Aliko Dangote, $25 billion Nigerian, Cement, Flour, - TopicsExpress

Aliko Dangote, $25 billion Nigerian, Cement, Flour, Sugar Aliko Dangote is the richest man in Africa for the fourth year in a row. His Dangote Group is West Africa’s largest industrial conglomerate and has interests in cement production, flour milling, sugar refining and food and beverages. He is $9 billion richer than he was last year on account of the soaring value of the stock price of his publicly-listed Dangote Cement which is up 65% since last year. Dangote is aggressively expanding his Cement company across new markets in Africa, recently announcing plans to build new plants in Kenya and Niger. The company is now present in 15 African countries. Dangote also recently announced plans to construct a private oil refinery and is building a tomato paste factory in Nigeria.

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