Meet Africa’s Top Ten Philanthropists!

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                                [Photo: Forbes]  Sudanese Born Telecom Mogul, Mo’Ibrahim. Popularly referred to as ‘Bill Gates of Africa’

     Africa is used to receiving aid from Western countries, foreign aid, humanitarian agencies, and philanthropists but we also have philanthropists in Africa! Africans who are assisting Africa! An estimated US$7 billion is given away every year by Africa’s philanthrocapitalists – at least the ones we know about.
  Meet Africa’s most famous philanthropists:

Francois van Niekerk, South Africa: The founder of Mertech Group gave 70 percent of his equity (valued at $170 million) to his Mergon Foundation, which funds education, health and skills-building initiatives.

Allan Gray, South Africa: The owner of Allan Gray investment management firm, Gray gave his Allan Gray Orbis Foundation $150 million. The foundation gives high
school scholarships and supports other causes.

Theophilus Danjuma, Nigeria:  The chairman of South Atlantic Petroleum broke Nigerian philanthropic records when he gave $100-million to set up the TY Danjuma Foundation, a grant-making organization that partners with NGOs in education,
health, policy and poverty related fields.

Donald Gordon, South Africa:  The real estate and insurance billionaire founded the Donald Gordon Foundation which has
given an estimated $50 million in donations to develop higher educational facilities and the arts in the UK.


ALIKO DANGOTE, Africa’s wealthiest man.

Aliko Dangote: The president of
the Dangote Group has recently entered the field of philanthropy and has already made significant contributions totalling $35
million. He has contributed to flood relief, an NGO developing low-cost housing and universities in Nigeria, and also gave $500,000 for victims of a munitions blast in Brazzaville, Congo in 2012.

Mark Shuttleworth, South Africa: After selling his digital security company for $575
million, Shuttleworth spent $20 million on developing free open source software, Ubuntu, and another $20 million – through
the Shuttleworth Foundation – on funding the projects of individuals trying to change

Jim Ovia, Nigeria: The founder of Zenith Bank gave $6.3 million to the flood relief effort in Nigeria in 2012. Through his Youth Empowerment and ICT Foundation, he has given much to get youth interested in ICT.
He gave $320,000 to help 10 young Nigerian entrepreneurs establish their technology businesses.

Strive Masiyiwa, Zimbabwe:  Zimbabwe’s richest man and the founder of Econet Wireless, Masiyiwa has spread his philanthropic work to several African countries, including Zimbabwe. He established a $6.4 million trust in 2012 to pay for the education of 40 students. He
also supports organizations that help orphans in Zimbabwe.

Tony Elumelu, Nigeria:  Elumelu, chairman of Heirs Holdings, and Former CEO of UBA group, Nigeria, gave $6.3 million to flood relief in Nigeria in 2012. His Tony Elumelu Foundation gives entrepreneurial training to young Africans.

• Arthur Eze, Nigeria: The elusive oil magnate donated $6.3 million to flood relief in Nigeria. He also gives large amounts towards higher education.

•• Other noteworthy philanthropists include:
Mike Adenuga and Hakeem Belo-Osagie from Nigeria; Manu Chandaria and Naushad Merali from Kenya; Ashish Thakkar from Uganda; the Sawiris family from Egypt; and Patrice Motsepe, Nicky
Oppenheimer, Raymond Ackerman, Tokyo Sexwale, and Cyril Ramaphosa from South

….and Sudanese-born British telecommunications billionaire
• Mo Ibrahim:  has been dubbed
the most powerful black man in the UK as well as the “Bill Gates of Africa” for his philanthropic efforts on the continent. He
has signed the Giving Pledge to hand over half his wealth and has offered a prize of $5 million over 10 years, and a further $
200,000 for life, to African leaders who excel.
  Its really heart warming to know that we have philanthropists in Africa. Africans that are helping Africa!


One thought on “Meet Africa’s Top Ten Philanthropists!

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