8 Young African Millionaires of 2014

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Mike Macharia — Kenya

At 36, “Macharia’s company Seven Seas Technology is a leading East African provider of integrated business and technology solutions for institutional clients in the telecom, financial, real estate, service industry and government sectors,” according to Forbes magazine. With annual revenues exceeding $50 million, the company is also looking to become a listing on the Nairobi Stock Exchange.

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Ally Edha Awadh — Tanzania

At the age of 23, Awadh founded Lake Oil Group, an energy distribution and transportation company, in 2006. Now, the company is “one of the five largest distributors of petroleum products in Tanzania and exports to neighboring countries including D.R.Congo, Zambia, Burundi and Rwanda,” according to Forbes. The company’s revenues for 2013 were $600 million.

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