ALIKO DANGOTE: THE RICHEST BUSINESSMAN IN AFRICA


Aliko Dangote is a multi billionaire business man who is the CEO of the Dangote groups. His companies operate majorly in Africa and he is estimated to be worth 19.8 billion dollars. He was born on the 10th of april 1967 and hails from Kano state.
Dangote groups is a business empire that was established in 1977 and its wings covers from food processing and distribution to cement distribution and many other sectors. The company has moved from just being a trading company to becoming the largest industrial group in Africa.

In Nigeria today, Dangote dominates the sugary refineries, cement and food processing mills. Dangote Group with its dominance in the sugar market and refinery business is the main supplier (70% of the market) to the country's soft drinks companies, breweries and confectioners. It is the largest refinery in Africa and the third largest in the world, producing 800,000 tonnes of sugar annually. Dangote Group owns salt factories and flour mills and is a major importer of rice, fish, pasta, cement and fertiliser. The company exports cotton, cashew nuts, cocoa, sesame seed and ginger to several countries. It also has major investments in real estate, banking, transport, textiles and oil and gas. The company employs over 11,000 people and is the largest industrial conglomerate in West Africa.

Dangote has diversified into telecommunications and has started building 14,000 kilometres of fibre optic cables to supply the whole of Nigeria. As a result, Dangote was honoured in January 2009 as the leading provider of employment in the Nigerian construction industry.
He has also participated in political activities and has reportedly shown interest in football. Dangote reportedly added $9.2 billion to his personal wealth in 2013, according to the Bloomberg Index, now making him the 30th richest person in the world, in addition to being the richest person in Africa.

In 2014, the Nigerian government said Dangote had donated 150 million Naira (US$750,000) to halt the spread of Ebola.
In Nigeria today and even in generations to come, Aliko Dangote would be one of the most influential and reputable business men who have been able to stand against all odds to achieve success in his venture.