Africa is a continent where women are generally not allowed freedom to exercise their experience and ideas when compared to their western counterparts. Though with the influx of higher standards of education, African women are beginning to experience freedom and
the opportunity to become more enterprising.
Ten women have proven their worth, standing out to become the TOP 10 RICHEST WOMEN IN AFRICA and employers of thousands of people through companies and ventures that they manage.
This list profiles the top 10 wealthiest women in the African continent.
10. Elisabeth Bradley
Elisabeth Bradley, whose father, Albert Wessels brought Toyota to South Africa in 1961, sits comfortably on more than $32 Million. Her source of wealth is from investments in companies and assets. She is also the vice-chairman of Toyota South Africa Limited, a board member at blue chip companies such as Standard Bank Group, Hilton Hotel and Roseback Inn and a director of AngloGold.
9. Sharon Wapnick
With a new worth of $43.1million, Wapnick is one of the largest individual shareholders in listed loan stock companies Octodec Investments and Premium Properties, which were both founded by her father, Alec. She is also a partner at TWB Attorneys, a Johannesburg-based commercial law firm. Her fortune was made in investments and real estate.
8. Bridget Radebe
56 year old Bridget Radebe is the founder of the successful mining company, Mmakau Mining in South Africa with operations in gold, platinum, uranium, coal, chrome mining and exploration. She stated out her successful line by first becoming a mine worker herself, overcoming gender and inequalities. Radebe has a net worth of about $69.4million.
7. Irene Charnley
Irene Charnley is a 52 year old South African and a former trade unionist with a net worth of mouth watering $150million. Irene is the CEO of Smile Telecom, a telecommunications product company working out of Mauritius. She spearheaded MTN’s expansion across Africa and beyond, and played a major role in acquiring Nigerian and Iranian operating licences for the company.
6. Wendy Ackerman
A south African retail tycoon, non-executive Director of Pick ‘n’ Pay holdings limited, Wendy is worth $190.2million. She runs the Ackerman Family trust. Her husband owns about 50 % of the major South African grocery chain Pick ‘n’ Pay. The $3billion South African company has outlets in Nigeria, Zimbabwe, Australia, Namibia, Zambia, Mozambique, with Ackerman acting as executive director.
5. Wendy Appelbaum
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Wendy is South African millionaire who became a director of her father’s insurance and real estate company: Liberty Investors. In her philanthropic nature, she has donated more than $23million to pursuing the cause of Gordon Institute of Business Science and the Donald Gordon Medical Centre, in memory of her father. Wendy Appelbaum’s net worth as of early 2012 is estimated at $259.3 million.
4. Hajia Bola Shagaya
Hajia Bola Shagaya has been managing director of Practoil Limited, which is one of the largest importers and distributors of oil in Nigeria. According to her official site, she has also been on the board of Unity Bank Pic for over eight years. She is the founder and CEO of Bolmus Group and International which is a diversified Nigerian conglomerate company, she also has interests in the oil sector, real estate, communications and photography. As of 2015, she has a net worth of $600 million.
3. Ngina Kenyatta
Mama Ngina Kenyatta is the mother of Uhuru Kenyatta, the fourth and the current president of Kenya. She is the wife of Jomo Kenyatta, the first president of Kenya. She holds a vast collection of prime real estate her husband acquired in the 1960s and the 1970s during a British colonial government and world-bank sponsored settlement transfer scheme, which allowed government officials and rich Kenyans to acquire land from British colonialists at cheap prices. She has a net worth of $1billion.
2. Folorunsho Alakija
Folorunsho Alakija is a 63-year-old self-made billionaire. She pursued secretarial studies and fashion design in London when she was a young woman. After coming back to Nigeria, she worked as an executive secretary for many companies for sometime. Then she founded her own tailoring company, Supreme Stitches. The company quickly rose to prominence among Nigeria’s high society. Today she controls Famfa Oil, which pumps out 200,000 barrels a day. She has a net worth of $1.76billion.
1. Isabel Dos Santos
Isabel dos Santos is the richest woman in Africa. She is the eldest daughter of Angola’s longtime president Jose Eduardo dos Santos. This 41-year-old billionaire is currently working on expanding her stable of investments. She is a controlling stakeholder in Portugal Telecom Company Nos SGPS. Isabel dos Santos owns around 19 percent of Portuguese bank Banco BPI. Jose Eduardo dos Santos has transferred stakes in many companies to his daughter. Her holdings in Angola include 25 percent of Unitel, and a stake in Banco BIC. Unitel is the largest mobile carrier in Angola. She has a net worth of $3.3billion.