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Top 100 Africans


Mohamed El-Erian Egypt


Business & Finance


Ngozi Okonjo-Iweala Nigeria


Naguib Sawiris Egypt


CEO of asset managers PIMCO, the world’s largest bond investor with over US$1 trillion of assets. With an impeccable academic record, having studied at both Oxford and Cambridge universities, Dr Mohamed El-Erian also served as a member of the faculty at Harvard Business School. Highly respected and well-known in the fields of economics and finance, when not investing and moving markets, this brilliant man can often be found writing (he has published books and numerous articles), teaching or at various speaking engagements.


Tony Elumelu Nigeria


Ngozi can be considered an African stateswoman. This impressive lady was Nigeria’s finance minister and then, briefly, foreign affairs minister, the first woman to hold either position. She is held in great esteem for transforming her ministerial departments and successfully negotiating the elimination of Nigeria’s external foreign debt. She continuously champions the African cause and is indefatigable in making sure the continent is seen as a land with plenty of opportunities and talent. This dynamic woman is an eloquent speaker, and when she talks, the rest do listen.


Jim Ovia Nigeria


One of the continent’s great business leaders, he is also one of the wealthiest, with a net worth of US$2.5 billion. He belongs to one of the largest business families in Egypt and although Orascom Telecoms has sold (or is in the process of selling) many of its most valuable assets, Naguib remains one of the country’s shrewdest and most capable businessmen. He has been an active participant in Egyptian affairs since the fall of the Mubarak government and is setting up a political party, the Free Egyptians, to mobilise the liberal and secular vote.


Wale Tinubu Nigeria


Tony Elumelu founded the United bank of Africa (UBA) and evolved it into a leading African financial services institution, transforming it into a pan- African institution. Tony is one of Africa’s most influential business leaders. He is today the chairman of Heirs Holdings, a private investment vehicle. Driven by his entrepreneurial vocation and passion for philanthropy, he created the Tony Elumelu Foundation in 2010, whose objective is the promotion of excellence in business management, entrepreneurship and leadership.


18 | June 2011 New African


Despite his quiet approach, the founder of Zenith Bank is one of Nigeria’s most driven and determined business leaders. He founded Zenith Bank in 1990 and in his own image set about an aggressive programme, putting it amongst the country’s top two banks today. He has turned his attention to building his telecoms business and promoting education through the use of IT. His financial clout and business acumen mean he is amongst the most influential business leaders in Nigeria.


As the CEO of the diversified oil and gas giant Oando, Wale Tinubu is one of Nigeria’s most powerful young business leaders. Representing the new breed of ambitious and relentless African leaders, Tinubu has grown Oando into a $3bn company, making it one of Africa’s most successful indigenous companies today. Tinubu is amongst a crop of young business people who are turning African companies into world-beaters.


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