aftons blog

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Wednesday, July 17, 2013

Career: Forbes Ten Young African Millionaires To Watch In 2013

Posted on 2:16 PM by tripalh

Mohammed Dewji, Tanzania

Source: Manufacturing 

Dewji, 38, a Tanzanian businessman and politician, is the CEO and leading shareholder ofMohammed Enterprise Limited (METL), one of the largest industrial conglomerates in East Africa.  His father, Gulam Dewji, founded the conglomerate decades ago as a trading company but ‘Mo’ as he is popularly called, now calls the shots.  He was solely responsible for engineering the group’s transformation from a trading house to a manufacturing powerhouse.  

METL, which records an annual turnover of close to $2 billion, owns 21st Century Textiles, one of the largest textile mills in sub-Saharan Africa by volume. The group also manufactures soap, beverages, edible oils and other food products as well as bicycles and motorcycles. Other assets include an insurance firm, a petroleum marketing outfit and a container depot in Tanzania’s capital city of Dar Es Salaam.  The group employs over 24,000 full-time employees. Mo  Dewji is a World Economic Forum Young Global Leader and a Member of Parliament for Tanzania’s Singida Urban constituency. (I met with Dewji in Tanzania recently and will be writing a detailed piece on Dewji’s business holdings).

Igho Sanomi, Nigeria

Source: Oil Trading

In 2004, Igho Sanomi founded the Taleveras Group, a Nigerian energy trading company. Taleveras trades over 100 million barrels of crude oil as well as several million tons of gasoline, LPG and jet fuel. In April 2012, Taleveras acquired production sharing contracts (PSCs) for three offshore oil blocks in Ivory Coast. In June 2013, Taleveras sold a 65% stake in one of its Ivorian offshore upstream projects to Lukoil of Russia for an undisclosed price. 


Taleveras also owns a stake in a power distribution firm in Nigeria. Sanomi is believed to be a close associate of Nigeria’s Petroleum Minister, Diezani Allison-Madueke.  Sanomi is 38 years old.




Quinton van der Burgh, South Africa

Source: Mining

The 36 year-old South African coal magnate is the founder and chairman ofQuinton van der Burgh Investments, a diversified holding company that is the controlling shareholder in Eyethu Coal, a company that mines coal in South Africa’s Mpumalanga region. Eyethu owns two operational mines and is a major supplier of coal to Eskom, South Africa’s dominant power provider. 

Van der Burgh’s portfolio also includes Iyanga Coal- a company that owns a mine with proven reserves of 18 million tons of coal and Burgh Plant Hire- a company that leases earth-moving equipment to clients like BHP Billiton, Xstrata and Anglo-American. Van der Burgh is also a TV personality. He stars in Clifton Shores, an American/South African reality show filmed in Cape Town.

Gerald Wamalwa, Kenya

Source: Engineering & Construction

In 2003, at age 28, Gerald Wamalwa quit his job as a field civil engineer and went on to start Mellech, an engineering outfit. Today, Mellech Engineering & Construction is now one of East Africa’s leading construction and infrastructure engineering company. 

The company offers services in the construction of building projects, roads, and water & sewer projects and related civil engineering infrastructure projects in Kenya, Southern Sudan and Uganda and grosses over $11 million a year revenues. Wamalwa also owns ACP Telecoms, a company that provides turnkey telecommunication network infrastructure solutions.

Sibongile Sambo, South Africa

Source: Private Aviation

Sibongile Sambo, 39, is the founder of SRS Aviation, a successful South African private aviation company. SRS started off in 2004 by brokering contracts between aviation services and those with air-transport needs. Later in the year, when the South African government invited aviation service companies to bid on a lucrative contract for cargo transport, SRS won the bid. 

Over time, SRS morphed from its cargo business into an integrated provider of private aviation services. SRS now offers clients from Southern Africa professional and personal flight options to international destinations including VIP Charter, tourist charter and helicopter services. The company also provides maintenance, sales and fleet management services to private jet owners. SRS refused to disclose revenues, but a source in the company says annual revenues are several million dollars.

Khanyi Dhlomo, South Africa

Source: Publishing

The Harvard MBA grad and South African media mogul began her career as a news presenter at SABC, the television station owned by the South African government, at age 20 while she was still a journalism student at the University of Witwatersrand. She went on to become the editor of True Love, a popular South African women’s magazine at age 22. 

In 2007, she founded Ndalo Media, a 50-50 joint venture with Media 24, the publishing arm of Naspers, Africa’s largest media company. Ndalo Media publishes Destiny and Destiny Man, two of South Africa’s most popular lifestyle magazines. Ndalo also publishes Sawubona, the in-flight publication for South African Airways, which is distributed on all local and international SAA flights. She also owns Luminance, a startup high-end fashion and lifestyle store in South Africa.

Patrick Ngowi, Tanzania

Source: Alternative Energy

Ngowi, a 28 year-old Tanzanian, is the founder of Helvetic Solar, East Africa’s leading renewable energy company. Companies in the group are involved in the handling, supply, installation and maintenance of hydro turbines, solar power and thermal systems in East Africa. 

