6 famous African traders that made it big

6 famous African traders that made it big

6 famous African traders that made it big 


Have you ever wondered whether dreams come true? Walt Disney said If you can dream it, you can do it.” Trading is a powerful avenue for wealth creation and economic growth, and Africa has its fair share of exceptional individuals who have excelled in the field.  

These influential Africans have demonstrated their exceptional trading skills, business acumen, and entrepreneurial spirit, carving out their names in the global trading landscape. Learn more about the inspiring stories of famous Africans who have made significant contributions to the world of trading.  

From forex to stocks and commodities, these individuals have harnessed their skills, knowledge, and perseverance to build successful trading careers and leave a lasting impact. 

1 Ref Wayne – South Africa  

Originated from South Africa, Ref is a notable figure in the trading industry. He has achieved incredible success at such a young age because of his outstanding trade abilities and entrepreneurial zeal. Wayne’s journey began when he dropped out of school to pursue his passion for trading. He started trading in the forex market and soon became one of Africa’s youngest self-made millionaires. 

What sets Wayne apart is his unique trading strategy, which he developed through extensive research and analysis. He has emphasised the importance of understanding market trends, risk management, and technical analysis. Wayne’s success story has inspired many aspiring traders throughout Africa and beyond, demonstrating that they, too, can achieve financial independence through trading with dedication, determination, and a solid knowledge basis. 



2 Jabulani Ngcobo – South Africa 

 Widely recognized as one of the most accomplished and wealthiest Forex traders in South Africa. He has built a significant fortune through his trading expertise and is regarded as a self-made millionaire. In addition to his trading success, Ngcobo is also an author, having penned the book titled “Cashflow Naked.” This book not only serves as a biography but also provides valuable lessons in financial education. 

What makes Ngcobo’s achievements even more remarkable is his humble background. Coming from a disadvantaged upbringing, his journey stands as a testament to the fact that anyone can achieve success with determination and ambition. 

As for Ngcobo’s net worth, it is estimated to be around $2.4 billion. This substantial wealth is a reflection of his remarkable trading acumen and entrepreneurial spirit. Ngcobo’s success serves as an inspiration to aspiring traders and showcases the potential for financial prosperity in the Forex trading industry. 


3.Uche Paragon- Nigeria 

Paragon, a self-taught trader, embarked on his trading journey in 2007 and has achieved remarkable success in the forex market. He has made significant earnings from his trading activities due to his competence and strategic approach. 

In addition to his personal achievements, Paragon has made significant contributions to the trading community in Nigeria. Recognizing the importance of education and mentorship, he established a forex trading school in the country. This institution offers comprehensive training programs and mentorship opportunities, empowering aspiring traders with the knowledge and skills needed to navigate the forex market successfully. 

Furthermore, Aragon’s passion for sharing his experiences and motivating others has driven him to become a well-known motivational speaker. He actively engages with young Nigerians, motivating them to achieve goals and embrace forex trading as a method of achieving financial freedom. He instills confidence and encourages individuals to explore the possibilities and potential of the foreign exchange market through his talks and coaching. 


4.Simz D’mandla- South Africa   


Simz D’mandla, known as one of the African continent’s most experienced Forex traders, is the visionary founder and CEO of Trade4Africa and The African Millionaires Programme. 

D’mandla’s trading career began in high school, when he saw it as a pastime. His passion and commitment, on the other hand, drove him to build sophisticated trading tactics in the Forex market, transforming his hobby into a profitable job. Remarkably, by the young age of twenty, D’mandla had already become a self-made millionaire at the age of twenty, which was remarkable. 

Beyond his success in trading, D’mandla has expanded his horizons as an Angel investor, philanthropist, and business strategist. With a visionary perspective, he actively seeks to uplift African economies and create opportunities for growth and prosperity. 

D’mandla’s multifaceted roles and commitment to making a positive impact reflect his dedication to contributing to the advancement of African economies, leaving a lasting legacy for generations to come. 


  1. Jeremiah Mootseng- Namibia

Jeremiah Mootseng, a self-made millionaire, has achieved significant success in Forex trading through his careful and calculated approach. He has established himself as an innovator in the Namibian Forex trading sector and is highly regarded as a sought-after coach for prospective Forex traders. 

Mootseng’s major goal is to educate and equip new traders with a thorough grasp of the complexities of the Forex market. To that end, he founded the First Forex Institute in Namibia, where he shares his knowledge and skills with prospective traders. 

Through his mentorship and educational efforts, Mootseng plays a pivotal role in empowering individuals to navigate the complexities of Forex trading and pursue their financial goals. His dedication to fostering a new generation of informed and skilled Forex traders positions him as a key figure in Namibia’s trading landscape. 

Honourable mention: 

  1. Titi Oyinsn Nigeria

An esteemed Women’s Wealth Producer, firmly believes in the significance of trust and reliable partnerships in the world of business. As a prominent figure in the financial industry, she emphasizes the importance of aligning with a trusted partner for success, and for Oyinsan, that partner is CMTrading. 

With a keen understanding of the intricacies of financial markets and wealth creation, Oyinsan recognizes the value of a trustworthy and dependable trading platform. CMTrading, known for its reputable presence in the industry, offers a comprehensive suite of services and features that cater to the needs of traders. 

Oyinsan’s endorsement of CMTrading stems from her firsthand experience and the trust she has developed in the platform. The partnership between Oyinsan and CMTrading represents a shared commitment to empowering traders, particularly women, and providing them with the tools and support needed to thrive in the dynamic world of finance. 

By partnering with CMTrading, traders can gain access to a robust trading environment, cutting-edge technology, educational resources, and personalised support. Oyinsan’s partnership with CMTrading demonstrates the platform’s dependability and dedication to encouraging the success of its traders. 

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