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
Egyptian billionaire Hisham Talaat Moustafa
BillionairesBusinessHot News

Egyptian billionaire Hisham Talaat Moustafa seals $202B mega-deal to build cities

Hisham Talaat Moustafa’s TMG has secured a historic EGP11 trillion ($202.3 billion) state deal to develop four mixed-use megaprojects across Egypt.

Omokolade Ajayi Omokolade Ajayi
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Aliko Dangote, Africa’s richest man and founder of Dangote Group.
BillionairesBusinessHot News

Nigerian billionaire Aliko Dangote takes stake worth $315 million in Kenya Pipeline Company

Nigerian billionaire Aliko Dangote buys a 25 percent stake worth over $315 million in Kenya Pipeline Company to expand East African energy assets.

Omokolade Ajayi Omokolade Ajayi
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Nigerian billionaire Tony Elumelu.
BillionairesBusinessHot News

After New York and Paris talks, Nigerian billionaire Tony Elumelu leads $15 billion West Africa infrastructure push

Tony Elumelu leads a $15 billion West Africa infrastructure push as investors target power, transport, trade and digital networks.

Omokolade Ajayi Omokolade Ajayi
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Aliko Dangote, Africa’s richest man and founder of Dangote Group
BusinessBillionaires

Aliko Dangote’s refinery draws investors across Africa

Africa’s richest man Aliko Dangote attracts investors from 51 African countries as his refinery reports $4.7 billion in nine-month profit.

Oluwatosin Alao Oluwatosin Alao
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Michael Ade-Ojo Custodian stake
BusinessBillionairesMarkets

Nigerian auto magnate Michael Ade-Ojo’s stake in Custodian drops to $60 million

Michael Ade-Ojo's Custodian stake falls to $60 million as shares retreat, despite stronger revenue and profit in H1 2026.

Timilehin Adejumobi Timilehin Adejumobi
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South Africa's richest man Johann Rupert
BusinessBillionairesMining

Johann Rupert’s Richemont eyes stake in De Beers takeover

De Beers' $2.3 billion valuation draws interest from Johann Rupert's Richemont and Signet as African diamond producers seek bigger stakes.

Oluwatosin Alao Oluwatosin Alao
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Leadership, vision, and strategic execution. Tony Elumelu flanked by Osa Igiehon and Samuel Nwanze
BillionairesBusinessEnergyHot News

Billionaire Tony Elumelu’s Heirs Energies transformed OML 17. Can Seplat be next?

Tony Elumelu’s Heirs Energies transformed OML 17. Can his incoming Seplat Energy chairmanship unlock billions in value and improve oil production?

Omokolade Ajayi Omokolade Ajayi
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Nigerian billionaire Tony Elumelu
BillionairesHot NewsInvestments

Nigerian billionaire Tony Elumelu urges investors in Paris to fund Africa’s future

Tony Elumelu challenges global financiers in Paris to invest directly in young African founders, moving past foreign aid into real enterprise.

Omokolade Ajayi Omokolade Ajayi
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Naguib Sawiris
InvestmentsBillionairesLatest

Billionaire Naguib Sawiris deepens Egypt gold bet with 5 new blocks as Wa’al nears key study

Billionaire Naguib Sawiris is expanding his Egypt gold portfolio with five new exploration bids as the Wa’al project nears a key study.

Feyisayo Ajayi Feyisayo Ajayi
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