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DJ Cuppy Delighted As Femi Otedola Makes Forbes’ Top 20 Richest In Africa

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Femi Otedola Makes Forbes’ Top 20 Richest In Africa | Fab.ng

Renowned Nigerian disc jockey, DJ Cuppy, expresses joy as her billionaire father, Femi Otedola, secures the 20th spot on Forbes’s list of the top 20 richest people in Africa. Forbes maintains Aliko Dangote in the top position as the wealthiest individual on the continent.

The latest Forbes rankings reveal that the 20 billionaires on the list have a combined wealth of $82.4 billion, marking a $900 million increase from the $81.5 billion recorded in 2023.

Breaking down the rankings, South Africa claims six positions, followed by Egypt with five and Nigeria with four spots. Algeria, Tanzania, and Zimbabwe each have one billionaire on the list, while Morocco boasts two individuals among the top 20 richest in Africa.

The full list includes:

Aliko Dangote: $13.9 billion

Johann Rupert & family $10.1 billion

Nicky Oppenheimer & family — $9.4 billion

Nassef Sawiris — $8.7 billion

Mike Adenuga — $6.9 billion

Abdulsamad Rabiu — $5.9 billion

Naguib Sawiris — $3.8 billion

Mohamed Mansour — $3.2 billion

Koos Bekker — $2.7 billion

Patrice Motsepe — $2.7 billion

Issad Rebrab & family — $2.5 billion

Mohammed Dewji — $1.8 billion

Strive Masiyiwa — $1.8 billion

Aziz Akhannouch & family — $1.7 billion

Othman Benjelloun & family – $1.4 bilion

Youseff Mansour — $1.3 billion

Yassen Mansour — $1.2 billion

Christoffel Wiese — $1.2 billion

Michiel Le Roux — $1.1 billion

Femi Otedola — $1.1 billion.

Billionaire Femi Otedola showed his joy through his verified Instagram page on January 23, 2024, proudly announcing his placement in Forbes’s list of the top 20 richest people in Africa.

Accompanying the announcement was a photo featuring himself, Dangote, and two others. Femi Otedola shared his excitement with a caption that read, “interesting 🙇🏾‍♂️😄… F.Ote💲.”

See the post below:

 

View this post on Instagram

 

A post shared by Femi Ote💲 (@femiotedola)

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DJ Cuppy expressed her pleasure and happiness in the comments section of her father’s Instagram post announcing his appearance on Forbes’ list of Africa’s top 20 richest. She joyfully thanked both her father and the acclaimed “God Father,” Aliko Dangote, with a delighted comment: “My 2 daddies 😍.”

This warm appreciation shows her pride and admiration for both her biological father, Femi Otedola, and the powerful figure, Aliko Dangote.

See the screenshot below:

Femi Otedola Makes Forbes’ Top 20 Richest In Africa | Fab.ng

Check out more news updates here.

AFRICAN

Biennale College Cinema Announces Kenyan-Nigerian Project For Next Edition

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1 Woman 1 Bra: Kenyan-Nigerian project | fab.ng

Biennale College Cinema in Venice has announced the Kenyan-Nigerian project, “1 Woman 1 Bra“. The director-producer duo, Vincho Nchogu and Josh Olaoluwa worked on the project. It is the only African project selected for the 13th edition of the festival. This marks a significant achievement for African cinema on the global stage.

“1 Woman 1 Bra” is among 12 projects chosen for the 2024/25 Biennale College Cinema.

These projects were unveiled during the 81st Venice International Film Festival. The teams, consisting of a director and a producer, will participate in an initial 10-day workshop in Venice. This workshop will take place from October 8 to 17, 2024.

Nchogu, the Kenyan director, and Olaoluwa, the Nigerian producer, will present their first feature film project at the workshop. Afterwards, four of the 12 projects will be selected to receive up to 200,000 Euros in production funding.

Furthermore, these four films will premiere at the 82nd Venice Film Festival in 2025. This opportunity is another milestone for Nchogu and Olaoluwa. Consequently, they have previously participated in the Red Sea Lodge and Torino Film Lab.

The Biennale College Cinema is an advanced training lab that opens doors for filmmakers worldwide. It provides a platform for emerging voices in cinema and offers valuable resources to bring creative visions to life.

