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Al-Ahram Weekly
4 days ago
- Business
- Al-Ahram Weekly
Egypt's Ahmed Kouchouk named Africa Best Finance Minister for 2025 - Economy
Egypt's Finance Minister Ahmed Kouchouk was named Africa's Best Finance Minister for 2025 at the Africa 2025 Summit held in London. The award, organized by African Leadership Magazine, recognizes African policymakers advancing financial stability and reform across the continent. Kouchouk was honoured for his role in reviving Egypt's economy, stabilizing macroeconomic indicators, and leading structural reforms that have helped restore investor confidence. African finance ministers, policymakers, and senior economic officials attended the award ceremony. In his acceptance speech, Kouchouk credited the Finance Ministry's team for the progress made. 'Our united efforts have paved the way for vital reforms that continue to energize Egypt's economy,' he said. He outlined Egypt's current economic strategy, which prioritizes private sector empowerment and export-led growth. He also stressed the importance of regional cooperation, noting, 'No African country can succeed in isolation. Together, we can build inclusive, competitive economies that serve all Africans.' Follow us on: Facebook Instagram Whatsapp Short link:


Egypt Today
04-06-2025
- Business
- Egypt Today
Finance Minister Ahmed Kouchouk recognized as Africa's Finance Minister of the Year by African Leadership Magazine
Cairo – June 4, 2025: Finance Minister Ahmed Kouchouk has been named Africa's Finance Minister of the Year by the African Leadership Magazine, as part of its 2025 African Business Leadership Awards (ABLA). The recognition highlights Kouchouk's 'visionary economic stewardship' and his role in implementing bold fiscal reforms that have driven financial stability and inclusive growth in Egypt. According to the magazine, Egypt achieved a record primary budget surplus of 3.1 percent of GDP between July and April 2025 under Kouchouk's leadership. The Minister also spearheaded comprehensive tax reforms and strengthened strategic cooperation with international financial institutions to reinforce the country's economic resilience. The announcement comes ahead of the official ABLA Presentation Ceremony, set to take place during the Africa Summit London 2025 on July 9–10. The annual ABLA awards are a flagship initiative by African Leadership Magazine to celebrate outstanding corporate governance, transformative leadership, and significant contributions to Africa's economic development.

Zawya
31-05-2025
- Business
- Zawya
Breaking News: African Leadership Magazine Announces Winners for the 2025 African Business Leadership Awards (ABLA)
The African Leadership Magazine (ALM) ( is pleased to announce the winners of the 2025 African Business Leadership Awards (ABLA), following the conclusion of a rigorous, four-tier, points-based selection process. In keeping with our established tradition, this year's evaluation combined 65% of the final score from the global online poll with 35% from verified documentation, including evidence of institutional growth, innovation, sustainability, and measurable impact. The African Business Leadership Awards (ABLA) is the continent's premier platform for recognising exceptional corporate practices, impact-driven leadership, and transformative contributions to Africa's evolving business and economic ecosystem. The ABLA selection process includes public nominations, editorial board screening, a global public vote, and a final evaluation based on verifiable metrics to ensure that each honoree reflects the highest standards of African excellence, innovation, and measurable impact. In line with African Leadership Magazine's unwavering commitment to amplifying Africa's underreported success stories, often overlooked by mainstream global media, the African Business Leadership Awards (ABLA) celebrate policymakers, industry leaders, and resilient brands that are setting standards in corporate governance, innovation, and sustainable development. Dr. Ken Giami, Founder&CEO of the African Leadership Organisation, said in an official statement: ' On behalf of the Board, we warmly congratulate the winners of ABLA 2025 for their unwavering commitment, groundbreaking achievements, and visionary leadership. Their exemplary contributions are not only transforming Africa's business landscape but also