Without mincing words, women are competing favourably with their male counterparts.
The world is no longer dominated by men, there are also women of substances who are very rich and wealthy.
In this article, let’s have a look at top richest and wealthiest women in Africa and their current networth.
Isabel Dos Santos – $2.8 billion in Net worth
Isabel Dos Santos is Africa’s richest woman. The 47-year-old is the wealthiest daughter of Angola’s President, José Eduardo dos Santos. She serves on the boards of several companies in Angola and Portugal, including a news organization and major Portuguese banks with oil and gemstone holdings.
She also owns Ciminvest, an Angolan cement company, and Banco Africano de Investimentos. She owns more than 14% of Zon Multimedia, a Portuguese media conglomerate. She also owns large stakes in the Portuguese banks Banco Esprito Santo and Banco Português de Investimento, as well as the energy company Energias de Portugal.
Her investments have enabled her to become the first African woman to surpass the $1 billion mark. According to Forbes, there is no clear-cut evidence of how she obtained her money based on how business is handled in Angola in relation to the ruling party. Nothing can alter the fact that Isabel Dos Santos is Africa’s richest woman.
Folorunsho Alakija – $1.54 billion in Net worth
Folorunso Alakija, 66, is a Nigerian billionaire and Africa’s second richest woman, trailing only Dos Santos. The fashion icon and CEO of FAMFA Oil, a gas and oil exploration and production company, is now worth over $600 million.
She was secretary of the former International Merchant Bank of Nigeria, one of West Africa’s first financial institutions, in the 1970s. She chose to study fashion design in the United Kingdom before launching her Nigerian fashion label, Supreme Stitches, in 1985, and in less than a year, she had become the country’s most prominent designer.
Ngina Kenyatta – $1 Billion Net Worth
Ngina Kenyatta, also known as Mama Ngina, is the widow of Kenya’s first president, Jomo Kenyatta, and one of Africa’s wealthiest women. Despite her undisclosed wealth, she cannot be overlooked on this list.
Mama Ngina, who is now more reclusive after defending and promoting the family’s business interests in banking, farming, education, insurance, hospitality, manufacturing, and real estate, has earned the respect of Kenyan residents for her role in defending and promoting the family’s business interests in banking, farming, education, insurance, hospitality, manufacturing, and real estate.
Mama Ngina Kenyatta now oversees a variety of investments, holdings, and portfolios. She has a significant stake in Commercial Bank of Africa (CBA), one of Kenya’s largest privately held banks, as well as a hotel chain (Heritage). Brookside Dairies, an East African dairy sector behemoth with a market share stretching from East Africa to the Middle East, is among those on the list.
Hajia Bola Shagaya – $630 million in Net worth
Bola Shagaya, 61, is a Nigerian businesswoman who is one of the country’s wealthiest women. She is the founder and Chairman of Bolmus Group International, a multinational Nigerian corporation with interests in oil, real estate, finance, and communications. She also serves as a co-chair of Unity Bank PLC.
Her holdings include real estate, banking and finance, and oil and gas. She owns hundreds of townhouses in Nigeria’s most affluent neighborhoods, as well as property in Europe and the United States.
She is also a member of the National Economic Partnership for Africa’s Development (NEPAD), a commercial organization based in Nigeria.
Wendy Appelbaum – Net worth of $259.3 million.
Wendy, 58, is a South African businesswoman who works for her father’s insurance and real estate company, Liberty Investors. Donald Gordon’s only daughter is Appelbaum, a South African millionaire.