These Are The African Millionaires To Watch In The Next 10 Years

16 Jul 2013 by Jasmine Stone in Money

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The future Bill Gates is among us.

Imagine being considered a millionaire before you’ve reached your 40’s? These strong-minded, young African entrepreneurs have gone with their gut and landed up in the category we all wish and dream about. Here they are, from Forbes itself, the African Millionaires to watch out for.

Mohammed Dewji

Country: Tanzania

Age: 38

Source: Manufacturing

This businessman and politician is the leading shareholder of one of the largest industrial conglomerates in East Africa –  Mohammed Enterprise Limited (METL) has an annual turnover of about R20 billion a year.

Igho Sanomi

Country: Nigeria

Age: 38

Source: Oil Trading

Sanomi founded the Taleveras Group in 2004. It’s an energy trading company that trades over 100 million barrels of crude oil.

Quinton van der Burgh

Country: South Africa

Source: Mining

Age: 36

Founder and chairman of Quinton van der Burgh Investments, a holding company of Eyethu Coal.

Gerald Wamalwa

Country: Kenya

Age: 28

Source: Engineering & Construction

Wamalwa quit his job to start what is now one of East Africa’s leading construction and infrastructure engineering companies called Mellech Engineering & Construction. The company grosses over R1 billion a year.

Sibongile Sambo

Country: South Africa

Age: 39

Source: Private Aviation

Sambo is the founder of SRS Aviation which started in 2004. The company, which refused to let Forbes know their annual revenue, is rumoured to turn over around the billion mark.

 

Alan Knott-Craig Jr

Country: South Africa

Age: 36

Source: Technology, Investments

Alan is an entrepreneur and founder of World Of Avatar, a private investment holding company that bought MXit, the social media platform with over 20 million users.

[Source: Forbes]

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