Africa’s richest man and Chairman of Dangote Group, Aliko Dangote, has once again retained his position as Africa’s wealthiest man, topping Forbes’ Real-time Billionaires List with a net worth of $24.4 billion and ranking 88th globally. The latest ranking, released at the weekend, underscores Dangote’s unmatched dominance in Africa’s wealth hierarchy, where he stands far…
The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has stated that Africa loses $90 billion annually to importation of substandard petrol fuel due to lack of refineries in the continent. Speaking during the ongoing West African Refined Fuel Conference held in Abuja, Dangote revealed that, due to the continent’s limited domestic refining capacity, Africa imports…
Africa’s heavy dependence on fuel imports has turned the continent into a dumping ground for substandard petroleum products, Aliko Dangote, has said. The president of Dangote Industries Limited and Africa’s richest man made the remarks during an interview with journalists, where he highlighted the motivation behind building the $19 billion Dangote Refinery. He called for…
Dangote group is set to expand its $2.5 billion fertiliser plant located in Lagos, which will make Africa self-sufficient in fertiliser supplies and significantly reduce import costs. Aliko Dangote said on Friday that the planned production capacity would boost supply needs of the continent in the next 40 months. If the plan is successfully completed…
President Lazarus McCarthy Chakwera has met with Africa’s richest man, Aliko Dangote, in Abuja, Nigeria, where he is attending the 32nd Afrexim Bank Annual Summit. Hot on the heels of another high-level meeting with billionaire Tony Elumelu, Chakwera’s engagement with Dangote marks a deliberate strategy to court heavyweight African investors capable of shifting Malawi’s economic…
Aliko Dangote, Founder and President/Chief Executive of Dangote Group, says that job creation is essential for making Africa great again. Dangote made the statement while addressing the 32nd Afreximbank Annual Meetings 2025 (AAM2025) in Abuja on Friday. He spoke on the topic “The Path to Making Africa Great Again”. He urged Africans to adopt the…
