Topic: Aliko Dangote
What do Algeria, Lithuania, and Colombia have in common? All were represented on Forbes 2014 billionaire list. Though dominated by familiar faces, the list continues to become more diverse as emerging economies grow.
African billionaires now number 55, including Nigeria's Folorunsho Alakija, the world's wealthiest black woman, says business magazine.
Nigeria relies almost exclusively on its energy sector for export earnings and 75 percent of federal government revenue, Graeber writes, but a long record of corruption, militancy and banditry has clouded Nigeria's oil prospects.