She was recently selected as one of the most influential female leaders in the world.


  1. Hajia Bola Shagaya – Nigeria

Hajia Bola Shagaya is the founder and CEO of Bolmus Group International – a diversified Nigerian conglomerate with competence in Oil, real estate, banking, photography and communications.

She started working for the Central Bank of Nigeria before starting her first business in 1983. She is also one of the board members of Nigeria’s Unity Bank and has a significant stake in the bank.


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