Indian businesses have established a strong presence across Africa, with investments spanning telecommunications, energy, real estate, retail, and manufacturing. The continent’s growing markets have attracted long-term commitments from Indian entrepreneurs who now play a vital role in job creation, infrastructure development, and cross-border trade.

In 2025, several Indian business giants stand out for both their personal fortunes and the companies they have built. These firms are not only central to India’s global economic footprint but also integral to Africa’s growth story, influencing industries that touch millions of lives.

This report identifies seven of the richest Indian business giants in Africa, their latest estimated net worth, and the companies underpinning their wealth.

Prateek Suri – Maser Group and MDR Investments

Prateek Suri, born in 1988, is recognised as the youngest and richest Indian businessman in Africa in 2025, with an estimated net worth of $1.9 billion. He founded Maser Group in 2012, focusing on affordable smart televisions and electronics. By 2024, Maser had sold over 800,000 units across Africa and reached a valuation of $5 billion before being acquired by SCG Asia.

Following this success, Suri launched MDR Investments, a venture capital firm investing in infrastructure, mining, and emerging technologies across Africa. Through the Maser Foundation, he also partners with governments and NGOs to support development in underserved regions.

Anil Agarwal – Vedanta Resources

Anil Agarwal, founder and chairman of Vedanta Resources, is one of the most influential Indian billionaires with major operations in Africa. Born in 1954 in Patna, India, Agarwal built his metals and mining empire into a global powerhouse.

In Africa, Vedanta is a key player in Zambia’s copper industry through its 80% ownership of Konkola Copper Mines, employing thousands and contributing significantly to the local economy. As of 2025, Agarwal’s fortune is estimated at $1.6 billion, and Vedanta continues to expand its footprint in natural resources across the continent.

Savitri Jindal & Family – O.P. Jindal Group

Savitri Jindal, India’s richest woman, and her family oversee the O.P. Jindal Group, valued globally at around $12 billion, with a strong African presence through Jindal Africa, headquartered in Johannesburg.

The group runs major mining and energy projects including the Kiepersol Colliery in South Africa, the Chirodzi coal mine in Mozambique, and the Mmamabula Energy Project in Botswana, with further interests in Namibia, Cameroon, Zambia, and Tanzania. These ventures cement the Jindals as one of the most influential business families shaping Africa’s steel, mining, and energy sectors.

Sunil Vaswani – Stallion Group

Sunil Vaswani, chairman of Stallion Group, leads one of the largest Indian-owned conglomerates in Sub-Saharan Africa. Founded in 1969 and headquartered in Dubai, Stallion Group operates across 18 countries, employing more than 285,000 people.

Its businesses span automobile assembly, food processing, commodities, steel, real estate, logistics, and shipping. In Nigeria, Stallion revived local auto assembly, rolling out Nissan, Hyundai, and Volkswagen models. The group also dominates in rice milling and FMCG distribution.

Forbes estimated Vaswani’s fortune at $1.6 billion in 2020, while the Sunday Times Rich List placed it at £1.159bn in 2021. Today, Stallion generates an estimated $4 billion in annual revenue, much of it from Africa.

Sudhir Ruparelia – Ruparelia Group

Ugandan billionaire Sudhir Ruparelia is the founder of the Ruparelia Group, Uganda’s largest private conglomerate. His empire spans real estate, hospitality, finance, insurance, education, and floriculture.

Born in Kabatoro in 1956, Ruparelia became Uganda’s first billionaire in 2014. His flagship properties include the Speke Resort Convention Centre, which hosted the Non-Aligned Movement and G-77 summits in 2024, and Arie Towers, a commercial complex in Kampala.

As of November 2023, his net worth was estimated at $1.2 billion, cementing his position as East Africa’s richest Indian entrepreneur.

Bhimji Depar Shah – Bidco Africa

Bhimji Depar Shah, born in Mombasa in 1931, is the founder of Bidco Africa, East Africa’s largest consumer goods manufacturer.

Bidco produces more than 40 household brands in edible oils, fats, detergents, hygiene products, and beverages. Popular brands like Kimbo and Elianto remain household staples in Kenya and beyond.

With operations in 17 African countries and over 25,000 employees, Bidco Africa continues to dominate the FMCG sector. As of 2025, Bhimji Depar Shah’s family is worth an estimated $700 million.

Manu Chandaria – Comcraft Group

Manu Chandaria, chairman of Comcraft Group, is one of Kenya’s most respected industrialists. Founded in Nairobi in the 1960s, Comcraft has grown into a multinational with operations in 40 countries, specialising in steel, aluminium, and plastics manufacturing.

The group records revenues of over $2 billion annually and employs more than 30,000 people. Chandaria, also renowned for his philanthropy through the Chandaria Foundation, supports education, healthcare, and community development across Africa.

As of 2023, his net worth was estimated at over $600 million.