Browsing: Richest man in Africa

The 19 Aliko Dangote Businesses. www.theexchange.africa

The global fertilizer market has been shaken, and the Governor of the Central Bank of Nigeria, Godwin Emefiele, said that the plant is timely and will help Nigeria solve a perennial fertilizer problem.

The new fertilizer plant will produce 3 million metric tonnes annually, with Buhari expecting a boom as fertilizer is now readily available in more significant quantities and better quality. The head of state encouraged Nigerians to take up agriculture as a business, saying that he expects the rise of a new breed of agropreneurs who will add value to farming and make the nation self-sufficient in food production.”

Dangote said that fertilizer from the plant would be exported to many countries, including the United States, Brazil, Mexico, and India.…

  • On average, the continent’s billionaires are worth $4.7 billion now compared to the $3.4 billion in 2014
  • Aliko’s wealth has been increasing exponentially, from $10.1 billion in 2020, $12.1 billion in 2021, and 13.9 billion in 2022
  • Nigerian Abdulsamad’s worth has risen from $3.1 billion in2020 to $7 billion in 2022, arguably the best performer on the list.

The African economy is not doing so well. But that does not mean so are all the people on the continent!

Aliko Dangote, a business magnate in Nigeria, has topped the 2022 Forbes list of the richest men in Africa for the eleventh consecutive time.

Despite the Coronavirus pandemic, the continent’s 18 billionaires’ combined worth is 15 per cent more than it was in 2021, standing at roughly $84.9 billion.

On average, the continent’s billionaires are worth $4.7 billion now compared to the $3.4 billion in 2014.

Soaring stock prices across sub-Saharan …