Billionaires

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

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

Latest Billionaires News

Africa’s richest man Aliko Dangote loses $743 million in 24 hours

Africa’s richest man Aliko Dangote suffers a $743 million setback as NGX sell-offs trim his fortune to $33.5 billion.

Omokolade Ajayi Omokolade Ajayi

Airtel Africa gets $150 million IFC financing to expand digital infrastructure across Africa

Airtel Africa secures $150 million IFC loan to expand networks, boost connectivity, and drive digital inclusion across underserved markets.

Feyisayo Ajayi Feyisayo Ajayi

Elon Musk loses trillionaire status again after $66 billion wipeout in one day

Elon Musk drops below $1 trillion net worth as a single-day SpaceX stock selloff erases $66 billion from his fortune.

Omokolade Ajayi Omokolade Ajayi

Vista Equity backs Together AI in $800 million funding as open-source AI gains ground

Vista Equity joins $800 million Together AI round, valuing startup at $8.3 billion as demand rises for lower-cost, open-source AI infrastructure.

Feyisayo Ajayi Feyisayo Ajayi

Cameroon’s richest man Baba Ahmadou Danpullo takes on aviation with $871 million investment

Baba Ahmadou Danpullo plans a massive $871 million aviation venture to challenge state-owned airlines and build new airports in Cameroon.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Tony Elumelu reveals the single quality every African founder needs

Nigerian billionaire Tony Elumelu shares the one crucial quality every African entrepreneur needs to build lasting institutions.

Omokolade Ajayi Omokolade Ajayi

10 richest mining tycoons in South Africa

South Africa’s top mining tycoons shape global markets, driving growth across energy, finance, and infrastructure sectors.

Feyisayo Ajayi Feyisayo Ajayi

Dis-Chem founders become South Africa’s newest billionaire family with $1.3 billion fortune

Dis-Chem founders Ivan and Lynette Saltzman become South Africa's newest billionaires with a $1.3 billion retail empire.

Omokolade Ajayi Omokolade Ajayi

Egypt’s state-owned El Nasr Automotive boosts industry with China deal

Egypt revives El Nasr Automotive with FAW Group to produce new cars, expand EV manufacturing, and reduce vehicle imports.

Omokolade Ajayi Omokolade Ajayi