Nigerian magnate Aliko Dangote is the continent 's richest man . The historic transaction made headlines in November as Oppenheimer abdicated his role as Africa 's top diamond magnate . Dangote made his fortune , estimated at $ 10.1 billion , at Dangote Cement Plc . The company was founded in 1954 and has been a major player in Nigeria's cement industry for over 50 years.
Nigerian magnate Aliko Dangote is the continent 's richest man . Dangote made his fortune , estimated at $ 10.1 billion , at Dangote Cement Plc . The company was founded in 1954 and has been a major player in Nigeria's cement industry for over 50 years.