Net Worth: $7.3 billion, Industry: Oil and Gas, Country of Citizenship: Nigeria, Age: 63, Number of Jobs Created: 800 Ms. Alakija is the world’s richest black woman. She owns and runs Famfa Oil, a Nigerian oil company that owns a 60-percent stake in OML 127, one of Nigeria’s most prolific oil blocks. Ms. Alakija is also one of the biggest players in the Nigerian and European real estate markets. She
Net Worth: $3.5 BILLION, Industry: Diversified, Country of Citizenship: Angola, Age: 41,Number of Jobs Created: 3,378. Isabel Dos Santos is one of the most powerful women in Angola. Isabel is the first daughter of Angolan President, José Eduardo dos Santos. Isabel Dos Santos made her first fortune at the age of 24 by securing lucrative government contracts. In 1997, she invested in Miami Beach, a trendy restaurant in Luanda, Angola.
The Director General of MTN Cameroon, Mr. Karl Olutokun Toriola, has today written a letter to his 11 Million subscribers. In the letter he informs his subscribers that the price for a call is henceforth 30 FCFA per minute or 0.5 FCFA per second. At this rate, MTN Cameroon will have the lowest call rates in the Cameroon Mobile Market and one of the lowest in Africa.
In a bid to reduce the fiscal pressures being faced by entrepreneurs and companies alike, the government of Cameroon is proposing a 5% tax reduction during the 2015 fiscal year. The Minister of Finance, Mr. Alamine Ousmane Mey, has proposed the reduction in the 2015 Finance Laws to be adopted by Parliament. Cameroon’s taxes remain one of the highest in Africa.
