3. Mohamed Abshir Abdi 

Source: Seafood, Real Estate

Mohamed Abshir Abdi made his fortune trading seafood. His Hafun Fishing Company, which he founded in 1992, is involved in the importation, distribution and sale of seafood products- everything from lobsters and frozen fish to dried shark meat. The company has annual revenues of more than $10 million.

4. Ismail Ahmed 

Source: WorldRemit

Ismail Ahmed is the founder of WorldRemit, a London-based online money transfer service that lets people send money to friends and family in other countries. In 2015 the company raised $100m in a Series B funding round led by Technology Crossover Ventures (TCV) and Accel Partners. Ahmed is CEO of the company.

5. Amina Moghe Hersi

Source: Diversified 

Amina Hersi Moghe’s parents were nomads who migrated from Somalia and settled in Bungoma, Western Kenya, where she was born. Growing up as a child, she worked with her mother in setting up a hardware store before settling down in Uganda to trade soft commodities and cement. She built a fortune from there and delved into real estate. Hersi, 64, now owns some of the choicest pieces of real estate in Uganda, including the landmark Oasis Shopping mall in Kampala, and hotel Laburnam Courts. Her sugar manufacturing company, Atiak Sugar Factory, is also developing a $120 million sugar factory in Uganda’s northern region.