At the forefront is Seychelles, an idyllic archipelago in the Indian Ocean that has secured its position as Africa’s least stressed country, ranking 57th globally with a stress score of 71.48. With its breathtaking landscapes, abundant natural resources, and a stable economy, Seychelles exemplifies how a conducive environment can significantly enhance mental health and overall well-being.

READ ALSO: Seychelles’ Most Exciting Attractions

A Global Perspective on Stress

The 2025 Global Emotions Report surveyed individuals across 197 countries and territories between 2 December 2024 and 12 January 2025 to assess their stress levels. Nearly one-third of respondents reported experiencing high stress. The study evaluated several critical dimensions of stress—including work pressures, financial strains, social and family interactions, and health and safety concerns—to determine its findings.

Monaco topped the global list as the least stressed country, scoring an exceptional 83.83. Other European nations, including Liechtenstein, Luxembourg, Switzerland, and Ireland, followed closely behind. These findings highlight a stark contrast between regions, underscoring that wealthier nations often provide stronger support systems for their citizens.

Seychelles: A Sanctuary of Relaxation

Seychelles stands out in Africa not only for its scenic beauty—characterised by pristine beaches and lush tropical forests—but also for its vibrant culture and strong sense of community. With a low population density and steady economic growth, locals benefit from leisure time and easy access to nature, both of which play crucial roles in stress reduction.

The country’s commitment to sustainable tourism helps preserve its natural beauty while providing employment opportunities, reducing financial strain. This balance fosters a greater sense of security and satisfaction, allowing Seychellois to lead a more relaxed and fulfilling life.

Following Seychelles, Mauritius also ranks as one of Africa’s least stressed nations, placing 77th globally with a score of 65.27. Both island nations serve as examples of how environmental and economic factors can converge to create an atmosphere conducive to mental well-being.

A Stark Contrast: Stress Levels Across Africa

While Seychelles and Mauritius exemplify calm and stability, the report highlights a contrasting reality in other African countries. Burundi emerged as the most stressed nation in Africa, ranking among the lowest globally due to economic hardships and political turmoil. South Sudan and Malawi also face significant stress levels, alongside conflict-ridden nations such as Syria and Afghanistan.

According to the latest rankings, the top 10 least stressed countries in Africa are:

Seychelles (71.48, ranked 57th globally)

Mauritius (65.27, ranked 77th globally)

Gabon

Equatorial Guinea

Botswana

Libya

South Africa

Algeria

Cape Verde

Namibia

These countries demonstrate relatively lower stress levels compared to other African nations, often benefiting from economic stability, political calm, and better access to resources and opportunities. The rankings provide valuable insights into well-being and quality of life, positioning these nations as attractive destinations for individuals and businesses seeking a more relaxed environment.

As the 2025 Global Emotions Report reveals, there are pockets of peace and tranquillity within Africa that challenge preconceived notions about the continent. Seychelles stands as a shining example of how a balanced, low-stress life can be achieved amid natural beauty and cultural diversity. While challenges remain in many regions, these rankings serve as a hopeful reminder that with the right combination of environment, economic stability, and community support, stress can be significantly minimised. As more nations strive to create harmonious living conditions, the dream of a less stressful life for all could one day become a reality.

The post Why Seychelles is Africa’s Least Stressed Country in 2025 appeared first on African Leadership Magazine.

Ethnic and religious divisions can be traced back to pre-colonial times, but contemporary tensions stem largely from the arbitrary borders drawn by European colonial powers. These borders often disregarded ethnic and cultural boundaries, forcing the amalgamation of historically rival groups. Colonial powers such as Britain, France, and Belgium employed a “divide and rule” strategy in countries like Rwanda, Burundi, and Nigeria, deliberately pitting ethnic groups against each other to maintain political dominance and control over resources.

READ ALSO: Ethnic and tribal dynamics in African politics: Effects on National Harmony

In many African countries, ethnic identity is closely tied to political affiliation, and the acquisition of power is often perceived as a zero-sum game. This has exacerbated ethnic tensions, with groups vying for control of state institutions and resources, particularly in countries where governance is weak or corrupt. Sudan provides a stark example, where conflict has been shaped by both ethnic and religious differences. The predominantly Arab Muslim north was in prolonged conflict with the African Christian and animist south, and even after South Sudan gained independence in 2011, ethnic violence continues to plague both nations as rival groups compete for political and economic control.

Religion has also played a role in exacerbating inter-group violence. Although Africa has a long history of religious coexistence, particularly in cosmopolitan urban areas, religion has increasingly been politicised and used as a tool for mobilisation in conflicts. In Nigeria, the religious divide has contributed to recurrent violence, including the deadly insurgency by the Islamist group Boko Haram. The group has targeted Christians, government institutions, and anyone opposing their vision, displacing millions and deepening religious rifts within the country.

