There is no way Black excellence would be pronounced without making reverence to a man who has used his adroit skill and wit in business to sketch Africa on the global map of serial entrepreneurship. Being the world’s riches Black person is not enough, he is not scholarly an economist albeit, but his adept exuberance in both local and global economics is one sage pedestal too many.
Aliko Dangote GCON, MFR is a Nigerian billionaire business magnate. He is the founder and chairman of Dangote Group, an industrial conglomerate in Africa. Dangote group is a great industrial empire spanning through production of cement, sugar, flour, and a crude oil refinery in view which will be the largest in the African continent and world match.
Born in 1957 to a family of business enthusiast, the industrialist is today worth $11.1 billion, making him Africa’s richest person and the richest Black man in the world.
With his entrepreneurial career spanning for over four decades, Dangote has a multi-trillion Naira conglomerate with string of operations in African countries, like Benin, Ghana, Nigeria, Zambia and Togo. Dangote sugar accounts for about seventy percent of sugar market supplied to beverage companies, breweries, and confectioneries in Nigeria. This culminates to his sugar company being the largest in Africa and third largest in the world, with an annual production of 800,000 tonnes of sugar. Being a major importer of rice, fish, cement, and fertilizer and major exporter of cotton, cocoa, cashew nuts, and ginger, Dangote group also owns flour mills and salt factories. The business outlook is considerably the largest industrial conglomerate in West Africa, as it has a work force of about 11,000 people.
As a businessman par excellence, the 64-year-old serial entrepreneur has a foray into telecommunications, in which he has started building 14,000 kilometers of fiber optic cables to supply the whole of Nigeria.
This exuberant African industrialist has assumed global recognitions for his ingenious contributions to the global market, especially to the sub-Saharan Africa.
He has been listed by Forbes as the most powerful man in Africa for six (6) consecutive years, amongst other numerous recognitions and awards that had been added to his carts.
Dangote currently sits on the board of the Corporate Council on Africa, and also a member of the steering committee of the United Nations Secretary-General’s Global Education First Initiative. He is also a member of the Clinton Global Initiative and the International Business Council of the World Economic Forum.
