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Dangote remains Africa’s richest person for 9th consecutive year

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President/CEO of Dangote Group, Alhaji Aliko Dangote is still Africa’s richest person for the ninth time in a row, as disclosed in Forbes Africa’s Billionaires list for 2020.

The recently released list captured only eight African countries with billionaires; Egypt and South Africa have five billionaires each, followed by Nigeria with four and Morocco with two.

The Nigerian-born businessman maintained the number spot on the list with a net worth of $10.1 billion, beating Egyptian billionaire, Nassef Sawiris who took the second spot with a net worth of $8 billion. Dangote made his fortune from cement, oil and gas, flour and sugar.

Mike Adenuga who is Nigeria’s second richest man tied at the third spot with South Africa’s Nicky Oppenheimer with a net worth of $7.7 billion. Adenuga made his fortune from banking, oil production and telecom. His mobile phone network, Globacom is Nigeria’s third-largest operator.

South African businessman and Chairman of Swiss luxury goods firm Compagnie Financiere Richemont, Johann Rupert took the 5th spot with a net worth of $6.5 billion. His company is best known for its brands, Cartier and Montblanc.

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Nigeria’s richest woman, Folorunsho Alakija took the last spot on the list with a net worth of $1 billion.

See the full list below:

Aliko Dangote $10.1 billion

Nassef Sawiris $8 billion

Mike Adenuga $7.7 billion

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Nicky Oppenheimer $7.7 billion

Johann Rupert $6.5 billion

Issad Rebrab $4.4 billion

Mohamed Mansour $3.3 billion

Abdulsamad Rabiu $3.1 billion

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Naguib Sawiris $3 billion

Patrice Motsepe $2.6 billion

Koos Bekker – $2.5 billion

Yasseen Mansour – $2.3 billion

Isabel dos Santos – $2.2 billion

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Youssef Mansour – $1.9 billion

Aziz Akhannouch – $1.7 billion

Mohammed Dewji – $1.6 billion

Othman Benjelloun – $1.4 billion

Michiel Le Roux – $1.3 billion

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Strive Masiyiwa – $1.1 billion

Folorunsho Alakija – $1 billion

 

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Afronita’s mum was against me managing Endurance Grand alongside her daughter – Quables

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Quables, the co-founder of DWP Academy, recently addressed the departure of Afronita, a core member of the dance academy, during an interview with Kwadwo Sheldon. (more…)

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let’s be thankful for the Peace we’re enjoying; war can devastate a nation – ACP Kofi Sarpong to Ghanaians

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Renowned Ghanaian Gospel singer, ACP Kofi Sarpong has urged Ghanaians to maintain the peace they are currently enjoying, stressing the detrimental effects of war on a nation’s economy and societal fabric.  (more…)

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Train crash: Truck driver receives 6-month Jail sentence

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The Juapong Circuit Court has sentenced Abel Dzidotor, a 41-year-old truck driver, to six months in jail after he admitted guilt to three charges. (more…)

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Kofi Kinaata Declares No Interest in Rap Beef; Focuses on Setting Positive Example

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Multiple award-winning Highlife singer and songwriter, Martin King Arthur, otherwise known as Kofi Kinaata has firmly stated his disinterest in participating in any form of lyrical confrontation with fellow musicians, commonly referred to as rap beef.  (more…)

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Musical Unity: Rocky Dawuni Encourages Artistes to Work Together, Not Against Each Other

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Ghanaian Reggae luminary, Rocky Dawuni has called on fellow musicians to steer clear of conflict and rivalry within the industry. (more…)

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Truck driver arrested following train crash on Tema-Mpakadan railway line

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The Ghana Police Service has arrested the driver of a Hyundai truck, who allegedly abandoned his truck on the Tema-Mpakadan railway line, leading to a train crash on Thursday. (more…)

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