Thursday, September 23, 2021

Forbes Names 10 Young African Millionaires to Watch

Forbes Magazine, via its online platform, has provided its yearly run down of 10 Young African Millionaires to Watch: “remarkable, unsung African entrepreneurs who are aged 39 and under, who have built well-structured multi-million dollar businesses and earned 7-figure fortunes in the process.”

Sitting pretty on 2014’s list, and deservedly so, are Nigeria’s Sim Shagaya (founder of Konga.com) and Alexander Amosu (the brain behind luxury label Amosu Couture and owner of OK! Nigeria‘s publisher, Kamson Luxury Group), South Africa’s Adii Pienaar (whose company, Woothemes, designs and develops customisable themes and plugins for WordPress and Tumblr) and Ethiopian-born Bethlehem Tilahun Alemu (who founded eco-friendly footwear brand, SoleRebels).

Amosu Couture's Key to Life, which costs £3700 and donates 100% of its purchase to 18 HIV-positive patients, giving them a full year of life-saving drugs and services through Keep a Child Alive HIV/AIDS centers.  Alicia Keys has the Number 1 and Queen Latifah purchased Number 2.
Amosu Couture’s Key to Life costs £3700 and donates 100% of its proceeds to 18 HIV-positive patients, giving them a full year of life-saving drugs and services through Keep a Child Alive HIV/AIDS centers.
Alicia Keys has the Number 1 and Queen Latifah purchased Number 2.

Deviser of the list, writer Mfonobong Nsehe, explained;

“Building a million-dollar business is hard enough. Building a million dollar fortune is even harder. But building a million-dollar fortune in Africa while in your twenties or thirties is deserving of applause.”

And we at SPICE couldn’t agree more. Congrats to all who were named.

Sole Rebels produce sandals, slip-ons and lace-up shoes that are hand-crafted from recycled tires to reimaginations the traditional Selate and Barabasso shoe, which have been worn by Ethiopians for generations.
Sole Rebels produce sandals, slip-ons and lace-up shoes that are hand-crafted from recycled tires to reimaginations the traditional Selate and Barabasso shoe, which have been worn by Ethiopians for generations.

Image source: Alexanderamosu.co.uk, Solerebels.com, Pakurumo.com

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