In the business world, there’s a common belief that success requires a college degree. However, some African CEOs have proven this isn’t always the case.Â
While it’s true that education can be a powerful tool, these leaders have achieved great success without completing formal schooling, fueled by their determination, creativity, and hard work.Â
It’s important to note, though, that when the opportunity for education is available, it’s beneficial to take it, as many successful individuals have completed their higher education to enhance their skills and knowledge.
Here are 6 African CEOs who have achieved great success without a formal education:
Johann Rupert – South AfricaJohann Rupert is a billionaire who heads Richemont, a Swiss luxury goods company, and Remgro, a South African company. He started college but left to go into business instead. He learned business skills in New York, then came back to South Africa and started a bank and a company that helped create over 600,000 jobs. He’s now one of Africa’s richest people.
Justin Stanford – South AfricaJustin Stanford started his first business at 13, selling apple juice to his classmates. He dropped out of high school because he found it boring and started a tech company at 18. Although his first attempt failed, he didn’t give up and eventually built a successful business distributing antivirus software across Southern Africa.
Cosmas Maduka – NigeriaCosmas Maduka began working at age six after his father died. He was once an apprentice in an auto shop but started his own business after being fired. He built it into Coscharis Group, a big company that imports cars like BMWs into Nigeria and does much more.
Anas Sefrioui – MoroccoAnas Sefrioui left school to help his father with his business. He saved up money and started his own real estate company in 1988. He made it big in 1995 when he got a government contract to build affordable homes. His company has had a big impact on housing in Africa and the UAE.
Ashish J. Thakkar – UgandaAshish J. Thakkar left school at 15 to start his own business, selling computer parts he bought from Dubai. His business grew into Mara Group, a big company that works in many countries. He also helps young entrepreneurs in Africa through his foundation.
Said Salim Bakhresa – TanzaniaSaid Salim Bakhresa, who started selling street food at 14. He opened a restaurant in the 1970s and then got into grain milling. He built his company, Bakhresa Group, into Tanzania’s largest business group. It makes everything from frozen foods to drinks and packages.
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