Sponsored by Standard Bank Group, it represents one of the first analyses of the performance of publicly listed companies in Africa conducted through a gender lens.
This years list of 93 women represents 17 countries who have qualified based on either large scale revenue or large scale market capitalisation.
BusinessDay check shows the list includes 40 women from South Africa, 12 from Nigeria, and 6 from Egypt, Ghana and Kenya respectively.
Africa.com analysed 2,020 companies listed on the 24 African stock exchanges.
This analysis yielded 28 women division heads.
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Group 3 started with an analysis of global corporations with revenue over 10 billion who have operations in one or more countries on the African continent.
The regional heads of these companies were analysed to identify women executives for an Africa region or an African country, with profit and loss responsibility for the country or region.
Women in this group are ranked by prioritizing those who run the Africa region ahead of those who run a single African country.
The three groups make up the final Definitive List of 93 women listed below.
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