According to Forbes Africa, the richest man in francophone sub-Saharan Africa is the Cameroonian Baba AhmadouDanpullo whose fortune has been valued at 547 billion FCFA. Riches he obtained from his multiple investments in real-estate, telecom and agro-industry.
Truly, it is common knowledge that the former truck driver now billionaire detains 30% of Nexttel’s (third mobile operator in the country) shares. However, Danpullo, who according to his close acquaintances holds more assets in Nigeria than Cameroon, is popular in his country for his massive Ndawara tea plantations in the North-Western region, from where tea is exported by Ndawara Tea Estates.
Additionally, its ranch in Ndawara counts thousands of cattle heads from which, the biggest specimen was exposed at the Ebolowa agro-pastoral Comice. The animal amazed Cameroon’s head of State Paul Biya. Asides all these achievements, Cameroon’s richest man, asides agro-industry and telecom has numerous real-estate assets in Nigeria, France, Switzerland and South Africa including two malls in Cape Town and the Johannesbourg’sMarbre towers, 32 floors and 152 m tall, third tallest in Nelson Mandela’s nation.
In 2009, Baba AhmadouDanpullo donating 100 million FCFA to the ruling party, the CPDM, jumped into the communication sector with the DBS (Danpullo Broadcasting System) TV channel. He is also a minority shareholder in state-owned companies such as Sodecoton, Airports of Cameroon (ADC) and took over the tea industry from Cameroon Tea Estates (CTE), privatizing it.
Multiple sources declare that he was backing the Philippian firm ICTSI to acquire the container terminal of Kribi’sdeep water port which was finally awarded to a French-China consortium led by the Bolloré group. The same sources revealed that, Ndawara’s discrete billionaire who does not have a very good reputation in regards to his employees’ labor rights, aimed at the time to grab the 20% which were to go to Cameroonian nationals for this contract as set by the government.
BRM
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
West African officials met in Lomé to improve municipal finances for crisis response Talks focuse...
Launch led by Maroc Telecom, Orange, and Inwi Rollout targets 25% coverage by end-2025 under Digi...
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Ghana allocates $3.03B to Education Ministry in 2026 budget, up 18% Funds support free education programs, infrastructure, materials, and teacher...
Cameroon drafts law to regulate organic farming, targeting global market access Framework covers crops, livestock, aquaculture; bans GMOs and synthetic...
Cameroon unveils renovation plan for Douala Airport; work starts in H2 2026 XAF95 billion project includes apron expansion, terminal upgrade, and...
Built by Sinohydro with KFAED funding; aims to ease city traffic congestion Project part of Simandou 2040 strategy to boost infrastructure and economic...
The second edition of Salon International de la Musique d’Afrique (SIMA) launched in Cotonou on Thursday, November 13. This year's event in Benin marks a...
Benin approves Club Med resort in Avlékété to boost tourism sector 25-hectare site to feature 336 rooms, pools, spa, and sports...