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Forbes: Discover the 30 Most Promising Young African Entrepreneurs

The prestigious Forbes magazine has, very recently, formalized its annual ranking of the 30 most promising young entrepreneurs in Africa. For this 7 th edition, Anglophone Africa has further cut the spotlight. Only two French speakers appear on the list of 30 classified! The previous ranking had placed at least five French speakers.

Another lesson is that these young entrepreneurs operate in a variety of environments ranging from real estate to financial services through the media, green technology, agriculture and fashion.

For Forbes, these 30 represent the entrepreneurial, innovative and intellectual elite of their generation. Some names are regulars of the classification. However, the majority of them are new.

According to the explanations of the American magazine, these 30 entrepreneurs were chosen from more than 650 applications sent by e-mail. A team then undertook “extensive research” on the candidates. A jury of expert judges finally validated and approved the work, to ensure that the winners deserve their place.

Here’s an overview of 28 (out of 30) most promising (unordered) young African entrepreneurs, who are transforming Africa today, according to Forbes Magazine.

  1. Temitope Ogunsemo, Nigeria

Founder of Krystal Digital

Born in Nigeria 33 years ago, TemitopeOgunsemo is the founder of Krystal Digital, a rapidly expanding technology education company, specializing in the creation, development and deployment of custom-built software applications. service for educational institutions in Nigeria. The company, founded in 2010 in Lagos, now has more than 150 employees and an annual turnover of over $ 3 million (2.4 million euros).

  1. Nthabiseng Mosia, South Africa

Founder of Easy Solar

At age 28, NthabisengMosia is the co-founder and chief financial officer (as well as marketing director) of Easy Solar. This commercial enterprise has a social mission: it seeks to make clean energy cheaper for West African communities that do not benefit from the national grid. Launched in 2016, Easy Solar raised today more than 2 million dollars (1.6 million euros) from investors.

  1. Oluwatobi Ajayi, Nigeria

Co-founder of Jetvan

OluwatobiAjayi, 30, is the co-founder and CEO of Jetvan Automobiles Limited, Nigeria’s largest Mercedes-Benz Sprinter salesman. He began his career at Mercedes-Benz Nigeria, where he became director of department (industrial vans) at age 24. In 2015, he brought together a group of investors and founded Jetvan, which sells more than 500 vehicles a year.

  1. Paul Kihiko, Kenya

Founder of Wing It Nairobi

Thirty-year-old Paul Kihiko is the founder of Wing It Nairobi, the first and only fast-food restaurant serving only chicken wings. Their first restaurant at the Galleria Mall in Kenya was a huge success, with a 6-digit annual turnover.

  1. Abubakar Sadiq Mohammed Falalu, Nigeria

Founder of Falgates

AbubakarSadiq Mohammed Falalu, 27, is the founder of Falgates, a company that grows and processes rice. It has a rice mill with a capacity of 15 tonnes per day, and a rice crop that employs more than 180 people in the state of Kaduna in northern Nigeria. In 2017, its turnover reached $ 400,000 (€ 325,000).

  1. Etop Ikpe, Nigeria

Founder of Cars45

Cars45, founded by EtopItke, is Nigeria’s largest auto selling and auctioning company. Last May, she raised more than $ 5 million (4 million euros) for Frontier Cars Group Series A. EtopIkpe is an experienced entrepreneur who has worked in the fields of transportation, automotive, mobile communication technology and marketing.

  1. Obinna Okwodu, Nigeria

Founder of Fiber

ObinnaOkwodu, 27, is a graduate of MIT and a former analyst with Morgan Stanley Investment Bank. He is also the founder of Fiber, a property rental startup in Lagos that allows middle-class tenants to pay rent on a monthly basis. Renting residential properties in Lagos, Nigeria, might not be obvious. Not only are homes overvalued, but homeowners generally ask potential renters to pay the first two years of rent in advance. Fiber is growing rapidly and is gaining popularity among many middle class households in Lagos.

  1. Gossy Ukanwoke, Nigeria

Founder of Edutech and BAU Executive Education

Entrepreneur in Education, GossyUkanwoke, 30, is the founder of BAU Executive Education, which offers executive education programs to professionals, executives and students looking to develop their business or managerial skills, both online and face-to-face Its holding company, BAU R & D, has just completed investments in two traditional universities in Nigeria. He is also the president of EduTech Nigeria, a technology company that works with universities to automate online student pathways, diploma enrollment, helping traditional African universities to pass their on-line degrees online with the implementation of the best technologies, process management, recruitment, admissions and advice.

