Interesting facts about the richest man in Africa (Dangote)

The Nigerian popular businessman, Aliko Dangote, is the Chief Executive Officer of the most reputable company in Africa

The respected businessman is a Hausa by ethnic from Kano State. He was born on 10 April 1957 into a wealthy Muslim family of the Nigerian bourgeoisie, the son of Mohammed Dangote and Mariya Sanusi Dantata, the daughter of Sanusi Dantata. He is the great-grandson of Alhassan Dantata, the richest West African at the time of his death in 1955.

Dangote had his primary school at Sheikh Ali Kumasi Madrasa, followed by Capital High School, Kano and then finished his secondary school at Government College, Birnin Kudu. He had his tertiary education at Al-Azhar University, Cairo where he bagged B.sc in Business and administration

Short Story about his Business

The Dangote Group was established as a small trading firm in 1977, the same year Dangote relocated to Lagos to expand the company. Today, it is a multi trillion-naira conglomerate with many of its operations in Benin, Ghana, Nigeria, Zambia and Togo.

Dangote has expanded to cover food processing, cement manufacturing, and freight. The Dangote Group also dominates the sugar market in Nigeria and is a major supplier to the country’s soft drink companies, breweries, and confectioners. The Dangote Group has moved from being a trading company to be the largest industrial group in Nigeria including Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.

Dangote Group owns salt factories and flour mills and is a major importer of rice, fish, pasta, cement, and fertiliser. The company exports cotton, cashew nuts, cocoa, sesame seeds, and ginger to several countries. It also has major investments in real estate, banking, transport, textiles, oil, and gas.

Dangote has diversified into telecommunications and has started building 14,000 kilometres of fibre optic cables to supply the whole of Nigeria. As a result, Dangote was honoured in January 2009 as the leading provider of employment in the Nigerian construction industry.

Interesting facts about Dangote you will like to know

1. Dangote was born on 10 April 1957 in Kano State, he is presently living in Lagos State

2. Dangote had his secondary school at Sheikh Ali Kumasi Madrasa, followed by Capital High School, Kano and then finished his secondary school at Government College, Birnin Kudu. He had his tertiary education at Al-Azhar University, Cairo where he bagged B.sc in Business and administration

3. Dangote is the founder of Dangote Industry Limited that is widely recognized in Africa Nations and International

4. Dangote business only operates within the African countries

5. Dangote is the richest man in African with a Net worth of US$11.1 billion as of May 2021

6. Dangote company are into businesses such as Dangote Sugar Refinery, Dangote Cement, and Dangote Flour, salt factories and flour mills, telecommunication

7. Dangote has major investments in real estate, banking, transport, textiles, oil, and gas

8. Dangote is a major importer of rice, fish, pasta, cement, and fertiliser and a major exporter of cotton, cashew nuts, cocoa, sesame seeds, and ginger

9. Dangote has been married and divorced twice. He has three daughters – Mariya, Halima, Fatimah – and one adopted son Abdulrahman Fasasi

10. He is also an avid enthusiast of Arsenal F.C. in England and has shown interest in buying it.