Africa’s richest man Aliko Dangote bounces back with $400-million single-day surge after $300-million setback
Dangote is the founder and chairman of Dangote Group.
Nigerian billionaire
Abdul Samad Rabiu’s net worth skyrockets to $8.2 billion, now closer to being Africa’s third-richest person
Rabiu is also one of the continent’s most prominent philanthropists.
Nigerian tycoon Tony Elumelu’s UBA stake plummets $4.1 million in just three weeks
Elumelu has seen a sharp decrease in his net worth in the past three weeks.
Africa’s richest man Aliko Dangote sustains $51.9-million loss in 24 hours after gaining $100 million
Dangote’s net worth stands at an astounding $19.6 billion.
Nigerian billionaire Benedict Peters set to receive African Philanthropist Award in Rwanda
Peters has more than 30 years of successful business leadership experience.
Femi Otedola regains spot on Africa’s richest list as stake in Geregu Power nears $2 billion
Otedola joins a select group of African billionaires whose holdings in publicly traded companies exceed $1.5 billion.
Nigerian billionaire Mike Adenuga’s net worth declines by $100 million in 43 days
Despite recent wealth decline, Adenuga’s net worth is up $500 million YTD.
Aliko Dangote inches closer to $20-billion net worth milestone as Dangote Cement shares surge
The surge in Dangote’s net worth cements his dominance as the wealthiest person on the continent.
Femi Otedola’s Geregu poised to transform Nigeria’s power industry with 1,300 MW surge
Otedola’s Geregu Power is the eighth most valuable company on the Nigerian Exchange.
Nigerian billionaire Mike Adenuga gains $22 million from stake in oil firm, Conoil
Adenuga is the founder of leading telecom service provider Globacom.
Aliko Dangote’s sugar business reports impressive performance as profit surpasses $110 million in 2022
Dangote Sugar Refinery is a leading sugar business.
Nigerian billionaire Abdul Samad Rabiu’s net worth skyrockets to $8 billion, eyes Africa’s top 3 richest spot
Rabiu is also set to receive a dividend of $198 million.
10 richest African billionaires in 2023
African billionaires are bouncing back in 2023, after a challenging 2022 marked by significant losses in their net worth.
5 African countries with lower government spending than Aliko Dangote’s $640-million dividend
Dangote’s dividend exceeds the yearly government expenditures of these five African countries.
Africa’s richest man Aliko Dangote to receive $640.6-million dividend from his cement business
The dividend is higher than the annual government expenditures of Rwanda, Burkina Faso, and Malawi.
Nigerian billionaire Abdul Samad Rabiu to pocket $198-million dividend from BUA cement
Rabiu holds a 96.3-percent ownership stake in BUA Cement.