  1. Rahma Bajun, Tanzania

Founder of MnMCLothing Line

The 29-year-old RahmaBajun is the founder and artistic director of MnMClothing Line, a popular clothing brand in Central Africa in Tanzania that offers affordable men’s and women’s clothing, wallets and other accessories designed in the fabric. popular Kitenge from East Africa. The company has 7 full-time employees and sells its products throughout East Africa.

  1. Idris Sultan, Tanzania

Founder of Sultan By Foremen

Idris Sultan, a 25-year-old Tanzanian, won the Big Brother Africa reality show in 2014 and won $ 300,000 (€ 244,000). He made good use of this money. In 2017, he founded Sultan By Foremen, a footwear brand that has become very popular among urban Tanzanian youth. The young company had a turnover of more than £ 200,000 in 2017.

  1. Anerlisa Muigai, Kenya

Founder of Nero

AnerlisaMuigai, daughter of the well-known Kenyan industrial tobacco company Tabitha Karanja, sets off on her own path. At 30, she is the founder of Nero, a beverage company that produces and sells the successful ExecutiveStill Water brand across the country.

  1. Fahad Awadh, Tanzania

Founder of XYTZ Agro-Processing

FahadAwadh, 30, is the founder of XYTZ Agro-Processing, a cashew processing company, which brings value locally while creating jobs and increasing farmers’ and community incomes. his outfit. The company’s flagship processing site is Zanzibar with a capacity of 2,500 tons per year. Last year, XYTZ Agro-Processing raised $ 500,000 (€ 407,000) in investments from the African Business Fund to build a new treatment site in Mwtara, in the south-east of the country.

  1. Jean Bosco Nzeyimana, Rwanda

Founder of Habona Ltd

The young Rwandan is also CEO of Habona Limited, a company that provides integrated waste treatment services and transforms them into affordable green fuels, such as biogas or biomass briquettes. Habona Ltd is also diversifying into the installation and maintenance of green power plant sites, ranging from solar to wind, biomass and hydro, to ecological farming. .

  1. Patricia Majule, Tanzania

Founder of UniqueFavors

Patricia Majule is the director and founder of UniqueFavors TZ, a company that develops and locally manufactures custom party supplies, gifts and boxes for informal and corporate parties throughout Tanzania. She founded her company in 2014, when she noticed that many Tanzanians imported their supplies from abroad. She has grown her company gradually and now employs ten people.

  1. Ricky Rapa Thomson, Uganda

Founder of SafeBoda

Ricky Rapa is a 29-year-old Ugandan entrepreneur, co-founder of SafeBoda, the Ugandan “Uber” motorcycle taxis. It has been one of the pillars of SafeBoda’s growth, which today brings together a community of more than 1,000 drivers who have embraced the technology that came with the SafeBoda app.

  1. Doreen Estazia Noni, Tanzania

Founder of 102.5 Lake FM

Doreen EstaziaNoni is the founder of EskadoBird, a Tanzanian clothing and fashion brand, which produces accessories inspired by the East African Kitenge fabric. She is also the owner of 102.5 FM, a commercial community radio station in Mwanza, Tanzania.

  1. Ronke Bamisedun, Nigeria

Founder of BWL Agency

At 30, Ronke Bamisedun is the founder of BWL Agency, a leading public relations agency based in Lagos, Nigeria. BWL Agency has advised multinationals such as Pandora, MoetHenessy, Pernod Ricard and Universal Music Group, as well as numerous non-governmental organizations. It is also the only subsidiary of Grayling in Nigeria.

  1. Mostafa Kandil, Mahmoud Nouh, Ahmed Sabbah, Egypt

Co-founder of Swvl

These Egyptians, all under 27, founded Swvl, a quality public transport system, which provides bus service throughout the suburbs of Cairo. It allows users to share a trip in a van or bus during morning or afternoon rush hours for a fixed price, without price changes. With a mobile app, you can book a ride for an affordable amount. Last year, the Dubai-based Careem travel booking application invested $ 500,000 (€ 407,000) in Swvl to own a minority stake. Swvl, launched in March 2017, already has a team of more than 30 people and 100,000 trips a month in Cairo and Alexandria.

