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Economic stagnation for many, while billionaires thrive

Africa has 55 billionaires at a time when the number of Africans living in extreme poverty has risen from 205 million to 414 million over the past three decades, according to the World Bank. Three of the billionaires are women — the mother of Kenya’s president, a daughter of Angola’s president and a Nigerian oil tycoon and fashion designer. The richest man is Nigeria’s Aliko Dangoe, with a fortune of $20 bi ...

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