\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Starlink\u2019s presence in Africa will mean better connections, especially in areas where traditional terrestrial connections are inadequate. This means that you can have internet access wherever you live in Africa. But that is if all goes as planned and the respective governments approve their operations.<\/p>\n\n\n\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink\u2019s presence in Africa will mean better connections, especially in areas where traditional terrestrial connections are inadequate. This means that you can have internet access wherever you live in Africa. But that is if all goes as planned and the respective governments approve their operations.<\/p>\n\n\n\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

But so far, they seem to be getting nowhere in some of the countries. One reason for this could be the regulation and licensing agreement that is required for Starlink to operate in these countries. However, Mozambique has taken the lead. As of February 23rd, Starlink received the green light to operate in Mozambique. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink\u2019s presence in Africa will mean better connections, especially in areas where traditional terrestrial connections are inadequate. This means that you can have internet access wherever you live in Africa. But that is if all goes as planned and the respective governments approve their operations.<\/p>\n\n\n\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
\"Elon<\/a>
Starlink worldwide availability (Photo credit: Twitter\/@SpaceX)<\/figcaption><\/figure>\n\n\n\n

But so far, they seem to be getting nowhere in some of the countries. One reason for this could be the regulation and licensing agreement that is required for Starlink to operate in these countries. However, Mozambique has taken the lead. As of February 23rd, Starlink received the green light to operate in Mozambique. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink\u2019s presence in Africa will mean better connections, especially in areas where traditional terrestrial connections are inadequate. This means that you can have internet access wherever you live in Africa. But that is if all goes as planned and the respective governments approve their operations.<\/p>\n\n\n\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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It was reported that Starlink, one of Elon Musk\u2019s companies, will be coming to Africa. Starlink is a satellite network developed by Spacex to provide a high-speed internet connection. It will be accessible even in the most rural areas of the world where connectivity is a challenge. The company\u2019s representative had been in talks with regulators in some African countries like Nigeria, South Africa, and Zimbabwe.<\/p>\n\n\n\n

\"Elon<\/a>
Starlink worldwide availability (Photo credit: Twitter\/@SpaceX)<\/figcaption><\/figure>\n\n\n\n

But so far, they seem to be getting nowhere in some of the countries. One reason for this could be the regulation and licensing agreement that is required for Starlink to operate in these countries. However, Mozambique has taken the lead. As of February 23rd, Starlink received the green light to operate in Mozambique. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink\u2019s presence in Africa will mean better connections, especially in areas where traditional terrestrial connections are inadequate. This means that you can have internet access wherever you live in Africa. But that is if all goes as planned and the respective governments approve their operations.<\/p>\n\n\n\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Starlink Satellite Internet Connection and What it Means for Africa<\/h2>\n\n\n\n

It was reported that Starlink, one of Elon Musk\u2019s companies, will be coming to Africa. Starlink is a satellite network developed by Spacex to provide a high-speed internet connection. It will be accessible even in the most rural areas of the world where connectivity is a challenge. The company\u2019s representative had been in talks with regulators in some African countries like Nigeria, South Africa, and Zimbabwe.<\/p>\n\n\n\n

\"Elon<\/a>
Starlink worldwide availability (Photo credit: Twitter\/@SpaceX)<\/figcaption><\/figure>\n\n\n\n

But so far, they seem to be getting nowhere in some of the countries. One reason for this could be the regulation and licensing agreement that is required for Starlink to operate in these countries. However, Mozambique has taken the lead. As of February 23rd, Starlink received the green light to operate in Mozambique. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink\u2019s presence in Africa will mean better connections, especially in areas where traditional terrestrial connections are inadequate. This means that you can have internet access wherever you live in Africa. But that is if all goes as planned and the respective governments approve their operations.<\/p>\n\n\n\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Elon Musk hasn\u2019t shown as much interest in Africa as CEOs of other big tech firms. We have seen CEOs of Airbnb, Microsoft, Google, Alphabet, and most recently Twitter (before his takeover bid which now seems to be on the edge), pay a visit to Africa. Amazon and Twitter have already moved to establish a base in Africa. But none of Musk\u2019s companies is in Africa, until recently. <\/p>\n\n\n\n

Starlink Satellite Internet Connection and What it Means for Africa<\/h2>\n\n\n\n

It was reported that Starlink, one of Elon Musk\u2019s companies, will be coming to Africa. Starlink is a satellite network developed by Spacex to provide a high-speed internet connection. It will be accessible even in the most rural areas of the world where connectivity is a challenge. The company\u2019s representative had been in talks with regulators in some African countries like Nigeria, South Africa, and Zimbabwe.<\/p>\n\n\n\n

\"Elon<\/a>
Starlink worldwide availability (Photo credit: Twitter\/@SpaceX)<\/figcaption><\/figure>\n\n\n\n

But so far, they seem to be getting nowhere in some of the countries. One reason for this could be the regulation and licensing agreement that is required for Starlink to operate in these countries. However, Mozambique has taken the lead. As of February 23rd, Starlink received the green light to operate in Mozambique. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink\u2019s presence in Africa will mean better connections, especially in areas where traditional terrestrial connections are inadequate. This means that you can have internet access wherever you live in Africa. But that is if all goes as planned and the respective governments approve their operations.<\/p>\n\n\n\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

ALSO READ:<\/strong> <\/a>African Vibes List Of African Billionaires Of 2022<\/a><\/p>\n\n\n\n

Elon Musk hasn\u2019t shown as much interest in Africa as CEOs of other big tech firms. We have seen CEOs of Airbnb, Microsoft, Google, Alphabet, and most recently Twitter (before his takeover bid which now seems to be on the edge), pay a visit to Africa. Amazon and Twitter have already moved to establish a base in Africa. But none of Musk\u2019s companies is in Africa, until recently. <\/p>\n\n\n\n

Starlink Satellite Internet Connection and What it Means for Africa<\/h2>\n\n\n\n

It was reported that Starlink, one of Elon Musk\u2019s companies, will be coming to Africa. Starlink is a satellite network developed by Spacex to provide a high-speed internet connection. It will be accessible even in the most rural areas of the world where connectivity is a challenge. The company\u2019s representative had been in talks with regulators in some African countries like Nigeria, South Africa, and Zimbabwe.<\/p>\n\n\n\n

\"Elon<\/a>
Starlink worldwide availability (Photo credit: Twitter\/@SpaceX)<\/figcaption><\/figure>\n\n\n\n

