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    Wednesday, June 15, 2022

    Folorunso Alakija, Bola Hajaya Named 2nd, 4th Richest African Women Respectively


    Two Nigerian women, Folorunso Alakija and Hajia Bola Shagaya, has been ranked among Africa's wealthiest women for 2022.

    The list which is dominated by South Africa, included people who are worth at least $10 million and their financial muscles make them influential figures in society.

    Ngina Kenyatta, popularly known as “Mama Ngina”, the former First Lady of Kenya is the only Kenyan woman on the list. Ngina is the widow of Kenya’s first president, Jomo Kenyatta, mother of Uhuru Kenyatta, the incumbent president of Kenya.

    South Africa, with six women, dominated the list of wealthiest women in Africa.

    Other countries in the least are Angolan who happens to be the richest and also a Kenyan worth $1 billion.

    Isabel Dos Santos is the richest woman in Africa with an estimated net worth of $2.2 billion and the daughter of the famous Angolan president Jose Eduardo Dos Santos.

    Today she owns several companies and businesses, her first business venture was on the opening of her Miami Beach in 1997.

    She owns a stake in different companies which includes: Unitel S.A, Zon Multimedia, Banco Espirito Santo, Banco Portugues de Investimentos, and Energias de Portugal.

    Folorunso Alakija, a Nigerian billionaire businesswoman and philanthropist has been named the 2nd richest woman in Africa.

    According to Forbes, an American business magazine owned by Integrated Whale Media Investments and the Forbes family Alakija is worth over $1 billion and has held the title of the richest woman in Nigeria for years.

    Born on July 15, 1951 at Ikorodu in Lagos State, Alakija is also the founder and managing director of a firm called Rose of Sharon.

    In the list of 10 Africa’s wealthiest women for 2022, Alakija was second behind Isabel Dos Santos of Angola whose worth is $2.2 billion.

    Ngina Kenyatta popularly known as “Mama Ngina” has an estimated net worth of $1 billion. She was born in Kenya on 24 June 1933.

    Kenyatta is the mother of Uhuru Kenyatta the current president of Kenya, the former first lady of Kenya, and the widow of the first president of Kenya.

    Currently, Mama Ngina is in charge of the family’s company, which includes banking, farming, education, insurance, manufacturing, and real estate.

    Hajia Bola Hajaya, a businesswoman and fashion enthusiast whose net worth is estimated to be about $1 billion is another Nigerian woman on the list dominated mostly by South Africa.

    Alakija’s money came from oil and gas, the fashion printing industry, and real estate.

    Hajaya is also the chief executive officer of Bolmus group of and the founder of Voyage oil.

    Wendy Appelbaum is the daughter of South African billionaire Sir Donald Gordon. She is one of the top 10 richest women in Africa and currently the richest woman in South Africa with an estimated net worth of $152 million

    She started her career in her father’s real estate company as a director and currently, she owns Demorgenzon wine estate.

    Wendy won several accolades for her first vintage wine called Chenin Blanc for its unique taste.

    Wendy Ackerman with an estimated net worth of $111.5 million is one of the richest women in Africa and the second richest woman in South Africa.

    Ackerman is the non-executive director of a retail company(pick and pay holdings limited) founded by her husband and a South African retail tycoon.

    Ackerman was born in cape town south Africa and her business interest is mainly centered on retail.

    Irene Charnley is a businesswoman who invests in telecommunication. She has an estimated net worth of $88 million and was born on 6 May I960 in South Africa.

    Charnley was a former negotiator for the South African National Union of Minework for 13years.

    Irene worked with MTN, Africa’s largest telecommunication company. She set up her own telecommunication company called Smiles Communication after working with MTN.

    Her smiles telecom company is said to be worth $58 million.

    Bridget Radebe is one of the richest women in Africa whose business interest is in mining with an estimated net worth of $58.7 million.

    Radebe owns her own mining firm called and she specializes in chrome, uranium platinum vanadium, and coal. She is from South Africa and was born on 26 February 1960.

    Sharon Wapnick is one of the richest women in Africa with an estimated net worth of $25.4 million.

    Wapnicks father’s wealth and influence made people often trace her wealth to her father Alex Wapnick.

    She holds a business in real estate, corporate matters, and other business ventures.


    Elizabeth Bradley
    is the non-executive chair of the Wasco Investment limited. She owns a stake at Tongaat Hullet and Sasol an integrated energy and chemical company

    She is one of the richest women in Africa with an estimated net worth of $19.4 million.

    The full list and estimated worth in 2022


    RankNameNet WorthCountry
    1Isabel Dos Santos$2.2 billionAngola
    2Folorunso Alakija$1 billionNigerian
    3Ngina Kenyatta$1 billionKenya
    4Hajia Bola Shagaya$630 millionNigerian
    5Wendy Appelbaum$152 millionSouth African
    6Wendy Ackerman$111.5 millionSouth African
    7Irene Charnley$88 millionSouth African
    8Bridget Radebe$58.7 millionSouth African
    9Sharon Wapnick$25.4 millionSouth African
    10Elizabeth Bradley$19.4 millionEngland

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