In the Central African Republic (CAR), violent religious conflict erupted between Christian and Muslim militias in 2013. The largely Muslim Séléka rebel group overthrew the government, prompting the formation of the Christian Anti-Balaka militia in retaliation. The ensuing violence resulted in massacres, ethnic cleansing, and widespread atrocities, illustrating how religious identity can be manipulated by armed groups to incite violence and deepen societal divides.

Economic factors play a significant role in fuelling ethnic and religious violence. Competition for resources such as land, water, and minerals often exacerbates existing tensions. In the Sahel region, where desertification and climate change have worsened resource scarcity, ethnic and religious groups frequently clash over access to arable land and water sources. The conflict between Fulani herders and sedentary farming communities in Mali, Burkina Faso, and Niger demonstrates how environmental stress can escalate pre-existing tensions into violent confrontations.

The exploitation of natural resources, such as oil and minerals, has also been a major catalyst for violent competition between ethnic groups in countries like the Democratic Republic of the Congo (DRC) and the Republic of the Congo. Armed groups, often backed by foreign interests, engage in resource wars, while local communities are forced into violent allegiances to protect their land and wealth.

Foreign powers have frequently played a role in deepening these conflicts, either for strategic reasons or to gain access to natural resources. Arms trading, political interference, and support for authoritarian regimes have fuelled conflicts that pit ethnic or religious groups against each other. In Somalia, the United States and other Western countries have supported the government in its battle against militant groups like al-Shabaab. In Libya and Sudan, foreign intervention in civil wars has often exacerbated ethnic and religious divisions, further destabilising already fragile nations.

A crucial step toward mitigating these conflicts is the strengthening of democratic institutions that promote inclusivity, equality, and the rule of law. By ensuring that all ethnic and religious groups have a stake in the political process, African countries can begin to address the root causes of division and violence. Some nations, such as Rwanda after the 1994 genocide, have made significant strides in rebuilding trust among communities. Rwanda’s emphasis on national unity, reconciliation, and economic development has provided a model for other countries grappling with the aftermath of ethnic violence.

Ethnic and religious divisions have undoubtedly played a central role in fuelling inter-group violence in Africa. While these conflicts are deeply rooted in the continent’s history, there are numerous examples of reconciliation, cooperation, and progress. If African nations can build strong, inclusive institutions, promote dialogue between divided groups, and address the root causes of inequality and poverty, there is hope that the continent can move toward a future free from violence based on ethnicity and religion.

The post Ethnic and Religious Divisions Fuelling Inter-Group Violence in Africa appeared first on African Leadership Magazine.

Resilience is key in South Sudan, where decades of conflict have compounded the effects of climate change. Smallholders in the northern region turn to climate-smart techniques to ensure their families have enough food. Using conservation agriculture, they have managed to increase yields despite unpredictable weather.

READ ALSO: Climate Change and African Agriculture

Farmers from the Riaboro and Naduru groups, supported by the International Trade Centre (ITC) through the South Sudan Jobs Creation and Trade Development project, are showing what’s possible with the right support.

The Riaboro group, consisting of 34 farmers from Bakpara Boma, faced challenges in producing good quality fruits and vegetables due to inadequate knowledge of agricultural practices. With ITC’s training and capacity-building support, they shifted from cereal crops to higher-value fruits and vegetables, pooled their resources, and acquired essential farming tools such as a solar irrigation system. The result? Improved income, better nutrition, and the ability to pay for school fees and other family needs.

With support from the government and organisations like the UN Development Programme (UNDP) and the Food and Agriculture Organisation (FAO), South Sudan is scaling up initiatives that include:

• Climate-Smart Agriculture: Promoting techniques like minimum tillage, crop rotation, and agroforestry.
• Irrigation Infrastructure: Building small-scale irrigation systems to reduce dependence on erratic rainfall.
• Weather Information Services: Establishing localised weather forecasting systems that help farmers plan better.
• Access to Markets: Improving infrastructure and market access so that farmers can sell surplus produce, increasing household incomes.

These efforts are already bearing fruit, with increased productivity in some regions and better preparedness for climate shocks.

Impacts of Climate Change on Agriculture in Africa

• Rising Temperatures: Warmer conditions have altered growing seasons and increased the prevalence of pests and diseases. Despite these challenges, farmers are experimenting with heat-tolerant crop varieties and improving pest control methods through local knowledge.

• Changing Rainfall Patterns: Erratic rainfall has made it harder to rely on traditional planting schedules. To counter this, farmers are adopting innovative water management systems, including small-scale irrigation and rainwater harvesting.

• Extreme Weather Events: Droughts, floods, and heatwaves are becoming more frequent. In response, communities are investing in infrastructure that can withstand extreme weather, such as flood-resistant storage facilities and drought-tolerant crops.

IMPACT ON CENTRAL AFRICAN REPUBLIC

In the Central African Republic, where conflict and economic instability have posed additional hurdles, communities are finding strength in collaboration. Various initiatives have empowered women and supported their critical role in agricultural production and food security in the country. For instance, the Income-Generating Activities (IGA) project provides training and literacy courses to women and girls. This project also strengthens national organisations like the National Organisation of Rural Women (ONFR) and the Association of Central African Women (AFJC) by enhancing their organisational, financial, and technical capacities.

