Prominent West African trade officials participate in discussions on tariffs and economic policies.
Nigeria continues to dominate Africa’s wealth league, with Aliko Dangote still far ahead at $24.2 billion. Yet the year’s most eye-catching climb belongs to fellow countryman Abdul Samad Rabiu, whose stake in BUA Foods and BUA Cement boosted his fortune by $900 million to $6 billion, just shy of telecoms titan Mike Adenuga’s $6.3 billion. South Africa’s Patrice Motsepe holds fourth at $3.4 billion, while Zimbabwean telecom magnate Strive Masiyiwa rounds out the top five with $1.3 billion. The surge underscores a broader shift: African billionaires are accelerating wealth through diversified consumer, telecom, and industrial plays rather than solely natural resources. As global investors eye the continent’s growth, these moguls are reshaping both perceptions and pathways of modern African prosperity.
Business Insider Africa