aliko dangote

The recently concluded Global Nutrition Summit 2017, held in Milan, Italy, convened governments, international agencies, foundations, civil society organisations and businesses to accelerate the global response to malnutrition, an underlying cause of nearly half of all global child deaths. A...

Dangote Cement has maintained its dominance in the Nigeria domestic cement market with 65 per cent of the total market volume. According to the results for the nine months ended September 30, 2017, the plant has doubled the size of the cement sector in the country. Chief Executive Officer...

Africa’s richest man and most successful industrialist, Aliko Dangote, on Monday revealed the secret of his business success: self-sufficiency and backward integration, a manufacturing strategy that extracts value from entire processes. “We are not going to import anything any longer,” Dangote...

Nigerian business leader Aliko Dangote told investors "Agriculture, agriculture, agriculture. Africa will become the food basket of the world." In a packed room at the headquarters of global law firm Shearman and Sterling LLC high level business leaders and international diplomats invited by...

In a series of tweets, Dolapo Oni, Head Energy Research Ecobank Group, explains why the government was right to give the Dangote Group a 10 year tax incentive Just in case anyone is complaining about this, let me explain why this is a good idea I've heard things like Dangote is not paying...

Africa’s largest cement company and Nigerian multinational-Dangote Cement Plc on Wednesday confirmed that it has indicated interest in acquiring the entire share capital of PPC Limited-a South African leading cement firm. Dangote Cement’s company secretary, Mahmud Kazaure in a statement on...

Alhaji Aliko Dangote, the Chairman, National Committee on Flood Relief and Rehabilitation, says it has provided N250 million as relief assistance to victims of the devastating flood in Benue. Dangote said on Sunday in Lagos that this was in response to the request by the Benue State Government...

Aliko Dangote, Africa’s richest man, is among those considering counter-offers for PPC Group Limited that could signal a bidding contest for South Africa’s largest cement maker, according to reports. Dangote Cement Plc sees a bid for the Johannesburg-based company as a way to accelerate...

The Peoples Democratic Party (PDP) and members of a think tank committee set up by former President, Goodluck Jonathan are making overtures to billionaire business man, Alhaji Aliko Dangote, to come and contest for the presidential election on its platform. The Daily Times while quoting an...

The President and founder of Dangote Foundation, Aliko Dangote, has set aside N200 billion to establish a world-class university in Abuja. A former Executive Secretary of the NUC, Julius Okojie, who is the chairman of the technical team for the establishment of the university, said the...

In a recent interview with international business magazine, Bloomberg, the CEO of Dangote Group talked about his quest for a simple lifestyle. When quizzed if he preferred making money or spending it, he chose the later. “I’m not a person who just likes to throw away money. I spend more money...

Aliko Dangote, while speaking with Bloomberg Market magazine, has revealed his intention to invest about $20bn to $50bn in the renewable energy and petrochemical industries in U.S and Europe. According to him, 60% of his future investments will be situated outside Africa. The 60-year-old...

It is all smiles in Niger state as Aliko Dangote has made a commitment to pump $450m into the agriculture sector in the state over the next 3 years. Speaking during the 2017 Niger State Investment Summit in Minna, Dangote said the funds would be used to establish a large scale rice processing...

Aliko Dangote, has sold a 2.3 per cent stake in his cement firm, Dangote Cement, to foreign buyers. According to Reuters, Dangote Industries Limited sold the stake in a stock market deal valued at N86.1 billion ($236 million). The news agency reports that stock exchange confirmed the sale...

Africa’s largest cement producer, Dangote Cement, has announced its unaudited results for the six months ended 30th June 2017, posting a 12.6 percent increase in sales volume across Africa. In the financials released on the floor of the Nigerian Stock Exchange indicated that the increase in...

Senator representing Zamfara Central at the National Assembly, Kabiru Garba Marafa has declared that he is richer than Africa’s richest man, Alhaji Aliko Dangote. Senator Marafa made the revelation in an interview with DailyTrust, insisting that he is extremely rich because to him, richness...

Africa’s richest man, Aliko Dangote, says allegation of bribery linked to him is “all falsehood”. Mr. Dangote said a committee set up by the Kano State House of Assembly to probe the bribery allegation should not waste its time. “It’s all falsehood,” Dangote Group spokesman, Tony Chiejina...

The investment activities and operations of Dangote Cement, owned by Africa’s richest man, Aliko Dangote, is being threatened by new government order in Ethiopia. “Dangote may quit its cement operations in Ethiopia if authorities in the central state of Oromia don’t reverse an order to cement...

A coalition of northern Nigeria youths has descended heavily on the African richest man, Alhaji Aliko Dangote, saying he is a moral liability to the northern region. This is in reaction to comments by Dangote which cast them as jobless youths seeking relevance. The youths also described...

Africa’s richest man, Alhaji Aliko Dangote has reacted to the quit notice issued to Igbos by a coalition of northern youths. The Arewa groups had asked South-easterners living in the north to vacate before October 1. Giving his position on the issue which has drawn condemnation from many...