Nigerian billionaire Aliko Dangote has topped the 2022 list of Africa’s richest persons for the 11th year in a row, Forbes magazine said in a report. Forbes attributed the growth to a 30% increase in the stock price of Dangote Cement, his most valuable asset. Jumping into the number two from the list, spot–up from number four last year–was luxury goods magnate, Johann Rupert of South Africa. The biggest gainer in percentage terms–up 125 per cent was Strive Masiyiwa of Zimbabwe, worth $2.7 billion, up from $1.2 billion last year. All of the continent’s billionaires were men; the last woman to appear in the ranks, Isabel dos Santos of Angola, fell off the Forbes list in January 2021.

Source: The Guardian January 26, 2022 06:54 UTC