this post was submitted on 11 Jul 2025
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Africa’s wealth disparity has reached unprecedented levels, with just four billionaires now holding more wealth than 750 million people combined – half the continent’s population.

According to a report from Oxfam entitled Africa’s Inequality Crisis and the Rise of the Super-Rich, released on Thusday, Nigerian billionaire Aliko Dangote, South Africans Johann Rupert and Nicky Oppenheimer and Egyptian businessman Nassef Sawiris control a combined $57.4 billion (€49.07bn).

This staggering concentration of wealth highlights the deepening inequality across the continent, the report warns.

Number of African-born millionaires to skyrocket over next decade: report

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[–] Viking_Hippie@lemmy.dbzer0.com 7 points 23 hours ago* (last edited 23 hours ago) (2 children)

Thanks to Osvaldo, I will never not associate Dangote with being Africa's biggest snowflake and also easily confused 😄

[–] wuphysics87@lemmy.ml 2 points 13 hours ago (1 children)

I don't get it. Isn't he just saying he doesn't get it?

[–] Viking_Hippie@lemmy.dbzer0.com 1 points 13 hours ago

Yeah, he was consistently confused and enraged by Osvaldo's antics, going as far as to threatening legal action against not just him, but everyone who liked his tweets 😄