Another initiative, Women in Climate Resilient Agriculture, allocated land to 1,250 women in CAR as members of agricultural cooperatives. This programme has also implemented gender-responsive land governance processes in the country, which has significantly enhanced women’s participation and leadership in agricultural development.

The Lean Season Banks project has also given women greater social recognition by placing them at the centre of its work. Women manage the committees of 285 lean season banks and 46 grain banks, ensuring food security during lean periods. They also provide essential agricultural advisory services to farmers in agricultural advisory assistance groups.

These initiatives have been crucial in addressing the unique challenges faced by women, particularly in the Lobaye prefecture, where legal constraints and the impact of years of conflict have hindered women from fully exercising their rights. By investing in female-led agricultural cooperatives, CAR is taking significant steps toward achieving the Sustainable Development Goals (SDGs) of ending poverty, hunger, and gender inequality while creating decent employment opportunities for women.

Other agricultural initiatives like Initiative Noah for Africa are playing a vital role in empowering these communities by:

• Promoting Sustainable Farming: Offering training on organic food production and sustainable farming practices.
• Building Entrepreneurial Skills: Encouraging farmers to view agriculture as a business, thereby fostering economic resilience.
• Enhancing Water Management: Introducing techniques for efficient water use, such as drip irrigation and mulching.

Regional and Global Partnerships in South Sudan/CAR

Beyond national efforts, regional initiatives are essential in building climate resilience. The African Union’s Climate Change Strategy and global funds like the Green Climate Fund are supporting countries in adopting sustainable agricultural practices and reducing greenhouse gas emissions.

Collaborations with the private sector are also creating new opportunities. Agritech startups across Africa are developing mobile platforms that provide farmers with real-time weather information, market prices, and best practices for sustainable farming. These innovations are helping farmers make informed decisions and improve productivity.

The impact of climate change on Africa’s agriculture and food security is undeniable, but so too is the potential for transformative solutions. Across the continent, countries are increasingly adopting climate-smart farming practices, enhancing irrigation infrastructure, and leveraging technology to ensure greater resilience against the changing climate.

In places like South Sudan and the Central African Republic, innovative approaches—whether through smallholder initiatives, gender-focused agricultural cooperatives, or community-driven programmes—are providing a blueprint for success. These efforts not only mitigate the immediate risks posed by climate change but also lay the foundation for sustainable, inclusive economic growth. As global and regional partnerships continue to grow, Africa’s agricultural future can shift from vulnerability to opportunity.

The post South Sudan & CAR: What’s Next for Agriculture in a Changing Climate? appeared first on African Leadership Magazine.

According to the International Monetary Fund (IMF), global debt reached an all-time high of $303 trillion in 2021, a significant rise from the previous record of $226 trillion in 2020, marking the largest annual increase since the Second World War. Most of this surge was concentrated in developed nations such as the United States, Japan, the United Kingdom, and France. Emerging economies like China, India, and Brazil also saw considerable debt growth.

Maintaining low levels of government debt is crucial for countries seeking to strengthen their economies, improve living standards, and attract foreign investment. Nations with lower debt burdens often enjoy stronger currencies, greater investor confidence, and other financial advantages.

The World Bank’s Africa Pulse report, published in October 2024, emphasised the importance of prudent debt management. Since 2006, public debt levels in sub-Saharan Africa have risen dramatically, raising concerns. However, some African countries have managed to avoid unsustainable debt levels by keeping their debt in check relative to their economic output.

A lower debt-to-GDP ratio indicates a country’s ability to manage its debt while continuing to grow its economy. Several African nations have successfully achieved this balance, attracting more foreign investment, increasing financial stability, and improving public services.

Here are the African countries with the lowest levels of government debt as of mid-2024:

1. Democratic Republic of Congo

General government debt (% of GDP): 21.7%

Rank: 1

2. Botswana

General government debt (% of GDP): 24.5%

Rank: 2

3. Equatorial Guinea

General government debt (% of GDP): 35.3%

Rank: 3

4. Ethiopia

General government debt (% of GDP): 36.3%

Rank: 4

5. Comoros

General government debt (% of GDP): 39.1%

Rank: 5

6. Eswatini

General government debt (% of GDP): 39.7%

Rank: 6

7. Chad

General government debt (% of GDP): 41.4%

Rank: 7

8. Guinea

General government debt (% of GDP): 42.1%

Rank: 8

9. Sierra Leone

General government debt (% of GDP): 43.1%

Rank: 9

10. South Sudan

General government debt (% of GDP): 43.3%

Rank: 10

African leaders must remain vigilant in managing public debt as their economies grow. By avoiding excessive debt levels, African nations can create a more stable and sustainable economic environment, benefiting their citizens and fostering long-term development.

The post Is Africa a Debt-Defying Continent? appeared first on African Leadership Magazine.

