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Most Promising Young Entrepreneurs In Africa 2014- Forbes

Most Promising Young Entrepreneurs In Africa 2014- Forbes
Most Promising Young Entrepreneurs In Africa 2014- Forbes

There has never been a more inspired generation of young Africans. These builders, innovators and risk takers are fervent in their resolve to transform the continent.ย They are solving critical socio-economic problems, exporting African culture to the world, creating job opportunities for Africans, re-telling Africaโ€™s stories, and writing the future.

I present to you Africaโ€™s brightest young entrepreneurs. These are the ones who are making the most dramatic impact in Africa today in manufacturing, technology, real estate, media & entertainment, financial services, agriculture, fashion and the service industry. They are impatient to explore new possibilities and slowly but surely, they are building empires. They may be todayโ€™s upstarts, but they are tomorrowโ€™s legends. Aliko Dangote, Tony Elumelu, Chris Kirubi and Patrice Motsepe may call the shots today, but these ones will take center stage tomorrow.

Christian Ngan,ย Cameroonian

Founder,ย Madlyn Cazalis

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After working in financial services in France, first as an analyst at French investment bankย Quilvest Groupย and as an associate atย Findercordย in Paris, Christian Ngan returned home to Cameroon to start his own business in 2012. With $3,000 of his savings, he founded Madlyn Cazalis, an African hand-made bio cosmetic company that produces body oils, natural lotions, creams, scrubs, masks and soaps. Madlyn Cazalis products are sold and distributed across more than 30 chemist stores, beauty institutes and retail outlets in Cameroon and neighboring countries in Central Africa. The company does not reveal revenues but says it is profitable. Ngan, 30, is also founder of GoldskyPartners Advisory, a small financial advisory firm in Cameroon.

Senai Wolderufael,ย Ethiopian

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Founder,ย Feed Green Ethiopia Exports Company

The 27 year-old Ethiopian entrepreneur is the founder of Feed Green Ethiopia Exports Company, an Addis Ababa-based outfit that produces and exports popular Ethiopian spice blends such asShiro, Mitmita, Korarimaย andย Berbere. Wolderufael founded the company in 2012 primarily to serve the needs of the Ethiopian diaspora in the United States and Europe, but as demand for Ethiopian spices increased significantly, Feed Green began exporting to new markets within Africa. The company employs only women.

Eric Kinoti,ย Kenyan

Founder,ย Shades System East Africa

The 29 year-old Kenyan is the founder ofย Shades System East Africa, a $1 million (annual sales) company that manufactures military and relief tents, branded gazebos, restaurant canopies, car parking shades, marquees, luxury tents, wedding party tents canvas seats and bouncing castles across the region.ย  The companyโ€™s biggest clients are non-governmental and humanitarian organizations. Based in Nairobi, Shades System exports its products to Somalia, Congo and Rwanda. The company says it is profitable and has 18 full-time employees.

Nick Kaoma,ย South African

Founder,ย Head Honcho Clothing

South Africaโ€™s own Daymond John in the making, Nick Kaoma is building an urban legend. The 28 year-old Cape Town native is the founder and creative director ofย Head Honcho clothing, a prominent South African lifestyle brand that designs, manufactures and markets streetwear clothing that is hugely popular among South Africaโ€™s young urban dwellers. The companyโ€™s product line includes t-shirts and caps to cardigans, varsity jackets, hoodies, tank tops and female dresses.

Ronak Shah,ย Kenyan

Founder,ย Kronex Chemicals Ltd

 

Issam Chleuh,ย Malian

Founder,ย Africa Impact Group

Issam Chleuh, a 27 year-old Malian national and former Ernst & Young Senior Associate, is the founder of the Africa Impact Group,ย an international organization focused on directing investment to socially and environmentally beneficial ventures, an asset class calledย Impact Investing. The companyโ€™s services include data & research, news, advisory services, and start-up incubation. Africa Impact Groupโ€™sย clients include impact investors, private equity firms, family offices, leading African corporations, governments and nonprofits.

Patrick Ngowi,ย Tanzanian

Founder,ย Helvetic Group

Patrick Ngowi, 29 is the founder ofย Helveticย Group, a company that pioneered the supply, installation and maintenance of solar systems inย Tanzaniaโ€™s Northern Circuit. Helvetic Solar Contractors continues to grow. Helvetic did more than $5 million in revenues in 2013 and KPMG East Africa recently valued the company at $15 million. Helvetic is also expanding into the South African region and Ngowi is gearing up to take the company to Dar es Salaamโ€™s capital markets.

Heshan de Silva,ย Kenyan

Founder,ย DSGVenCap

After dropping out from school in the United States, Heshan de Silva, 25, worked briefly for a tea exporting company owned by his parents before breaking out to startย VenCap, a business that sold travel insurance bundled into long distance bus tickets. The company became profitable very quickly, grossing over $1 million in revenues within its first year and setting the pace for travel insurance for bus commuters in Kenya. He is now a venture capitalist and the founder ofย DSGVenCap,ย a company that makes seed investments in the tech, media, agribusiness and consumer industries in Kenya.

