Billionaires

Explore the world of Africa’s wealthiest individuals. Shore Africa tracks billionaires, their businesses, and the industries driving their fortunes.

Supporting Content:
From net worth rankings to investment strategies, our Billionaires category provides insights into wealth creation and economic influence across Africa.

Latest Billionaires News

Abdul Samad Rabiu’s son, Khalifa, pockets $9.6 million dividend from BUA Foods

Khalifa Rabiu pockets a $9.6 million dividend as BUA Foods doubles its profit, driven by strong food sales and tight cost controls.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Abdul Samad Rabiu collects $337 million BUA Foods dividend

Abdul Samad Rabiu receives a record N467 billion ($337.3 million) dividend as BUA Foods doubles its payout on surging profits.

Omokolade Ajayi Omokolade Ajayi

Co-op Bank becomes Kenya’s fourth-most valuable company with $1.6 billion market cap under Gideon Muriuki

Co-op Bank overtakes EABL as Kenya's fourth-most valuable listed company after record profits, rising shares, and steady growth under Gideon Muriuki.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Femi Otedola’s First HoldCo stake tops $700 million as shares hit record high

Femi Otedola's First HoldCo stake surpasses $700 million as the lender's shares hit a record high ahead of half-year earnings.

Omokolade Ajayi Omokolade Ajayi

Aliko Dangote’s refinery raises $2.5 billion ahead of IPO

Dangote refinery raises $2.5 billion in private placement, strengthening finances ahead of IPO and accelerating expansion across global fuel markets.

Feyisayo Ajayi Feyisayo Ajayi

Africa’s 10 richest billionaires now worth $106.4 billion after $6.2 billion gain

Africa’s top 10 billionaires see their combined wealth jump to $106.4 billion, driven by massive stock market gains from Aliko Dangote and BUA Group.

Omokolade Ajayi Omokolade Ajayi

South African-British billionaire Clive Calder gains $1 billion in 4 months

Clive Calder’s net worth surged past $10 billion after a $1.02 billion gain in four months, reinforcing his status among Africa’s richest.

Feyisayo Ajayi Feyisayo Ajayi

Yas raises up to $308 million EBRD loan to expand infrastructure in Kenya, Senegal

AXIAN Telecom’s Yas secures a $308 million EBRD loan to expand 4G, 5G, and fiber infrastructure across Kenya and Senegal.

Omokolade Ajayi Omokolade Ajayi

Michiel Le Roux overtakes Motsepe, Bekker to become South Africa’s third-richest billionaire

Michiel Le Roux hits a $3.7 billion net worth, overtaking Patrice Motsepe and Koos Bekker to become South Africa's third-richest billionaire.

Omokolade Ajayi Omokolade Ajayi