The award is presented during an event that gathers key African and Caribbean leaders under the theme “Multi-Stakeholder Partnerships to Drive Transformation towards Sustainable and Resilient Societies.”

Leadership and Innovation in Infrastructure Development
Lupisaly Jermalili plays an instrumental role in advancing the mission of Lilico Engineering Services, providing innovative solutions in the construction, energy, and telecommunications sectors. His leadership results in the successful completion of critical infrastructure projects that facilitate economic growth in South Sudan and strengthen regional integration across East Africa. Jermalili’s focus on sustainable, eco-friendly engineering solutions also earns him industry-wide recognition, as his initiatives align with global efforts to promote environmental responsibility.

Advancing Technology and Economic Growth
Jermalili’s dedication to advancing technology-driven infrastructure positions Lilico Engineering Services as a leader in the sector. Under his leadership, the company integrates modern technologies such as drone surveying and renewable energy solutions, enhancing project efficiency and sustainability. His commitment to using local talent and resources further contributes to job creation and economic development in South Sudan.

International Recognition and Collaboration
The IFAL 2024 forum gathers notable figures, including H.E. Rt. Hon. Raila Odinga, Former Prime Minister, Republic of Kenya; Her Excellency Nomvula Paula Mokonyane, Deputy Secretary-General, African National Congress, South Africa; Ms. Reta Jo Lewis, President and Chairman, U.S. Export-Import (EXIM) Bank; H.E. Sen. Douye Diri, CON, Executive Governor, Bayelsa State, Nigeria; H.E. Mr. Agbu Kefas, Executive Governor, Taraba State, Nigeria; H.E. Martin Gama Abucha, Hon. Minister, Ministry of Mining, Republic of South Sudan; Dr. Kevin Greenidge, Governor, Central Bank of Barbados; Mr. Harry Kalaba, President, Citizens First Party, Zambia; Senator Barr Sunday Marshall Katung, Senator for Southern Kaduna, Nigeria; Mr. Stephen L. Hightower, President and CEO, Hightowers Petroleum Co. (HPC), USA; Dr. Benedito Paulo Manuel, Director General, Sociedade Mineira De Catoca Lda, Angola; Dr. Mustapha Abdul-Hamid, Managing Director, National Petroleum Authority, Ghana; Mr. Olusegun Alebiosu, Managing Director/CEO, First Bank of Nigeria Limited; Eng. Victor B. Mapani, Managing Director, Zambia Electricity Supply Corporation Limited (ZESCO); Mr. Daniel Asiedu, Managing Director, OmniBSIC Bank Limited, Ghana; and Dr. Jesca Mhoja Nkwabi, CEO, KOM Group of Companies, Tanzania, among others.

About IFAL and African Leadership Magazine
The International Forum on African-Caribbean Leadership is an annual event that fosters collaboration between leaders from Africa and the Caribbean, exploring transformative solutions to global challenges. African Leadership Magazine, which organises the event, is a leading platform for showcasing African success stories and promoting leadership in business, government, and development across the continent.

For information, contact:

The Group Editor
King Richard Igimoh
editor@africanleadership.co.uk
King.richards@africanleadership.co.uk

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One of the primary concerns revolves around the state of South Sudan’s electoral infrastructure. While important steps have been taken, such as the passage of the Elections Act and the reconstitution of the Electoral and Political Parties Commissions, these remain largely symbolic without full implementation.

A statement by the UK representative to the UN noted that, with less than a few months to go, essential preparations such as voter registration, training for election officials, and a proper resourcing of the electoral bodies have yet to be finalised. This has raised alarms over the country’s ability to conduct free and fair elections within the given timeframe.

Briefing the 15-nation organ, Nicholas Haysom, Special Representative of the Secretary-General and Head of the United Nations Mission in South Sudan (UNMISS), said that with only 11 months remaining, the pace of overall implementation of the Revitalised Peace Agreement towards the December 2024 elections has been uneven. The transitional security arrangements are significantly behind schedule, and the permanent constitution-making process is now 15 months behind the timeline set out in the road map and the peace agreement.

The Chair of the Security Council Committee on South Sudan, Michel Xavier Biang, briefed the Council on the Committee’s work in 2023. During a visit in October, Biang and his delegation met with various stakeholders, including South Sudanese government and parliament officials, UNMISS leadership, diplomatic corps, and civil society representatives. The discussions centred on the arms embargo and the implementation of key benchmarks established by resolution 2577 (2021), as well as progress in implementing the Revitalised Peace Agreement. The Committee has received four exemption requests for travel ban and asset freeze measures since January 2023, with three of them being granted.

The political and civic space in South Sudan is a significant concern ahead of the elections. For the process to be considered credible, political parties, civil society organisations, and voters must be able to freely express their opinions and participate without fear of intimidation or reprisal. Unfortunately, the current environment is precarious, with opposition parties facing limited opportunities for participation and dissenting voices being silenced through intimidation tactics.

