The continent of Africa is a region of tremendous wealth, and it is home to an increasing number of prosperous business executives and entrepreneurs who are transforming the economic landscape. Some of them are Black women who have achieved success by invention, determination, and resiliency, and they are among the most powerful and important people in the world. Following is a list of the top ten wealthiest Black women in Africa as of the year 2024.
List Of Top 10 Richest Black Woman In Africa 2024
1. Isabel dos Santos
Isabel dos Santos continues to be a formidable force in the African economic world, despite the fact that she is facing significant legal issues. She is the daughter of José Eduardo dos Santos, who served as President of Angola in the past, and Isabel has interests in the fields of banking, telecommunications, and energy. Despite the fact that she is under scrutiny over the origins of her fortune, she has been routinely featured among the wealthiest women in Africa all along. She was once Africa’s richest woman but, her current net worth is disputed due to legal troubles and asset freezes.
2. Folorunsho Alakija
It is still true that Folorunsho Alakija is one of the wealthiest ladies in Africa. Alakija has accumulated a substantial amount of fortune from the lucrative oil business while serving as the Vice Chair of Famfa Oil, a Nigerian oil exploration company. Along with being a philanthropist, she is well-known for the charitable work she has done through the Rose of Sharon Foundation, which provides assistance to widows and orphans.
3. Ngina Kenyatta
In addition to her other name, Mama Ngina, Ngina Kenyatta is the matriarch of the Kenyatta family, which is considered to be one of the most powerful families in Kenya. Her fortune is a result of her involvement in a wide range of commercial activities, which include agricultural, banking, real estate, and accommodations. It is safe to say that she is a prominent person in the social and political landscape of Kenya.
4. Bola Shagaya
Businesswoman Hajia Bola Shagaya hails from Nigeria and has interests in the oil industry, finance, and real estate, among other areas of business. In addition to being the CEO of Bolmus Group International, she is the creator of the conglomerate, which has a wide range of economic interests. The riches and power that Shagaya possesses have enabled her to become one of the most renowned corporate people in Africa.
5. Wendy Appelbaum
In South Africa, Wendy Appelbaum is a well-known entrepreneur who has a large stake in the wine and agriculture industries of the country. She is the owner of DeMorgenzon Wine Estate and has been involved in a variety of charitable efforts, with a particular emphasis on issues pertaining to women’s rights, education, and health. As a result of the fact that her wealth and influence extend beyond South Africa, she is a significant player in the business landscape of Africa. She is one of the most powerful women in the world and has a net worth of $259 million.
6. Wendy Ackerman
A notable South African entrepreneur and philanthropist, Wendy Ackerman is widely known as one of the wealthiest women in Africa. She is also a donor to numerous charitable organizations. She was one of the people who started Pick & Pay, which is a large retail chain in South Africa, and she is also an executive director of the company. Ackerman was instrumental in the growth and expansion of the company, which ultimately led to the establishment of the company as one of the most successful retail chains in the country.
7. Irene Charnley
In the African continent, the name Irene Charnley is inextricably linked to the concepts of creativity, leadership, and social change. In addition to being one of the most powerful businesswomen on the continent, Charnley has left an indelible influence on a variety of industries, including the mining industry, the financial sector, and the telecommunications industry. It is a credit to her perseverance and vision that she went from being a trade unionist to becoming a corporate titan and a social entrepreneur along her path.
8. Bridgette Radebe
Pioneering South African businesswoman Bridgette Radebe has had a big impact on the traditionally male-dominated mining sector. Radebe, one of the first black female mining magnates in Africa, has a strong dedication to economic empowerment for underprivileged areas and has achieved success through tenacity and smart thinking. She is well-known in South Africa’s corporate community thanks to her support of black economic empowerment and her contributions to the mining industry.
9. Sharon Wapnick
Sharon Wapnick is a well-known South African businesswoman who has achieved a great deal of success in the real estate and banking industries. As one of the wealthiest women in South Africa, she is well-known for her leadership roles in large real estate and investment enterprises, as well as her dedication to preserving the business heritage that her family has established.
10. Elisabeth Bradley
A prominent South African entrepreneur, Elisabeth Bradley is well-known for her pivotal roles in a variety of industries, including manufacturing, finance, and investments, among others. Bradley’s career is distinguished by strategic leadership, a commitment to her family’s commercial legacy, and a profound interest in humanitarian activities. She is acknowledged as one of the wealthiest and most respected figures in South African business.