Africa’s retail property sector is rapidly evolving, driven by urban growth and changing consumer needs. The entrepreneurs behind these developments are shaping modern shopping centres and mixed-use spaces, creating jobs, and transforming communities.
Here are top 5 African retail property entrepreneurs:
– Sisa Ngebulana (South Africa): Founder of Billion Group, Ngebulana has been instrumental in pioneering retail and commercial property developments across South Africa, significantly contributing to the country’s retail infrastructure.
– Rali Mampeule (South Africa): Founder of Retail Africa, Mampeule has led the creation of lifestyle and convenience shopping centres that enhance retail experiences and meet modern consumer demands.
– Oakantse Alfred (Botswana): CEO of LesediLebone Property Developers, Alfred focuses on elite property developments, driving urban growth and establishing a strong presence in Botswana’s retail real estate sector.
– Noah Ibrahim (Nigeria): Founder of Novarick Homes, Ibrahim develops greener, smarter communities in Nigeria, addressing the need for sustainable housing and integrated retail spaces.
– Ayobami Akindipe (Nigeria): Founder of Ace Real Estate Development Ltd, Akindipe has delivered numerous residential and retail projects across Nigeria, Rwanda, and South Africa, while empowering thousands of youths through his ACE Academy initiative.
These entrepreneurs exemplify leadership and innovation in Africa’s retail property sector, driving growth and creating modern, functional spaces that meet the needs of communities.
This ranking considers each entrepreneur’s leadership, impact on retail property development, innovation in operations, and contributions to addressing retail space demands. Data was sourced from verified media profiles, company announcements, and industry reports as of September 2025.
Image Credit: Retail Africa
