Billionaires

Wealth in Africa is growing, and with it, a new generation of potential leaders is emerging. African billionaires, from Nigeria to South Africa, are increasingly focused on preparing their heirs to take over businesses, manage complex wealth, and sustain their family legacies. This preparation goes beyond formal education, it involves…

Africa’s economic narrative often focuses on its traditional sectors, such as oil, minerals, and agriculture. However, a quieter transformation is happening across the continent. Economists and investors believe that the Africa next billionaires will likely come from industries that are still in their early stages rather than from traditional sectors.…

Forbes Magazine has published its latest Africa Rich List, and the familiar names are back. Aliko Dangote sits at the top as Africa’s wealthiest individual, his fortune pegged at $28.5 billion. Abdul Samad Rabiu holds third place at $11.2 billion. Mike Adenuga ranks sixth with $6.5 billion, and Femi Otedola…

In 2026, the continent’s 23 billionaires hold a combined $126.7 billion, marking a 21% increase from 2025. Together, they added $20.3 billion to their fortunes in just one year, helped by strong stock market performance, firmer regional currencies, and growth across key sectors such as manufacturing, mining, telecoms, and retail.…

Dimension Data Nigeria is a top provider of digital infrastructure and solutions. The company raised ₦20 billion through a bond program. The program was aimed at speeding up digital infrastructure development and supporting the fast growth of Nigeria’s digital economy. This capital raise was conducted under Dimension Data SPV Funding…