According to Ngowi, Helvetic’s revenues are expected to hit $7 million before the end of this year and the company is extremely profitable.  The company’s major clients include the United Nations, World Vision and the Tanzanian Army. An emerging philanthropist, he offers basic lighting facilities to Tanzania’s rural poor through his Light For Life foundation.

Ken Njoroge, Kenya

Source: Mobile technology

Njoroge, 37, is the founder of Cellulant, a leading Pan-African mobile commerce company that manages, delivers and bills for content and commerce services over mobile networks. Cellulant provides mobile banking, mobile payments, music, information services and other mobile related services.  

Njoroge founded the company in 2004 along with a Nigerian partner, Goke Akinboro. It now has a presence in 8 African countries and boasts a clientele of African blue-chips like Barclays Bank, Standard Chartered, MTN and other companies. Cellulant’s revenues for 2012 exceeded $120 million.

Colin Thornton, South Africa

Source: Computer Services

In 1998, when he was 20, South African computer whiz Colin Thornton dropped out of the University of Witwatersrand where he was pursuing a BSc in Computer science. He raised $1,000 (R5, 000) from friends and family to print out flyers and other marketing material promoting his startup company which would fix computers. 

Today, that company is Dial-A-Nerd, a company that provides computer support services dedicated tohomes and businesses. Dial a Nerd’s team of mobile technicians are able to repair, build, upgrade or even replace PCs at your premises. The company has annual revenues of close to $10 million, 14 branches and 150 staff.

Alan Knott-Craig Jr., South Africa

Source: Technology, Investments

The 36 year-old South African entrepreneur is the founder of World Of Avatar (WOA), the private investment holding company that acquired MXit from Namibian founder Herman Heunis and Naspers for $50 million in August 2011. Mxit is a mobile instant messaging services which offers social networking, mobile voice clips, music & entertainment, banking access and other community-based applications. 

It currently has over 20 million users. Alan also has stakes in popular South African online publication Daily Maverick; advertising network Shinka, which sells ad space on MXit; and market research company Pondering Panda. Alan is a 2009 World Economic Forum Young Global Leader.



Source: CP-Africa
Email ThisBlogThis!Share to XShare to Facebook
Posted in | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Mid-Week Message: Queen Vashti Deposed And Esther Made Queen
    The story of Esther is just amazing and that is why I choose to share it as this weeks mid-week message. I started reading Esther today and ...
  • Career: Forbes Ten Young African Millionaires To Watch In 2013
    Mohammed Dewji, Tanzania Source: Manufacturing  Dewji, 38, a Tanzanian businessman and politician, is the CEO and leading shareholder ofMoha...
  • Attackers Defeated In Mall Siege, Kenya's President Says
    After four days of bloody mayhem, Kenyan security forces have "ashamed and defeated" the terrorist gunmen who had besieged Nairobi...
  • Pastor Biodun Fatoyinbo Addresses Allegation Of Affair With Ese Walter To His Congregation
    Pastor Biodun Fatoyinbo spoke out today during the Sunday service about the allegations against him by lawyer Ese Walters. The Pastor refrai...
  • Relationships: Dear Sir, What Should I Do To Marry A Rich Guy?... J.P. Morgan CEO Responds To A Pretty Woman
    Whilst I highly doubt the authenticity of this 'letter' it is most definitely worth reading. A young and pretty lady posted this on ...
  • Short Stories: A Story Of Love
    Once upon a time all feelings and emotions went to a coastal island for a vacation. According to their nature, each was having a good time. ...
  • Picture Of The Day
  • Have A Blessed New Week!
  • Man Who Plotted To Kill A Local Pastor, Finds Jesus Instead
    Deeply committed to his religion, Jayesh went to the local temple every morning to worship his gods and godesses. One day, he met Gospel for...
  • Daily Inspiration: "God Is More Than Good" Pro-Surfer Bethany Hamilton Shares Her Joy of Marrying Her Dream Man
    You may be wondering why this post is here, but I really want you guys to read this story, especially any of you single reader's growing...

