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Tag Archives: Dangote’s

Dangote’s net worth now $18.3 billion – Report

After enduring a significant decline in his net worth between May and October, Africa’s richest man, Aliko Dangote experienced a significant increase in his wealth figures in the first week of November, propelling him to the position of the world’s 82nd richest man. According to the Bloomberg Billionaires Index, which …

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Aliko Dangote’s $19-billion oil refinery 97% complete – Report

Dangote Industries Limited, a multinational manufacturing group owned by Africa’s richest man Aliko Dangote, has announced that the Dangote Oil Refinery, a $19-billion integrated petrochemical refinery complex, is 97-percent complete. In a recent update on the ongoing construction work at the multibillion-dollar petrochemical complex in Lagos’s Lekki Free Zone, the …

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Meet the Nigerian merchant behind Aliko Dangote’s success journey

Africa’s richest man, Aliko Dangote’s great grandfather, Alhassan Dantata, was a trader from Northern Nigeria who traded mainly in kola nuts and groundnuts. His distribution pool extended far into Europe and at the time of his death, he was the richest man in West Africa. But what exactly was the …

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