  1. Rodrique Msechu, Tanzania

Founder of AnzaStrategy

After working at the Business France office in Nairobi, RodriqueMsechu returned to Tanzania in 2016 to found AnzaStrategy, with a clear mission and vision: to encourage economic progress by fostering the participation and empowerment of Africans bringing change . The company provides business advice and has collaborated with more than thirty companies from four continents for market research and entry strategies in Tanzania.

  1. JuneSyowia, Kenya

Founder of Beiless Group

At just 22 years old, JuneSyowia runs Beiless Group, an “experiential and digital” marketing agency that is growing rapidly and has been supporting marketing campaigns for more than 50 popular Kenyan brands over the last two months. The young entrepreneur received the 2017 Kenya Entrepreneur Award.

  1. Ibrahima Ben Aziz Konate, Ivory Coast

Founder of Golden Poultry

At 23, the Ivorian is the founder of Poultry d’Or, a company that produces and distributes fresh poultry and other agricultural products. The animals are slaughtered, cleaned, prepared and delivered in the same day. The company specializes in the production and distribution of agricultural food products and hopes to sell chickens at competitive prices directly to consumers. The young founder has already won the prestigious 2017 Anzisha Award.

  1. Nasir Yammama, Nigeria

Founder of Verdrant

Nasir Yammama Verdant is an agro-technology value chain enterprise that aims to support farmers to improve their production through mobile phones. The company offers mobile extensions, market information, support for management, and access to financial services for small farmers.

  1. Simbarashe Mhuriro, Zimbabwe

Founder and Director of OxygenEnergyPrivate Limited

At 32, Simbarashe is the founder and director of OxygenEnergyPrivate Limited, an independent energy producer that develops renewable energy and specializes in industrial-scale power plants and rooftop projects. In 2017, the African Renewable Energy Fund, managed by the African Development Bank (AfDB), approved a grant of $ 965,000 (€ 780,000) for OxygenEnergyPrivate Limited to support the preparation of a solvent project for the region. installation of solar panels producing 20 MW, on the roofs of buildings of the Old MutualProperty Group, Zimbabwe’s largest real estate investment management group. Once the project is complete, it will provide competitive and reliable food for hundreds of small and medium-sized businesses across the country.

  1. Abdellah Mallek, Algeria

Founder of Sylabs

This 28-year-old Algerian entrepreneur founded one of Algeria’s first start-up incubators, called Sylabs. It is a space for co-working, creation, and a talent incubator located in the city center of Algiers, which combines art, technology and entrepreneurship specific to start-ups to encourage creativity and creativity. Talent development

  1. Gloria Michelle OtienoMuka, Kenya

Founder of R4Kenya

In 2013, Gloria Michelle OtienoMuka, 31, founded Recours Four Kenya Consultants Limited (R4Kenya), a fast-growing human resources professional services company located in Nairobi, Kenya. She started her business with $ 2,000 from her savings and in four years she has grown to a $ 400,000 annual business with over 15 employees. Recourse Four Kenya offers professional HR services in consultancy, recruitment, training, psychometric testing and outsourcing of staff.

26.Brigitha Faustin, Tanzania

Founder OBRI Company

Brigitha, 31, is the founder and director of OBRI Company, an agro-industrial company whose main activities include the production and bottling of OBRI brand edible oils. This company has the status of cooperative social enterprise. In this form, OBRI has empowered more than 230 local Tanzanian farmers, organized into cooperatives, by opening up sustainable markets for their products. OBRI’s cooking oils are sold at retail throughout the country.

  1. Harold Okwa, Nigeria

Founder of Vestates

Okwa is a 30-year-old Nigerian entrepreneur and founder of Vestates, a luxury real estate agency based in Abuja. He also founded Jetseta, a company that offers simplified and affordable access to air and helicopter shuttle services, using a mobile app that connects travelers directly to airlines at attractive rates worldwide, live.

  1. Rajiv Mehta, Kenya

Founder of Tangerine Investments

32 years old; is the founder of Tangerine Investments, an advertising company that uses public transport vehicles, garbage cans and street lamps to highlight the products of its customers throughout Kenya. Founded in 2008, the company has worked for Kenya Airways, Pizza Inn, Subway and Coca-Cola HP. It recorded in 2017 a turnover of more than one million dollars.


Written by How Africa

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