Security Concerns: A Walk in the Shadow

The ongoing security situation in South Sudan remains a significant obstacle to a peaceful electoral process. The country is still struggling with internal conflicts, particularly in areas such as Upper Nile and Warrap State, where intercommunal violence persists.

According to the United Nations Office for the Coordination of Humanitarian Affairs, in the first half of 2024, 7.1 million people in South Sudan faced severe food insecurity, a 20% increase from the same period in 2023. The situation has further exacerbated by a sharp rise in food prices, with the cost of sorghum in markets increasing by a staggering 95% from January to June.

The conflict in neighbouring Sudan has also had a destabilising effect on the region, with over 800,000, according to the United Nations, Sudanese refugees fleeing to South Sudan since the outbreak of conflict, placing a significant strain on resources and exacerbating the already precarious security situation.

The delayed deployment of a unified national army, a key component of the revitalised peace agreement, has further deepened concerns about the country’s ability to ensure security during the elections. UN observers have consistently called on South Sudan’s leadership to accelerate the deployment of forces and resolve security arrangements ahead of the elections. ​

Humanitarian Crisis

The country is facing a severe humanitarian crisis, which is exacerbating the challenges surrounding the electoral process. The country is grappling with extreme food insecurity, driven by conflict, climate change, and underdevelopment, which has left millions of citizens at risk of acute food shortages.

The humanitarian crisis also hampers the logistical aspects of the elections, particularly in remote areas where poor infrastructure and a lack of basic services make it difficult to conduct voter education and registration without external assistance. The dire humanitarian situation directly impacts the ability to hold inclusive and representative elections that truly reflect the voices of all South Sudanese citizens.

Horse Race Against Time

With the elections fast approaching, the window for addressing these critical issues is closing. International bodies and experts have repeatedly called for accelerated action to implement the necessary reforms and improve the security situation. However, as of now, many fear that time is running out.

Despite the government’s pledge to hold elections as scheduled, the likelihood of a credible election is growing increasingly uncertain. The international community is urging the government to stick to the timeline outlined in the Revitalised Peace Agreement, which stipulates that elections must conclude the country’s transitional period and pave the way for sustainable peace and development.

As South Sudan approaches the December 2024 elections, the country is facing a daunting set of challenges. The electoral process is incomplete, violence is ongoing, and a severe humanitarian crisis is unfolding, all of which threaten to undermine the integrity of the election. Despite international support, urgent action must be taken to address these issues. If not, the country’s elections may fail to deliver the expected stability and instead exacerbate existing problems. The question of whether South Sudan can overcome these hurdles in time remains a critical one for its future.

The post 2024 Elections: How Prepared Is South Sudan? appeared first on African Leadership Magazine.

Hon. Dr. James Alic Garang, the Governor of the Bank of South Sudan, has been recognized for his exceptional leadership and contributions to the country’s economic development and has been awarded the prestigious African Economic Resilience and Growth Champion Award at the 14th African Business Leadership Awards (ABLA) 2024. This accolade is conferred by the prestigious African Leadership Magazine.

South Sudan Central Bank Governor, Alic Garang Receives Recognition for Economic Prowess

Dr. Garang, a distinguished economist, is renowned for his expertise in development economics, macroeconomics, and environmental economics. He holds a Ph.D. in Economics from the University of Massachusetts at Amherst and has held prominent positions in academia, international organizations, and governmental institutions. His leadership as Governor of the Bank of South Sudan is marked by a steadfast commitment to promoting financial inclusion and driving sustainable economic growth.

Before his current role, Dr. Garang founded and directed the Africa Center for Financial Inclusion, underscoring his dedication to advancing economic development in South Sudan. His extensive academic background and professional experience have significantly contributed to research and policy formulation. Notably, his work on enhancing access to finance for small and medium-sized enterprises (SMEs) in Africa, particularly in South Sudan and Kenya, has received widespread acclaim. Dr. Garang’s commitment to social impact extends beyond his professional endeavours. He actively engages in community service, demonstrating a deep commitment to societal development and empowerment.

The African Business Leadership Awards are well known for honouring outstanding achievements in economic impact, innovation, and leadership throughout the continent. In keeping with the magazine’s heritage of bringing attention to the frequently disregarded facets of Africa’s business and leadership scene, these awards honour people, organizations, and corporations that demonstrate exceptional corporate practices and leadership.

The award ceremony was a highlight of the ALM Africa Summit London 2024, a premier platform for high-level networking, collaboration, and the formation of strategic partnerships aimed at addressing challenges and driving transformative change in Africa. Established in 2016, the summit showcases innovative projects and best practices that align with the continent’s development goals.

The 2024 edition of the African Leadership Magazine Africa Summit, themed “Africa Unleashed: Navigating Disruptions, Enhancing Opportunities,” provided a strategic platform for leaders to discuss sustainable development pathways. Esteemed speakers at the summit included The Right Hon. Cllr. J. Fonati Koffa, Speaker of the Liberia House of Representatives; Dr. Olavo Correia, Deputy Prime Minister & Minister for Finance of Cape Verde; The Right Hon. Lord Dollar Popat, UK House of Lords Member & Prime Minister’s Trade Envoy to Rwanda, Uganda & DRC; and H.E. Rindra Rabarinirinarison, Minister of Economy & Finance of Madagascar. These leaders, along with other distinguished guests from Africa, the UK, and Europe, convened to discuss key issues affecting Africa’s economic and business landscape.

