Aliko Dangote

Aliko Dangote is a Nigerian business magnate and philanthropist. His name is famous not only in Nigeria but all over the globe. He is the Founder of Dangote Group, which was established as a small trading firm, to become a multi trillion-naira conglomerate and the largest conglomerate in West Africa. The Group currently has a presence in 17 African countries. Dangote has expanded to cover cement manufacturing, food processing and freight, and has become the largest industrial group in Nigeria. Dangote Cement, the continent’s largest cement producer, produces 45.6 million metric tons annually. It is the largest listed company in West Africa and the first Nigerian company to join the Forbes Global 2000 Companies list. Dangote Group also dominates the sugar market in Nigeria, with Dangote Sugar Refinery, and is a major supplier to the country’s soft drink companies, breweries and confectioners. Dangote Group has diversified into other sectors of the Nigerian economy and is currently constructing the largest petroleum refinery, petrochemical plant and fertilizer complex in Africa.

Internationally, Dangote sits on the board of the Corporate Council on Africa and is a member of the Steering Committee of the United Nations Secretary-General’s Global Education First Initiative, the Clinton Global Initiative, the McKinsey Advisory Council, and the International Business Council of the World Economic Forum. He was named Co-chair of the US-Africa Business Center, in September 2016, by the US Chamber of Commerce. In April 2017, he joined the Board of Directors of the Clinton Health Access Initiative, which is helping countries build the systems necessary to provide health services to their people.

A dedicated philanthropist, Aliko Dangote made an initial endowment of $1.25 billion to the Dangote Foundation in March 2014, enabling it to scale up its work in health, education and economic empowerment. In addition, he is collaborating with the Bill and Melinda Gates Foundation to fight polio. He is also on the Board of ONE, the anti-poverty group, co-founded by Bono. In 2018, Dangote said he would like to become the biggest philanthropist in Africa. He said: “I do not only want to be known as Africa ’s richest man but the biggest philanthropist in Africa. I will continue to use my resources and my voice to help shape a better Nigeria and Africa as a whole”.

A graduate of Al-Azahar University in Cairo, Egypt, Dangote began his business career in 1978, trading in rice, sugar and cement, before he ventured into full-scale manufacturing. In 2013, Forbes listed him as the ‘Most Powerful Man in Africa.’ In April 2014, TIME Magazine listed him among its 100 ‘Most Influential People in the World.’ He also made the list of CNBC’s ‘Top 25 Businessmen in the World’ that changed and shaped the century.