Kate Fotso
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Kate Fotso
Kate Kanyi-Tometi Fotso is a Cameroonian businesswoman who founded the largest cocoa exporter in Cameroon. Fotso, according to Forbes Africa, is the richest woman in Cameroon and the 20th richest person in the African Francophonie. Career Fotso has been involved in the cocoa industry for more than 20 years and has been called the "iron lady of the cocoa sector". She was married to André Fotso, a Cameroonian businessman who founded the TAF Investment Group and was head of the Cameroonian Employers' Association. Her husband died on 2 August 2016. Fotso is a founder and director of the Telcar Cocoa company, the largest exporter of cocoa beans in Cameroon, accounting for 30% of the country's cocoa exports with roughly 48,000 tons of cocoa exported in 2015–2016. Telcar works in close partnership with American agricultural trading firm Cargill. Fotso was appointed by Cameroonian president Paul Biya to represent exporters on the board of directors for the autonomous port of Kribi. ...
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Cocoa Bean
The cocoa bean (technically cocoa seed) or simply cocoa (), also called the cacao bean (technically cacao seed) or cacao (), is the dried and fully fermented seed of ''Theobroma cacao'', from which cocoa solids (a mixture of nonfat substances) and cocoa butter (the fat) can be extracted. Cocoa beans are the basis of chocolate, and Mesoamerican foods including tejate, an indigenous Mexican drink that also includes maize, and pinolillo, a similar Nicaraguan drink made from a cornmeal & cocoa powder. Etymology The word ''cocoa'' comes from the Spanish word , which is derived from the Nahuatl word . The Nahuatl word, in turn, ultimately derives from the reconstructed Proto-Mixe–Zoquean word ''kakawa''. Used on its own, the term ''cocoa'' may also mean: * Hot cocoa, the drink more known as ''hot chocolate'' Terms derived from ''cocoa'' include: * Cocoa paste, ground cocoa beans: the mass is melted and separated into: ** Cocoa butter, a pale, yellow, edible fat ** Cocoa s ...
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Cameroon
Cameroon (; french: Cameroun, ff, Kamerun), officially the Republic of Cameroon (french: République du Cameroun, links=no), is a country in west-central Africa. It is bordered by Nigeria to the west and north; Chad to the northeast; the Central African Republic to the east; and Equatorial Guinea, Gabon and the Republic of the Congo to the south. Its coastline lies on the Bight of Biafra, part of the Gulf of Guinea and the Atlantic Ocean. Due to its strategic position at the crossroads between West Africa and Central Africa, it has been categorized as being in both camps. Its nearly 27 million people speak 250 native languages. Early inhabitants of the territory included the Sao civilisation around Lake Chad, and the Baka hunter-gatherers in the southeastern rainforest. Portuguese explorers reached the coast in the 15th century and named the area ''Rio dos Camarões'' (''Shrimp River''), which became ''Cameroon'' in English. Fulani soldiers founded the Adamawa Emirate ...
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Forbes Africa
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Forbes ...
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Francophonie
Francophonie is the quality of speaking French. The term designates the ensemble of people, organisations and governments that share the use of French on a daily basis and as administrative language, teaching language or chosen language. The term was coined by Onésime Reclus in 1880 and became important as part of the conceptual rethinking of cultures and geography in the late 20th century. Denominations Francophonie, francophonie and francophone space are syntagmatic. This expression is relevant to countries which speak French as their national language, may it be as a mother language or a secondary language. These expressions are sometimes misunderstood or misused by English speakers. They can be synonymous but most of the time they are complementary. * "francophonie", with a small "f", refers to populations and people who speak French for communication or/and in their daily lives. * "Francophonie", with a capital "F", can be defined as referring to the governments, gover ...
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Cocoa Bean
The cocoa bean (technically cocoa seed) or simply cocoa (), also called the cacao bean (technically cacao seed) or cacao (), is the dried and fully fermented seed of ''Theobroma cacao'', from which cocoa solids (a mixture of nonfat substances) and cocoa butter (the fat) can be extracted. Cocoa beans are the basis of chocolate, and Mesoamerican foods including tejate, an indigenous Mexican drink that also includes maize, and pinolillo, a similar Nicaraguan drink made from a cornmeal & cocoa powder. Etymology The word ''cocoa'' comes from the Spanish word , which is derived from the Nahuatl word . The Nahuatl word, in turn, ultimately derives from the reconstructed Proto-Mixe–Zoquean word ''kakawa''. Used on its own, the term ''cocoa'' may also mean: * Hot cocoa, the drink more known as ''hot chocolate'' Terms derived from ''cocoa'' include: * Cocoa paste, ground cocoa beans: the mass is melted and separated into: ** Cocoa butter, a pale, yellow, edible fat ** Cocoa s ...
