Search Results for: Aliko Dangote

Aliko Dangote: An in-depth look at how Africa’s richest man made his fortune

At age 57, Aliko Dangote is Africa’s richest man, and by quite some margin. Forbes estimates his net worth to be US$20.8bn. Dangote is known as a softly-spoken workaholic, with all the trappings of wealth, including the luxury yacht and the private plane. But it is not the size of his fortune that matters. More important is how he made it – not through resource extraction or milking state coffers, but by gambling repeatedly on the future of both Nigeria and Africa. The risk has paid off, spectacularly, making Dangote a living embodiment of the “Africa rising” narrative, and...

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Aliko Dangote: Business Diversification…

WEF  11-13 May 2016 The Need To Diversify Economies: The World Economic Forum on Africa 2016 is now wrapping up Kigali, Rwanda. This year marks the 26th World Economic Forum on Africa will convene regional and global leaders from business. The forum always brings together over 1500 delegates from Africa and beyond under the theme ‘connecting Africa’s resources through digital transformation.’ CNNMoney Africa based business correspondent Eleni Giokos sat down with Nigerian billionaire Aliko Dangote founder of the Dangote Group to discuss diversifying business. Dangote pointed out that all their products and investments are very transformative…he is very confident that even though like most businesses they have their trail times, however, he is not concerned because he knows hard...

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Aliko Dangote: Nigeria will become largest exporter of urea Exporter By 2017

World’s richest black person and President of the Dangote Group, Alhaji Aliko Dangote says Nigeria will be the largest exporter of urea in Africa by 2017. Alhaji Aliko Dangote made this declaration during an interactive session between members of the organised private sector and the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, concerning global oil prices in relation to Nigeria’s foreign exchange market. “Nigeria will be the biggest exporter of urea in Africa by 2017. Most of these plans are in the pipeline,” said Dangote, who is building a 2 billion dollar fertilizer plant in the country’s Edo...

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Aliko Dangote to invest $2.3bn in north Nigeria

Africa’s richest man Aliko Dangote has announced plans to invest $2.3 billion in rice and sugar production in Nigeria’s northern region. The investment is a part of a plan to help combat poverty and insurgency in the nation. Speaking at the World Economic Forum, Dangote said that creating jobs was a crucial way of putting an end to the insurgency that has plagued the northern region in the last few years. Keep up the good work!          ...

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Aliko Dangote President of Dangote Group, made the 2014 “100 Most Influential People”

Aliko Dangote President of Dangote Group, made the 2014 “100 Most Influential People”  list as well and Bill Gates shared why he made the list as a Titan. “Aliko is Africa’s richest man, and his business activities drive economic growth across the continent. That’s impressive, but I know him best as a leader constantly in search of ways to bridge the gap between private business and public health. It’s for that reason he helped create the Nigeria Private Sector Health Alliance. And it’s for that reason he is an advocate for agricultural research and malaria...

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