TANZANIA’S PATRICK NGOWI: STARTED BUSINESS AT 15YRS, NOW AT 28 HAS $8MILLION COMPANY

August 28, 2013.Reading time 14 minutes.

It’s 1:15 pm on a blistering hot Wednesday afternoon in Dar Es Salaam. Patrick Ngowi is seated in the lobby of the Hyatt Regency Hotel, patiently waiting for me to keep up with our lunch appointment. We had planned to meet for 12:30, but I had lost track of time. “You are finally here, my […]

AFRICA’S BILLIONARES

March 26, 2013.Reading time 11 minutes.

This year, a record 1,426 billionaires made it to FORBES’ annual ranking of the world’s richest people. African billionaires occupied a little over 1% of the positions on the list. Here are the 20 Africans who made the cut: Aliko Dangote, $16.1 billion Nigerian. Sugar, Cement, Flour Nigerian-born Aliko Dangote retains his position as Africa’s richest man […]