What is tomorrow’s Africa? This is the question that the Choiseul Institute is trying to answer. The think tank has just for the seventh year in a row published its ranking of the continent’s 100 young economic leaders, called “Choiseul 100 Africa”. A ranking that makes room for those young leaders, business leaders or creators under the age of 40 who are inventing African capitalism.
Ingrid Etoke is Cameroonian, she is in 34th place in the 2020 edition of the ranking of 100 young African economic leaders: “I have been in the Choiseul rankings since 2015. At that time I am 34 years old and I is the general manager of a very large multinational on the continent. And in fact, I have a lot of influence and a team of 200 people. ”
To be elected, you must be under 40, have an economic or social influence, occupy what is called a leadership position. But not only that: the Choiseul Institute also measures career paths.
Ingrid Etoke, who worked for fifteen years in the pharmaceutical industry in Africa, is now in charge of a non-profit organization involved in public health. From private interest, it has shifted to collective interest: “I work a lot on industrialization. One of the great challenges in tomorrow’s Africa is industrialization. We need to understand how to create sustainable industrial models, especially in the healthcare sector, which is a very complicated field. ”
It is in fact a fluoroscopy that the idea laboratory has performed for the last seven years, which makes it possible to highlight underlying trends. Ali Amahdar is the International Director of the Choiseul Institute: “The first trend will be the representation of women, who account for 40% of the winners this year. There is a rising trend this year. The second trend will be the representativeness of the territories. By 2020, we have 31 countries represented in the top 100. And finally, the last trend will be the increase in the number of industries represented in the ranking. We go from fourteen to sixteen. Which says a lot about the dynamics in contains. ”
And it is precisely the analysis of fields of activity that makes it possible to understand that the African private sector is increasingly similar to what is being done elsewhere. Ali Amahdar: “As you know, we see in the world a growing economization of the economy, and Africa is no exception to this dynamic. Many projects have been launched in terms of regulating and improving the business climate, enabling Africa to unleash its potential. And our winners are going to sanction this underlying trend. Afterwards, we will have other sectors also very much represented. Food industry, industry. And finally, representatives of institutions that are actively involved in government and investment bodies on the continent, which are absolutely fundamental to the stability and financing of African growth. ”
That Choiseul 100 Afrika is not only a ranking, it is also a network of young leaders who meet every year and produce their vision of the development of African capitalism.