Tuesday, October 25, 2011

Question of the Week - Part 2: "Are there rich people in Africa?"


I'm a bit late posting this question, like two weeks late. This is from someone in Korea.

Question: Are there rich people in Africa?

Answer: Yes. Plenty. I know several Western news media tend to mostly show Africans in poverty (which there's a lot of that, too), but they also forget that several African countries are leaders in production of some resources we take for granted, like gold, diamonds, oil, to name a few. Of course, where is all this money going? Mainly to the African businesses owned by Africans, of course!

The wealthiest black person on the planet is Nigerian and lives in Nigeria. His name is Akilo Dangote, founder and owner of one of Africa's largest multinational conglomerates, Dangote Group. I mentioned him before on my blog in regard to solar energy in Africa, particularly in Angola, South Africa and Nigeria.

There's a list of the wealthiest Africans on TheRichest.org, and Akilo Dangote is, of course, at the top.

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