Nine of the twelve projects were selected from the Biennale College Cinema – International competition. Meanwhile, the remaining three came from the Biennale College Cinema – Italy competition.

In addition to “1 Woman 1 Bra”, other notable projects include “Agnus Dei” by Massimiliano Camaiti, a second-time feature director, and producer Giovanna Nicolai. Another selected project, “Badland”, comes from first-time feature director Mounir Derbal and producer Lorenzo Fiuzzi. “Becoming Human” by director Polen Ly and producer Daniel Mattes also made the list.

Further selections include “Last Time, Again” by Chinese director Di Zhang and Canadian producer Beryl Liu, “Orange Peel” by Italian director Anita Rivaroli and producer Marco Mingolla, and “Saving The Day” by Turkish director Serhat Karaaslan and French producer Laura Dahout.

Indian director Nidhi Saxena and producer Vimukthi Jayasundara’s “Secret Of A Mountain Serpent” was also selected, along with “Summer 1999” by Vietnamese director Hang Luong Nguyen and producer Dinh Le Minh Trinh.

Other featured projects include “The Booking” by American director Gabriella Moses and producer Sarah Wharton, “The Family” by Ukrainian director Hanna Jalali and Iranian producer Moeinoddin Jalali, and “Vanishing Bones” by French director Simon Rieth and producer Inès Daïen Dasi.

Check out more updates here.

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AFRICAN

S16 Film Festival Returns For 4th Edition In December

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S16 Film Festival Returns For 4th Edition In December | Fab.ng

The S16 Film Festival is coming back for its fourth year. It will start on December 5, 2024. It will end on December 8, 2024. The organizers of the festival shared this news.

This festival happens every year. It shows off African art. The festival brings attention to great filmmakers from Africa. It also highlights independent films from Africa. The event usually has many fun activities for people who love movies.

The festival lasts for four days. During these days, people can watch short films. They can also see longer feature films. There are also panel discussions. In these discussions, well-known filmmakers talk about their work. New filmmakers who are just starting out also join these talks.

The organizers told everyone about the upcoming S16 Film Festival on August 14, 2024. They made an official announcement to share this information.

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AFRICAN

Guguru Studios Awarded ₦135m Grant To Co-Produce Musical On Illegal Mining In Ghana

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A Dream To Die For: Guguru Studios to co-produce musical | fab.ng

Nigerian film production company Guguru Studios has joined forces with three other African studios. They will create a new musical drama film titled “A Dream To Die For.” This exciting collaboration was made possible with a grant of €80,000 (approximately ₦135 million) awarded by the European Union.

This is with additional support from the Organisation of African, Caribbean and Pacific States (ACP), the International Organisation of La Francophonie (OIF), Creation Africa Ghana (an initiative of the French embassy in Ghana), and others.

The four co-producing studios include Driving Park Limited and AdomiBridge Studios from Ghana, Togo Films from Togo, and Guguru Studios from Nigeria.

This pan-African partnership shows a step forward for the film industry on the continent, as Juliet Yaa Asantewa Asante, the executive secretary of Ghana’s National Film Authority highlighted. Ms. Asantewa Asante emphasizes the importance of co-productions between African filmmakers. It fosters growth and collaboration within the industry.

“A Dream To Die For,” will tackle the complex issue of illegal small-scale gold mining in Ghana.

This act is known locally as “galamsey” which translates to “gather them and sell.” David Masterwille wrote the film.

The story follows a group of young musicians who become entangled in the dangerous world of galamsey. This collaboration between studios from diverse African nations brings a wealth of experience and perspectives. Also, it offers the potential for a powerful and nuanced exploration of this critical social and environmental issue.

This isn’t the first example of successful African film collaboration. Play Network Studios from Nigeria and Mondjila Studios from Namibia previously teamed up to produce the thriller “The Skeleton Coast.” This demonstrated the growing trend and potential of such partnerships within the African film scene.

The Guguru Studios-led project with “A Dream To Die For” promises to be another exciting addition to this movement. Furthermore, it brings together creative minds from across the continent to tell a story that resonates on a global scale.

The financial backing from the European Union and other organizations paves the way for this ambitious project. It demonstrates a recognition of the burgeoning talent and potential of African filmmakers.

With a strong creative team, a relevant social theme, and the support of international collaboration, “A Dream To Die For” is poised to impact the African and international film landscape significantly.

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