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BY Fredrick Ngugi, 6:05am May 09, 2016,

From Rags to Riches: Meet Africa’s Top Five Self-Made Billionaires

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by Fredrick Ngugi, 6:05am May 09, 2016,

Anas Sefrioui

Moroccan Billionaire Anas Sefrioui. (Photo: www.marocpress.com)

Anas Sefrioui (Moroccan)

Born in 1957 in Fes, Morocco, Anas Sefrioui says he was forced to drop out of school to assist his father create a popular clay for washing hair. It is from this venture that Anas developed his entrepreneurial skills. From his earnings, Anas started a real estate business in 1988. His breakthrough came in 1995 when he won a contract with the Moroccan government to construct subsidized houses. Currently, he is the CEO of Addoha Group (a construction company) and CIMAT (cement manufacturing firm). Anas’s net worth is estimated to be $1 billion.

Last Edited by:Deidre Gantt Updated: May 9, 2016

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