Africa Has 55 Billionaires, a Pan-African Magazine Says

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Africa BillionairesAfrica has many more billionaires than previously reported, and 55 of them are worth more than $143 billion, says a pan-African magazine.

This includes a Nigerian woman whom is reported to be the richest black woman in the world!  “Move over, Oprah Winfrey”, says Ventures Africa.

The magazine’s figures are “on the conservative side.”, said Editor-in-Chief Uzodinma Iweala on Tuesday.Manufacturer Aliko Dangote, the Nigerian manufacturer, is said to be the richest African and worth $20.2 billion, among 20 Nigerians mentioned.

The youngest billionaires in the group, both at 38 years old, are Mohammed Dewji of Tanzania and Nigerian oil trader Igho Sanomi.

The oldest billionaires are Kenyan industrialist Manu Chandaria and Egyptian property tycoon Mohammed Al-Fayed, both aged 84.

Ventures Africa identified billionaires in only 10 of Africa’s 53 countries.  With nine billionaires in South Africa and eight in Egypt – Nigeria, South Africa and Egypt had the highest numbers of the…

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