Want to find out more about the top 20 richest women in Africa?
Knowing such information is really a good thing.
You never can tell when an interactive session or argument might pop up, and then you find yourself having nothing to say.
So, if you do not already know the richest women in Africa, then you should read this post.
This is a well-researched list of the top 20 richest women in Africa and their net worth as of 2020.
Here comes the mighty list.
Also Read: Top 25 Richest People In Africa 2020
The Top 20 Richest Women In Africa (2020)
Find below the top twenty richest women in Africa.
1. Isabel Dos Santos
Isabel is said to be the first woman in Africa to attain the billionaire status.
She was born in Angola, and she is a well-known entrepreneur today.
She is an alumnus of the famous King’s College London.
Her father was the president of Angola and it is said that she took advantage of his influence as a president to make it in the business world.
She owns large stakes in big companies and she holds so many management positions in these companies.
Isabel Dos Santos started her business career as a project manager.
However, she worked with her father Eduardo on a project to clean and disinfect Luanda.
This project was called Urban 2000.
Over the years, she has been involved in several troubles.
She has been accused severally by the Angolan authorities of being involved in money laundering, but she denied all allegations.
With so many investments and businesses today, she is currently worth $2.2 Billion, thus making her the richest woman in Africa.
2. Folorunsho Ajakija
Folorunsho Alakija is the richest woman in Nigeria and the second richest in Africa.
She was born in Lagos State, Nigeria, and she is currently the director of Rose of Sharon Group.
Folorunsho Ajakija is also the vice Chairperson of Famfa oil.
However, she used to work for Sijuwade Entertainment here in Nigeria before she later became a worker for the First National Bank of Chicago.
After all these, she joined the First City Monument Bank in Nigeria, before she ventured into business full-time.
Today, she has a networth of $1.3 Billion.
3. Ngina Kenyatta
Ngina Kenyatta is a diverse businesswoman who has made it big in the business world today.
She was born in 1933 with the birth name Ngenda.
She was married to Jomo Kenyatta before his death decades after their marriage.
President Uhuru Kenyatta of Kenya is her son.
He is one of the four children she had with Jomo before he died.
Today, she is a vast entrepreneur with several investments spread far and wide.
She currently has a net worth of $1 Billion, making her the third richest woman in Africa.
4. Divine Ndhlukula
Divine Ndhlukula is a successful businesswoman from Zimbabwe.
She has held so many sensitive posts in several big companies both within and outside Africa, and she owns one of the highest paying security companies in Zimbabwe.
With a net worth of $809 million, Divine Ndhlukula is the richest woman in Zambia, and also one of the richest in Africa.
5. Dr Stella Okoli
Dr Stella Okoli is a businesswoman and pharmacist by profession.
She had her early education here in Nigeria before she traveled abroad to study medicine in the UK.
She is an alumnus of both the University of Bradford and the University of London.
When she returned home, she took normal jobs in pharmaceutical companies here in Nigeria.
Later on, she opened her own medicine business back in the late 70s.
Today, she is the proud founder of the popular Emzor Pharmaceuticals.
This is the company that produces the famous Paracetamol tablets.
She is currently said to be worth a mind-blowing $800 million dollars.
6. Patricia Poku-Diaby
Patricia is currently the richest woman in Ghana, and one of the richest women in Africa today.
She is the founder of Plot Entreprise Group.
This is a cocoa processing company.
They process tons of cocoa into products like cake, butter, and more.
They make millions of dollars annually from this.
Today, Patricia has a whopping net worth of $720 million.
7. Bola Shagaya
Bola Shagaya is one of the richest fashion entrepreneurs in Nigeria.
Aside from being a famous fashionista, she is also into other fields of business like real estate and more.
She is a board member of several big companies across Africa including the famous Unity Bank.
She had her Bachelors’s degree in Economics from Armstrong College in the USA.
Today, she is also a major member of the Fashion Designers Association here in Nigeria.
Today, Bola Shagaya has a net worth $630 Million.
8. Mo Abudu
Mo Adudu is a Nigerian businesswoman who was born and bred in the United Kingdom.
After her master’s in the UK, she returned to Nigeria where she served as the Head of human resources in Exxon Mobil.
This is one of the biggest oil companies in the world.
She is the brain behind the popular media House called EbonyLife TV.
She is also a diverse entrepreneur who is into different Areas of business like real estate and a host of others.
Mo Abudu is also a philanthropist who reaches out to the poor.
With a net worth of $600 million, she is surely one of the richest women we have here in Africa.
9. Bimbo Alase
Bimbo Alase is a Nigerian businesswoman who is making waves in the business world.
She is the founder of Leatherworld.
She is one of the richest women in Nigeria today, and she is estimated to worth a whopping $550 Million.
Her company produces a high standard of furniture and they have a huge customer base across Africa.
Although she had her early education in Nigeria, she studied Fashion and Interior Design abroad.
