In this success post, we are going to share the story of Aliko Dangote, who is the richest man in Africa due to his investments in various commodities through his brand, Dangote Group.
Aliko Dangote Early Life and Childhood
Aliko Dangote was born on 19th April 1957 in a prominent business family of Nigeria. His great Grandfather, Alhaji, was the richest man in Nigeria in his time, till his death. His parents were Mariya and Mohammed Dangote. He is an ethnic conservative Muslim Hausa from the Kano State.
“I can remember when I was in primary school, I would go and buy cartons of sweets [sugar boxes], and I would start selling them just to make money. I was so interested in business, even at that time.”
Aliko Dangote Early Career
Aliko Dangote established the Dangote Group at the age of 20. Back then, it was a small trading firm, but over time it grew into one of the biggest conglomerates in the continent that extended its influence to nations such as Ghana, Nigeria, Benin, and Togo.
Aliko Dangote Business Expansion
The Dangote Group began expanding and even moved on to food processing as well as cement manufacturing amongst some other businesses. A major portion of their money comes from the booming sugar trade in Nigeria, and they are the main suppliers to many of the soft drinks and brewing companies in the country, along with some of the major confectioners.
His sugar refinery is the largest in Africa in addition to being the third-largest across the globe. They also export a multitude of food items around the continent, including pasta, fish, and flour. A nobleman who always wants to serve his nation, he also started venturing into the telecommunication sector, coming up with close to 14000 km of fibre optic cable that will be able to provide high-speed internet to the people of Nigeria.
Aliko Dangote Achievements
He is also the leading provider of jobs in the construction arena of Nigeria and emphasized on how much he wanted his country to one day become a world leader in all fields.
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