Jackal
JF-Expert Member
- Apr 10, 2012
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The economic magazine Forbes, founded in 1917 by Bertie Charles Forbes is renowned for its various rankings published annually. This year, Forbes attributed to Aliko Dangote the second place of the most powerful black people in the world, after Barack Obama. Indeed, the one who is considered the richest man in Africa is ranked 68th, twenty places of the current American president who ranks him in 48th place.
Mr. Dangote is also, de facto, the second most powerful African personality behind Egyptian President Abdel Fatah el Sissi. The 59-year-old Hausa businessman is a key financial and investment force in Africa.
The CEO of Dangote Group , is a regular Forbes ranking. It has already been classified:
Aliko Dangote built his colossal fortune by founding Dangote Cement, the largest cement producer on the continent. In 2015, Dangote Cement creates new plants in Cameroon, Ethiopia, Zambia and Tanzania. The company produces more than 30 million tons per year and plans to double its capacity by 2018. Through its business, Aliko Dangote is present in 16 countries on the continent. His secret?
“To reinvest its profits in the country instead of hiding money in Swiss coffers, to lead a modest way of life and to bet on the domestic market of the most populous country in Africa”
In 2016, Aliko Dangote did not hesitate:
“If we Africans do not do it and set an example, no one else will come to Africa”
Mr. Dangote is also, de facto, the second most powerful African personality behind Egyptian President Abdel Fatah el Sissi. The 59-year-old Hausa businessman is a key financial and investment force in Africa.
The CEO of Dangote Group , is a regular Forbes ranking. It has already been classified:
- 67 th richest person in the world and the richest in Africa in 2013
- 23rd richest person in the world in 2014
- Personality of the year in 2014
- The richest person in Africa in 2015
- The biggest fortune of Nigeria and the 51st fortune of the world in 2016
Aliko Dangote built his colossal fortune by founding Dangote Cement, the largest cement producer on the continent. In 2015, Dangote Cement creates new plants in Cameroon, Ethiopia, Zambia and Tanzania. The company produces more than 30 million tons per year and plans to double its capacity by 2018. Through its business, Aliko Dangote is present in 16 countries on the continent. His secret?
“To reinvest its profits in the country instead of hiding money in Swiss coffers, to lead a modest way of life and to bet on the domestic market of the most populous country in Africa”
In 2016, Aliko Dangote did not hesitate:
- In February, he announced his project “rice for all” in Nigeria with the objective of making the country self-sufficient in rice.
- In June, Dangote Group acquired shares in the African Export-Import Bank, according to Dangote, to promote regional integration and intra-African trade.
- In September, he became CEO of General Electric Africa, as co-chairman of the board of directors of the US-Africa Business Center.
- It will announce the same month the construction of the largest refinery in Africa, aiming for a production capacity of 400,000 barrels per day.
“If we Africans do not do it and set an example, no one else will come to Africa”