Bole even went further to obtain professional degrees from both the London School of Design and Pitman College in the UK.
When she returned to Nigeria, she started small, but she has grown so big today.
She is also a very kind philanthropist who helps a lot of souls.
10. Wendy Appelbaum
Wendy Appelbaum is the richest woman in South Africa today.
She has worked in several companies in the past and was even the vice Chairperson of the Connection Group Ltd.
Wendy is a very good philanthropist, and her initiatives have touched the lives of so many less privileged persons in South Africa as a whole.
However, she currently has a net worth of $259 million, hence her position as one of the richest women in Africa.
11. Kate Quartey Papafio
Kate is one of the richest women in Ghana, and also one of the richest in Africa.
She is the founder of Reroy Group of Companies.
This company was founded back in 1992.
Today, she is the highest producer of electric cables in Ghana, and her products are exported to other parts of Africa as well.
She is said to have a networth of $250 million.
12. Wendy Ackerman
Wendy Ackerman is a co-founder and one of the directors of Pick N Pay Stores.
Together with her husband Raymond, she helps with the expansion of this company.
Today, this company comprises over 400 stores including about 100 supermarkets and 15 hypermarkets.
They operate in different fields like fashion, food stuffs, and more.
Across all branches and subsidiaries across the world, they have a total of about 49,000 staff in their company.
Wendy currently worths $190.2 Million dollars, and she is one of the richest women in Africa today.
13. Irene Charnley
Irene is a businesswoman from South Africa.
She is an executive director in MTN Group (The largest telecom company in Africa), and she is also the CEO of Smile Communications.
She created the National Empowerment Consortium.
This initiative is made up of 50% black African laborers, and 50% Black entrepreneurs.
She is a very successful entrepreneur, and she is currently worth $150 million dollars.
14. Gifty Lamptey
On the number fourteenth spot in this list of richest women in Africa, we have the Ghanaian Gifty Lamptey.
She is the Chairperson and CEO of the famous Sidalco Group of Companies in Ghana.
This company carries out a lot of work in the fields of real estate, construction, oil & gas, and more.
Aside from being a businesswoman, Gifty is also a philanthropist just like most women on this list.
She currently has a networth of $135 million.
15. Charlie Theron
Charlie Theron is a famous South African actress who has received so many awards for her roles in movies.
She is the founder of the movie company Denver & Delilah Films.
Although she was born in South Africa, Charlie Theron now lives in Los Angeles, USA.
She currently has dual citizenship in both South Africa and America, and she is an Oscar winner.
Charlie won the Oscar for her role in a movie called Monster.
However, she is a world-class actress with several awards, and she has also featured in blockbuster movies like the Mighty Joe Young and a few others.
With so many endorsement deals and businesses, Charlie Theron currently worths $130million, making her one of the richest women in Africa.
16. Bridget Radebe
Bridget Rabede is a South African businesswoman who owns a mining company called Mmakau Mining.
She started small in the mining industry, but today, she is one of the biggest and richest entrepreneurs in the field.
Bridget is even the president of the Mining development initiative in South Africa.
She is worth $100 Million dollars.
17. Njeri Rionge
Njeri Rionge is a very successful entrepreneur who hails from Kenya.
She is the founder of Wananchi Online.
This company provides Internet services not just for Kenya, but for East Africa as a whole.
She owns several online businesses and startups, and she is also a vast investor.
Today, Njeri is said to be worth an eye-popping $100 million dollars, earning her this position in this list.
18. Grace Amey-Obeng
With an estimated net worth of $100 Million, the Ghanaian businesswoman Grace is one of the richest women in Africa today.
She is the founder of the Forever Clair Group.
She studied at Croydon College in London, after which she returned to Ghana.
On her return, she ventured into business with a capital of only $100.
Today, she is one of the richest women in Africa, and she owns businesses all over the world.
Her beauty products are distributed to several countries both within and outside Ghana.
19. Jane Michuki
Jane Michuki is an alumnus of the University of Nairobi, Kenya School of Law, and later the University of Warwick in the United Kingdom.
She is a lawyer and business tycoon from Kenya, and she is also a partner of Kimani & Michuki Advocates.
She ventured into the business back in the late 90s, and she currently owns large shares in major companies across the world.
As of today, her net worth is said to be $50 million dollars.
20. Sharon Wapnick
Sharon is a South-African born businesswoman who inherited most of her wealth from her father.
She is currently the head of both Octodec, and Premium Properties.
She inherited these companies from her father after he passed away.
These companies are financial companies that operate in the fields of loans and other financial services.
She had her graduate degree from the University of Witwatersrand before taking over her father’s company.
She currently has a networth of $43.2 Million.
Conclusion of The Top 20 Richest Women In Africa
So far, these are some of the richest women we have here in Africa.
You can see that they are a strong force in the business world today, and this is a welcomed development.
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