2010…The Year Africans Wielded Power on The World Scene Financially


Looking at this title, it is possible to immediately conclude that it is true that 2010 is the year when Africans are speaking loudest on the world scene because of the very successful hosting of the 2010 FIFA world Cup in South Africa. Yes the FIFA World Cup has giving Africa a bigger voice and generated massive interest on the continent.

But it isn’t just about the Football World cup. African businessmen have made historic moves and gestures that have left people talking more than ever. In May 2010, the football world was awoken by news that Nigerian billionaire Aliko Dangote was poised to buy a 16% stake in Arsenal Football Club (London).

It was widely reported that Nigerian tycoon Aliko Dangote could be poised to complicate Arsenal’s ownership by buying Lady The 16% stake was Nina Bracewell Smith’s. She had put her £160m worth of shares on the market through a broker.

Mr. Aliko Dangote did not finally buy the stakes but at least his presence and name had been known by the football loving community especially Arsenal fans.

Another big move was Mr. Adebayo Ogunlesi, a Nigerian lawyer/businessman, who was reported to be buying London’s 2nd largest & busiest airport (after Heathrow) Gatwick Airport for £1.455 billion. The sale of Gatwick to Ogunlesi’s Global Infrastructure Partners (GIP) is subject to approval by the European Union.