But so far, they seem to be getting nowhere in some of the countries. One reason for this could be the regulation and licensing agreement that is required for Starlink to operate in these countries. However, Mozambique has taken the lead. As of February 23rd, Starlink received the green light to operate in Mozambique. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink\u2019s presence in Africa will mean better connections, especially in areas where traditional terrestrial connections are inadequate. This means that you can have internet access wherever you live in Africa. But that is if all goes as planned and the respective governments approve their operations.<\/p>\n\n\n\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Even though most of his ideas seem outlandish and fictitious, Musk has gained an incredible amount of trust both in the tech world and beyond. One reason for this is that he always comes through regardless of how the odds are stacked against him. <\/p>\n\n\n\n

ALSO READ:<\/strong> <\/a>African Vibes List Of African Billionaires Of 2022<\/a><\/p>\n\n\n\n

Elon Musk hasn\u2019t shown as much interest in Africa as CEOs of other big tech firms. We have seen CEOs of Airbnb, Microsoft, Google, Alphabet, and most recently Twitter (before his takeover bid which now seems to be on the edge), pay a visit to Africa. Amazon and Twitter have already moved to establish a base in Africa. But none of Musk\u2019s companies is in Africa, until recently. <\/p>\n\n\n\n

Starlink Satellite Internet Connection and What it Means for Africa<\/h2>\n\n\n\n

It was reported that Starlink, one of Elon Musk\u2019s companies, will be coming to Africa. Starlink is a satellite network developed by Spacex to provide a high-speed internet connection. It will be accessible even in the most rural areas of the world where connectivity is a challenge. The company\u2019s representative had been in talks with regulators in some African countries like Nigeria, South Africa, and Zimbabwe.<\/p>\n\n\n\n

\"Elon<\/a>
Starlink worldwide availability (Photo credit: Twitter\/@SpaceX)<\/figcaption><\/figure>\n\n\n\n

But so far, they seem to be getting nowhere in some of the countries. One reason for this could be the regulation and licensing agreement that is required for Starlink to operate in these countries. However, Mozambique has taken the lead. As of February 23rd, Starlink received the green light to operate in Mozambique. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink\u2019s presence in Africa will mean better connections, especially in areas where traditional terrestrial connections are inadequate. This means that you can have internet access wherever you live in Africa. But that is if all goes as planned and the respective governments approve their operations.<\/p>\n\n\n\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

His revolutionary way of thinking has transformed both the automobile industry and the space industry. But that\u2019s not all, Musk is a man with many talents. He has both the drive and means to excel in any industry he shows interest in. <\/p>\n\n\n\n

Even though most of his ideas seem outlandish and fictitious, Musk has gained an incredible amount of trust both in the tech world and beyond. One reason for this is that he always comes through regardless of how the odds are stacked against him. <\/p>\n\n\n\n

ALSO READ:<\/strong> <\/a>African Vibes List Of African Billionaires Of 2022<\/a><\/p>\n\n\n\n

Elon Musk hasn\u2019t shown as much interest in Africa as CEOs of other big tech firms. We have seen CEOs of Airbnb, Microsoft, Google, Alphabet, and most recently Twitter (before his takeover bid which now seems to be on the edge), pay a visit to Africa. Amazon and Twitter have already moved to establish a base in Africa. But none of Musk\u2019s companies is in Africa, until recently. <\/p>\n\n\n\n

Starlink Satellite Internet Connection and What it Means for Africa<\/h2>\n\n\n\n

It was reported that Starlink, one of Elon Musk\u2019s companies, will be coming to Africa. Starlink is a satellite network developed by Spacex to provide a high-speed internet connection. It will be accessible even in the most rural areas of the world where connectivity is a challenge. The company\u2019s representative had been in talks with regulators in some African countries like Nigeria, South Africa, and Zimbabwe.<\/p>\n\n\n\n

\"Elon<\/a>
Starlink worldwide availability (Photo credit: Twitter\/@SpaceX)<\/figcaption><\/figure>\n\n\n\n

But so far, they seem to be getting nowhere in some of the countries. One reason for this could be the regulation and licensing agreement that is required for Starlink to operate in these countries. However, Mozambique has taken the lead. As of February 23rd, Starlink received the green light to operate in Mozambique. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink\u2019s presence in Africa will mean better connections, especially in areas where traditional terrestrial connections are inadequate. This means that you can have internet access wherever you live in Africa. But that is if all goes as planned and the respective governments approve their operations.<\/p>\n\n\n\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n
\"Elon<\/a>
Elon Musk (Photo credit: Twitter\/@MarcoSilberhand)<\/figcaption><\/figure>\n\n\n\n

His revolutionary way of thinking has transformed both the automobile industry and the space industry. But that\u2019s not all, Musk is a man with many talents. He has both the drive and means to excel in any industry he shows interest in. <\/p>\n\n\n\n

Even though most of his ideas seem outlandish and fictitious, Musk has gained an incredible amount of trust both in the tech world and beyond. One reason for this is that he always comes through regardless of how the odds are stacked against him. <\/p>\n\n\n\n

ALSO READ:<\/strong> <\/a>African Vibes List Of African Billionaires Of 2022<\/a><\/p>\n\n\n\n

Elon Musk hasn\u2019t shown as much interest in Africa as CEOs of other big tech firms. We have seen CEOs of Airbnb, Microsoft, Google, Alphabet, and most recently Twitter (before his takeover bid which now seems to be on the edge), pay a visit to Africa. Amazon and Twitter have already moved to establish a base in Africa. But none of Musk\u2019s companies is in Africa, until recently. <\/p>\n\n\n\n

Starlink Satellite Internet Connection and What it Means for Africa<\/h2>\n\n\n\n

It was reported that Starlink, one of Elon Musk\u2019s companies, will be coming to Africa. Starlink is a satellite network developed by Spacex to provide a high-speed internet connection. It will be accessible even in the most rural areas of the world where connectivity is a challenge. The company\u2019s representative had been in talks with regulators in some African countries like Nigeria, South Africa, and Zimbabwe.<\/p>\n\n\n\n

\"Elon<\/a>
Starlink worldwide availability (Photo credit: Twitter\/@SpaceX)<\/figcaption><\/figure>\n\n\n\n

But so far, they seem to be getting nowhere in some of the countries. One reason for this could be the regulation and licensing agreement that is required for Starlink to operate in these countries. However, Mozambique has taken the lead. As of February 23rd, Starlink received the green light to operate in Mozambique. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink\u2019s presence in Africa will mean better connections, especially in areas where traditional terrestrial connections are inadequate. This means that you can have internet access wherever you live in Africa. But that is if all goes as planned and the respective governments approve their operations.<\/p>\n\n\n\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Perhaps this is all part of Musk\u2019s charm. His unusual personality has made many to wonder if he is a visionary or a mad scientist. But one thing everyone acknowledges is that the man is a genius.<\/p>\n\n\n\n

\"Elon<\/a>
Elon Musk (Photo credit: Twitter\/@MarcoSilberhand)<\/figcaption><\/figure>\n\n\n\n