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Cargill
Cargill, Incorporated, is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T. Cargill has frequently been the subject of criticism related to the environment, human rights, finance, and other ethical considerations. Some of Cargill's major businesses are trading, purchasing and distributing grain and other agricultural commodities, such as palm oil; trading in energy, steel and transport; raising of livestock and production of feed; and producing food ingredients such as starch and glucose syrup, vegetable oils and fats for application in processed foods and industrial use. Cargill also has a large financial services arm, which manages financial risks in the commodity marke ...
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Paul Biya
Paul Biya (born Paul Barthélemy Biya'a bi Mvondo; 13 February 1933) is a Cameroonian politician who has served as the president of Cameroon since 6 November 1982.Profile of Biya at Cameroonian presidency web site
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Biography at 2004 presidential election web site
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He is the second-longest-ruling president in Africa and the oldest head of state in the world. A native of Cameroon's south, Biya rose rapidly as a bureaucrat under President
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Kribi
Kribi is a beach resort and sea port in Cameroon. Location The coastal town of Kribi lies on the Gulf of Guinea, in Océan Department, South Province, at the mouth of the Kienké River. This location, lies approximately , by road, south of Douala, the largest city in Cameroon and the busiest seaport in the country. The coordinates of Kribi are: 2° 56' 6.00"N, 9° 54' 36.00"E (Latitude: 2.9350; Longitude: 9.9100) Overview It has an estimated population of 55,401. It services sea traffic in the Gulf of Guinea and also lies near the terminus of the Chad-Cameroon pipeline. The Lobé Waterfalls are nearby and there is a road inland, through the Littoral Evergreen Forest, as far as Bipindi and Lolodorf where native communities of Pygmies are found. Kribi Power Station Kribi Power Development Company (KPDC) has built a natural gas-powered electricity generating plant, Kribi Power Station, in the community of Mpolongwe, approximately , north of the Kribi central business distr ...
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Ecobank
Ecobank, whose official name is Ecobank Transnational Inc. (ETI), is a pan-African banking conglomerate, with banking operations in 36 African countries. It is the leading independent regional banking group in West Africa and Central Africa, serving wholesale and retail customers. It also maintains subsidiaries in Eastern and Southern Africa. ETI has representative offices in Angola, China, Dubai, France, South Africa, and the United Kingdom. Overview ETI is a large financial services provider with offices in 36 countries around the world, and presence in 36 sub-Saharan countries. , ETI's customer base was estimated at 13.7 million, with 9.6 million (70.2%), located in Nigeria, the continent's most populous nation. ETI's branch network numbered 1,305, with 1,981 networked ATMs. Group network , Ecobank Transnational had banking operations in 36 African countries, with representative offices in Angola, Beijing, Dubai, Ethiopia, South Africa and the United Kingdom: Ecobank Tran ...
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Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is the ...
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List Of Africans By Net Worth
The Richest Africans is an annual ranking of the richest African people, compiled and published by the American business magazine ''Forbes''. The list has been published since 2015. Dangote Group founder Aliko Dangote has topped the 2018 list. In 2018, there was a record of 23 African billionaires on the list. Individuals who are from Africa, but don't reside in the continent (such as Elon Musk and Mo Ibrahim) are omitted by Forbes from the list. Annual rankings 2021 As of 2021, Nigerian billionaire Aliko Dangote is the richest person in Africa, and the African countries with the most billionaires are Egypt (5), South Africa (5), Nigeria (3), and Morocco (2). 2019 The 2020 billionaires' list was released by Forbes on 14 January 2020. Also, the Forbes provides daily net worth updates which reflects change by 5 PM ET of prior trading day. See also * Lists of billionaires * List of countries by the number of billionaires A ''list'' is any set of items in a row. Lis ...
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Slate (magazine)
''Slate'' is an online magazine that covers current affairs, politics, and culture in the United States. It was created in 1996 by former '' New Republic'' editor Michael Kinsley, initially under the ownership of Microsoft as part of MSN. In 2004, it was purchased by The Washington Post Company (later renamed the Graham Holdings Company), and since 2008 has been managed by The Slate Group, an online publishing entity created by Graham Holdings. ''Slate'' is based in New York City, with an additional office in Washington, D.C. ''Slate'', which is updated throughout the day, covers politics, arts and culture, sports, and news. According to its former editor-in-chief Julia Turner, the magazine is "not fundamentally a breaking news source", but rather aimed at helping readers to "analyze and understand and interpret the world" with witty and entertaining writing. As of mid-2015, it publishes about 1,500 stories per month. A French version, ''slate.fr'', was launched in February 20 ...
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