Nigeria’s Power Privatisation and Dangote’s strange counsel
When Africa’s richest man speaks, the world listens. Aliko Dangote has proved his mettle in business in one of the most difficult terrains in the world, by not only setting up businesses but turning them into multibillion naira organisations. Naturally, you would think Dangote would be pro-business in every way because of how much success he has achieved in business.
Dangote resigns from Dangote Flour Mills
Aliko Dangote, Africa’s richest man, on Monday, announced his resignation from Dangote Flour Mills following South Africa’s Tiger Brands funding withdrawal.
Africa’s richest man, Dangote mulls buying Nigeria oil fields
Dangote Group, controlled by Africa’s richest man Aliko Dangote, is considering the purchase of Nigerian oil fields as international companies plan to sell onshore assets in Nigeria.
Five Dangote’s cement plants to be completed in 2014
Dangote Group has disclosed that not less than five of its cement plants spread across five countries in Africa will be completed this year.
11 Nigerian firms make Africa’s top 100
Other Nigerian brands that made the list in the top 10 category included Dangote, 6; Globacom, 8; Guarantee Trust Bank, GTB, 14; United Bank for Africa, UBA, 16; Zenith Bank, 19 and First Bank, Intercontinental Bank, 20 among others.
With 20 billionaires Nigeria tops Africa billionaires list
There are far more African billionaires than previously thought, Ventures magazine said Monday in a report on the continent’s mega-rich, but the number of Africans living in extreme poverty has also shot up.
