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
Nigerian billionaire businessman Tony Elumelu.
Featured

Nigerian billionaire Tony Elumelu’s Seplat stake climbs to $934 million, nears $1 billion

Tony Elumelu’s Seplat stake hits $934 million as shares rally, nearing $1 billion amid strong investor demand.

Omokolade Ajayi Omokolade Ajayi
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Mike Teke, chairman of Seriti Resources Holdings and Masimong Group, leading South Africa’s energy and investment sector.
Exclusive

Meet Mike Teke: Ex-teacher leading South African multibillion-rand energy group

Ex-teacher Mike Teke leads Seriti Resources and billion-dollar Masimong Group shaping South Africa’s energy sector.

Omokolade Ajayi Omokolade Ajayi
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Aliko Dangote, president of Dangote Group
Aliko Dangote

Africa’s richest man, Aliko Dangote, to pocket $490 million from Dangote Cement

Aliko Dangote set to receive $490 million dividend from Dangote Cement as profits top N1 trillion and expansion accelerates.

Omokolade Ajayi Omokolade Ajayi
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Nigerian billionaire businessman Tony Elumelu.
Featured

Elumelu’s Heirs Energies Holds $800m Seplat Stake as Stock Hits Historic N10,000

Months after Tony Elumelu’s $500 million, Seplat Energy becomes first NGX stock to cross N10,000 per share.

Editorial Team Editorial Team
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Taifa Gas deal
Featured

Tanzanian billionaire Rostam Aziz’s Taifa Gas buys into Songo Songo field as Orca exits

Taifa Gas, owned by Tanzanian billionaire Rostam Aziz, acquires 49% of PanAfrican Energy Tanzania as Orca exits Songo Songo gas field deal.

Feyisayo Ajayi Feyisayo Ajayi
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Nigerian billionaire businessman Tony Elumelu.
Featured

Nigerian billionaire Tony Elumelu’s Seplat stake tops $800 million as shares climb

Nigerian billionaire Tony Elumelu’s Seplat stake surpasses $800 million as oil rally and earnings lift shares.

Omokolade Ajayi Omokolade Ajayi
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OCI Global Methanex exit strategy
AGROFERT nitrogen expansion

OCI Global finalizes sale of ammonia unit to AGROFERT in $335 million deal

OCI Global sells ammonia unit to AGROFERT for $335 million, advancing portfolio reshaping while securing continued supply access.

Feyisayo Ajayi Feyisayo Ajayi
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Africa richest billionaires 2026
Africa richest billionaires 2026

Africa’s top five billionaires worth more than $10 billion

Africa’s $10 billion titans, five richest men, surpassing $90 billion in combined wealth, shaping industries, driving growth and influencing global markets.

Feyisayo Ajayi Feyisayo Ajayi
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Natie Kirsh, Eswatini and South African billionaire and majority owner of Jetro Holdings.
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South African billionaire Natie Kirsh enters top 200 richest after $29 billion sale

South African billionaire Natie Kirsh joins top 200 richest after $29 billion Jetro sale to Sysco, boosting his net worth to $15 billion.

Omokolade Ajayi Omokolade Ajayi
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