Blog Archive

  • ▼  2013 (500)
    • ►  October (118)
    • ►  September (113)
    • ►  August (139)
    • ▼  July (107)
      • Style Focus: Grace Alex
      • Picture Of The Day
      • Relationships: Dear Sir, What Should I Do To Marry...
      • Daily Inspiration- Biggest Pride
      • Actress Gabrielle Union Shows Of Youthful Looks
      • Mid-Week Message: Shake It Off
      • Picture Of The Day
      • African Sweetheart Weddings Is Officially On Insta...
      • Ha!- The Lagos Big Girl's Game
      • Career: Pursuing YOUR Passion
      • Picture Of The Day
      • Advertise On African Sweetheart
      • Actress Dakore Egbuson-Akande Talks Married Life, ...
      • It's A Boy! Actress Mary Remmy Njoku Gives Birth I...
      • Picture Of The Day
      • Desmond Tutu: "I Would Refuse To Go To A Homophobi...
      • Actress Chika Ike Officially Announces The End Of ...
      • Fashion We Like: Week Beginning 28th July
      • Relationships: Secrets Of Our 65-Year-Old Marriage
      • Vacation Chilling! Genevieve Nnaji Shares Stunning...
      • Happy Sunday!
      • Congratulations! Artist Dbanj's Younger Sister Tai...
      • Picture Of The Day
      • Movie Night: Heart Of A Wife Starring Mercy Johnso...
      • Stunning Couple! Questionmark Founder Kevin Luccia...
      • African Beauty: Yityish Aynaw- The First Black Mis...
      • Aww, Rapper Ice Prince Celebrates BET Award By Sha...
      • A Thought: Waiting For The One?
      • Nadia Buari And Jim Iyke Express Their Love Throug...
      • Picture Of The Day
      • Mid-Week Message: Queen Vashti Deposed And Esther ...
      • Style Focus: Lola Cole
      • Lol- ATM Things.. I Must Protect My Pin
      • Must Watch: Half Of A Yellow Sun Starring Chiwetel...
      • Sad! British Tourist 'Executed' Whilst Celebrating...
      • Picture Of The Day
      • Relationships: Dealing With Cheating Wives And Hus...
      • African Sweetheart's Man Of The Week: Ikenna Maduagwu
      • "God Is The Overall Judge; He Is The One I Look Up...
      • It's A BOY! Duchess Of Cambridge Gives Birth To A ...
      • Omotola Stunning Look At The MBGN Finale In Bayels...
      • Actress Stella Damasus Airs Her Opinion About The ...
      • Fashion We Like: Week Beginning 21st July
      • Short Stories: The Encounter
      • Happy New Week!
      • Congratulations!! The MBGN 2013 Is Miss Bayelsa, A...
      • Actress Genevieve Nnaji Shares Pictures Of Her Hol...
      • Picture Of The Day
      • Style: ANKARA Season Part 2
      • Funke Akindele Publicist Confirms The End Of Her O...
      • Cute Couple Alert! Dr Sid Steps Out With The Girl ...
      • Nollywood Twins Chidimma and Chidiebere Aneke Rele...
      • MBGN Contestants Arrive At Bayelsa State Ahead Of ...
      • Actress Mercy Johnson Spotted Spending Some Qualit...
      • The MBGN (Most Beautiful Girl In Nigeria) Contesta...
      • Married Life: Newly Wed Chioma Nnaji Dishes Mariti...
      • Happy 95th Birthday To Former South African Presid...
      • Lol: Social Media
      • Media Personalities Toolz And IK Osakioduwa Cover ...
      • Heart Rendering Facts
      • Relationships: Reversing Regrets (7 Steps To Movin...
      • Career: Forbes Ten Young African Millionaires To W...
      • Style Focus: Chiamaka Arodiogbu
      • Mid-Week Message: Sexy Vs. Beautiful
      • Picture Of The Day
      • Honeymoon Resort Of The Week: The African Regent H...
      • Actor Nonso Diobi Responds To Tonto Dikeh After He...
      • Nollywood Actress Rechael Okonkwo Shares Location ...
      • Picture Of The Day
      • Career: African Sweetheart Catches Up With Talente...
      • African Sweetheart's Man Of The Week: Dare Lawanson
      • Christie Brown's Unveils Autumn/Winter 2013 Colle...
      • Funke Akindele Husband, Kehinde Oloyede Hints At S...
      • This Week's Sermon: Seducing Spirits In Church
      • Fashion We Like: Week Beginning 14th July
      • Happy Monday!!
      • We'll Be Back Soon
      • Relationships: 9 Secrets From A 73-year Marriage
      • Fashion We Like: week Beginning 7th July
      • Picture Of The Day
      • Congratulations! Ezinne Akudo Emerges As Miss Nige...
      • Sunday Sermon: Help! My Husband Is So Unromantic!
      • It's Relationships Week On African Sweetheart!
      • Wishing You All An Awesome New Week!
      • Tiwa Savage Looks Flawless In New Pictures
      • Lol: For Sho'
      • How Adorable! Serena Williams Shares Flashback Pic...
      • Happy Friday!
      • Lol: Hmm..
      • Star Style: Dolapo Oni
      • Yvonne Nelson Sets The Record Straight During A He...
      • Congratulations! Kerry Washington Has Married San ...
      • Picture Of The Day
      • Nollywood Actress Turned Evangelist, Eucharia Anun...
      • O Baby! Pregnant Mary Remmy Njoku Spotted Out And ...
      • A Tribute To The Incredibly Talented Ewar Makeover...
      • The Nigerian Makeup Industry Has Lost A Gem Today,...
      • Nicole Scherzinger Steps Out For The first Time Fo...
      • Lol: Girl Giving Her Boyfriend Direction To Her House
      • EbonyLife TV: Mosunmola 'Mo' Abudu Launches Entert...
    • ►  June (23)
Powered by Blogger.

About Me

tripalh
View my complete profile