Subscribe to Updates

    Get the latest news straight to your inbox.

    What's Hot

    Aliko Dangote, the Nigerian businessman who makes Africa proud

    July 10, 2021

    Miriam Makeba, the powerful African singer who fought against Apartheid

    July 10, 2021

    He was the greatest art collector in Africa, Sindika Dokolo

    June 25, 2021
    Facebook Twitter Instagram
    Facebook Twitter LinkedIn Instagram
    Magazine of African Leaders in AmericaMagazine of African Leaders in America
    Soubscribe Login
    • Africa story
    • Leadership
    • Discovery
    • Portrait
    • Advisor
    • Events
    Magazine of African Leaders in AmericaMagazine of African Leaders in America
    Home»Portrait»Aliko Dangote, the Nigerian businessman who makes Africa proud
    Portrait

    Aliko Dangote, the Nigerian businessman who makes Africa proud

    Icietailleursmag_usaBy Icietailleursmag_usaJuly 10, 2021Updated:July 30, 20213 Mins Read
    Facebook Twitter LinkedIn WhatsApp Pinterest Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Aliko Dangote was born on 10 April 1957 in Kano in northern Nigeria. The first born of a business family of two children, he obtained a Bachelor’s Degree in Business Administration at Al-Azhar University in Cairo, Egypt.

    He returned to Nigeria in 1977 and joined his uncle Abdulkadir Sasuni Dantata in the business world. With this experience he received a loan of 500,000-naira ($2,500) and 3 trucks from his uncle repayable in two (2 years) interest-free to set up his own business. It was around the 1980s that the Dangoté Empire expanded as it diversified its commercial activities by creating in 1981 the DANGOTE GROUP, which gradually launched the assault on Lagos, the economic capital of Nigeria.

    Aliko Dangoté is the richest person in Africa with a net worth of $12.1 billion.

    He founded the largest cement producer in Africa called Dangoté Cement.  The business tycoon has had a refinery under construction since 2016 and is expected to be one of the largest oil refineries in the world once completed.

    The arrival in power of the military junta in 1983 will be profitable because the competitors of DANGOTE GROUP will be imprisoned for corruption. It is taking advantage of this opportunity to invest in markets left vacant, particularly in the food sector. His trip to South America, specifically to Brazil in 1999, directed him towards industry. Starting from cement, this businessman diversified his activities over the decades, to expand in several African countries in the agri-food, real estate, telecommunications, according to the ranking of the biggest fortunes in the world published by Forbes magazine, Aliko Dangoté would constitute the 23rd world fortune estimated at more than 25 billion dollars.

    Aliko Dangoté has always had motivational phrases. It is now seen as a model of success for young people on the African continent. The richest man in Africa sat his empire for years at the cost of many sacrifices. A lesson he never ceases to repeat to young people whenever he has the opportunity to meet them.

    The Nigerian businessman tells us that if you want to succeed in business and build a successful business, you have to have a goal. But having a goal is not enough. You must obsessively focus on achieving it.” He also advises that to succeed in business, you must build a brand and never destroy it. A defining advantage I had when I entered the manufacturing industry was my brand “Dangoté”, which I had patiently built with my merchandise.”

    #Africa #AlikoDangote #BusinessMan #Nigerian
    Share. Facebook Twitter LinkedIn WhatsApp Pinterest Email
    Previous ArticleMiriam Makeba, the powerful African singer who fought against Apartheid
    Icietailleursmag_usa
    • Website

    Magazine of African Leaders in America.

    Related Posts

    Miriam Makeba, the powerful African singer who fought against Apartheid

    July 10, 2021

    He was the greatest art collector in Africa, Sindika Dokolo

    June 25, 2021

    Leave A Reply Cancel Reply

    Demo
    OUR PICKS

    African American boxer who conquered Africa

    May 19, 2021

    African countries which had their independence in 1960

    April 27, 2021
    • Facebook
    • Instagram
    • Twitter
    • YouTube
    DON'T MISS
    Portrait

    Aliko Dangote, the Nigerian businessman who makes Africa proud

    By Icietailleursmag_usaJuly 10, 2021 Portrait 3 Mins Read

    Aliko Dangote was born on 10 April 1957 in Kano in northern Nigeria. The first…

    Miriam Makeba, the powerful African singer who fought against Apartheid

    July 10, 2021

    He was the greatest art collector in Africa, Sindika Dokolo

    June 25, 2021

    King Pele, the most famous footballer in Africa yesterday

    June 10, 2021

    Subscribe to Updates

    Get the latest news straight to your inbox.

    About Us
    About Us

    Ici et Ailleurs LLC, Magazine of African Leaders in America.

    Find us

    Address
    Reynoldsburg, Ohio 43068, Columbus, United States

    Business hours
    Monday to Friday: 9:00 a.m. to 5:00 p.m.
    Saturday and Sunday: 11 a.m. – 3 p.m.

    Our Picks

    African countries which had their independence in 1960

    April 27, 2021

    Top 5 best African footballers of all time

    May 15, 2021

    African American boxer who conquered Africa

    May 19, 2021
    Tweets
    Facebook Twitter LinkedIn Instagram
    • Africa story
    • Portrait
    • Leadership
    • Advisor
    • Discovery
    Licence © 2023 Ici & Ailleurs LLC. Raviga Corporation

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?