Aliko Dangote

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Aliko Mohammad Dangote is a Nigerian businessman known for his key roles in Dangote Group and Refinery. In 2011, he was appointed as member of the economic management team by President Goodluck Jonathan. Dangote is the wealthiest black person in the world; as of August 2025, Forbes estimates his net worth to be US$24.9 billion. In 1977, Dangote first founded the Dangote Group, a small company that traded commodities; importing sugar, salt, and food products. In 1981, he founded Dangote Nigeria Limited and Blue Star Services; both import rice, and bulk materials like steel and aluminum products. Following the large sales by the company, and high demand for cement, Dangote founded the Dangote Cement, which faced competition from Lafarge, a French cement manufacturing company known for importing cement to African countries during that period. Read more

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