inspiring a new era of sustainable growth and opportunity across the continent. ' The winners and runners-up will be formally presented with award trophies and other honours during the African Business Leadership Awards (ABLA) Ceremony—the major highlight of The Africa Summit London 2025—scheduled for 9–10 July 2025 at The Landmark Hotel and the UK House of Lords. Additionally, all honourees will be featured in the highly anticipated ABLA 2025 Honourees Edition of African Leadership Magazine, a prized collector's item unveiled during the event and distributed globally. Below is the complete list of winners and runners-up in the various categories of the African Business Leadership Awards (ABLA) 2025: African Business Leader of the Year Ntombi Felicia Msiza, CEO, Raubex Group Ltd, South Africa – Winner Mohamed Ould Bouamatou, Founder&Chairman, Bouamatou Société Anomyme (BSA), Mauritania – Co-Winner African Female Business Leader of the Year Esther Muchemi, CEO, Samchi Group, Kenya – Winner Jesca Mhoja Nkwabi, CEO, KOM Group, Tanzania – Co-Winner African Regulator of the Year Brima M. Baluwa Koroma, Director General, National Petroleum Regulatory Authority, Sierra Leone – Winner Leonilde dos Santos, President, Multisectoral Economic Regulatory Authority (ARME), Cape Verde – Co-Winner Business-Friendly Governor of the Year Peter Ndubuisi Mbah, Governor, Enugu State, Nigeria – Winner Oscar Mabuyane, Premier, Eastern Cape, South Africa – Co-Winner Africa CSR&Community Development Impact Award Standard Chartered Bank, South Africa – Winner Ashanti Goldfields Corporation, Ghana – Co-Winner African Finance Minister of the Year Ahmed Kouchouk, Minister of Finance, Egypt – Winner Bihi Iman Egeh, Minister of Finance, Somalia – Winner Marial Dongrin Ater, Minister of Finance and Economic Planning, South Sudan – Co-Winner Trade&Investment Promotion Agency of the Year Agency for Private Investment and Export Promotion (AIPEX), Angola – Winner Moroccan Agency for Investment and Export Development (AMDIE), Morocco – Co-Winner Central Bank Governor of the Year Mohamed Lemine Dhehby, Governor, Central Bank of Mauritania – Winner Johnson Asiama, Governor, Bank of Ghana – Co-Winner Rama Krishna Sithanen, Governor, Bank of Mauritius – Co-Winner Trade&Investment Minister of the Year Jumoke Oduwole, Minister of Industry, Trade and Investment, Nigeria – Winner Chipoka Mulenga, Minister of Commerce, Trade and Industry, Zambia – Co-Winner African CEO of the Year Armstrong Takang, CEO, Ministry of Finance Incorporated (MOFI), Nigeria – Winner Jeremy Awori, Group CEO, Ecobank Transnational Incorporated (ETI), Togo – Co-Winner African Brand of the Year Ethiopian Airlines – Winner Commercial International Bank (CIB), Egypt – Co-Winner African Company of the Year Bidco Africa, Kenya – Winner Innoson Vehicle Manufacturing, Nigeria – Co-Winner Industry Personality of the Year Ally Edha Awadh, CEO, Lake Oil Group, Tanzania – Winner Jemal Ahmed Abdu, CEO, MIDROC Investment Group PLC, Ethiopia – Co-Winner Africa Business Integrity Leader Award Arab Contractors, Egypt – Winner Coris Bank International, Togo – Co-Winner Young Business Leader of the Year Mamotake Matekane, Chief Operations Officer, MGC Matekane Group, Lesotho – Winner Martha Namundjebo-Tilahun, Co-founder, United Africa Group, Namibia- Co-Winner African Tech&Digital Economy Leader of the Year Mastercard Africa – Winner MTN Group, South Africa – Co-Winner Lifetime Achievement Award Kwabena Kesse, CEO, Kessben Group of Companies, Ghana – Winner Special Commendation Award for Regulatory Excellence Daniel Kiptoo Bargoria, Director General, Energy and Petroleum Regulatory Authority, Kenya – Winner Distributed by APO Group on behalf of African Leadership Magazine. For media enquiries, please contact: Ehis Ayere +44 23 9265 8276 ehis@ About African Leadership Magazine: The African Leadership Magazine is the flagship publication of the African Leadership Organisation (UK) Limited. For the past 19 years, the organisation has been dedicated to promoting impactful leadership in Africa and showcasing African opportunities globally. Through its various initiatives, including quality Afro-positive content, trade facilitation, market entry solutions, business networking platforms, and public sector training and consulting, the African Leadership Magazine plays a vital role in driving positive change and development across the continent.

