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African Billionaires 

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Alote Dankote - Nigeria

Aliko Dangote (52), the 463th richest man on the planet. Dangote’s career spans over various industries including trading in sugar, flour milling, salt processing, cement manufacturing, real estate and oil and gas. Net worth: $2.1 billion. Country: Nigeria.

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Johann Rupert

Johann Rupert (59) & family, the 421st richest person in the world. Head of his family business, Swiss luxury group Richemont, Rupert also owns Remgro, a local investment holding company. Net worth $2.3 billion. Country: South Africa.

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Mohammed Al Moudi

Africa’s Billionaires (No. 1) * Name: Mohammed Al Amoudi * Net Worth: 10 Billion * Origin: Ethiopia

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Mohammed Ibrahim

Africa’s Billionaires (No. 10) Name: Mohammed Ibrahim Net Worth: 2.1 Billion Origin: Sudan

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Naguib Sawiris

Naguib Sawiris (55), the 374th richest man in the world, heads up Orascom Telecom, one of largest mobile providers in the Middle East, Africa and South Asia. Eldest son of Onsi Sawiris (#3) and brother of Samih Sawiris (#8). Net worth: $2.5 billion. Country: Egypt.

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Nassef Sawiris

Nassef Sawiris (48), 127th wealthiest man in the world; took over leadership of Orascom’s construction and fertiliser division in 1998. Youngest son of the Sawiris (#3). Net worth: $5.9 billion. Country: Egypt.

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Nikky Oppenheimer

Nicky Oppenheimer & family (64), the 154th richest person in the world, heads of De Beers Diamond mines, the world’s largest diamond producer. Net worth: $5.0 billion. Country: South Africa. Africa’s Billionaires (No. 3)

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Onsi Sawiris

Onsi Sawiris (80), the 307th richest man in the world and self-made billionaire is the founder of Egypt’s business empire, Orascom Construction Industries. Net worth: $3.1 billion. Country: Egypt.

olafscholzGerman Chancellor Angela Merkel’s Christian Democrats (CDU) lost the majority after voting in state elections in Hamburg on Sunday.The German Social Democrats (SPD) claimed a resounding victory taking 48.3 percent of the vote, compared to CDU’s 21.9 percent.

As a result, Hamburg city mayor, CDU’s Christoph Ahlhaus, will step down and be replaced by SPD's Olaf Scholz. The results are a big blow to Merkel, who also lost three seats in the Upper House of German Parliament, making it more difficult for her CDU to pass legislation, according to German newspaper Deutsche Welle.

The CDU, which had been in government in Hamburg since 2001, was severely punished by voters. At 21.9 percent, the party received its worst result in the port city since World War II; in the last election, in 2008, it reaped 42.6 percent of the vote. Observers attributed the CDU's loss of support to voter dissatisfaction with the party over a range of local issues, such as a failed education reform and controversial plans to dredge the city's Elbe River to improve access to Hamburg's important port.

This election is the worst showing for CDU since the second world war. The Hamburg elections are the first of seven state elections in Germany this year. The next ones will be in March in the southwestern state of Baden-Württemberg. The Baden-Württemberg election is seen as an especially important one for Merkel since the CDU has held power there for the last 58 years. If Merkel loses the state, it will disadvantage CDU at the federal level, according to Hamburg University political scientist Michael Greven, reported AFP.

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