The 2025 Most Influential Africans: Nigeria’s Dominance in Business and Finance
The 2025 edition of the 100 most influential Africans list, published by New African magazine, brings to light the significant role that various countries play in shaping the continent’s economic landscape. This year’s publication revealed Nigeria as the predominant force in the business and finance sector, showcasing a new shift in influence and representation across Africa.
A Record-Breaking Year
The annual ranking recognizes a diverse range of individuals across several fields—including business, creativity, sports, and politics—who have made notable impacts over the last year. This year, Nigeria stands out with the highest representation in the rankings, boasting 21 names. South Africa follows with 10, while Kenya and Ghana each have seven entries. The business and finance category has emerged as the most populated this year, featuring 21 entries, surpassing the creative sector for the first time in years.
Business and Finance: Leading the Charge
The shift in representation speaks volumes about the evolving economic landscape within Africa. The business and finance sectors have gained prominence, exemplifying the gradual maturity of African leadership in shaping policy and business practices across the continent. Among the notable entries from Nigeria, distinguished names such as Aliko Dangote, Olayemi Cardoso, and Benedict Oramah are recognized for their influential roles in steering Africa’s economy.
Aliko Dangote: A Legacy of Industry
At the heart of Nigeria’s business representation is Aliko Dangote, Africa’s richest man and the architect behind the Dangote Petroleum Refinery. This monumental project, inaugurated in 2023 and built at a staggering cost of $19 billion, aims to end Nigeria’s dependency on fuel imports. Dangote’s vision extends beyond mere profit; it embodies a commitment to transforming the landscape of Nigeria’s energy sector.
Olayemi Cardoso: A New Era in Financial Leadership
Since assuming office as the Governor of the Central Bank of Nigeria, Olayemi Cardoso has focused on restoring the country’s investment credibility. His strategic monetary policies have led to a marked increase in Nigeria’s foreign reserves, reflecting a shift towards economic stability. Cardoso’s leadership underlines the vital role that effective financial governance plays in fostering investor confidence.
Benedict Oramah: Expanding Trade Horizons
In the realm of African trade, Benedict Oramah has made significant strides as the former president of Afreximbank. His tenure saw a transformation in the bank’s approach to trade finance, with a renewed focus on intra-African trade and robust support systems for burgeoning economies across the continent. Oramah’s legacy is one of resilience and visionary leadership, ensuring that Africa’s trade frameworks are adaptable and robust.
The Rise of Other Countries
While Nigeria leads the chart, countries like Ethiopia and Cameroon have made notable inroads this year. With three entries each, these countries signify a broader representation in business dynamics, highlighting an emerging wave of leadership focused on economic development.
Ethiopia’s Emerging Leaders
Ethiopia, which had no representation in the previous edition, has now entered the spotlight with names like Admassu Tadesse, the group president and MD of the Tarde and Development Bank (TDB). Tadesse brings a compelling voice to global development finance, advocating for Africa to harness its capital, rather than relying on foreign investments alone. This shift not only signals a move towards self-sufficiency but also an assertion of African agency in global finance.
Fresh Voices and New Challenges
The list also spotlights rising figures who are redefining existing norms within their industries.
For instance, Steven Bartlett, dubbed the “Podcast King,” has achieved remarkable success with The Diary of a CEO, positioning himself as a frontrunner in the burgeoning creator economy. He emphasizes the importance of learning from failures, a philosophy that drives many entrepreneurs today.
The Landscape Ahead: Key Challenges for Influential Leaders
Despite the positive representation, these leaders face monumental challenges, including navigating the geopolitical landscape and the complexities of economic reform. As leaders like NJ Ayuk champion the continent’s energy sovereignty and George Elombi takes the reins at Afreximbank, it’s clear that the path forward is intertwined with global economic currents that demand innovative solutions.
The 2025 edition of the 100 most influential Africans not only highlights the individuals making waves in their respective fields but also reflects the changing tides of African economic leadership. With an expansive representation and forward-thinking initiatives, the continent stands poised for transformative growth and influence on the global stage.