Dangote remains Africa’s richest person

For the ninth time in a row, Nigerian businessman and CEO, Dangote Group, Aliko Dangote, has topped the Forbes list for African billionaires.

The 62-year-old billionaire was recently named the world’s 23rd richest billionaire, jumping 20 spots on the scale from his previous 43rd position among the elite club of the world’s richest people.

Forbes said the list captures only eight African countries with billionaires; Egypt and South Africa have five billionaires each, followed by Nigeria with four and Morocco with two.

Maintaining the number one spot with a net worth of $10.1 billion, Mr Dangote who has vast investment interests in cement, sugar, flour and beverages edged Egyptian billionaire, Nassef Sawiris, whose net worth is pegged at $8 billion.

Mr Sawiris’ most valuable…

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