Career & Business

Folorunsho Alakija & Ngozi Okonjo-Iweala Make Forbes World’s 100 Most Powerful Women List For 2015

   

alakija

Profile as published on Forbes;

The richest self-made woman in Africa and one of just two female billionaires on the continent. Folorunsho Alakija’s first company was an upscale fashion label that catered to Nigeria’s elite, including the wife of the former military president, Ibrahim Babangida. This connection paid off: the president later gave Alakija’s company a prospecting license for one of the most lucrative oil fields in Nigeria. The drop in oil prices has dented the fortune of Alakija, one of just two women billionaires in Africa.

 

alakija

Profile as published on Forbes;

Ngozi Okonjo-Iweala, the minister of finance for Nigeria, has helped the country’s economy, the largest in Africa, grow an average of 6% (per annum) over three years. She is credited with developing reform programs that helped improve governmental transparency and stabilizing the economy. Okonjo-Iweala is the first woman to be the finance minister and the foreign minister of the West African country with a GDP of $502 billion. But the start of the year has been difficult for Nigeria. The country voted in former general Muhammadu Buhari as president, ousting long-time President Goodluck Jonathan, with the hope he will help fight against the local terrorist group Boko Haram. The Harvard- and M.I.T.-trained Okonjo-Iweala spent 21 years as a development economist at the World Bank.

See full list of The World’s 100 Most Powerful Women

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