VENTURES AFRICA – Worth a staggering $11.2 billion, Aliko Dangote is the richest man in Africa and amongst the richest 100 people in the world. A commodities titan who is also a cement king, his business interests continue to expand. He is also a philanthropist who has given away millions to education, health and social causes, notably giving $600 to each person displaced by the post-election violence in Nigeria. Tom Jackson looks at five important lessons that can be learned from Dangote’s success.
Dangote Cement set itself an ambitious target of producing 60 million metric tonnes of cement from all its plants, a target that now looks like it will be met in the next three years. Its six million metric tonnes plant in Calabar, Rivers State, is almost complete and primed for operations. Should Dangote achieve his target, as it looks he will, it will make Dangote…
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