This week Forbes released its anual list of young African Millionaires to watch out for this year. Not suprisingly, 2 Nigerians; luxury designer Alexander Amosun and Sim Shagaya made it on the list sitting at positions 2 and 4 respectively. Find the full list below and continue to read what Forbes had to say about them. 

1) Ally Edha Awadh,Tanzania 
Age: 32 
Source: Energy distribution & transportation 

2) Alexander Amosu,Nigeria 
Age: 38 
Source: Luxury Accessories 

3) Mohammed Dewji,Tanzania 
Age: 39 
Source: Manufacturing 

4) Sim Shagaya,Nigeria 
Age: 38 
Source: E-Commerce 

5) Dennis Makori,Kenya 
Age: 34 
Source: Telecom Services 

6) Adii Pienaar,South Africa 
Age: 29 
Source: WordPress Themes 

7) Colin Thornton, South Africa 
Age: 34 
Source: Computer Services 

8) Mike Macharia, Kenyan 
Age: 36 
Source: Seven Seas Technologies 

9) Ken Njoroge, Kenya 
Age: 38 
Source: Mobile technology 

10) Bethlehem Tilahun Alemu,Ethiopia 
Age: 34 
Source: Shoes 



Alexander Amosun: 
He's Africa's foremost high-end luxury designer. He is the founder of Amosu Couture, a company that custom-designs and sells diamond-encrusted mobile phones, iPads, headphones and other accessories. Amosu made his first million at age 24 by informally selling ring-tones to mobile phone subscribers in the United Kingdom. Buoyed by the success of this venture, he founded RnB ringtones, a company which grossed over $1.5 million in its first year of operations. He sold the company in 2004 for $15 million to a British mobile value added services provider and used the funds to setup Amosu Couture. His wholly-owned Kamson Luxury Group publishes the Nigerian edition of British celebrity magazine, Ok! 

Sim Shagaya; 
The Harvard MBA and serial entrepreneur is the founder is Konga.co m, Nigeria's largest e-commerce company. Konga, which Shagaya founded in July 2012, has raised more than $38 million from investors such as Kinnevik and South African media giant, Naspers. Prior to founding Konga, Shagaya founded Dealdey, Nigeria's leading group-buying e-commerce site, and E-Motion, an outdoor advertising company.

source: forbes

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