About African Leadership Magazine

The African Leadership Magazine, published by the African Leadership Organization in the UK (Company No. 07435198), presents Africa’s narrative from an authentic perspective to a global audience. Since its launch in August 2008, it has become a leading pan-African publication on leadership, reaching international investors, business executives, policymakers, and multilateral agencies across Africa, the Middle East, Asia, Europe, and the US.

Over 16 years, the magazine has established itself as a trusted partner for African leaders in business, politics, and diplomacy. Through its global events, it has facilitated investments and successful partnerships, promoted Africa-led businesses and fostered collaboration with international stakeholders.

Media Contact:

King Richard Igimoh

Group Editor

African Leadership Magazine

editor@africanleadership.co.uk

For more information visit www.africanleadership.co.uk.

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Over the past 12 years, the POTY Ceremony has evolved into Africa’s premier vote-based endorsement, attracting policymakers, industry titans, civil society leaders, and thought leaders from across the continent and beyond. It has become a revered platform for honouring people-centred leadership and celebrating individuals who champion a pan-African agenda in their respective fields.

Reflecting on the illustrious list of past winners is akin to a journey through the annals of African leadership. From the visionary Sudanese businessman Mo Ibrahim, Founder of the Ibrahim Prize for Leadership (2012); to the transformative leadership of H.E. Goodluck Jonathan, former President of Nigeria (2015);  and the indefatigable efforts of Dr. Tedros Adhanom Ghebreyesus, Director-General, World Health Organisation (2020).

Other past winners of the ALM Persons of the Year Awards include H.E. Atiku Abubakar, former Vice President of Nigeria (2013); H.E. Jakaya Kikwete, former President of Tanzania (2014); Mr. Mo Dewji, Tanzanian Businessman and Philanthropist (2016); H.E. Paul Kagame, President of Rwanda (2017); H.E. John Magufuli, former President of Tanzania (2018); Dr Akinwumi Adesina, President of African Development Bank (2019); H.E. Lazarus Chakwera, President of Malawi (2021); and H.E. Julius Maada Bio, President of Sierra Leone (2022). Each recipient has left an indelible mark on Africa’s landscape, inspiring hope and igniting progress.

In the spotlight, this year stands His Excellency William Ruto, President of Kenya, who has been named the African of the Year 2023. President Ruto’s unwavering commitment to regional cooperation, inclusive trade, and advocating for Africa’s interests on the global stage embodies the essence of pan-African leadership.

Beside President Ruto is the esteemed former President of Tanzania, H.E. Jakaya Kikwete, who continues to be a steadfast advocate for peace, security, and sustainable development in Africa. His insights on the nexus between peace and development are bound to enrich the dialogue and inspire action towards a more prosperous Africa.

The 2024 edition of the POTY Ceremony is a convergence of minds, which brought together over 300 participants representing diverse sectors and geographies. From political and diplomatic leaders to industry titans and academic luminaries, the event promises to foster meaningful exchanges and forge new alliances in the pursuit of Africa’s socio-economic advancement.

Joining the distinguished roster of attendees is a lineup of exceptional leaders, including Dr. Kailesh Jagutpal, Mauritius’ Minister of Health and Wellness, and Lady Justice Martha Koome, Chief Justice of Kenya. His Excellency George Weah, Former President, Liberia; Hon. Cllr. Fonati Koffa, Speaker, Liberia House of Representative; The Hon. Dr Kailesh Jagutpal, Minister Of Health And Wellness, Mauritius; Ngozi Ekeoma, CEO, NAPAL Petroleum; Dr Adesola Kazeem Adeduntan (FCA), CEO, FirstBank Group; Daniel Asiedu, Managing Director, OmniBSIC Bank, Accra, Ghana; Mr. Henry Fallah Saamoi, The Chief Executive Officer, International Bank (Liberia) Limited Monrovia, Liberia; Mr Gil Bires, Director-General, Investment and Export Promotion Agency (APIEX-Mozambique);Adanech Abebe, Mayor of Addis Ababa.and several other notable leaders.

Their presence underscores the event’s commitment to recognising excellence across various spheres of African society.

As we embark on this journey of celebration and reflection, we invite you to join us in honouring Africa’s finest and reaffirming our collective commitment to a brighter future for the continent.

The post ALM’s POTY 2024: Honouring Africa’s Finest! appeared first on African Leadership Magazine.

