Ramatoulaye Diallo Shagaya Managing Director, Orange Finances Mobile Services Sonatel

By Duchess Magazine

Ramatoulaye Diallo Shagaya is the Chief Executive Officer of Orange Finances Mobiles Sénégal, based in Dakar, Senegal.

She is an award-winning leader, entrepreneur, and executive coach. With over 20 years of experience in her profession, she has built and elevated some of Africa’s leading enterprises in telecommunications, digital financial services, entrepreneurship development, venture capital, and private equity.

She has also helped steer digital and financial inclusion, improve entrepreneurial skills, and access to capital for millions of African consumers and entrepreneurs.

In 2018, she was appointed as the Chief Executive Officer of Orange Finances Mobiles Sénégal (OFMS), the leading mobile money provider under the brand Orange Money.

This is an independent fully-owned subsidiary of Groupe Sonatel, a telecommunications conglomerate, itself a part of Groupe Orange. She also saddles as the Director of Digital Financial Services for Sonatel across a footprint spanning Sénégal, Mali, Guinea, Guinea Bissau, and Sierra Leone. 

Before her appointments, Ramatoulaye spent 5 years as a telecommunications executive and an e-commerce entrepreneur. She was a treasurer and Deputy Director, of Corporate Finance and Risk Management at Etisalat Nigeria (now 9Mobile), the Nigerian subsidiary of a leading Middle Eastern telecommunications provider. She also launched her ventures in online retail targeting the middle class in Nigeria.

Ramatoulaye has also spent 6 years between (2004 to 2010) finding and helping high-growth homegrown African entrepreneurs. Her main roles included being the Founding Managing Director of Endeavor South Africa, a venture capital and entrepreneurship development organization.

The early part of her career was in Investment Banking and Private Equity as an asset management intern at Goldman Sachs, a Corporate Finance analyst at Morgan Stanley, and an Investment Officer at Emerging Capital Partners. In that position, she invested in the rise of mobile telecommunications and other technologies on the continent.      

Rama has an MBA from Harvard Business School and a BA magna cum laude in Mathematics & Economics from Bryn Mawr College. Rama also holds a Diploma in Practitioner Coaching and Leadership Development.

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