Zawya
19-05-2025
- Business
- Zawya
African Leadership Magazine Announces Nominees for the 2025 African Business Leadership Awards - Public Voting Now Open
African Leadership Magazine ( proudly unveils the distinguished list of nominees for the 17 categories of the 2025 African Business Leadership Awards (ABLA)—a premier recognition platform celebrating excellence in corporate governance, impactful leadership, and trailblazing contributions to the growth and sustainability of Africa's dynamic business and economic ecosystem. The public voting process is now officially open and will run until 29 May 2025, offering stakeholders across Africa and the globe the opportunity to celebrate and affirm exemplary leadership in the African business space. The ongoing public voting marks the third phase in a rigorous four-step, points-based selection process for the African Business Leadership Awards (ABLA). The process begins with open nominations, followed by a shortlist of top contenders curated by the African Leadership Magazine editorial board. In this third phase, the public is invited to vote, adding stakeholder voices to the evaluation process. The final stage involves a detailed editorial assessment of votes and supporting evidence to determine winners, ensuring a transparent, merit-based outcome that reflects both public sentiment and proven impact. Public votes in this phase contribute 65% of the final decision, with the remaining 35% based on supporting evidence for each nominee. This ensures a fair and credible process that values both public opinion and verifiable impact. Winners and first runners-up will be honoured at the 15th African Business Leadership Awards (ABLA), a special highlight of the Africa Summit–London, scheduled for 9–10 July 2025 at the House of Lords, London, United Kingdom. To cast your vote, visit: The 2025 African Business Leadership Awards (BLA Nominee Highlights African Business Leader of the Year Stella Okoli – Founder&GMD, Emzor Pharmaceutical Industries Ltd., Nigeria Mohamed Ould Bouamatou – Founder&Chairman, Bouamatou Group, Mauritania John Gachora – GMD/CEO, NCBA Bank, Kenya Tewodros Ashenafi – Founder&Chairman, SouthWest Holdings Ltd., Ethiopia Ntombi Felicia Msiza – CEO, Raubex Group Ltd., South Africa African Female Business Leader of the Year Rita Maria Zniber – Chairman&CEO, Diana Holding, Morocco Jesca Mhoja Nkwabi – CEO, KOM Group, Tanzania Boitumelo Mosako – CEO, Development Bank of Southern Africa Esther Muchemi – CEO, Samchi Group, Kenya Monica Musonda – Founder&CEO, Java Foods, Zambia African Regulator of the Year Delese Mimi Darko – CEO, Ghana Food and Drugs Authority Brima M. Baluwa Koroma – CEO, Petroleum Regulatory Authority, Sierra Leone Daniel Kiptoo Bargoria – DG, Energy and Petroleum Regulatory Authority, Kenya Leonilde dos Santos – Multisectoral Economic Regulatory Authority, Cape Verde Business-Friendly Governor of the Year Daniel Félix Neto – Governor, Lunda Sul Province, Angola Oscar Mabuyane – Premier of the Eastern Cape, South Africa Jacques Kyabula Katwe – Governor, Haut-Katanga Province, DR Congo Ibrahima Cissé – Minister Governor, Autonomous District of Abidjan, Côte d'Ivoire Peter Ndubuisi Mbah – Governor, Enugu State, Nigeria African Finance Minister of the Year Bihi Iman Egeh – Minister of Finance, Somalia Mthuli Ncube – Minister of Finance&Economic Development, Zimbabwe Marial Ater – Minister of Finance and Planning, South Sudan Cheikh Diba – Minister of Finance and Budget, Senegal Ahmed Kouchouk – Minister of Finance, Egypt Trade&Investment Promotion Agency of the Year General Authority for Investment and Free Zones (GAFI), Egypt Agency for Private Investment and Export Promotion, Angola Ghana Export Promotion Authority (GEPA) National Investment Promotion Agency, Cameroon Agency for Investment and Export Development, Morocco Central Bank Governor of the Year Mohamed Lemine Dhehby – Governor, Central Bank of Mauritania Manuel António Tiago Dias – Governor, National Bank of Angola Johnson Asiama – Governor, Bank of Ghana Rama Krishna Sithanen – Governor, Bank of Mauritius Trade&Investment Minister of the Year Jumoke Oduwole – Minister of Industry, Trade and Investment, Nigeria Alimatou Shadiya Assouman – Minister of Industry and Trade, Benin Ahmed Samir – Minister of Trade and Industry, Egypt Kassahun Gofe – Minister of Trade and Regional Integration, Ethiopia Chipoka Mulenga – Minister of Commerce, Trade and Industry, Zambia African CEO of the Year Jeremy Awori – Group CEO, Ecobank Transnational Incorporated (ETI) Hien Yacouba Sié – Managing Director, Abidjan Port Authority, Côte d'Ivoire Dr. Armstrong Takang – CEO, Ministry of Finance Incorporated, Nigeria Patricia Adongo Ojangole – Managing Director, Uganda Development Bank Ltd. Young Business Leader of the Year Mamotake Matekane – COO, MGC Group, Lesotho Martha Namundjebo-Tilahun – Co-Founder, United Africa Group, Namibia Mohamed Ahmed Abdulle – MD, Dakawou Transport Ltd., Kenya Ladi Delano – Co-CEO, Moove Africa, Nigeria A frica CSR&Community Development Impact Award Ashanti Goldfields Corporation, Ghana Standard Chartered Bank, South Africa NNPC Limited, Nigeria Bamburi Cement Plc, Kenya Catoca Mining Company, Angola African Brand of the Year Commercial International Bank (CIB), Egypt Managem Group, Morocco Bank Windhoek, Namibia Ethiopian Airlines African Company of the Year Vodacom Group, South Africa Ghana Commercial Bank Plc Bidco Africa, Kenya Innoson Vehicle Manufacturing, Nigeria Industry Personality of the Year Kennedy Bugane – CEO, African Bank, South Africa Jemal Ahmed Abdu – CEO, MIDROC Investment Group PLC, Ethiopia Ally Edha Awadh – CEO, Lake Oil Group, Tanzania Ferdinand Ngon Kemoum, Managing Director of Oragroup SA, Cameroon Africa Business Integrity Leader Award Coris Bank International, Togo Arab Contractors, Egypt CCECC Nigeria Limited Société Ivoirienne de Raffinage (SIR), Côte d'Ivoire Moçambique Telecom, SA African Tech&Digital Economy Leader of the Year Mastercard Africa MTN Group, South Africa Mascom Wireless, Botswana Safaricom, Kenya Lifetime Achievement Award Emeka Offor – Founder, Chrome Group, Nigeria Baba Ahmadou Danpullo – Businessman, Cameroon Kwabena Kesse – CEO, Kessben Group of Companies, Ghana Distributed by APO Group on behalf of African Leadership Magazine. Media Enquiries: Ehis Ayere T: +44 (0) 20 3051 1883 E: ehis@ About African Leadership Magazine: African Leadership Magazine is the flagship publication of the African Leadership Organisation (UK) Limited. For over 19 years, it has championed impactful leadership across Africa and amplified African opportunities on the global stage. Through its platforms—including Afro-positive content, trade facilitation, market entry solutions, public sector consulting, and business networking events—the magazine plays a pivotal role in fostering sustainable development and positive change across the continent.

