Aliko Dangote continues to dominate Africa's business landscape, building an impressive industrial empire across petroleum, cement, sugar, and multiple other sectors. His massive wealth showcases the power of strategic investments and smart industrial growth.
The Forbes 2025 African billionaire ranking reveals a booming continental wealth scene. Twenty-two billionaires have amassed a combined fortune of US$105 billion, jumping significantly from last year's US$82.4 billion total with just 20 billionaires.
The wealth map shows interesting geographical spreads. South Africa leads with seven billionaires, Nigeria and Egypt each claim four, and Morocco follows with three. Tanzania, Algeria, and Zimbabwe round out the list with one billionaire each.
Dangote remains Africa's wealthiest individual for the 14th straight year, with his net worth rocketing from US$13.9 billion to an impressive US$23.9 billion. The substantial jump stems largely from Forbes recognizing the value of his newly operational refinery near Lagos, which kicked into gear after years of anticipation.
The Forbes 2025 African billionaire ranking reveals a booming continental wealth scene. Twenty-two billionaires have amassed a combined fortune of US$105 billion, jumping significantly from last year's US$82.4 billion total with just 20 billionaires.
The wealth map shows interesting geographical spreads. South Africa leads with seven billionaires, Nigeria and Egypt each claim four, and Morocco follows with three. Tanzania, Algeria, and Zimbabwe round out the list with one billionaire each.
Dangote remains Africa's wealthiest individual for the 14th straight year, with his net worth rocketing from US$13.9 billion to an impressive US$23.9 billion. The substantial jump stems largely from Forbes recognizing the value of his newly operational refinery near Lagos, which kicked into gear after years of anticipation.