His revolutionary way of thinking has transformed both the automobile industry and the space industry. But that\u2019s not all, Musk is a man with many talents. He has both the drive and means to excel in any industry he shows interest in. <\/p>\n\n\n\n

Even though most of his ideas seem outlandish and fictitious, Musk has gained an incredible amount of trust both in the tech world and beyond. One reason for this is that he always comes through regardless of how the odds are stacked against him. <\/p>\n\n\n\n

ALSO READ:<\/strong> <\/a>African Vibes List Of African Billionaires Of 2022<\/a><\/p>\n\n\n\n

Elon Musk hasn\u2019t shown as much interest in Africa as CEOs of other big tech firms. We have seen CEOs of Airbnb, Microsoft, Google, Alphabet, and most recently Twitter (before his takeover bid which now seems to be on the edge), pay a visit to Africa. Amazon and Twitter have already moved to establish a base in Africa. But none of Musk\u2019s companies is in Africa, until recently. <\/p>\n\n\n\n

Starlink Satellite Internet Connection and What it Means for Africa<\/h2>\n\n\n\n

It was reported that Starlink, one of Elon Musk\u2019s companies, will be coming to Africa. Starlink is a satellite network developed by Spacex to provide a high-speed internet connection. It will be accessible even in the most rural areas of the world where connectivity is a challenge. The company\u2019s representative had been in talks with regulators in some African countries like Nigeria, South Africa, and Zimbabwe.<\/p>\n\n\n\n

\"Elon<\/a>
Starlink worldwide availability (Photo credit: Twitter\/@SpaceX)<\/figcaption><\/figure>\n\n\n\n

But so far, they seem to be getting nowhere in some of the countries. One reason for this could be the regulation and licensing agreement that is required for Starlink to operate in these countries. However, Mozambique has taken the lead. As of February 23rd, Starlink received the green light to operate in Mozambique. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink\u2019s presence in Africa will mean better connections, especially in areas where traditional terrestrial connections are inadequate. This means that you can have internet access wherever you live in Africa. But that is if all goes as planned and the respective governments approve their operations.<\/p>\n\n\n\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

\n

Elon Musk is a name that does not need much introduction. Unlike most other billionaires, Elon Musk doesn\u2019t shy away from the spotlight. He is so often at the center of some crazy new inventions or controversies<\/a>. This is unusual, especially for a man who is described as introverted and who has publicly admitted he is \u201csuch a bad public speaker.\u201d<\/p>\n\n\n\n

Perhaps this is all part of Musk\u2019s charm. His unusual personality has made many to wonder if he is a visionary or a mad scientist. But one thing everyone acknowledges is that the man is a genius.<\/p>\n\n\n\n

\"Elon<\/a>
Elon Musk (Photo credit: Twitter\/@MarcoSilberhand)<\/figcaption><\/figure>\n\n\n\n

His revolutionary way of thinking has transformed both the automobile industry and the space industry. But that\u2019s not all, Musk is a man with many talents. He has both the drive and means to excel in any industry he shows interest in. <\/p>\n\n\n\n

Even though most of his ideas seem outlandish and fictitious, Musk has gained an incredible amount of trust both in the tech world and beyond. One reason for this is that he always comes through regardless of how the odds are stacked against him. <\/p>\n\n\n\n

ALSO READ:<\/strong> <\/a>African Vibes List Of African Billionaires Of 2022<\/a><\/p>\n\n\n\n

Elon Musk hasn\u2019t shown as much interest in Africa as CEOs of other big tech firms. We have seen CEOs of Airbnb, Microsoft, Google, Alphabet, and most recently Twitter (before his takeover bid which now seems to be on the edge), pay a visit to Africa. Amazon and Twitter have already moved to establish a base in Africa. But none of Musk\u2019s companies is in Africa, until recently. <\/p>\n\n\n\n

Starlink Satellite Internet Connection and What it Means for Africa<\/h2>\n\n\n\n

It was reported that Starlink, one of Elon Musk\u2019s companies, will be coming to Africa. Starlink is a satellite network developed by Spacex to provide a high-speed internet connection. It will be accessible even in the most rural areas of the world where connectivity is a challenge. The company\u2019s representative had been in talks with regulators in some African countries like Nigeria, South Africa, and Zimbabwe.<\/p>\n\n\n\n

\"Elon<\/a>
Starlink worldwide availability (Photo credit: Twitter\/@SpaceX)<\/figcaption><\/figure>\n\n\n\n

But so far, they seem to be getting nowhere in some of the countries. One reason for this could be the regulation and licensing agreement that is required for Starlink to operate in these countries. However, Mozambique has taken the lead. As of February 23rd, Starlink received the green light to operate in Mozambique. <\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink\u2019s presence in Africa will mean better connections, especially in areas where traditional terrestrial connections are inadequate. This means that you can have internet access wherever you live in Africa. But that is if all goes as planned and the respective governments approve their operations.<\/p>\n\n\n\n

ALSO READ:<\/strong>  Elon Musk Is Building Technology So You can Do This With Your Brain<\/a><\/p>\n\n\n\n

Twitter and Elon Musk\u2019s Ambitious Free Speech in Africa<\/h2>\n\n\n\n

While free speech may not be a bone of contention in the West, many African governments still grapple with the concept. Recall that on June 4th, 2021, the Nigerian government banned Twitter from operating in the country. It all started on June 2nd when Twitter removed the Nigerian President\u2019s tweet for violating its rules. <\/p>\n\n\n\n

Subsequently, the Nigerian government banned Twitter, accusing it of siding with secessionists to undermine the country\u2019s \u201ccorporate existence\u201d. The ban lasted for about seven months before it was finally lifted on 12th January 2022.<\/p>\n\n\n\n

\"Elon<\/a>
(Photo credit: Twitter\/@NadaanPrindey1)<\/figcaption><\/figure>\n\n\n\n

It is believed that Twitter had consented to the regulatory guidelines set by the government of Nigeria. The absence of official comment from Twitter serves to buttress this point. The question is, does Twitter\u2019s agreement mean that it can no longer fight for the cause of the people? <\/p>\n\n\n\n

What will happen should #ENDARS repeat itself? Can the Nigerian government arm-twist Twitter into submission? So many questions. Perhaps, this was why Elon Musk\u2019s initial bid to take over Twitter garnered so much conversation. <\/p>\n\n\n\n

ALSO READ:<\/strong> Nigerian Government Twitter Ban: Who Is suffering More, The Government Or The Masses?<\/a><\/p>\n\n\n\n

Elon Musk taking over Twitter trended for a while<\/a>. In his typical fashion, Musk has people talking once again. This time, it is about \u201cFree Speech\u201d. Prior to announcing his bid, Musk berated Twitter<\/a> for not living up to its duties as the \u201cde facto public town square\u201d. <\/p>\n\n\n\n

