Alhaji Aliko Dangote remains Africa’s richest with a net worth of $12.2billion, according to Forbes.
This is an increase of $100 million from his worth last year.Dangote is the continental richest for the seventh year in a row.
Following after Dangote in the African rich list is diamond mining heir Nicky Oppenheimer of South Africa ($7.7 billion) up $700 million last year.
“Dangote is looking beyond cement –his most valuable asset – and has been investing in a fertiliser production company and a large oil refinery. Dangote Fertiliser is expected to start operations in the second quarter this year.”