Cement Is the New Oil as Africa’s Richest Man Takes on Lafarge

(Bloomberg) – Africa’s richest man is pushing to dominate its market for cement, the material at the heart of the continent’s infrastructure boom. All that stands in his way is the world’s biggest cement maker, a flood of low-priced imports, the threat of slowing growth Read More


Nigeria’s Ventures Magazine Lists 55 Billionaires

[BBC] Africa has 55 billionaires, far more than previously thought, Nigeria-based Ventures financial magazine says. They include three women – the mother of Kenya’s president, a daughter of Angola’s president and a Nigerian oil tycoon and fashion designer. The richest man is Nigeria’s Aliko Dangote, Read More