Are billionaires good for Africa? | The Conversation | Focus on Africa
Community Score: 50% | 349 views | 6d
0 community ratings: null thumbs up, null thumbs down
Twenty-five years ago, Africa had no dollar billionaires. Today, there are 23, with a combined net worth of more than $100 billion. According to Oxfam, the continent’s four richest individuals now own more wealth than half of Africa’s population combined. As billionaire wealth continues to grow alongside rising inequality, an important question emerges: are billionaires good for Africa? In this episode of the Focus on Africa Podcast, host Charles Gitonga sits down with Tanzanian businessman and philanthropist Mohammed Dewji - Africa’s youngest billionaire - to discuss how he built his fortune, the role of wealth creation on the continent, and whether Africa’s billionaires have a responsibility to help close the widening inequality gap. 00:00-00:40 Coming up 00:40-02:10 How much is Mohammed Dewji worth? 02:10-04:-00 Quick-fire questions 04:00-05:10 What does it feel like to be a billionaire? 05:10-07:20 The challenges of becoming wealthy 07:20-08:25 The origins of Mohammed Dewji's fa
Tags: BBC, Africa, bbc africa, bbc news, africa news, bbc africa news
More from BBC News Africa
- How Iran and the US went from friends to bitter foes - BBC Africa — Score: 50%
- US-Israel war with Iran: Why is the Strait of Hormuz crucial for Africa? - BBC Africa — Score: 50%
- Anglican clerics meet to choose a rival to first female leader - BBC Africa — Score: 50%
- Muslims in South Africa hold mass street iftar - BBC Africa — Score: 50%
- The police station where crime is reported on smart screen - BBC Africa — Score: 50%
- To Iran, Africa was a 'continent of opportunities'; what now? - BBC Africa — Score: 50%