On International Womens Day – March 8, 2017 – we take a look at the richest women on the African continent according to the 2017 Forbes magazine rich list.
According to the list only two African women are billionaires. They are Isabel dos Santos, the oldest daughter of Angola’s longtime president, José Eduardo dos Santos and Nigerian oil magnate Folorunsho Alakija.
Isabel dos Santos, 43, made her fortune from investments in Angola’s state oil firm while 66-year-old Folorunsho Alakija made the vast majority of her wealth from oil exploration.
Read below how these inspirational women amassed their fortune;
Folorunsho Alakija – Real Time Net Worth As of 3/8/17 – $1.63 Billion
Folorunsho Alakija is the vice chair of Famfa Oil, a Nigerian oil exploration company that has a 60% participating interest in block OML 127, part of Agbami field, one of Nigeria’s largest deepwater discoveries. Its partners include Chevron and Petrobras.
Her first company was a fashion label that catered to Nigeria’s elite women, including the wife of former military president, Ibrahim Babangida, who awarded Alakija’s company an oil prospecting license.
Source: Daily Graphic