These 30 young African entrepreneurs are poised to be millionaires in the next 10 years

6. Nomvula Mhambi, 29, Zimbabwe 

Founder: Disruptive Innovation

Disruptive Innovation is a full-service media communications and advertising social enterprise. She tackles urban hygiene and sanitation issues using market-based approaches improving public amenities through social innovation initiatives. Mhambi has partnered with local municipalities, renovating dilapidated public toilets, and charging people for use.

7. Abubakar Sadiq Mohammed Falalu, 28, Nigeria

Founder: FaLGates

FaLGates is a rice mill company producing a variety of rice products. Falalu employs 30 people in Kaduna and over 150 people in anchored farms in Niger and Kebbi. The company turned over about $450,000 last year.

8. Roger Boniface, 29, South Africa 

Founder: EDISIM

EDISIM is a training provider that uses simulation to bring real-world learning experiences to the classroom. Boniface’s businesses have been simulated into some of Africa’s top business schools.

9. Gilbert Eugene Peters, 29, Zimbabwe

Founder: Spidex Media

Spidex Media addresses the need for faster advertising and design services in 24 hours. The company has offices in Zimbabwe, South Africa and Zambia and is one of the largest advertising companies in Zimbabwe, with a majority market share in the financial sector handling brand portfolios worth over $870 million.

10. Sihle Ndlela, 28, South Africa

Co-Founder: Majozi Bros Construction

Majozi Bros Construction is a turnkey building contracting business that offers services from plan drawing, plan submission, general building and renovations. It is a one-stop construction business and one of the leading construction companies in KwaZulu-Natal (KZN).

Continue on the next page.

Page: 1 2 3 4 5 6 7

Bridget Boakye

Bridget Boakye is a writer, activist, and entrepreneur based in Accra, Ghana. Raised in both Ghana and the U.S., she is particularly interested in issues that draw on the experiences, insights, and values from both Africa and the African Diaspora. She is currently an Amplify Africa Fellow and member of the Global Shapers Accra Hub. You can find her on Instagram at @boakyeb

Recent Posts

Hero cop delivers baby on the side of the road: ‘I’m just blessed that I was there’

What appeared to be a typical day immediately changed for Officer Cpl. Jason Lee when…

3 hours ago

How startup Sparen is using AI to change the way you buy or sell a home

Paris Dean is the founder of Sparen, a startup that seeks to streamline real estate…

4 hours ago

Flavor Flav promises to sponsor U.S. water polo team to Paris Olympics after call for help

Flavor Flav is known for his music career but he is also a true sports…

4 hours ago

Months after raising $29M, Shaq-backed college startup founded by Nigerian picks up another $23M

Nigerian entrepreneur Tade Oyerinde leads Campus, an online community college startup. The son of Nigerian…

7 hours ago

Florida woman in labor weds her lover between contractions at hospital

What are you willing to endure in the name of love? A Florida mother decided…

8 hours ago

Wheel of Fortune contestant wins big after trying to get on the show for almost 30 years

Tracy McBride’s dream came true when she finally arrived as a contestant for the Wheel…

10 hours ago

How Chris Brown reportedly grew his net worth to $50 million despite a spate of controversies

Chris Brown is an American R&B singer, songwriter, and dancer. He made his career debut…

10 hours ago

T-Pain to open music school in Wisconsin after ‘Can’t Believe It’ hit

Following the success of his 2008 single "Can't Believe It," in which he memorably rhymed…

12 hours ago

Atlanta reaches $3.8M settlement with family of church deacon fatally tased by officer

The Atlanta City Council has reached a $3.8 million settlement with the family of a…

12 hours ago

50 Cent sues ex Daphne Joy for $1 million after she accused him of rape

Actress and model Daphne Joy has been slapped with a defamation lawsuit by her ex-boyfriend…

13 hours ago

Drake’s security guard critically injured in shooting outside rapper’s Toronto mansion

Authorities in Canada said a man identified as Drake’s security guard was left seriously injured…

13 hours ago

Two students saved their P.E. teacher after he suffered cardiac arrest: ‘Medically, I was gone’

A physical education teacher, Alfred Kattola, owes his life to the quick thinking of two…

1 day ago

Doctors misdiagnosed an 11-year-old girl 30 times before finding out she was suffering from brain tumor

An 11-year-old girl, Tia Gordon, has endured misdiagnoses of sickness bugs and migraines by medics…

1 day ago

How Serena Williams has helped 14 companies reach unicorn status

Serena Williams is undoubtedly one of the greatest tennis players to grace the court. In…

1 day ago

LeAnna Roberts earns her master’s degree at just 17 years old, her third degree in two years

At the age of sixteen, LeAnna Roberts made headlines when she graduated from the University…

1 day ago