Aliko Dangote tops Forbes Africa’s richest list for 7th straight year (Details, pics)

Alhaji Aliko Dangote remains Africa’s richest with a net worth of $12.2 billion, according to Forbes.

This is an increase of $100 million from his worth last year.

Dangote is the continental richest for the seventh year in a row. Other Nigerians on the African list are Globacom Chairman Mike Adenuga ($5.3 billion) adjudged the fifth richest in Africa and Mrs Folorunsho Alakija ($1.6 billion) rated the 15th richest in Africa.

Forbes said: “Dangote is looking beyond cement –his most valuable asset – and has been investing in a fertiliser production company and a large oil refinery. Dangote Fertiliser is expected to start operations in the second quarter this year.”

Following after Dangote in the African rich list is diamond mining heir Nicky Oppenheimer of South Africa ($7.7 billion) up $700 million last year.