Julie Alexander Fourie,ย South African

Founder,ย iFix

At 26, Julie Alexander Fourie runs a company that employs 40 people and services more than 4,000 clients a month. Fourie is the founder ofย iFix, which repairs and services all Apple products and Samsung Smartphones. iFix has branches in Johannesburg, Cape Town and Durban. Fourie started the company in 2006 from his dorm room at the University of Stellenbosch, helping colleagues and friends repaid broken and faulty iPods and computers. Satisfied friends subsequently referred other Apple product owners in search of repairs and Fourieโ€™s business took off.

 

Sangu Delle,ย Ghanaian

Founder,ย Golden Palm Investments

Delle, 27 is a co-founder ofย Golden Palm Investments, a holding company that invests in early stage venture and growth financing across Africa with a strong bias for Real Estate, healthcare, agribusiness and technology. GPI has backed startups such as Solo Mobile in Nigeria, mPharma in Ghana and Zamsolar in Zambia. He is also the co-founder ofย cleanacwa, a non-profit working to provide access to clean water in Ghanaโ€™s underdeveloped regions. Sangu, who previously worked at Goldman Sachs, Morgan Stanley and Valiant Capital Partners, is currently an MBA candidate at Harvard.

Uche Pedro,ย Nigerian

Founder,ย BellaNaija

The 29 year-old Nigerian media entrepreneur is the founder of ย BellaNaija, a thriving new media company that develops online media content for African (primarily Nigerian) audiences.ย BellaNaija.comย isย Nigeriaโ€™s premier lifestyle, entertainment and fashion website, and garners an average of 10 million page views every month.

Tebogo Ditshego,ย South African

Founder,ย Ditshego Media

The 29 year-old South African public relations maverick is the founder ofย Ditshego Media, a leading PR firm specializing in Media Relations, Investor Relations, Reputation Management and Corporate Communications. Ditshego is also the Chairman of the South African Reading Foundation.

Bankole Cardoso,ย Nigerian

CEO,ย EasyTaxi Nigeria

Cardoso, 25, is the founder of the Nigerian operations of EasyTaxi, a taxi mobile App that was founded in Brazil in 2012 by German technology startup incubator, Rocket Internet GmBH. EasyTaxi serves to connect cab drivers and would-be passengers. Through the App, passengers can confirm their pickup point and then order a cab at the click of a button. EasyTaxi sends the passenger a confirmation of the name and phone number of your driver and gives passengers the option of tracking their driver and the vehicle in real-time. Before setting up EasyTaxi in Nigeria, Cardoso worked for PricewaterhouseCoopers and the Carlyle Group in New York.

Isaac Oboth,ย Ugandan

Founder,ย Media256

Isaac Oboth, 24, is the founder and CEO of Media 256 LTD, a film and television production company in East Africa. Media 256 was founded in 2011 and has a client list that includes Coca Cola, UNDP, USAID, the Ethiopian Commodities Exchange, Marie Stopes International, the African Leadership Network, and the African Leadership Academy. The company says it is profitable and employs 7 full-time videographers and editors. Isaac is also an Anzisha Prize Fellow, a pan-African award that celebrates innovative young African entrepreneurs.

Barclay Paul,ย Kenyan

Founder/CEOย Impact Africa Industries

The 22 year-old Kenyan is the founder of Impact Africa Industries, a company that produces low cost sanitary pads for poor women in informal settlements Kenya three years ago and he now sells the pads to as far as Uganda and South Sudan. The company is located in Kitale, a small town in Western Kenya and has 23 employees, 15 of whom are women who help in production and distribution of the sanitary pads. Paul was an Anzisha Prize Fellow in 2013.

Seth Akumani,ย Ghanaian

Jonathan Liebmann,ย South African

Real Estate developer, CEO ofย Propertuity

The 29 year-old South African visionary is theย Managingย Director ofย Propertuity, a South African Real Estate development company and the brains behind the construction of theย Maboneng Precinct, a thriving cultural district in the east side of Johannesburgโ€™s CBD. Once a neglected and deteriorating neighborhood housing abandoned industrial complexes, Liebmann transformed Maboneng into a vibrant urban mixed-use community complete with Art galleries, artist studios, retail spaces, offices and artist studios.

Tunde Kehinde,ย Nigerian

Co-founder,ย Jumia Nigeria

The 30 year-old Harvard MBA grad recently stepped down as co-founder of Jumia Nigeria, the countryโ€™s largest online retailer. Kehinde founded Kasuwa, a Nigerian online retailer in 2012. Within days of its founding, Kasuwa received seed funding from German online startup incubator and the companyโ€™s name was changed to Jumia. Kehinde resigned in January to start a logistics company.

