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Aliko Dangote: Africa’s Richest Man

AFRICANGLOBE - Meet Africa's richest man: Aliko Dangote. Forbes magazine estimates his wealth at $25bn, making him the 23rd richest man in the world with a growing portfolio of investments across Africa.

Africa’s Richest Man To Sell Stake In Cement Firm To UAE...

AFRICANGLOBE - Africa’s richest man Aliko Dangote is selling a stake in his cement company to a sovereign wealth fund owned by the government of Dubai, United Arab Emirates.

Africa’s Richest Man Aliko Dangote Partners Blackstone, Carlyle In $5 billion...

AFRICANGLOBE - Two of America’s largest private equity firms are teaming up with West Africa’s largest industrial conglomerate, Dangote Industries, to invest in Africa.

Africa’s Richest Man To Invests $1 Billion In Rice Production In...

AFRICANGLOBE - Africa’s wealthiest man Aliko Dangote has announced plans to invest $1 billion in commercial rice farming and modern integrated rice mills in Nigeria. Dangote reportedly made the announcement on Friday during a visit to Nigeria’s Minister of Agriculture.

Seven Tips For Entrepreneurs Wanting To Be The Next Dangote

AFRICANGLOBE - Are people born entrepreneurs or can business skills be learnt? Owinga believes the basics of entrepreneurship can be taught. However, it is essential to have the ability to identify opportunities, a business mindset and a passion for whatever venture you want to pursue.

The Rise And Rise Of Africa’s Richest Man

AFRICANGLOBE - At age 57, Aliko Dangote is Africa's richest man, and by quite some margin. Forbes estimates his net worth to be $20.8 billion; the wealth of his nearest competitor, South Africa’s Johann Rupert, is valued at $7.9 billion. Dangote is known as a softly spoken workaholic, with all the trappings of wealth, including the luxury yacht and the private plane.

An In-Depth Look At How Africa’s Richest Man Made His Fortune

AFRICANGLOBE - At age 57, Aliko Dangote is Africa’s richest man, and by quite some margin. Forbes estimates his net worth to be US$20.8bn; the wealth of his nearest competitor, South Africa’s Johann Rupert, is valued at $7.9bn. Dangote is known as a softly-spoken workaholic, with all the trappings of wealth, including the luxury yacht and the private plane.

Africa’s Best Response To Boko Haram

AFRICANGLOBE - Most of Africa is at peace these days and prospering in unexpected ways. Economic growth is outpacing the rest of the world. Foreign investment has hit a record high. Yet when Boko Haram kidnapped more than 200 girls in Nigeria last month, the shock to the world’s conscience only reinforced a perception of Africa as a continent held back by perpetual conflict.

What Homes Africa’s Super Rich Spend Their Billions On

AFRICANGLOBE - Currently, the continent is building up a select club of billionaires that is giving the world’s wealthiest a run for their money. What has not been in the public domain, though, is how they privately use their immense wealth apart from the known investments.

Africa’s Richest Man Makes Time’s 100 Most Influential People List

AFRICANGLOBE - Nigerian Aliko Dangote, Africa’s richest man and the founder and CEO of industrial conglomerate the Dangote Group, has been named one of Time magazine’s 100 Most Influential People in the world for 2014.

Africa’s Richest Man Bids For Shell Nigerian Asset

AFRICANGLOBE - Africa’s richest man, Aliko Dangote, is planning to acquire a stake in a Nigerian gas field owned by Anglo-Dutch multinational energy giant Shell. According to a report by Africa Intelligence, Dangote Industries submitted the highest bid for Shell’s stake in Oil Mining Lease (OML) 18 at an auction organized last year in the Niger Delta region.

So You Want To Be A Billionaire?

AFRICANGLOBE - Billionaires either solve a problem or meet the demand of the masses. While most entrepreneurs try to avoid problems, billionaires view problems as business opportunities. Steve Jobs was an expert at solving a problem and creating demand for Apple products. Bill Gates solved problems dealing with computers. Henry Ford made cars affordable for the masses.

Africa’s Richest Man Briefs Liberian President On Investments

AFRICANGLOBE - Africa’s richest man, billionaire Alhaji Aliko Dangote, paid a courtesy call, Thursday, on President Ellen Johnson Sirleaf at her Foreign Ministry Office, where he briefed her on the progress of his investment in Liberia.

What Africa’s Richest Man Aliko Dangote Told The World Economic Forum

AFRICANGLOBE - Africa has many entrepreneurial people with the capacity to be successful in business, but access to financing for small and medium enterprises (SMEs) remains a major challenge. So said Nigerian-born Aliko Dangote, believed to be the continent’s richest man, today during a session titled ‘Africa’s Next Billion’, at the World Economic Forum in Davos, Switzerland.

Nigerian Billionaire Considers Buying Oil Fields

AFRICANGLOBE - Dangote Group, controlled by Africa’s richest man Aliko Dangote, is considering the purchase of Nigerian oil fields as international companies plan to sell onshore assets in the continent’s top crude producer. The company, which has interests from cement to sugar, needs to secure a supply of crude oil and a “substantial amount of gas” for a $9 billion oil refinery and petrochemical complex it plans in southwest Nigeria

Africa’s Richest Man Dangote Plans $16 Billion Expansion

AFRICANGLOBE - Dangote Group, the Nigerian company controlled by Africa’s richest man Aliko Dangote, plans to invest about $16 billion in cement, petrochemicals and agriculture over the next four years to boost expansion.
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