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JUST IN: South African business mogul, Dr Patrice Motsepe has been elected the new CAF president



South African Business mogul Patrice Motsepe was on Friday the 12th of March 2021 elected the new (CAF) Confederation of African Football president.

According to records, Mr Motesepe is the first South African to be elected into the office of the president of the organization.

He is also one of Africa’s richest men, he is also the owner of 2016 African champions Mamelodi Sundowns but who is the man behind the money? The BBC’s Pumza Fihlani has been taking a closer look:

You should be because Patrice Motsepe is the ninth-richest person in Africa, according to Forbes magazine, and one of the country’s first black billionaires.

The founder and chairman of African Rainbow Minerals, he became a billionaire in 2008 – with Forbes calling him the first African to do so.

His rise in prominence and wealth has not been lost on black people in a country where oppressive apartheid laws shut out the majority of the population from a good life, not to mention business opportunities, for many decades.

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