• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Leadership

This African Nation’s First Female President Is Doing Something Pretty Entrepreneurial

By
Laura Secorun Palet
Laura Secorun Palet
Down Arrow Button Icon
By
Laura Secorun Palet
Laura Secorun Palet
Down Arrow Button Icon
July 27, 2016, 9:00 AM ET
Tourists admire giant water lillies in t
AFP/Getty Images

Last year, Ameenah Gurib-Fakim achieved what only three other women in Africa did before her: She became an elected head of state. In June 2015, she was sworn in as the first female president of Mauritius, an island nation roughly 1,200 miles off the continent’s southeast coast. But what really sets her apart isn’t her gender — it’s her business acumen.

Before becoming president, a ceremonial position that carries no executive power, Gurib-Fakim had never held elected office. She was surprised when the current Prime Minister asked her to join his ticket but the now president says serving her country was an offer she couldn’t refuse. Before that, her focus was science and business, not politics. After leaving Mauritius to attend university in the U.K., where she received a PhD in chemistry, she returned to teach and, later, start her own bioresearch and pharmaceutical company.

Now, Gurib-Fakim intends to use the president’s high-profile platform to expand Mauritius’ economy. The country’s GDP has grown at an average rate of 3.2% a year, but she thinks this could be higher. The secret? Enabling the country to capitalize on its wealth of native plant and animal life.

“Our biodiversity is a unique treasure,” she says. “It’s time we take advantage of it.”

Related: Africa’s Female Philanthropists Are Emerging From the Sidelines

Located in the Indian Ocean, Mauritius is what’s known as a “biodiversity hotspot,” i.e. an area where the teeming biodiversity is threatened by human activity. Growing up, Gurib-Fakim enjoyed the beaches and lush tropical forests, but it wasn’t until she returned from the U.K. that she realized the island’s natural beauty had value outside tourism. When placed under the microscope, flowers used by locals as an antiseptic showed promise in the development of a new type of antibiotic; meanwhile, an unassuming local plant proved to be a natural remedy for asthma.

Her home was no longer just a pretty collection of plants and flowers, but a reservoir of ingredients that could be worth millions to the cosmetic, pharmaceutical and nutritional sectors. And so in 2004 she founded the Centre for Phytotherapy Research to identify and catalogue the medical and nutritional elements of the island’s natural sources. The company, which sells its discoveries and clinical research to companies making cosmetics, drugs and food products, has grown its revenue over 10% annually for the past decade, and employs 120 people across the globe.

Since taking office, Gurib-Fakim has stepped down as CEO and shifted her focus to training the next generation of Mauritian scientists in the fields of agriculture, pharmacology and clean energy. To that end, she launched a grant program in partnership with and Bill and Melinda Gates Foundation that aims to provide 10,000 PhD Scholarships to local researchers in the coming decade.

As part of her presidential duties she advocates for the importance of biotech in Africa and promotes Mauritius’ new Biopark – the first bioresearch hub of its kind in the Indian Ocean. The public-funded center is home to half a dozen laboratories, which work together to develop solutions from agricultural development to epidemiology. Gurib-Fakim hopes this hub will expand on her previous research to monetize Africa’s wealth of flora. The Hoodia Cactus, for example, acts as an appetite suppressant and could be used to help combat obesity, while protein-rich Baobab tree flowers could be used as a supplement to ward off malnutrition. To this end, she has embarked on a relentless campaign in cities like Paris or London to convince companies to shop for product ingredients native to her island.

Related: This Startup Wants Your Next Office to Be a Boutique Hotel in Bali

Her grand aspirations of harnessing Mother Nature to fuel the country’s economic engine may have a shelf life, thanks to climate change. Mauritius is already experiencing unprecedented flash floods, coral bleaching and violent cyclones, according to Daneshwar Puchooa, a professor of biotechnology at the University of Mauritius. And thanks to rising temperatures, “we will soon start to see the emergence of pests and diseases,” she warns. Such diseases could disrupt the delicate equilibrium of the island.

To this end, Gurib-Fakim joined an alliance of small island states lobbying larger nations for stronger legislation against global warming. “We must protect our biodiversity at all costs,” she says. Otherwise, it’s likely many of the island’s species will meet the same fate as its most famous animal, a flightless bird that went extinct in the 17th century and is now featured on Mauritius’ presidential coat of arms: She’s fighting from keeping her island’s lush life from going the way of the Dodo.

About the Author
By Laura Secorun Palet
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

RetailRetail
Victoria’s Secret CEO says Gen Z didn’t grow up with 2000s body image baggage—and they’re embracing the glamorous fashion show again
By Emma HinchliffeFebruary 9, 2026
2 hours ago
vonn
LawSports
Lindsey Vonn’s big crash is the moment millennial nostalgia hit its limit—and symbolizes a broader reality of moving goalposts
By Nick Lichtenberg and Ashley LutzFebruary 9, 2026
4 hours ago
A memorial for Nancy Guthrie
PoliticsCrime
Savannah Guthrie pleads ‘we will pay’ as search for her missing mother continues after a week
By Ty O'Neil and The Associated PressFebruary 9, 2026
5 hours ago
Eddie Bauer
RetailRetail
Eddie Bauer’s retail operator declares bankruptcy as younger shoppers view the brand as ‘old-fashioned and a bit irrelevant’
By Anne D'Innocenzio and The Associated PressFebruary 9, 2026
6 hours ago
Personal FinanceSavings
Best money market accounts of February 2026
By Glen Luke FlanaganFebruary 9, 2026
6 hours ago
CryptoDonald Trump
The Trump family’s crypto portfolio is getting battered with the rest of the industry—but Melania’s memecoin has fared surprisingly well
By Ben WeissFebruary 9, 2026
7 hours ago

Most Popular

placeholder alt text
C-Suite
Meet Jody Allen, the billionaire owner of the Seattle Seahawks, who plans to sell the team and donate the proceeds to charity
By Jake AngeloFebruary 9, 2026
8 hours ago
placeholder alt text
AI
As billionaires bail, Mark Zuckerberg doubles down on California with $50 million donation
By Sydney LakeFebruary 9, 2026
11 hours ago
placeholder alt text
Economy
China might be beginning to back away from U.S. debt as investors get nervous about overexposure to American assets
By Eleanor PringleFebruary 9, 2026
16 hours ago
placeholder alt text
Economy
Elon Musk warns the U.S. is '1,000% going to go bankrupt' unless AI and robotics save the economy from crushing debt
By Jason MaFebruary 7, 2026
2 days ago
placeholder alt text
Commentary
America marks its 250th birthday with a fading dream—the first time that younger generations will make less than their parents
By Mark Robert Rank and The ConversationFebruary 8, 2026
2 days ago
placeholder alt text
Economy
Russian officials are warning Putin that a financial crisis could arrive this summer, report says, while his war on Ukraine becomes too big to fail
By Jason MaFebruary 8, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.