Mr. James Mworia addressing investors during the listing of Centum’s KES 6 billion bond
Centum Investment Group CEO Mr. James Mworia is among 9 Kenyans feted by the Choiseul Institute as African Economic Leaders of Tomorrow. The Choiseul 100 is an annual report carried out by the Choiseul Institute with the intent of giving global recognition to young Africans whose leadership sets the foundations for Africa’s future growth.
The report recognized 100 business leaders from across the continent. Those chosen had to be African Citizens below 40 years old and actively contributing to the African economy. The institute recognized business leaders based on potential and leadership, influence and networks, background and skill, reputation as well as power.
During Mr. Mworia’s tenure at Centum, the company has implemented various projects with the ability to change the face of business in the region. For instance, through Amu Power and Akiira power plants, Centum has a pipeline of approximately 1190 MW that will provide at least 33% of the power generation capacity in Kenya once complete. In real estate, Centum is developing Two Rivers Development, whose anchor project is a 65,500 SQM mall that is one of the largest in Africa. Mr. Mworia has received other awards for this year for business leadership including AABLA’s East Africa Business Person of the Year Award and Financial Monthly’s CEO award 2015.
Choiseul Institute President Dr. Pascal Lorot, noted that Africa’s economy is now a major driver of global economic growth with the continent shifting away from primarily exporting raw materials to a more diverse economy driven by investment in high end value addition. Africa is attracting more international capital is flowing into Africa as a result, reaching $80 billion in 2014 and expected to hit $100 billion in 2015. Dr. Lorot attributed this to young leaders who are well trained, open minded and in touch with developments in the global economy.
The other eight Kenyans include KEPSA Chief Executive Officer Ms. Carole Kariuki, Coca-Cola East Africa General Manager Peter Njonjo, Kenya Commercial Bank CEO Joshua Oigara, Cellulant CEO and Co-founder Ken Njoroge as well as Craft Silicon CEO and founder Kamal Budhabhatti. Mr. Michael Macharia CEO and founder Seven Seas Technology and East Africa Trade Hub’s Alfred K’ombudo ranks also featured on the list. You can download the full The Choiseul 100 annual report here.
About Centum Investment Company Limited
Centum Investment Company Limited is East Africa’s largest listed investment company with its shares listed on the Nairobi Securities Exchange and cross listed on the Uganda Securities Exchange. Centum’s objective is to create investment-grade opportunities in eight key sectors namely Real Estate and infrastructure, Financial Services, Fast Moving Consumer Goods, Power, Agribusiness, Education, Healthcare and ICT
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