Four Businessmen Control Africa’s Wealth, Richer than Half the Continent

Four businessmen control Africa’s wealth, richer than half the continent

According to the latest Oxfam report, the four richest men in Africa today own more wealth than half of the continent's 750 million inhabitants. The total value of their assets is estimated at 57.4 billion US dollars. The richest among them is Aliko Dangote from Nigeria, who made his fortune in the cement, food products and fertilizer industries. His company Dangote Group operates in numerous countries in sub-Saharan Africa, and it is estimated …

Africa’s Inequality Crisis: A Few are Growing Richer Amid a Rising Army of Poor People

It’s just after sunrise in the hills of Kapchorwa, eastern Uganda. A smallholder farmer, barefoot and bent over with age, tends to her coffee shrubs. She’s been growing the crop... The post Africa’s Inequality Crisis: A Few are Growing Richer Amid a Rising Army of Poor People appeared first on CEO East Africa.