Dangote aliko news
Aliko Dangote is a Nigerian business magnate and the founder of the Dangote Group, one of the largest conglomerates in West Africa. Here are some recent news updates about him:
- Dangote Cement's Revenue Hits N1.3 Trillion: In its 2020 financial report, Dangote Cement, the largest cement producer in Africa, announced a revenue of N1.3 trillion (approximately $3.4 billion). This represents a 12.5% increase from the previous year. (Source: Vanguard News)
- Dangote to Invest $2 Billion in Fertilizer Plant: Aliko Dangote has announced plans to invest $2 billion in a new fertilizer plant in the Nigerian city of Lekki. The plant is expected to produce 3 million metric tons of urea per annum. (Source: This Day Live)
- Dangote's Net Worth Reaches $20 Billion: According to Forbes, Aliko Dangote's net worth has reached $20 billion, making him one of the richest people in Africa. His net worth is estimated to be around $20.2 billion, ranking him 23rd on the global billionaires list. (Source: Forbes)
- Dangote to Invest in Sugar Production: Dangote has announced plans to invest $150 million in a new sugar production plant in Nigeria. The plant is expected to produce 1.5 million metric tons of sugar per annum. (Source: BusinessDay)
- Dangote's Refinery to Create 10,000 Jobs: The Dangote Refinery, a $12 billion project, is expected to create over 10,000 jobs when it becomes operational. The refinery is expected to produce 650,000 barrels of crude oil per day. (Source: The Nation)
These are just a few recent news updates about Aliko Dangote and his business ventures. As one of the most successful entrepreneurs in Africa, Dangote's activities and investments are closely followed by the media and the business community.