Aliko Dangote is the ‘golden child’ of Nigerian business
circles. He is the managing director of the Dangote consortium, which
spans across many sectors of the Nigerian economy. Dangote began his career
as a commodities trader; built Dangote Group into conglomerate with
interests in sugar, flour milling, salt processing, cement
manufacturing, textiles, real estate, and oil and gas.
Listed by Forbes as Africa’s richest man, the Nigerian businessman’s fortune surged 557% in the past year, making him the world’s biggest gainer in percentage terms and Africa’s richest individual for the first time. The catalyst was listing Dangote Cement, which integrated his investments across Africa with his previously public Benue Cement; it now accounts for a quarter of the Nigeria Stock Exchange’s total market cap. Already the continent’s biggest cement maker, he has plants under construction in Zambia, Continue here...
Listed by Forbes as Africa’s richest man, the Nigerian businessman’s fortune surged 557% in the past year, making him the world’s biggest gainer in percentage terms and Africa’s richest individual for the first time. The catalyst was listing Dangote Cement, which integrated his investments across Africa with his previously public Benue Cement; it now accounts for a quarter of the Nigeria Stock Exchange’s total market cap. Already the continent’s biggest cement maker, he has plants under construction in Zambia, Continue here...
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