Browsing: Africa’s Billionaires

Folorunso Alakija has been dropped from Nigeria’s Forbes list of dollar- billionaires for a second year in a row according to a statement released by Forbes 2021 world billionaires on Tuesday.

The Nigerian Africa Billionaire businesswoman is involved in the fashion, Oil, real estate and printing industries. She is currently the group managing director of The Rose of Sharon  Group which consists of The Rose of Sharon Prints & Promotions Limited, Digital Reality Prints Limited and the executive vice-chairman of Famfa Oil Limited.

Nigeria the most populous country in Africa and the seventh most populous in the world with an estimation of 206 million inhabitants as of late 2019 with the largest economy in Africa has only three dollar-billionaires now.

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The current world dollar-billionaires in Nigeria according to Forbes are Chairman of Dangote group that spans a range …

Who is Othman Benjelloun

Othman Benjelloun is a Morrocan national born in 1931 in Casablanca, Morocco, Morocco. He is the president and CEO of Moroccan Bank for External Trade (BMCE Bank) which has a presence in more than 20 African countries making him one of Africa’s richest men.

A family man with two children, he is currently listed as the richest person in Morocco. Othman Benjelloun was born to a wealthy family that owned a huge Moroccan insurance company.

Today, that insurance company is called RMA Wataniya and is one of the largest financial institutions in North Africa.

He is also the head of FinanceCom which among other things is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies and truly deserved the title of, one of the wealthiest men in Africa.

The holding company FinanceCom has …