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
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
After two years of limited testing, WhatsApp will soon let users and businesses hide their phone num...
Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Senegal launches startup initiative to boost innovation and financing access Plan targets 500+ certified startups, 150,000 jobs by 2034 Certified...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims to link Chad to regional and global networks...
DRC extends mining ban on 38 sites in rebel-held Kivu regions Move aims to curb M23 funding from illegal mineral exploitation UN reports $70M...
SolarX secures €15M loan from Afrigreen Fund to expand in West Africa Funds to refinance assets, support solar projects in four countries ...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...