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

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

dagonteAt 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 his company one of the key drivers of Africa’s economic development Read more here.

 

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