Bulls n Bears Entrepreneurship Zone :: Five businesswomen pushing the envelope in Africa
Bulls n Bears
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Fri Nov 30 06:19:14 CAT 2018
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1. Dr Hend El Sherbini, Integrated Diagnostics Holdings (Egypt)
Dr Hend El Sherbini
Dr Hend El Sherbini is CEO of Integrated Diagnostics Holdings (IDH), a
consumer healthcare company, with operations in Egypt, Jordan, Sudan and
Nigeria.
Leading a company through the economic and political uncertainty in North
Africa and the Middle East is one thing; doing it in a country where female
CEOs are not the norm is another.
“It is a challenge to be a woman and a leader in our part of the world,” El
Sherbini admits, and says that overcoming this takes consistency and time.
“When you start, there might be people who are not very happy that their
boss is a woman but when they see you are serious about what you are doing
and that you consistently apply your standards, they accept it.”
At IDH, 30% of the employees are women – a ratio they are working to
improve. “We don’t differentiate at all between women and men, not when it
comes to the level of pay or any other area. We completely believe in gender
equality,” says El Sherbini, and ascribes their current ratio of female to
male employees to “the way it is in the countries IDH operates in”, as many
women start working but leave once they get married or have children.
2. Tseday Asrat, Kaldi’s Coffee (Ethiopia)
Tseday Asrat
Kaldi’s Coffee introduced a new twist on how Ethiopians drink coffee.
Today, the company, founded by Tseday Asrat, has 38 cafés throughout
Ethiopia.
However, as the company grew, it became increasingly difficult to maintain
consistency in quality across the different outlets. Soon Kaldi’s
experienced challenges in its supply chain. Each café was sourcing milk from
local dairy farmers but it was often watered down or of poor quality. It
also obtained coffee from different suppliers, which meant the quality
fluctuated. Customer complaints began to come in.
“Instead of giving up, I saw it as an opportunity to start our own supply
company to assure Kaldi’s of the quality and quantities it needs. It
motivated me to do more and create more jobs,” Tseday says. As a result, she
diversified and added a dairy producer and milk-processing company, Loni
Agro, as well as a roastery which buys coffee on the Ethiopian Commodity
Exchange (ECX) to her business interests. Kaldi’s has more than 1,800
employees with another 175 people employed at Loni Agro.
3. Nana Akua Birmeh, ArchXenus (Ghana)
Nana Akua Birmeh
For Nana Akua Birmeh, CEO and founder of Ghanaian architecture firm
ArchXenus, the driving motivation for starting her own company was her
desire to be a mother and still be an architect.
When she realised that the firm she was working for was not suited to
accommodate maternity, motherhood and family life, she gathered her life
savings and started out on her own in 2008.
“People shouldn’t have to choose between having a fulfilling career and
having a family,” she says.
Today, it is not unusual to see small children running around their offices
with a nanny hot on their heels. She even brought in a bouncy castle for the
little ones and created a dedicated homework space for the older children.
4. Navalayo Osembo, Enda Athletic (Kenya)
Navalayo Osembo
Enda, a company that manufactures Kenya-themed running shoes to celebrate
the country’s legacy as the home of Olympic long-distance runners, is the
brainchild of Navalayo Osembo and her co-founder.
Enda originally wanted to manufacture its shoes entirely in Kenya. However,
financial constraints and the manufacturing sector’s lack of capacity forced
them to turn to Chinese manufacturers who would accept their small
production order.
Manufacturing outside of Kenya proved difficult. Their second production of
6,000 pairs experienced quality issues. As it’s not possible to check each
shipment shoe by shoe, the defects were discovered only on arrival in East
Africa. To avoid such challenges, Enda is diversifying its supply chain; if
one factory experiences a manufacturing fault, another can take over
production to ensure deliverables stay on schedule.
The imported shoe components are assembled in a factory in Mtwapa,
northeast of the Kenyan port city Mombasa. While Enda’s supply chain is
divided between Kenya and China, their aim is to make it a 100%
Kenyan-produced brand in the next three years.
5. Monica Musonda, Java Foods (Zambia)
Monica Musonda
Former Dangote Group employee Monica Musonda left the corporate world to
found Java Foods, a food processing company based in Zambia. Her aim was to
provide affordable nutrition “using, as much as possible, local raw
materials to make good, nutritious foods”.
The company’s first product was Eezee Noodles, a Zambian instant noodle
brand.
Many questioned whether Eezee Noodles would be accepted and gain ground.
“People thought we were mad – that it wouldn’t work,” Musonda recalls.
Within three years, Eezee Noodles was Zambia’s biggest instant noodle brand
and it still accounts for 80% of Java Foods’ sales. After focusing
exclusively on instant noodles for the first few years, in 2016, the company
introduced fortified breakfast cereal made from maize and soya beans,
followed by Num Nums, a maize snack, in May 2017.—Howwemadeitinafrica
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