Africa’s Movers and Shakers. Meet Mrs. Folorunsho Alakija

Folorunsho-Alakija-on Forbes Magazine

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 is also involved in philanthropic activities through her Rose of Sharon Foundation, which seeks to empower widows and orphans.