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18 Indian billionaires who built their wealth in Africa

18 Indian billionaires who built their wealth in Africa


Published on 2024-11-30 00:00:42 - Bill Williamson, WOPRAI
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  • Here are 18 Indian billionaires who turned Africa into their land of opportunity: Naushad Merali, Sunil Vaswani, Narendra Raval

The article from BusinessDay NG discusses 18 Indian billionaires who have amassed significant wealth through their business ventures in Africa. These entrepreneurs have capitalized on various sectors including manufacturing, pharmaceuticals, telecommunications, and real estate. Notable figures include the likes of Atul Gupta, who along with his brothers, expanded their business empire in South Africa, and Bhimji Depar Shah, known for his extensive business interests in Kenya. Their success stories highlight the strategic importance of Africa as a business destination, showcasing how these individuals have not only contributed to economic development but also faced various challenges like political instability and regulatory hurdles. The article underscores the symbiotic relationship between Indian investment and African economic growth, illustrating how these billionaires have leveraged local partnerships, adapted to market needs, and navigated the complex business environment to build their fortunes.

Read the Full businessday Article at:
[ https://businessday.ng/bd-weekender/article/18-indian-billionaires-who-built-their-wealth-in-africa/ ]
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