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Leading local women CEOsΒ 

patriot by patriot
April 25, 2023
in Business
0

The third annual Africa.com Definitive List of Women CEOs, sponsored by Standard Bank Group, was revealed on April 19, 2023 during a virtual event. No other list of African business women running big businesses is grounded in this type of quantifiable research. The list is unique in that it is based on data-driven research, with data provided by Bloomberg.

Making it into the Top 40 of Group 1 category from Botswana is the Botswana Insurance Holdings Limited CEO Catherine Lesetedi who is placed at position 18 for running a business generating US $306 million revenue.

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She is followed by Absa Bank Botswana Managing Director Keabetswe Pheko-Moshagane, at position 27 for a business generating US $187 million revenue; Included at position 40 is Faith Mabu Nteta, Managing Director, Sechaba Breweries Holdings Ltd which generates $20 million revenue.

At the very top of the list is Anglo American CEO Natascha Viljoen, for running a business with US $41.6 billion revenue.
β€œThis year’s list of 93 women represents 17 countries who have qualified based on either large scale revenue or large scale market capitalization. The list includes 40 women from South Africa, 12 from Nigeria, and 6 from Egypt, Ghana and Kenya respectively,” said Teresa Clarke, Chair of Africa.com.

Africa.com analyzed 2,020 companies listed on the 24 African stock exchanges. Of the 2,020 companies, Africa.com screened for those companies with revenue of $100 million or more, or a market cap of $150 million USD or more, which yielded a list of 787 companies.

The public websites of all 787 companies were examined to identify female C-suite executives. The team then researched each woman to determine those who have a title of chief executive officer or managing director or president AND conducted a review to confirm that these executives have bottom line, profit and loss responsibility for the companies. This resulted in 40 women CEOs on group 1.

The methodology for group 2 is identical to the methodology for Group 1, except that the entities evaluated were the divisions of the 787 companies, such that the divisions themselves have standalone revenue of $100 million USD or more. The women running these divisions must have a title that clearly demonstrates that they are the chief executive with profit and loss responsibility for the division. This analysis yielded 28 women division heads.

Group 3 started with an analysis of global corporations with revenue over $10 billion USD who have operations in one or more countries on the African continent. The regional heads of these companies were analyzed to identify women executives for an Africa region or an African country, with profit and loss responsibility for the country or region. This analysis yielded 25 women. Women in this group are ranked by prioritizing those who run the Africa region ahead of those who run a single African country.

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  • Banks in P90.79 billion household debtSeptember 13, 2025
    -           P39 billion of the credit is unsecure -           UK research firm forecasts escalating credit in the household sector RelatedPosts Banks in P90.79 billion household debt π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in Basarwa demand equal rights STAFF WRITER The household… Read more: Banks in P90.79 billion household debt
  • π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll inSeptember 13, 2025
    This morning (12.09.25), the Botswana Investment and Trade Centre (BITC) hosted the Hemp Innovations Europe (HIE) AB Memorandum of Understanding Handshake Ceremony. The MOU signing is in partnership with The Office of the President, Botswana University of Agriculture and… Read more: π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in
  • Basarwa demand equal rightsSeptember 13, 2025
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  • Bank of Botswana Celebrate 50 YearsSeptember 13, 2025
    Unveils new P50 banknote in commemoration   GORATAONE KGOSIMORE RelatedPosts Banks in P90.79 billion household debt π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in Basarwa demand equal rights editors@thepatriot.co.bw   Botswana’s central bank, the Bank of Botswana celebrated 50 years of existence,… Read more: Bank of Botswana Celebrate 50 Years
  • UDC in BDP deep stateSeptember 13, 2025
    Boko's wounded healer strategy recycles BDP cronies into govt Pilane's CoA appointment re-opens old wounds BDP denies ever politicizing public service   BAKANG TIRO RelatedPosts Banks in P90.79 billion household debt π‡πžπ¦π© 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚π₯s roll in Basarwa demand equal… Read more: UDC in BDP deep state
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