Zawya
16-04-2025
- Business
- Zawya
African Leadership Magazine Unveils Top 25 African Finance Leaders 2025
African Leadership Magazine (ALM) ( is pleased to unveil its highly anticipated Top 25 African Finance Leaders 2025 list — a prestigious editorial recognition that honours excellence, innovation, and transformative leadership within Africa's financial services and economic governance landscape. This year's cohort comprises distinguished finance ministers, central bank governors, CEOs of leading financial institutions, and other influential figures who are shaping the continent's economic architecture through visionary policy direction and exemplary stewardship. The Top 25 list is a testament to the leaders who are championing fiscal responsibility, financial inclusion, and macroeconomic stability across the continent. These individuals have demonstrated a profound ability to navigate complex economic challenges, implement forward-thinking reforms, and inspire confidence in national and regional economies. Their collective leadership has contributed to enhanced investor confidence, accelerated digital finance adoption, and strengthened institutional frameworks that support inclusive and sustainable development. As Africa continues to assert itself as a dynamic player in the global economy, these leaders are setting the standard for excellence in financial governance, demonstrating the strategic foresight and resilience required to unlock the continent's vast economic potential. 'These finance leaders have not only surmounted formidable challenges but are actively shaping a new era of economic growth, transparency, and resilience,' said Dr. Ken Giami, Publisher&CEO of African Leadership Magazine. 'Their bold and visionary leadership is redefining Africa's financial narrative and positioning the continent as a rising global financial powerhouse.' The selection process follows a rigorous two-step procedure to ensure transparency and credibility. First, nominations are gathered from a global pool of experts in the finance and banking sectors, who identify individuals making significant contributions. Then, our editorial board conducts a thorough review, evaluating candidates based on their leadership, impact, and long-term influence on the African financial landscape. This comprehensive approach ensures that we honor only the most deserving leaders, whose work is truly transforming Africa's financial sector.' The formal recognition and celebration of these leaders will take place at the African Finance Leadership Forum, scheduled for 22 April 2025 at the United States Capitol Building, Washington D.C., USA, on the margins of the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF). The ALM Top 25 African Finance Leaders 2025: Dr. Benedict Okey Oramah – President/Chairman, African Export–Import Bank Mthuli Ncube – Minister of Finance, Economic Development&Investment Promotion, Zimbabwe Abdellatif Jouahri – Governor, Bank Al-Maghrib (Morocco) Jeremy Awori – Group CEO, Ecobank Transnational Inc. Situmbeko Musokotwane – Minister of Finance, Zambia Johnny Ohisa Damian – Governor, Bank of South Sudan Paul Russo – CEO, KCB Group PLC, Kenya Samaila Zubairu – President/CEO, Africa Finance Corporation Johnson Asiama – Governor, Bank of Ghana Olusegun Alebiosu – CEO, FirstBank Group, Nigeria Rindra Rabarinirinarison – Minister of Economy and Finance, Madagascar Mary Vilakazi – CEO, Firstrand Limited, South Africa Mamo E. Mihretu – Governor, National Bank of Ethiopia Kennedy Bungane – Group CEO, African Bank, South Africa Rama Krishna Sithanen – Governor, Bank of Mauritius Idrissa Nassa – CEO, Coris Bank Group, Burkina Faso Sheku Ahmed Fantamadi Bangura – Minister of Finance, Sierra Leone Carolina Abel – Governor, Central Bank of Seychelles Walton Ekundayo Gilpin – MD/CEO, Rokel Commercial Bank, Sierra Leone Ferdinand Ngon Kemoum – Group CEO, Oragroup SA, Cameroon Dr. Akinwumi A. Adesina, President, African Development Bank Group Sheikh Diba – Minister of Finance and Budget, Senegal Abdulmajid Mussa Nsekela – CEO, CRDB Bank Plc, Tanzania Khaled Al-Mabrouk Abdullah – Minister of Finance, Libya Hon. Henry F. Saamoi – Governor, Central Bank of Liberia Distributed by APO Group on behalf of African Leadership Magazine. For media inquiries, please contact: Ehis Ayere Group General Manager info@ +44 23 9265 8276 About African Leadership Magazine: The African Leadership Magazine, published by the African Leadership Organization (UK), focuses on presenting the best of Africa to a global audience, telling the African story from an African perspective while developing solutions to challenges facing the continent today. We have committed the last 16 years to promoting impactful leadership on the continent and promoting African opportunities globally through an ecosystem of quality Afro-positive content, Africa trade facilitation and market entry solutions, Afro-centric communities and business networking platforms, as well as through public sector training and consulting.