Tag Archives: Aliko Dangote

Africa’s wealthiest businessman Aliko Dangote recorded a N234.38-billion ($571.06 million) boost to his net worth at the end of trading on Sept. 29 on the Nigerian Exchange, as shares in his flagship company Dangote Cement Plc surged by 6.53 percent. The half-billion-dollar gain can be attributed to sustained investor buying …

LIn Africa—as elsewhere in the world—the wealthiest have come through the pandemic just fine. The continent’s 18 billionaires are worth an average of $4.1 billion, 12% more than a year ago, driven in part by Nigeria’s surging stock market. For the tenth year in a row, Aliko Dangote of Nigeria is the …