Mike Adenuga (Chairman & CEO at Globacom) According to Forbes’s real-time billionaire ranking, Othman Benjelloun, at 91 years of age is the oldest billionaire on the African continent, and holds the 2050th position among the oldest billionaires in the world. He is followed closely by 82-year-old Christoffel Wiese, who ranks 2301th globally. The figures below represent the net worth of Africa’s oldest billionaires, as at January 22, 2024. RankNameAgeNetworthCountryIndustry1.Othman Benjelloun91$1.4 BillionMoroccoBanking and Insurance2.Christoffel Wiese82$1.2 BillionSouth AfricaRetail3.Issad Rebrab80$2.5 BillionAlgeriaFood4.Youssef Mansour79$1.3 BillionEgyptDiversified5.Nicky Oppenheimer78$9.4 BillionSouth AfricaDiamonds6.Mohamed Mansour75$3.3 BillionEgyptDiversified7.Michiel Le Roux74$1.2 BillionSouth AfricaBanking8.Johann Rupert72$10.2 BillionSouth AfricaLuxury goods9.Koos Bekker71$2.6 BillionSouth AfricaMedia and Investments10.Mike Adenuga70$7.0 BillionNigeriaTelecom and…
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The Obama Foundation Leaders programme – whose mission is to – inspire, empower and connect people to change their world – is looking for the next group of leaders. Currently operating in four regions (Africa, Asia-Pacific, Europe, and the United States) the programme supports potential leaders in learning values-based leadership skills, cultivating relationships with others, and creating lasting change in their communities. Applications are open until Friday, February 9, 2024 at 12 pm (US Central Time). Learn more about eligibility and apply at https://lnkd.in/gDfFukBr
The Department for Business and Trade is making a last call to UK companies to join in on its explorer delegation to Lagos Nigeria in February, describing it as an “opportunity for to access this exciting and rapidly growing market”! The fantastic programme line-up includes: Full market briefing and retail overview including legal/ IP/ Financial/ Marketing/ Property/ Leading and cross-border Meet-the-Buyer event with major Retail, Ecommerce and Beauty players Networking reception for cross-collaboration with the creative industries Visit to local manufacturing for innovative and sustainable collaborations Unlocking the potential and growing your brand in Africa with DBT! Interested UK companies should…
At the recently concluded CES 2024 (one of the most powerful tech events in the World), Elon Musk’s Tesla announced its 2024 Model X Plaid, an electric SUV that can fly. The Model X Plaid has four electric motors that generate a combined 1,200 horsepower, and four retractable wings that allow it to take off and land vertically. The vehicle is able to reach speeds of up to 300 mph in the air, and has a range of 500 miles on a single charge. Tesla says that the Model X Plaid is the ultimate transportation solution for the modern world.…
Travel writer, Alexandrea Sumuel: “Discover the Top 10 cities in Spain for digital nomads” Spain has launched a new visa program catering to digital nomads who seek to blend their remote work arrangements with travel. This program allows non-resident freelancers and remote workers to immerse themselves in Spanish culture, architecture, cuisine, and nightlife while staying connected to their jobs. According to the VisaGuide Digital Nomad Index – a comprehensive listing that evaluates and ranks countries based on their suitability for digital nomads – Spain is the top country for digital nomads, with a score of 4.50. Spain is followed by…
Dare Odumade (Founder, Chekkit) Chekkit Technologies Corp. has joined forces with the National Agency for Food and Drug Administration and Control (NAFDAC) and GS1 in an attempt to safeguard the food and drug supply chain across Africa and the Middle East. Says Chekkit founder & CEO, Dare Odumade: “Our labels with blockchain secured QR/ PIN are visible on several products today for you to scan the Quick Response code (QR) or dial the PIN on USSD to verify product authenticity. Verify 5 products, get N100 airtime instantly!” 🎥 Chekkit Chekkit’s plan to launch a Track & Trace SaaS platform early in Q1 2024 will ensure…
Odogwu ‘Dozy’ Mmobuosi Banye, tech entrepreneur and co-CEO at Tingo (an African-focused agritech startup listed on the US stock exchange), has temporarily stepped down following fraud charges filed against him by the US Securities and Exchange Commission (SEC). The company publicly announced this decision on Thursday, December 21, 2023. According to statement released by Tingo: “By mutual agreement with the Company’s Board of Directors, Mmobuosi will remain stood down until cleared of the allegations made against him.” Tingo’s other co-CEO, Ken Denos, will serve as its interim group CEO until further notice. Mmobuosi, in addition to three other US-based entities…
Justin Welsh 📸 Justin Welsh (self-described as ‘the diversified solopreneur, building his one-person business to $5M in revenue’) has just shared his eight best guesses on the creator economy headed into 2024:1. Top performers across the board will recognize an opportunity to make more money and have a much larger impact building their own brand & business than working for someone else. This will accelerate rapidly in 2024.2. At the same time, many people who have been spinning their wheels as creators for a few years (and failing) will give up and ditch social media altogether for mental health improvement.3.…
Eleora Ogundare (Founder, Eleora Beauty) 📸 Eleorabeauty.com Eleora Ogundare founded Eleora Beauty Inc. in response to the health challenges she was faced with. Born with sickle cell anemia, Eleora went through an excruciating stem cell transplant, as well as chemotherapy, which caused her to lose her hair. Despite successful intervention for her illness, having to live with hair loss caused Eleora’s self-confidence to plummet. But she dug deep, and instead decided to turn her challenges into action that would benefit anyone suffering the same dilemma as she had. 🎥 @eleorabautyinc With the help of her mother, she created the Eleora Beauty,…
Edith Chekwube Ezema (Plant Scientist and Organic Farmer) 📸Edith Ezema Africa has 60 percent of the world’s uncultivated arable land, with the agriculture sector accounting for 35 per cent of the continent’s GDP, while employing more Africans than any other sector. So why does the continent spend a staggering US$78 billion of scarce foreign currency on food imports each year, with some countries such as Zimbabwe, Guinea and Sudan exceeding 100 percent of their annual foreign currency receipts? As countries across sub-Saharan Africa grapple with the challenges of sustaining high levels of economic growth, plunging commodity prices, and the effects of climate…