He is not just the richest African but the richest black person in the world.With a net worth of over 16 billion dollars,he occupies the 43rd position on the Forbes magazine ranking on the world richest people.He is the richest African for the past seven years. At the age of 21 and with a loan from his uncle he started his first company which has over the years grown into a multi-billion dollar conglomerate called Dangote group with operations mainly in Nigeria,but also in Benin Republic,Ghana,Gambia,Togo,South Africa and Ethiopia.Dangote Group controls about 60% of Nigeria’s sugar business and 42% of the country’s cement market.Dangote Group also owns salt factories and flour mills and is a major importer of rice,fish,pasta and fertilizer.The company also exports cotton,cashew nuts,cocoa,sesame seed and ginger to several countries.Dangote group is the biggest private employer of labour in Nigeria.It has over 18000 people in its employment. Our world shaker is Alhaji Aliko Dangote.Born on April 10,1957 in Kano State,Nigeria to the family of Mohammed and Mariya Dangote.He started out in business with a mission “To provide basic needs for Nigerians” a cause that has come to be of great reward,putting him on the world map as the............
Posted on: Fri, 06 Sep 2013 15:54:38 +0000
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