Africa’s Richest King Visits Nigeria On Official Trip

King Mohammed VI of Morocco arrived in Abuja on Thursday for an official visit to Nigeria, Africa’s most populous country.

The billionaire Moroccan monarch was accompanied during his visit by his brother, Prince Moulay Ismail, as well as a large entourage including Morocco’s Agriculture and Fisheries minister, billionaire Aziz Akhannouch. The trip is the third stage of a tour that has seen the King visit Ethiopia and Madagascar, as well various countries in East and Southern Africa.

Morocco’s King Mohammed VI attends the signing ceremony of bilateral agreements between Ethiopia and Morocco in Addis Ababa on November 19, 2016.

Over the last few weeks, the King has been visiting various African countries in a bid to diversify its partnerships in Africa and to strengthen the model of South-South cooperation that Morocco has developed with its traditional partners in the continent.

King Mohammed VI’s visit to Nigeria aims to strengthen bilateral cooperation between the two countries, particularly in the sectors of agriculture and solar energy.

King Mohammed is Africa’s wealthiest monarch with a fortune Forbes estimates at $5.7 billion. He owns a 35% stake in Societe Nationale d’Investissement (SNI), a holding company that owns lucrative stakes in several publicly traded companies, including the country’s largest bank, Attijariwafa; mining company Managem Group; and sugar producer Cosumar.