He further stated that the platform undermines democracy by doing so. It is clear that Musk aims to modify Twitter's rules on censorship. How this plays out in countries where \u201cfree speech\u201d has been violated is left to be seen.<\/p>\n\n\n\n

On July 8, Elon Musk announced that he was pulling out of the Twitter deal. According to him, the company failed to provide details on the number of fake and spam accounts on the platform. Twitter says they will head to court to force the billionaire to honor the deal.<\/p>\n\n\n\n

While the drama continues to play out, Twitter shares has lost about 20% of their value from the time Elon Musk announced the purchase in April to July 8. <\/p>\n\n\n\n

Interesting Facts About Elon Musk\u2019s African Roots<\/h2>\n\n\n\n

But while some people debate on this, others have taken a deeper look at why the billionaire is eager to promote free speech on the platform. A recent article<\/a> has shed some light on Musk\u2019s childhood in Africa and revealed interesting facts. Most notable is his experience as a young white boy in an apartheid regime where misinformation was practiced. <\/p>\n\n\n\n

Whether this is what drives Elon Musk or not is anybody\u2019s guess. One thing is certain, Elon Musk is a fascinating personality. Here are even more interesting facts about his African roots. <\/p>\n\n\n\n

#1. He has always been pro-freedom<\/h3>\n\n\n\n

Elon Musk is a white South African and that means growing up he had to deal with the unjust apartheid system in his home country. Although Musk rarely talks about his childhood, it seems it had such an impact on him. According to him, this was one of the reasons he left South Africa at the age of 17. <\/p>\n\n\n\n

At the time, the South African government demanded that all white males between the ages of 17 and 65 years undergo compulsory military service. Musk said, \u201c I don\u2019t have an issue with serving in the military per se, but serving in the South African military suppressing black people just didn\u2019t seem like a good way to spend time.\u201d<\/p>\n\n\n\n

#2. He sold candies at an exorbitant price to make some money<\/h3>\n\n\n\n

Musk might have grown up to be a tech slash business tycoon, but it began a long time ago. Musk lived with his parents and siblings in Pretoria. As a privileged white South African, he lived among other wealthy neighbors. Musk and his brother took advantage of their environment to make some money selling homemade Easter eggs. <\/p>\n\n\n\n

They would go door-to-door to sell these chocolates at a very steep price. Whether this was his idea or his brother\u2019s idea is unknown. But you could clearly see the entrepreneurial spirit in young Elon Musk. <\/p>\n\n\n\n

#3. He felt sympathy for his father whom he describes as \u201ca terrible human being\u201d<\/h3>\n\n\n\n

At the young age of 10, Elon Musk witnessed his parents separate. But while his siblings moved in with his mother in Durban, Musk stayed back with his father. This was an action he would later regret. In an interview, Musk describes his childhood as miserable. <\/p>\n\n\n\n

Among the many reasons for this is the fact that his father was \u201ca terrible human being\u201d. When asked why he had moved in with his father, Musk replied that he felt sympathy for his father Errol Musk who seemed \u201clonely\u201d and \u201cvery sad\u201d by himself.<\/p>\n\n\n\n

ALSO READ:<\/strong> Breakthrough In Vaccine Equality As mRNA Vaccine Technology Comes To 6 African Countries<\/a><\/p>\n\n\n\n

#4. He has a sibling whose mother is his stepsister<\/h3>\n\n\n\n

Elon Musk and his father are estranged and it seems to be for the better. Among the many atrocities of Errol Musk, fathering a child with his own stepdaughter sits at the very top. <\/p>\n\n\n\n

As vile as this may sound, Errol defends himself saying it was in \u201cthe heat of the moment\u201d and that he is just a man who makes mistakes. This revelation might have shocked the world but clearly nothing strange to Elon Musk, who knew what kind of man his father is. <\/p>\n\n\n\n

#5. He struck his first deal at age 12<\/h3>\n\n\n\n

While most kids his age were playing sports, the piano, or reading comics, Elon Musk was busy closing business deals. At the age of 12, Musk had struck his first deal worth $500. That was a huge sum of money at the time. He earned the money selling a trivial space game called Blaster which he coded at the age of 12. <\/p>\n\n\n\n

#6. He disliked the apartheid system<\/h3>\n\n\n\n

Elon Musk grew up in a South Africa that was rife with misinformation. Black South Africans were considered terrorists and many white South African kids bought into the story but not Elon Musk. In fact, Musk was known to make friends with his black classmates and even defended them. <\/p>\n\n\n\n

An act that often made him the target of bullies. It\u2019s also reported that Musk was among the few white kids who attended the funeral of a classmate that passed away in a car accident. <\/p>\n\n\n\n

ALSO READ:<\/strong> Kenya Set To Join African Countries Manufacturing Electric Cars<\/a><\/p>\n\n\n\n

#7. He was often bullied<\/h3>\n\n\n\n

Musk\u2019s gregarious personality may sometimes make him look formidable. But, as a young South African, Elon Musk was often bullied by his classmates. According to him, he was \u201cthe youngest and smallest in his class\u201d. In addition to this, Elon Musk was a stereotypical nerd who was fond of books and this placed a bullseye on his back. <\/p>\n\n\n\n

#8. His parents thought he was Deaf<\/h3>\n\n\n\n

Dealing with a gifted child could be a handful and it was no different in the case of Elon Musk. As a young child in South Africa, Elon was an introvert but that\u2019s not surprising. What\u2019s actually surprising is that he would often get lost in his thoughts, so much so that his parents thought he was deaf.  <\/p>\n\n\n\n

Eventually, Elon Musk had an operation because his parents and even the doctors assumed he was deaf. To help restore his hearing, the doctors removed his adenoid glands, but it made no difference. It turned out he wasn\u2019t deaf. Perhaps, the earth wasn\u2019t as entertaining. Luckily for him, the adenoid gland plays a minor role in the body\u2019s defense system.<\/p>\n\n\n\n

ALSO READ:<\/strong> Meet The Founder Of The Year 2021 Winners<\/a><\/p>\n\n\n\n

#9. He came from a very wealthy home<\/h3>\n\n\n\n

At some point, while building his business empire, Elon Musk ran into some financial issues. What is also true is that he came from a very wealthy background. His father Errol Musk was an engineer among many things and he was part owner of an Emerald mine in Zambia. <\/p>\n\n\n\n

The elder Musk said \u201cWe were very wealthy, we had so much money at times we couldn\u2019t close our safe. One person will have to hold the money in place with another closing the door.\u201d This paints a very vivid picture of just how wealthy the Musk family was. <\/p>\n\n\n\n

#10. He failed in business, a lot<\/h3>\n\n\n\n

A lot of young Africans blame the lack of funding as an excuse for not starting or failing in their business. For them, having rich parents would have made the difference. Well, having rich parents did not make Elon Musk immune to failure. <\/p>\n\n\n\n

