The Top 10 Richest People In Africa | September 2026
Forbes' daily ranking on Sept. 1 puts Aliko Dangote at $31.4 billion and Nathan Kirsh second at $19.2 billion, ahead of Johann Rupert.
Aliko Dangote
Nigeria's oil refining just grew 43.94% and Aliko Dangote is the only reason
Nigeria's oil refining grew 43.94% in the second quarter, its strongest on record, as Dangote took 52.6 million barrels of crude.
Aliko Dangote could add $20 billion to his fortune in a single day in October
Bloomberg carries Dangote's refinery at construction cost. Pricing it at what investors paid in July adds $18.5 billion to his fortune overnight.
Nigerian billionaire Aliko Dangote cuts off petrol supply to marketers who import
Aliko Dangote's refinery has stopped selling petrol to marketers who also import, citing blending and quality. It lands while he is in court trying to cancel the import licences of six marketers and NNPC which says imports prevent monopoly pricing.
Aliko Dangote family office to launch in 2027 as investment hub
Aliko Dangote's Dubai family office will become visible in the first quarter of 2027, his daughter Halima says, taking on governance, capital management and philanthropy for a group built to survive eight to 10 generations.
Africa's richest man says fuel import licences are squeezing his Nigerian refinery
Dangote Refinery says imported petrol took 43% of Nigeria's market in July and that licences are still being issued despite ample local capacity.
Aliko Dangote to buy ships as Nigeria vessel shortage bites
Dangote plans to acquire its own ships after failing to find a vessel to move 1,000 tonnes of cement to Ghana, exposing Nigeria's export shipping shortage.
Aliko Dangote's refinery turned Nigeria from a fuel importer into an exporter to Europe
The US Energy Information Administration says Nigeria's seaborne petroleum product exports have grown seven-fold since 2023, driven entirely by output from Aliko Dangote's Lagos refinery.
President Paul Kagame says Rwanda wants a stake in Dangote's $16 billion Kenyan refinery
Rwanda's President Paul Kagame has confirmed his country is in early talks about taking a stake in Aliko Dangote's planned $16 billion Lamu oil refinery, saying Rwanda would be "very happy" to participate.
Aliko Dangote pledges $432,000 for a Lagos girls' hostel and jobs for first-class graduates
The Aliko Dangote Foundation has pledged ₦600 million for a girls' hostel at Lagos State University and jobs for first-class graduates.
Aliko Dangote offers Kenya a $500 million stake in $20 billion Lamu refinery as September groundbreaking nears
Aliko Dangote has offered Kenya a $500 million stake in his planned $20 billion Lamu oil refinery, with groundbreaking now targeted for September as East African governments weigh their participation.
Aliko Dangote is $5 billion richer since the Iran war closed the Strait of Hormuz
Aliko Dangote's Lagos refinery has become Europe's largest supplier of jet fuel and diesel since Iran closed the Strait of Hormuz.
Nigerian billionaire Aliko Dangote to run Kano vocational center in 20-year deal
The Nigerian billionaire has signed a 20-year deal with the Kano State Government to revive the Aliko Dangote Vocational Training Centre for young people.
Nigerian billionaire Aliko Dangote's refinery secures $1 billion backing ahead of planned IPO
Aliko Dangote's petroleum refinery has completed a $1 billion underwriting program, including a funded $600 million private placement, ahead of its planned initial public offering.
Dangote's sugar company raises $356 million in oversubscribed rights issue after years of losses
Aliko Dangote's Dangote Sugar Refinery has raised $356 million in an oversubscribed rights issue to cut debt and expand local production after years of losses.
Aliko Dangote's $5 billion refinery IPO will list in Nigeria alone for at least three years
Dangote's refinery has applied for a $5 billion IPO aimed at Nigerian retail investors, with no foreign listing for at least three years.