Forget Dangote and the rest of the billionaires, the richest people in Africa are politicians. Africans need to reevaluate and rethink their system, so much power is given to the politicians and without any checks or balances. How can an ex-governor not be tried in court for his mischievous activities because there is a written document that said so who signed the documents is it the populace? They loot millions of dollars and stack them up for their families whereas the masses are suffering.
They even go as far as banning the trading of cryptocurrencies because they feel people might benefit from it. When the world is enjoying it. African needs to be taken to the hospital and given proper treatment because they are moving backward. More strength to their youth as many are still thriving in the harsh environment.
This categorical speaks to Nigeria. It's not because Dangote is mentioned there but because the scenario described aptly captures the whole thing. The looting political class are the real many bags in Nigeria. These people don't have business acumen and can't do any logical investment apart from indulging their flamboyant lifestyles. They suddenly become rich overnight once they get into political offices and this easily explains why Nigeria and the rest of Africa are where they're - in poverty and underdeveloped. A governor in one of the eastern states in Nigeria, during a public gathering laughed to himself when the speaker of that occasion mentioned Aliko Dangote as the richest man in Africa. It was a sinister act. The undertone of his laughter meant that speaker was wrong by that fact and that him, the governor, was richer than Dangote even though he had no seen businesses he ran. The need to fight corruption was one major key point why people voted for the Buhari led administration which has now turned worse than its predecessors. This is highly regretable to say the least.