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Business News of Thursday, 20 March 2025

    

Source: www.ghanawebbers.com

From Industry to Innovation: Africa’s 5 richest billionaires in 2025 

In 2025, Africa's wealth landscape is shifting, with a new cohort of billionaires emerging from diverse sectors. At the forefront is Aliko Dangote, whose cement empire continues to thrive, solidifying his status as the continent’s richest individual. Following him are notable figures like Nicky Oppenheimer and Johann Rupert, both leveraging their investments in various industries to maintain substantial fortunes.

However, the spotlight increasingly shines on tech innovators such as Strive Masiyiwa and Iyinoluwa Aboyeji. These entrepreneurs are significantly impacting Africa’s digital economy through advancements in telecommunications and fintech. Their success underscores a broader trend: the rise of innovation-driven wealth generation across the continent.

As African economies evolve, the profiles of its wealthiest individuals reflect this transformation—transitioning from traditional industries to technology and innovation hubs. This shift not only highlights individual achievements but also points toward a burgeoning entrepreneurial spirit that could drive sustainable growth in Africa's future economic landscape.