Wealthy Africans cash in as war in Iran disrupts supply chains

African industrialists capitalising on global trade disruptions: Aliko Dangote (top left), Manu Chandaria (bottom left), Vimal Shah (top right), and Mohammed Dewji (bottom right).

Photo credit: File | Nation Media Group

Nigerian billionaire Aliko Dangote, Africa's richest man and the world's wealthiest black individual, has always had a sharp eye for turning crisis into opportunity.

As the world grapples with the US-Israel-Iran war that broke out on February 28, 2026, the suffering across the Levant and Persian Gulf is immense. The official death toll in the region has already passed 14,000 in less than a month.