How Aliko Dangote Became the Richest Person in Africa
How Aliko Dangote Became the Richest Person in Africa At the age of 21, Aliko Dangote borrowed $3,000 from his uncle to import and sell agricultural commodities in Nigeria, his native country. His business venture quickly became successful, and as a result, he managed to repay the complete loan within three months of starting operations. For the ninth time in an exceedingly row, Dangote was the richest man in Africa in 2020, with an estimated net worth of $10.1 billion. The business empire he began to create over three decades ago, Dangote Group, is one amongst the most important private-sector employers in Nigeria furthermore because the most beneficial conglomerate in geographical region. Dangote's business interests encompass many industries, including oil and gas, commodity, and manufacturing. About 80% of his conglomerate's revenue comes from Dangote Cement. in line with Forbes magazine, the subsidiary produces 44 million metric loads of cement each year and operates in 10