As a fresh graduate in 1995, he applied to Netscape and got no response. He was even ignored on his physical visit to the company. Eventually, he founded Zip2 which was supposed to be an online business directory. As the startup grew, the board lost faith in him as the CEO and he was demoted. <\/p>\n\n\n\n

A similar fate would play out with PayPal which he cofounded with Greg Kouri. In 2000 when he decided to take a break and restrategize, he contracted lethal cerebral malaria during a vacation to South Africa and Brazil. <\/p>\n\n\n\n

Tesla which surpassed $1 trillion valuation in October 2021<\/a> was almost a failure at some point. He had to throw in the $35 million he made from the sale of PayPal and resort to loans from friends to keep the company alive. In 2010, Elon was officially broke. However, the beauty of his story lies in how he consistently turned what seemed like a failure into success. <\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The life of tech billionaire Elon Musk is indeed fascinating. While he navigates the world of business and technology, Musk so often stops to give us a tweet or two. How he is able to juggle so many things remains a mystery but in his usual witty fashion, he once replied to this question by saying \u201cI\u2019m an Alien\u201d. Of course, he was just joking, or was he?. Let's hear your thoughts in the comment section below.<\/p>\n","post_title":"10 Interesting Facts About Elon Musk's African Root And His Plans In Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"interesting-facts-about-elon-musks-african-roots-and-his-plans-in-africa","to_ping":"","pinged":"","post_modified":"2024-08-12 08:43:21","post_modified_gmt":"2024-08-12 08:43:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338174","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":401518,"post_author":"11068","post_date":"2022-07-12 10:25:45","post_date_gmt":"2022-07-12 17:25:45","post_content":"\n

All you need to be a self-made millionaire is time and a positive never-die attitude. Sounds strange, right? Well, today our entrepreneur spotlight is shining brightly on Leah Wambui. She is a young Kenyan lady who has beaten all odds to build multi-million dollar real estate in Kenya. <\/p>\n\n\n\n

Her mentality during this difficult venture echoed that of Elon Musk when he once said, \u201c<\/em>When something is important enough, you do it even if the odds are not in your favor.\u201d<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: From Herding Livestock Bare Footed To The World Of Banking. See How Equity Bank Billionaire James Mwangi Made It?<\/a><\/p>\n\n\n\n

Who is Leah Wambui?<\/h2>\n\n\n\n
\"Leah
Leah Wambui, the CEO of Cheriez Properties Limited (Photo credit: Invest2Impact)<\/figcaption><\/figure>\n\n\n\n

Wambui is an entrepreneur born and brought up in Kenya. At only 16 years old, she was orphaned. This was one of the lowest moments of her life. She managed to go through her high school education and passed with flying colors. The sky was the limit for her as far as education was concerned\u2014so she thought.<\/p>\n\n\n\n

The broken dreams of an orphan girl<\/h3>\n\n\n\n

Unfortunately, Wambui was unable to continue with her education as she would have wished. She did not enroll in any university because she could not afford the tuition fees. However, instead of wallowing in misery and self-pity, she forged ahead with optimism.<\/p>\n\n\n\n

With the free time she had on her hands, she decided to look for a job. At last, she got some assistance from a kind relative and got a receptionist position. For the first time since the tragic death of her parents, she felt like she could be somebody again. <\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Temitope Mayegun Has Discovered The Secret To Success. Guess What It Is<\/a><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/N_jxTj3L_9Q\n<\/div><\/figure>\n\n\n\n

A leap of faith into entrepreneurship<\/h3>\n\n\n\n

Inasmuch as her receptionist job was helping her to pay her bills, Wambui knew she could be so much more. Her desire for a better life led her to seek greener pastures. Finally, she quit her job to start her own business as this was the only way for her to better her life.<\/p>\n\n\n\n

After much deliberation, she settled on starting a liquor store. She could not set up her business in Nairobi due to the high cost. However, with the help of her maternal aunt, she managed to start the business in the neighboring town of Kiambu where she could afford it.<\/p>\n\n\n\n

The Beginning of Leah Wambui's Real Estate Company<\/h2>\n\n\n\n

Wambui's entrepreneurial skills started blooming. At some point, she moved with her car from shop to shop and from city to city looking for customers. Finally, after much struggle and determination, she saw a light at the end of the tunnel. In 2015, she managed to buy five acres of land in Kitengela.<\/p>\n\n\n\n

That seemingly insane move marked the beginning of Cheriez Properties Limited. This is a real estate company<\/a> that currently boasts of over 200 housing units worth more than Ksh.15 million each.<\/p>\n\n\n\n

\"One
One of Leah Wambui's living room designs (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Source of Inspiration and Support System<\/h2>\n\n\n\n

While growing up, Wambui drew a lot of inspiration from her maternal aunt who was an entrepreneur. She admired her aunt's way achievements. Thus, she made up her mind to one day be just like her. Wambui is grateful to her aunt for nurturing her entrepreneurial skills.<\/p>\n\n\n\n

ALSO READ:<\/strong> Entrepreneur Spotlight: Meet Temie Giwa-Tubosun, the Founder of LifeBank<\/a><\/p>\n\n\n\n

Also, her husband has been her support system in this massive venture. Together, they have faced the challenges and tackled them head-on. Their struggle and triumph are lessons for all young African lovers hoping to tie the knot soon. Always choose a partner that understands your dream and is willing to support you through thick and thin.<\/p>\n\n\n\n

Wambui's Risks and Rewards<\/h2>\n\n\n\n

One of the biggest challenges that Leah Wambui faced on her journey to making it in real estate was land acquisition. She sacrificed a lot and took huge risks that would not appeal to many people. Together with her husband, they decided to sell their family house to raise money for the construction of the first 10 houses. They also used all their savings on this project.<\/p>\n\n\n\n

Although they had thought out their plan, the lack of funds was a huge challenge. At some point, the project halted. However, they had managed to complete a show house that was ready for sale. <\/p>\n\n\n\n

Despite marketing her product and inviting people living in Kenya and abroad to see and buy her houses, she could not seal a sale. This threw the ambitious Wambui into anxiety. However, it was only a matter of time before she could find the right buyers.<\/p>\n\n\n\n

\"Leah
Leah Wambui's Royal Gates Homes are under construction (Photo Credit: Website @cheriez.properties<\/a>)<\/em><\/figcaption><\/figure>\n\n\n\n

Theft incidents were also a big challenge and they stalled the project to some extent. At some point, she fired all her employees. Looking back on her struggles, she said,<\/p>\n\n\n\n

\u201cThis project brought great lessons with it. One day, I woke up and fired all my staff because the theft was unbearable. I would bring in tiles for the housing units and trucks will arrive at night to take them away. The project manager often conspires with workers to hike invoices.\u201d\u00a0<\/em><\/p>\n\n\n\n

