Tag: Aliko Dangote

Africa’s richest man Dangote outlines keys to business success
Big Business

Africa’s richest man Dangote outlines keys to business success

Africa’s richest man and most successful industrialist, Aliko Dangote, outlined what he terms the secret of his business success: self-sufficiency and backward integration, a manufacturing strategy that extracts value from entire processes. The billionaire in a public conversation which had in attendance the Nigerian vice-president Professor Yemi Osingajo, Congolese presidential […]

Dangote says Africa will become the food basket of the world
Global

Dangote says Africa will become the food basket of the world

Nigerian businessman Aliko Dangote told investors “Agriculture, agriculture, agriculture. Africa will become the food basket of the world.” In a packed room at the headquarters of global law firm Shearman and Sterling LLC high level business leaders and international diplomats invited by the Corporate Council for Africa to hear Africa’s […]

Aliko Dangote, CEO, Dangote Group
Shakers

Aliko Dangote, CEO, Dangote Group

Aliko Dangote, (GCON) is the founder of the Dangote Group, which he currently presides over as President and Chief Executive. He is also the President of the Nigerian Stock Exchange (NSE). Dangote, who was born on April 10, 1957, is a graduate of Business Studies from the Al-Azahar University, Cairo, […]

Dangote Group Acquires Twister B.V.
Big Business

Dangote Group Acquires Twister B.V.

Dangote Industries limited has announced that it has finished the acquisition of Twister B.V. In a statement released to thenigerianvoice.com, the company said it has completed the acquisition of Twister B.V., a gas processing company headquartered in the Netherlands. Twister B.V. formally owned by Shell Technology Ventures Fund 1, before its recent acquisition […]

Dangote Cement’s Q1 2016 Net Profit Fell By 25%
Big Business

Dangote Cement’s Q1 2016 Net Profit Fell By 25%

Dangote Cement PLC [DANGCEM:NL], Africa’s largest cement conglomerate has just recorded a significant drop in its Q1 2016 net profit. According to its Q1 result made available to the Nigeria Stock Exchange, Dangote’s gross revenue grew by 22.8% within the quarter to NGN 140 billion compared to NGN 114 billion recorded […]