Adii Pienaar,ย South African

Founder,ย Woothemes

Adii Pienaar, 28, is the founder ofย Woothemes, a company that designs and develops customizable commercial themes and plugins for WordPress. Adii built the business with a bootstrap budget, and the company today generates over $3 million in annual revenues from the sale of its themes. Woothemes also develops and sells themes for other content management systems, including Tumblr. Pienaar also runsย PublicBeta, a service that allows successful entrepreneurs to transfer knowledge to new startups.

Zaheer Cassim,ย South African

Founder,ย One Way Up Productions

29 year-old South African media entrepreneur Zaheer Cassim graduated from Columbiaโ€™s Journalism school and returned home to South Africa to foundOne Way Up Productions, a television production outfit with a client list that includes Ogilvy South Africa, Hollard Insurance, the African Leadership Academy and Hackett.

Mike Muthiga,ย Kenyan

Founder,ย Fatboy Animation

Danson Muchemi,ย Kenyan

Founder,ย WebTribe

Muchemi, 29, is the founder ofย WebTribe Kenya, a leading IT company in Kenya with operations in online payment systems, web applications and network security. Webtribeโ€™s flagship company,Jambopayย provides e-payments services for e-commerce players as well as e-ticketing services and electronic cash disbursement services. Jambopay is a recipient of the Google Innovation Awards in Financial Services for 2013.

Kunmi Otitoju,ย Nigerian

Founder,ย Minku Designย ย 

Kunmi, a 30 year-old Nigerian fashion entrepreneur is the founder ofย Minku Design, a company that makes leather bags for men and women by subtly blendingย Aso-okeย fabric (a hand loomed cloth woven by Nigeriaโ€™s Yoruba people), into contemporary leather bag designs. Minku also makes Yoruba-themed leather purses and jewelry. All Minku Designโ€™s products are hand-made at a workshop in Barcelona, Spain, but they are sold at high-end stores in Nigeria and on the companyโ€™swebsite.

Mazen Helmy,ย Egyptian

Founder,ย The District

27 year-old Mazen Helmy is the founder ofย The District, one of the first co-working spaces in Egypt and one of the few in the region. ย The District provides an inspiring workspace (sitting on a total area of almost 1000 square meters) for entrepreneurs and freelancers. Helmy founded the company in 2011.

Khaled Shady,ย Egyptian

Founder,ย Mubser

The 22 year-old Egyptian entrepreneur is the founder ofย Mubser, a new assistive tool for blind people. Mubser, which will be launched officially in March 2014, is a wearable belt with a Bluetooth-connected headset that leverages RGB imaging and infrared dept data captured by a 3D depth camera that allows blind and visually impaired people to navigate around in a safe and easy way. The device recognizes object and obstacles such as staircases and chairs.

Joel Mwale,ย Kenyan

Founder,ย Skydrop Enterprises

Mwale who is now 21 years old foundedย SkyDrop Enterprises, a rainwater filtration and bottling company which produces low-cost purified drinking water, milk and other dairy products in Kenya. In 2012, Mwaleย sold a 60% stakeย in Skydrop to an Israeli firm for $500,000. Next stop: Education. Last year Mwale founded Gigavia, an educational social networking website.

Lorna Rutto,ย Kenyan

Founder,ย Ecopost Kenya

In 2010, Lorna Rutto, 28, founded Ecopost, a Kenyan company that collects consumer plastic waste such as polypropylene and polyethylene and converts them into durable, easy to use and environmentally friendly plastic lumber, an eco-friendly alternative to timber which is used to manufacture fencing posts.

Ashley Uys,ย South African

Founder,ย Medical Diagnostech

Ashley Uys, 30, foundedย Medical Diagnostechย which develops and markets affordable and reliable medical test kits for malaria, pregnancy, syphilis, malaria, HIV/ Aids for South Africaโ€™s rural poor. Uys is a recipient of the South African Breweries $100,000 Annual Social Innovation Awards.

Kimiti Wanjaria,ย Kenyan

Founders,ย Serene Valley Properties

Kimiti Wanjaria, 30, is a co-founder ofย Serene Valley Propertiesย (SVP), a Real Estate development company in Nairobi that constructs and sells residential properties to Kenyaโ€™s ever-growing middle class. SVP is behind the development ofย Sigona Valley project, a $4 million gated residential community outside Nairobi.

Arthur Zang,ย Cameroonian

Founder, Cardiopad

Zang,ย  a 26 year-old Cameroonian Engineer is the inventor of theย Cardiopad,ย a touch screen medical tablet that enables heart examinations such as the electrocardiogram (ECG) to be performed at remote, rural locations while the results of the test are transferred wirelessly to specialists who can interpret them. The device spares African patients living in remote areas the trouble of having to travel to urban centers to seek medical examinations. Zang is the founder of Himore Medical Equipments, the company that owns the rights to the Cardiopad.

 

by Mfonobong Nsehe

-mahaslazmagazine.com

Most Promising Young Entrepreneurs In Africa 2014- Forbes

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