One day, just as she was about to give up, somebody offered to buy one of the houses. As they say, the rest is history. From that first sale, Wambui got the finances to complete other units and customers kept coming for more. This was the point at which her multi-million real estate began and she proudly joined the prestigious millionaires club.<\/p>\n\n\n\n

Leah Wambui's Message to Youths<\/h2>\n\n\n\n

A bon mot said, the harder the battle, \"the sweeter the victory\". Despite all the challenges, Leah Wambui encourages youths to go all out for their dreams. She had no regrets whatsoever for venturing into the real estate world. Whenever she gets the opportunity to speak, she seizes the opportunity to talk to youths. She once said,<\/p>\n\n\n\n

\"If you think opportunities don't exist, create them. If you don't think you can achieve what others have, no one can help you. It was the dream from looking at birds that led to the invention of<\/em> the plane.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/youtu.be\/TPeLQigTsFM\n<\/div><\/figure>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Currently, Cheriez Properties Limited, located in Kitengela, is among the best mid-level rising developers in Kenya. Although Leah Wambui attributes her success to God, she also notes that offering high-quality products and perfecting even the smallest of details has seen her this far.<\/p>\n\n\n\n

\u201cOur housing unit markets themselves. We put in our best to carve a niche in how we present our products. We put ourselves in the shoes of our potential customers who will purchase our homes and live in it. That way we are able to create customized homes.\u201d<\/em><\/p>\n","post_title":"Entrepreneur Spotlight: Leah Wambui Built A Multi-Million Dollar Real Estate Empire From Nothing","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"high-school-dropout-leah-wambui-built-a-multi-million-dollars-real-estate","to_ping":"","pinged":"","post_modified":"2024-08-16 15:53:38","post_modified_gmt":"2024-08-16 15:53:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=321132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"3","filter":"raw"},{"ID":338962,"post_author":"2777","post_date":"2022-06-25 01:18:15","post_date_gmt":"2022-06-25 01:18:15","post_content":"\n

\"\"
Lagos State Governor Babajide Sanwo-Olu with Juliet Ehimuan-Chiazor during the Equiano cable landing ceremony to mark the beginning of a reliable internet (Photo credit: TechEconomy)<\/figcaption><\/figure>\n\n\n\n

One of the major concerns of ex-pats and holidayers when traveling to Africa is whether they will get reliable Internet speed. Well, for those touring urban centers, Internet connectivity is fairly stable in most African countries. Your speed can easily hit anywhere from 1 to 15 Mbps depending on the country. However, that cannot be guaranteed when you are touring rural areas.<\/p>\n\n\n\n

Well, that may soon be a topic for history lessons. In April 2022, Google made a huge announcement that its Equiano subsea cable had landed in Lagos. The cable ran from Portugal through the coast of West Africa on its way to South Africa, Namibia, and Saint. Helena.<\/p>\n\n\n\n

Before making landfall in Lagos, Nigeria, the cable had stopped in Togo a month earlier. The cable was named after a Nigerian-born author and abolitionist, Olaudah Equiano. It is one of the many cables that Google wants to run through Africa to boost broadband connection and guarantee reliable Internet speed.<\/p>\n\n\n\n

What does this mean to Internet consumers in Nigeria?<\/h2>\n\n\n\n

Speaking at the landing ceremony, Juliet Ehimuan-Chiazor, the West Africa Director of Google said it would improve broadband penetration, service quality, and fast-track Nigeria\u2019s digital economy advancement by 2025.<\/p>\n\n\n\n

Further expanding on the benefits, she said, \u201cInasmuch as Nigeria is the largest economy in sub-Saharan Africa, only 35% of people currently use the Internet as of 2020. The result of the ongoing digital transformation programs in the country is evident in the number of startups that have emerged in the country in the last five years.<\/p>\n\n\n\n

\u201cThese startups and other businesses are profiting from platforms that leverage internet use like e-commerce. The cables should deliver twenty times more capability than the previous cable and drive down the cost of broadband in the country.\u201d<\/em><\/p>\n\n\n\n

Starlink promising reliable Internet to Africa<\/h2>\n\n\n\n

Sometime in May 2022, Elon Musk, took to Twitter to announce that Starlink has received a license to operate in Nigeria and Mozambique. Starlink is a satellite internet assemblage run by SpaceX. In Nigeria, the company received two certifications namely the Internet service provider (ISP) and International Gateway license. Consequently, they will be operating in the country as Starlink Internet Services Nigeria Ltd.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/elonmusk\/status\/1530234643219243009\n<\/div><\/figure>\n\n\n\n

Starlink is famous for providing low-latency high-speed internet broadband all over the world. The company is promising an internet speed like never seen before in the country. Also, consumers are expected to pay slightly lower prices per gigabyte of bandwidth compared to what is currently available.<\/p>\n\n\n\n

How does Google Equiano cable differ from Starlink?<\/h2>\n\n\n\n
\"\"
What you will get when you order Starlink (Photo credit: Starlink website)<\/figcaption><\/figure>\n\n\n\n

Google\u2019s Equiano cable follows the traditional broadband structure we already know. After the subsea cable landed in Lagos, Google is working with operators like telecommunication companies to get this broadband to customers across the nation.<\/p>\n\n\n\n

The problem with this way of broadband distribution is that as you go further away from the landing spot, the speed decreases. So, those in Lagos will have a more reliable Internet than those in the northern part of the country. However, for this type of service, the consumer may necessarily have to purchase any other tool.<\/p>\n\n\n\n

In the case of Starlink, it is different. The company has launched over 2,000 satellites in the orbit and plans to launch more. At the moment, about 1,500 of those satellites are operational. However, due to its use of orbital satellites, users can enjoy the same Internet speed regardless of where they reside.<\/p>\n\n\n\n

However, consumers that wish to subscribe to Starlink in Nigeria will have to visit their website and pre-order<\/a> for $99. The Starlink Kit arrives with cables, a WIFI router, and the Starlink. This initial investment may be too high for rural dwellers\u2014who need them the most\u2014to afford.<\/p>\n\n\n\n

If you are currently planning a trip to Africa and want to know the countries with reliable Internet speed, you will find this post helpful<\/a>.<\/p>\n","post_title":"West Africa Will Soon Enjoy Reliable Internet Speed Comparable To Any City In Europe","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"west-africa-will-soon-enjoy-reliable-internet-speed-comparable-to-any-city-in-europe","to_ping":"","pinged":"","post_modified":"2024-10-06 06:08:13","post_modified_gmt":"2024-10-06 06:08:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/africanvibes.com\/?p=338962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":402875,"post_author":"2777","post_date":"2022-01-04 11:30:00","post_date_gmt":"2022-01-04 11:30:00","post_content":"\n

