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Dangote loses over US$1 billion in single day as investors book profit

Africa’s richest man Aliko Dangote has seen his net worth slump by over $1 billion in a single day. His net worth fell below the $20-billion mark on Thurs., Dec. 9, due to a decline in the market value of his stake in his flagship company, Dangote Cement Plc. Dangote, …

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