The event brought together Policymakers, private sector leaders, and civil society leaders. Amongst others, from across Europe, the US, and Africa to discuss issues concerning the promotion of African trade and investments globally. Some of the speakers attending the event in London included Baroness Sandy Verma, member of the UK House of Lords. Lord Dollar Popat; UK Prime Minister Rishi Sunak. His Royal Majesty, Ogiame Atuwatse III; Olu of Warri Kingdom, Nigeria, who also invests in the gas and oil industries. As well as other political and policy leaders from across Africa, Europe, and the United States of America.

Governor of the Bank of South Sudan (BoSS), Hon. Johnny Ohisa Damian

In his remarks during the summit, BoSS governor Damian congratulated South Sudan on its 12th Independence Day on July 9th. “This is a wonderful experience, he said.” “As the youngest country, we had a successful investment conference in 2013, where we got over 40 billion dollars of commitment. Unfortunately, in December, war erupted in South Sudan, and all the investments disappeared.” Again in 2016, we went into conflict.

In 2018, the peace agreement was signed, and up to now the peace is holding and we are preparing for elections next year. This is a turning point for us.” He said the size of South Sudan is about 644,329 square kilometres, and 90% of the land is arable for agriculture. If we had engaged in agriculture, I am sure by now we would be feeding the whole of Africa, and we are going to do it.

South Sudan is Business-friendly and Investment-ready

“We are 12 million people, the country relies on oil exports, and we are the third largest sub-Saharan country in Africa after Nigeria and Angola in oil production, but still a lot of investments need to be done. Currently, we are producing about 150 to 170 thousand barrels per day. We have got about 3.5 billion reserved that needs to be tapped.”

Even with the changes that are happening in the world, countries are now moving out of fossil fuels. The governor noted, “We need to do that as quickly as possible to ensure that we catch up with the other countries. And we have huge potential because the Nile passes through our country. We don’t use it for agriculture. We need to put that to use, and this can only be done through foreign direct investment.” He added If South Sudan starts practising that now, “we will be able to put water to proper use.”

The Missing Piece

“South Sudan has potential hydroelectric and geothermal powers that need to be exploited. As a region, I think Ethiopia is working on the Renaissance Dam, Uganda is working on the Hydro Power also; is it not better for us to unite as the East Africa Region to start getting use of them?” In sports, the governor continued, “South Sudan has just qualified for the Basketball World Cup for the first time in history, and in our first trial, that is a biggest and great achievement not only for South Sudan but for the entire continent. We hope we win the world cup.”

Tourism and Sustainability

As I said earlier, there is an abundance of water resources, and fisheries are also available to be tapped. Coming to tourism, “I think what is known worldwide is about the migration of animals between Kenya, Tanzania, and Sarangani. But we have, I think, the biggest migration of white-eared cob, because it is only available in South Sudan and has been proven by the national geographic. And that is also an area we need to invest in.” There are agreements signed with Ethiopia and Uganda for South Sudan to start importing electricity from Ethiopia and Uganda.”

South Sudan is Business-friendly and Investment-ready

The BoSS governor underscored that South Sudan is very serious about implementing the peace agreement. And really wants to ensure that investment takes centre stage. He also noted that the elections next year will be free and fair. The President has expressed in his Independence Day speech that South Sudan urgently needs peace to open ways for foreign direct investment to come into the country. “I know there are a lot of challenges, but we must work hard as Africans; we start with our own. We need to see Ethiopia join the East African Community to make it a formidable negotiating block in the whole region.”

Within the region, “we are members of the East African Community, which has approximately 400 million people. With the joining of Congo, it has given us bargaining power to ensure that when we talk to investors outside, we talk as a region. Instead of talking as countries or individuals.”

He noted that this is just a brief update on South Sudan. Which is ready for investments, and “we hope next year we will be talking something different.”

Diplomats At The 8th Africa Summit London 2023

Hon. Johnny Ohisa Damain was at the colourful event alongside South Sudan’s Ambassador to the United Kingdom of Great Britain and Northern Ireland based in London, Agnes Adlino Orifa Oswaha. Other guests include Lord Dolar Popat, a Member of the UK House of Lords and the British Prime Minister’s Trade Envoy to Rwanda and Uganda. Baroness Sandy Verma, Member of the UK House of Lords. Hon. Renganaden Padayachy, Minister of Finance, Economic Planning, and Development, Mauritius. Rindra Rabarinirinarison, Minister for Economy and Finance, Madagascar. Hon. Seedy Sk Nije, Deputy Speaker, National Assembly Of The Gambia. and Hon. Fonati Koffa, Deputy Speaker, House of Reps, Liberia, among others.

Culled from an article by Larco Lomayat. This article was first published on the social media page (Facebook) of the Bank of South Sudan.

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The ABLA presentation ceremony was a key highlight of the 8th ALM Africa Summit, which took place on Tuesday, 11 July 2023 at The Dorchester Hotel, London – United Kingdom. With the theme- New Opportunities for African Investments, Partnerships, and Collaborations.

