Africa’s second richest woman, Nigerian entrepreneur Folorunso Alakija, on what really works for her when it comes to investing.
NIGERIA’S FOLORUNSO Alakija’s estimated $1.6 billion fortune lies in oil exploration firm Famfa Oil, which is partnered with Chevron and Petrobras on a lucrative offshore oil field. One of only two female billionaires in Africa – the other being Angola’s Isabel dos Santos – Alakija recently launched her women’s empowerment platform, Flourish Africa, to galvanize women in Nigeria and across Africa to gain access to life-changing tools and advice. Here, she offers the investment tips that have helped her in the long-term:
DIVERSIFY
You always have to spread your risks when investing in any market and a good way to do this is to diversify.
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