<\/p>\n\n\n\n

\"African<\/figure>\n\n\n\n

The faces on the African Billionaires list have remained fairly stable over the last two years. At the onset of the pandemic, in 2020, a few of the African billionaires dropped off the list and never made it back. Nevertheless, others have remained resilient with only a few shifting from their net worth in comparison to the previous year.<\/p>\n\n\n\n

The cumulative network of African billionaires has grown from over $200 billion last year to over $350 billion. Elon Musk remains the richest man in Africa and the world. On the global scene, there has been a stunning shift in the billionaire list.<\/p>\n\n\n\n

ALSO READ: African Vibes Magazine's African Billionaires of 2020<\/a><\/strong><\/div>\n\n\n\n

The former richest man in the world, Bill Gates is now in distant fourth position. Also, Warren Buffet that used to be in the top 3 is now in a distant 9th position. In all of these, the resilience of African billionaires in the face of a harsh business climate remains commendable.<\/p>\n\n\n\n

African Countries with the Most Billionaires<\/h2>\n\n\n\n

The three African countries with the most billionaires remain Egypt, South Africa, and Nigeria. Egypt has the highest number of billionaires (6) on the continent. However, their cumulative worth is still far less than that of South African billionaires.<\/p>\n\n\n\n

Out of the 54 countries in Africa, only 8 countries can boast of billionaires. This is a drop from 10 countries in the previous year. On the global scene, out of the over 3,000 billionaires, only 10 have a net worth of over $100 billion. Also, 9 out of the 10 billionaires worth over $100 billion are based in the United States.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Age Distribution<\/h2>\n\n\n\n

Tanzania\u2019s billionaire, Mohammed Deji remains the youngest billionaire on the African continent. Since there are no new faces on the billionaire list, Africa is battling with an aging billionaire list. Another worrisome observation is the drop-off of all the female billionaires on the continent. From<\/p>\n\n\n\n

At the moment, Africa has no female billionaire and the likely cause is multi-faceted. Egypt\u2019s Mohamed Al Fayed who is now 93 is Africa\u2019s oldest billionaire. The big question is, why are new billionaires not emerging in Africa. You can share your thoughts in the comment box below.<\/p>\n\n\n\n

ALSO READ: Jack Ma Takes 38 Billionaire Investors and Entrepreneur Advice To Kenya<\/a><\/strong><\/div>\n\n\n\n

Methodology<\/h2>\n\n\n\n

Our list is a snapshot from the Forbes Real-time wealth calculator<\/a> on 4th January 2022. The list changes drastically within hours meaning the figures may drastically change at a later date. The individual\u2019s public holdings and private company value are used to determine their net worth.<\/p>\n\n\n\n

Also, currency exchange rates play a significant role in the size of the fortune of non-American billionaires. Interestingly, most African billionaire list only tracks Africans in Africa. However, our list tracks billionaires with African ancestry regardless of where they live.<\/p>\n\n\n\n

<\/p>\n\n\n\n

2022 African Billionaire List<\/h2>\n\n\n\n
Picture<\/th>AV Africa Rank<\/th>Forbes Rank<\/th>Name<\/th>Net Worth<\/th>Age<\/th>Wealth Source<\/th>Hometown\/ Residence<\/th><\/tr><\/thead>
\"elon-musk_100x100\"<\/a><\/td>1<\/td>#1<\/td>
Elon Musk<\/td>
$304.2 B\u25b2<\/td>50<\/td>Auto, Space Exploration<\/td>South Africa \/ United States<\/td><\/tr>
\"aliko-dangote_100x100<\/a><\/td>2<\/td>
#171<\/td>
Aliko Dangote
<\/td>
$12.7 B \u25b2<\/td>64<\/td>Cement, Sugar, Flour<\/td>Nigeria<\/td><\/tr>
\"nassef-sawiris_100x100\"<\/a><\/td>3<\/td>
#324<\/td>
Nassef Sawiris<\/td>$8.3 B \u25bc<\/td>60<\/td>
Construction, Chemicals<\/td>
Egypt<\/td><\/tr>
\"nicky-oppenheimer_100x100\"<\/a><\/td>4<\/td>#343<\/td>Nicky Oppenheimer<\/td>$8.0 B -<\/td>76<\/td>Diamonds<\/td>South Africa<\/td><\/tr>
\"patrick-soon-shiong_100x100\"<\/a><\/td>5<\/td>
#354<\/td>

Patrick Soon-Shiong<\/td>
$7.7 B \u25b2
<\/td>
69<\/td>Pharmaceuticals<\/td>
South Africa \/ United States<\/td><\/tr>
\"mike-adenuga_100x100\"<\/a><\/td>6<\/td>
#445<\/td>

Mike Adenuga
<\/td>
$6.6 B \u25b2<\/td>68<\/td>Telecom, Oil<\/td>Nigeria<\/td><\/tr>
\"abdulsamad-rabiu_\"<\/a><\/td>7<\/td>
#719<\/td>
Abdulsamad Rabiu<\/td>$4.4 B \u25bc<\/td>61<\/td>Cement, Sugar<\/td>
Nigeria<\/td><\/tr>
\"nathan-kirsh_100x100\"<\/a><\/td>8<\/td>
#670<\/td>

Nathan Kirsh<\/td>
$4.7 B \u25b2<\/td>89<\/td>Retail, Real estate<\/td>Eswatini (Swaziland)<\/td><\/tr>
\"issad-rebrab_100x100\"<\/a><\/td>9<\/td>#644<\/td>
Issad Rebrab & Family<\/td>
$4.8 B \u25b2<\/td>78<\/td>Food<\/td>
Algeria<\/td><\/tr>
\"patrice-motsepe_100x100\"<\/a><\/td>10<\/td>
#1312<\/td>

Patrice Motsepe<\/td>
$2.6 B \u25bc<\/td>59<\/td>Mining<\/td>
South Africa<\/td><\/tr>
\"mohamed-mansour_100x100\"<\/a><\/td>11<\/td>
#1360<\/td>

Mohamed Mansour<\/td>
$2.5 B \u25bc<\/td>73<\/td>Diversified<\/td>
Egypt<\/td><\/tr>
\"naguib-sawiris_100x100\"<\/a><\/td>12<\/td>
#1046<\/td>
Naguib Sawiris<\/td>$3.1 B \u25b2<\/td>67<\/td>Telecom<\/td>
Egypt<\/td><\/tr>
\"haim-saban_100x100\"<\/a><\/td>13<\/td>
#1045<\/td>

Haim Saban
<\/td>

$3.1 B \u25b2<\/td>
77<\/td>
Communications, Investments<\/td>
Egypt \/ United States<\/td><\/tr>
\"koos-bekker_100x100\"<\/a><\/td>14<\/td>
#1379<\/td>