Hon. Johnny Ohisa Damian who was earlier recognised as one of the Top 25 African Finance Leaders 2023, by the African Leadership Magazine, has served in various capacities within the Central Bank of South Sudan. From 2019 to 2021, notably as the Director General for Currency and Banking Operations and as the first Deputy Governor and acting Governor. Before he was appointed Governor of the Central Bank. Prior to joining the Bank of South Sudan, he was the Deputy Managing Director and later Managing Director (MD) of the International Commercial Bank (ICB-SS). The Governor also worked in various capacities at the United States Agency for International Development (USAID) in Sudan, Kenya, and the Democratic Republic of Congo (DRC).

Hon. Johnny Ohisa Damian

As Governor of the Bank of South Sudan, Hon. Damian has engendered reforms and coordinated sound monetary policies. All of these are aimed at inspiring confidence in the country’s banking sector. Engendering a strong and efficient financial sector. As well as promoting economic stability and financial inclusivity for the benefit of South Sudanese people. The Governor has also ensured the formulation and implementation of policies and programs. In order to spur sustainable economic growth across all sectors and segments of society.

In an exclusive interview with the African Leadership Magazine, the Governor noted some of the reforms in the country’s banking and financial services sector. Including the implementation of global best practices in risk-based supervision as a means of safeguarding integrity, prosperity and trust in the nation’s nascent financial and banking system. The impact of the risk-based supervision enabled the Bank of South Sudan to revoke the licenses of two (2) local banks for failing to meet the threshold and dismissed the entire Board of Directors and Managing Director of South Sudan’s largest local bank due to issues related to corporate governance.

As part of the reform agenda, the BoSS played a pivotal role in the establishment of the Financial Intelligent Unit (FIU). An independent body that will be able to provide oversight on the overall financial system. In addition, the bank also took measures in profiling critically undercapitalized banks, giving them the ultimatum to merge, divest shareholders, voluntarily liquidate or face force liquidation, as well as licensed strong banks to fill the gap. These measures have led to a sharp increase in private sector credit, with a positive impact on South Sudan’s economy.

Furthermore, as dollarization has been a serious policy concern for the Bank of South Sudan (BoSS) since independence in 2011, the Bank of South Sudan issued a circular to reinforce the use of the South Sudanese Pound as legal tender in all transactions within the jurisdiction of the country. To curb the dollarization of the economy which is also hiking of the interest rate by the Federal Reserve Bank.

Hon. Johnny Ohisa Damian

In the agricultural sector which is believed to employ about 80 percent of the labour of the population, the Bank of South Sudan’s monetary and banking policies encourage commercial banks to extend credit to the private sector. Including agriculture, as the banks have been directed to increase Private sector credit (PSC) to SMEs by 40 for the year 2023. These policies, coupled with the liberalization of the exchange rate have had a significant impact on the increase of PSC credit. In that commercial banks’ loans portfolio used to be around 8 percent of total deposits. But is more than double (i.e., 18 %) during the first quarter of 2023.

In his acceptance remarks upon receiving the co-winner of the Africa Central Bank Governor of the Year Award, Hon. Damian said “The award recognition is something that has taken us by surprise, not only me but also the whole country. This award comes right after we celebrated our independence anniversary. What could be more important than to be recognized by the prestigious organization ‘The African Leadership Organization!’. To me, this is a very big achievement for the country given the fact that I have just been there a year as a governor. “The minister of Finance is also in office for little over a year.”

He added that “we have had the support of our President and the Government to ensure that we make the country ready for investment. I thank the African Leadership Organization for recognizing us. This is an achievement that we did as Bank of South Sudan and together with the Minister of Finance, we have worked closely to ensure the reforms are done.”

The African Business Leadership Awards (ABLA) was organized by the African Leadership Organization. Publishers of the African Leadership Magazine UK, attracting high-level business leaders and policymakers. Including Lord Dolar Popat, a Member of the UK House of Lords and the British Prime Ministers Trade Envoy to Rwanda and Uganda. Baroness Sandy Verma, Member UK House of Lords. Hon. Renganaden Padayachy, Minister of Finance, Economic Planning and Development, Mauritius. Rindra Rabarinirinarison, Minister for Economy & Finance, Madagascar. Hon. Seedy Sk Nije, Deputy Speaker, National Assembly Of The Gambia. And Hon. Fonati Koffa, Deputy Speaker, House of Reps, Liberia.

Other guests at the event include His Royal Majesty, Ògíamẹ̀ Atúwàtse III CFR, Olu of Warri Kingdom, Nigeria. Olori Ògíamẹ̀ Atúwàtse III, Queen Consort of Warri Kingdom, Nigeria. Hon. Debele Kabeta Hursa, Commissioner, Ethiopian Customs Commission. Mrs Mukwandi Chibesakunda, CEO, Zambia National Commercial Bank (ZANACO) Plc. Mohammed Bello-Koko, Managing Director/CEO, Nigerian Ports Authority (NPA). Nokuthula Selamolela, CEO Food and Beverages Manufacturing, South Africa. And H.E. Dr. Benedito Paulo Manuel, Director General, Sociedade Mineira De Catoca Lda, Angola; amongst others.

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