40) Mohammed Indimi – Net Worth: $670 Million (Nigerian)
This 66-year-old self-made millionaire is the founder of Oriental Energy Resources, a privately held Nigerian oil exploration and production company.
39) Desmond Sacco – Net Worth: $680 Million (South African)
Desmond Sacco lost some ranks due to steep decline in Assore Group’s stock price. This is due to drop in a price of iron ore. He is the chairman and managing director of the company.
38) Bhimji Depar Shah – Net Worth: $700 Million (Kenya)
Bhimji Depar Shah is the founder of Bidco Industries, which is one of the largest manufacturers of edible oil in Tanzania. The annual revenue of the company is more than $500 million.
37) Mohamed Bensalah Net Worth: $700 Million (Moroccan)
This 44-year-old Moroccan millionaire heads Holmarcom Group, a family holding company founded by his late father. The group boosted its take in Atlanta in April by 30 percent, making the insurer its largest single holding.
36) Lauritz Dippenaar Net Worth: $730 Million (South African)
Lauritz (Laurie) Dippenaar is a self-made millionaire who built a financial services empire over the past several decades. He co-founded Rank Consolidated Investing in 1977.
35) Jim Ovia – Net Worth: $850 Million (Nigerian)
This 60-year-old self-made millionaire was appointed as chairman of Zenith Bank Group, a large Nigerian commercial bank that he founded more than two decades ago.
34) Orji Uzor Kalu – Net Worth: $1 Billion (Nigerian)
Orji Uzor Kalu is a billionaire as of 2014. He is the founder of Slok Holding, a $2.5 billion West African conglomerate with interests in banking, shipping, manufacturing, oil trading and media.
33) Tony Elumelu – Net Worth: $1 billion (Nigerian)
Nigerian-born self-made billionaire is one of Africa’s most revered business leaders. He made his fortune through a variety of investments, including a controlling interest in Transcorp.
32) Rostam Azizi – Net Worth: $1 Billion (Tanzanian)
Rostam Azizi is the first billionaire from Tanzania. In May 2014, he sold a 17.2 percent stake in Vodacom Tanzania, the largest mobile phone operator in the nation.
31) Abdulsamad Rabiu – Net Worth: $1 Billion (Nigerian)
This billionaire runs BUA Group, a conglomerate active in flour milling, pasta manufacturing, sugar refining, and ports and terminals management. Rabiu used to work for his father, legendary Kano-based businessman, Isyaku Rabiu, before striking out on his own in 1988, importing rice, sugar, edible oils as well as steel and iron rods.