Koos Bekker<\/td>

$2.4 B \u25b2<\/td>
69<\/td>Media, Investments<\/td>South Africa<\/td><\/tr>
\"yasseen-mansour_100x100\"<\/a><\/td>15<\/td>
#2487<\/td>

Yasseen Mansour<\/td>

$1.1 B \u25bc<\/td>
60<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"aziz-akhannouch_100x100\"<\/a><\/td>16<\/td>#1651<\/td>
Aziz Akhannouch<\/td>
$2.0 B -<\/td>61<\/td>Petroleum, Diversified<\/td>\u00a0
Morocco<\/td><\/tr>
\"youssef-mansour_100x100\"<\/a><\/td>17<\/td>
#2100<\/td>

Youssef Mansour<\/td>
$1.5 B \u25bc<\/td>76<\/td>Diversified<\/td>Egypt<\/td><\/tr>
\"mohamed-al-fayed_100x100\"<\/a><\/td>18<\/td>
#1787<\/td>

Mohamed Al Fayed<\/td>

$1.8 B \u25b2<\/td>
92<\/td>Retail, Investments<\/td>Egypt<\/td><\/tr>
\"mohammed-dewji_100x100\"<\/a><\/td>19<\/td>#2006<\/td>Mohammed Dewji<\/td>$1.6 B -<\/td>46<\/td>Diversified<\/td>Tanzania<\/td><\/tr>
\"othman-benjelloun_100x100\"<\/a><\/td>20<\/td>
#2336<\/td>

Othman Benjelloun<\/td>

$1.3 B -<\/td>
90<\/td>Banking, Insurance<\/td>Morocco<\/td><\/tr>
\"Strive<\/a><\/td>21<\/td>
#1369<\/td>
Strive Masiyiwa<\/td>$2.5 B \u25b2<\/td>60<\/td>Telecom<\/td>Zimbabwe<\/td><\/tr>
\"Michiel<\/a><\/td>22<\/td>
#2193<\/td>
Michiel Le Roux<\/td>$1.6 B \u25b2<\/td>72<\/td>Banking<\/td>
South Africa<\/td><\/tr>
\"mohammed-ibrahim_100x100\"<\/a><\/td>23<\/td>
#2515<\/td>
Mohammed Ibrahim<\/td>$1.1 B -<\/td>75<\/td>Communications<\/td>Sudan \/ United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","post_title":"African Vibes List Of African Billionaires Of 2022","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"african-vibes-list-of-african-billionaires-of-2022","to_ping":"","pinged":"","post_modified":"2024-08-16 11:47:03","post_modified_gmt":"2024-08-16 11:47:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=329191","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":155538,"post_author":"151","post_date":"2019-07-20 08:06:51","post_date_gmt":"2019-07-20 08:06:51","post_content":"\n

<\/p>\n\n\n\n

Brain implants! You might have seen it in several science fiction movies. However, it might just be steps from becoming a reality. South African-born billionaire, Elon Musk, has revealed that one of his companies, Neuralink, is working towards using brain implants to link the brain with computers. According to the billionaire, the device was tried on a monkey and it was able \u201cto control the computer with his brain\u201d.<\/p>\n\n\n\n

Elon Musk is one of the most famous entrepreneurs. His habit of stretching the boundary of technology at short notice is remarkable. According to Elon Musk, if humans don\u2019t form a symbiosis with artificial intelligence, they risk being left behind. Thus, Neuralink has already applied to the United States regulators to permit human trials by next year.<\/p>\n\n\n\n

ALSO READ: 20 South African Teens Build An Aircraft In 3 Weeks. This Is What They Want To Do With It<\/a><\/strong><\/div>\n\n\n\n

Neuralink hopes the device will be able to help people suffering from severe neurological conditions. However, Elon Musk hopes the device will give humans \u201csuperhuman cognition\u201d in the future. Elon Musk is also the CEO of SpaceX and Tesla (TSLA<\/a>).<\/p>\n\n\n\n

What we know about Elon Musk\u2019s brain implant<\/h2>\n\n\n\n

Neuralink describes the brain implant as \u201csewing machine-like\u201d. The tiny Bluetooth-enabled implant will connect one thousand wires measuring one-tenth the width of a human hair to tiny chips. The chips have USB-C port similar to Apple\u2019s Macbook adaptor that connects a small computer worn over the ear with smartphones through Bluetooth. However, Elon Musk has this to say,<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"If you're going to stick something in a brain, you want it not to be large. The interface to the chip is wireless, so you have no wires poking out of your head. That's very important.\u201d<\/em><\/p>\n\n\n\n

The yet-to-be-named device will fit over 3,000 electrodes into the brain to monitor activity in 1,000 neurons. The accompanying chips can handle ten times more signals than the currently available systems. According to Neuralink, cancer patients, stroke victims, quadriplegics, and those seeking memory boost will benefit from the brain implant.<\/p>\n\n\n\n

ALSO READ: Two Young South African Female Scientists Compete At Karademir Science Energy Engineering Fair<\/a><\/strong><\/div>\n\n\n\n

The implant will be installed by a robot operated by a surgeon. The robot will drill 2-millimeter holes in the skull which will be plugged by the chip. However, Max Hodak, one of the company\u2019s founders and president, hopes this will change in the future with a laser drill. Mr. Hodak said,<\/p>\n\n\n\n

\u201cOne of the big bottlenecks is that a mechanical drill couples vibration through the skull, which is unpleasant, whereas a laser drill, you wouldn\u2019t feel.\u201d<\/em><\/p>\n\n\n\n

Expert opinion on the brain implant<\/h2>\n\n\n\n

<\/p>\n\n\n\n

Expert neurologists seem impressed by Elon Musk\u2019s brain implant. However, there is a caveat. The idea of a brain implant is not entirely new. In 2011, two tetraplegics received \u2018BrainGate\u2019 implant. They were able to control robotic arms including lifting and drinking from a bottle. However, one of the pioneers of the technology, neurologist Andrew Schwartz of the University of Pittsburgh Medical Center said,<\/p>\n\n\n\n

\u201cOverall, the concept is impressive and so is the progress they\u2019ve made. But a lot of this still seems to be conceptual. It\u2019s hard to tell what\u2019s aspirational and what they\u2019ve actually done.\u201d<\/em><\/p>\n","post_title":"\ud83d\ude32 Elon Musk Is Building Technology So You can Do This With Your Brain","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"closed","post_password":"","post_name":"south-african-billionaire-wants-to-link-brain-to-computers-with-implants","to_ping":"","pinged":"","post_modified":"2024-08-14 16:03:10","post_modified_gmt":"2024-08-14 16:03:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.africanvibes.com\/?p=155538","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":false,"total_page":1},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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