Business & Finance
Aliko Dangote Nigeria
He is reportedly “the richest black man in the world”, coming in ahead of Oprah Winfrey and worth an estimated US$14bn. Dangote is impressive for his persistence and his great sense of business. In 1977, he got a loan of $3,500 from his uncle to start his business. Now he controls about 45% of Nigeria’s cement market and has large interests in sugar, flour and other consumables. Dangote is a modest family man. His
understated and gentle appearance hides a sharp mind and strong business acumen. He is undoubtedly one of Nigeria’s most influential business leaders and is chairman of a national committee to tackle unemployment. He has recently set his eyes on becoming the most important cement producer across Sub-Saharan Africa. Dangote is also spending more time on philanthropic activities, having launched a number of Afro-centric initiatives over the past year. He is determined to leave as much of a mark with his philanthropic heritage as he has done in business.
“Japanese businesspeople work for Japan, the British work for Britain. The success of the African renaissance in repositioning our part of the world, depends upon economic patriotism. South Africans have to work for South Africa. Black business people will have to become economic freedom fighters in the true sense of the word. There need to be greater opportunities for all, particularly in rural areas. Marx says if capital does not grow, it stagnates. We must see opportunities - and not only crises or global meltdowns.”
Tokyo Sexwale
Tokyo Sexwale South Africa
Donald Kaberuka Rwanda
Top 100 Africans
An ANC activist and political prisoner, Sexwale is today one of the country’s most successful business leaders and a popular politician. Despite stepping down as chairman of Mvelaphanda Holdings in 2009 to focus on politics, he is still a large shareholder and his company’s interests in oil and mining across Africa have continued to expand. Sexwale is a no-nonsense leader, a straight talker and tough negotiator and a firm believer in economic patriotism.
Having led Rwanda's post-war economic reconstruction, he is today President of the African Development Bank. Kaberuka has embarked on a series of reforms and has successfully positioned the bank as a leading institution in Africa. He is a proponent of home-grown solutions to African problems, making Africans responsible and accountable for their own development. He is also leading the way in making sure that Africa has a voice and is suitably represented at the highest tables in international discussions.
New African June 2011 | 17
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