News
Gender parity in New African magazine’s list of 100 Most Influential Africans
For the first time since publishing the list, there is an equal amount of men and women featuring in this year’s one hundred. Although this year’s listing is dominated by entries from Nigeria and Kenya, outstanding personalities from several other African countries are also featured.
The December issue is published with four different covers featuring: Ethiopia’s Prime Minister, Ahmed Abiy, arguably Africa’s person of the year; the 2018 Nobel Peace Prize co-winner DR Congo’s Dr Denis Mukwege; Botswana’s 32-year old Minister of Trade Investment Bogolo Joy Kenewendo; and Egypt’s soccer superstar, Mo Salah whose influence goes well beyond football.
The annual list has become an industry and the magazine readers’ much-awaited collation – revealing Africans who contributed in shaping the African narrative in the concluding year and envisaged to play a big role in the coming year, both on the continent and in the Diaspora.
Collated by and from its global network of correspondents and industry insiders, this year’s listing consists of some regular names, and some of them returning for the second, even third year. The final 2018 tally sees a drop in the number of entries for politicians, but an increase in the Arts and culture section at 16 and 22 entries respectively.
In terms of countries, entries are led by Nigeria with18 names followed by Kenya (11) South Africa (10) Egypt (8) and Ethiopia (7).
“One yardstick which we often employ when coming up with the final list is to emphasise that influence is not about popularity and popularity is not always influential. The influencer’s impact on public, social and political discourse, however, is what largely helps us determine their influence. Most importantly we focus mainly on people who have been influential for Africa’s good,” says reGina Jane Jere – Editor of the magazine’s sister publication – New African Woman, who leads and oversees the 100 Most Influential Africans project.
With many reports indicating how gender parity improves the quality of governance and accelerates development, and in a year that has seen the emboldening of gender issues, with countries such Ethiopia even taking a lead in achieving gender parity in Cabinet, and appointing its first ever female President under its new reformist Prime Minister Ahmed Abiy, the magazine felt it apt to produced a 50/50 ratio in this year’s list. According to the editor of the magazine, Anver Versi, this happened as much by chance as it did by design. “When whittling down the nominees and choosing our hundred, we ended with an equal number of women and men. That was the premise of this year’s ranking but it happened naturally!”
One other outstanding feature of this year’s list is the increased inclusion of people of African descent making their mark at a global level in the African Diaspora. “This is a clear indication of the wealth of talent that our continent possesses and shows that given the slightest opportunity, our men and women can eclipse their peers worldwide in their chosen fields of endeavor,” explains Versi.
Also of note is the inclusion of men and women in the seemingly unglamorous fields such as conservation and climate change, whose work is often overlooked by the media.
The December issue of New African is available on newsstands in 75 countries and via the app store and the magazine’s digital channels.
The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.
The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.
Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.
He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.
“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.
Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.
While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.
Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.
He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”
Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.
He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”
Dangote Petroleum Refinery has made headlines by announcing a further reduction in the price of diesel, dropping it from ₦1200 to ₦1000 naira per litre.
The refinery’s decision comes on the heels of its recent supply at a significantly reduced price of ₦1200 per litre, which was introduced three weeks ago, signifying a remarkable 30 per cent decrease from the previous market price of approximately ₦1600 per litre.
This substantial reduction in diesel prices at Dangote Petroleum Refinery is expected to reiterate positively throughout various sectors of the economy, potentially serving as a catalyst in alleviating the persistently high inflation rate in the country.
In a statement last week, Aliko Dangote, Africa’s wealthiest individual and the owner of the refinery, expressed his optimism regarding the potential impact of the price reduction on inflation in Nigeria.
“I believe that we are on the right track. I believe Nigerians have been patient, and I also believe that a lot of goodies will now come through. There’s quite a lot of improvement because if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ₦1900,” he remarked.
As anticipation builds around the implications of this move by Dangote Petroleum Refinery, stakeholders and consumers alike remain hopeful for the positive effects it could bring to the Nigerian economy in the coming months.
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