Isabel dos Santos from Angola is Africa’s richest woman with a fortune of $2 billion. Isabel dos Santos is the eldest daughter of ex-President Jose Eduardo dos Santos.
It is believed that Isabel dos Santos syphoned hundreds of millions of dollars of public money into offshore accounts by the help of his father who was president of Angola then.
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She has stakes in Angolan state oil company Sonangol, diamonds, Telekoms (Unitel International Holdings), Angola cement company Nova Cimangola ,ZON Multimédia and an Angolan bank in Lisbon,Portugal, Banco.
She is currently under criminal investigation by the Angolan government prosecutors over corruption allegations and her assets in the country have since been frozen.
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Folorunso Alakija from Nigeria is the second richest woman in Africa with an estimated net worth of $ 1 billion. She is an Oil and gas magnate. Folorunso Alakija is the second most powerful woman in Africa ranked by forbes.