The African CEO Magazine will publish the Top 100 CEOs in Africa (Africa’s Top 100 CEOs)
annual list in December 2024.
It is an initiative to profile the Best-Performing CEOs on the
continent in the past year. The list is calculated by measuring financial returns during each
CEO’s entire tenure and factoring in two assessments of each company’s environmental,
social, and governance practices. The Africa’s Top 100 CEOs initiative will help drive
discussion of how society should measure a business leader’s performance. The goal of the
listing is to help promote discussions in the business environment focusing on leadership,
growth/return-on-investment, ESG and sustainability across Africa.
According to Jim Collins, the author of the management best seller "Good to Great," who
introduced the flywheel as a metaphor for the enduring power of strong business
leadership, “a company achieves excellence by relentlessly pushing a giant heavy flywheel in
one direction, turn upon turn, building momentum until a point of breakthrough."
The power of momentum is evident in the upcoming African CEO Magazine’s 2024 ranking
of Africa's best-performing CEOs–the 100 leaders who have delivered top results on both
financial and ESG (environment, social and governance) measures over their entire tenures,
which average 10 years.
According to Peter SaSellu, the publisher and editor-in-chief of the magazine, “the editorial
team takes into consideration and gives priority to CEOs whose companies are listed on a
stock exchange because their companies are regulated. In addition, we consider the fact
that they are expected to follow strict rules and in some instances, are expected to meet
certain reporting international standards, such as good corporate governance, sustainability
reporting, accounting, taxation and financial reporting, etc. to meet stakeholder and
shareholder expectations.”
“The annual ranking of the top CEOs in Africa will be a definitive list of Who’s Who in
corporate Africa. Corporate leaders are addressing the risks while finding the opportunities
in digital disruption, the economy, and geopolitical uncertainties,” says Evelyn George
associate editor of the magazine.
