| Name | Aliko Dangote |  |
| Surname | Dangote | |
| First Names | Aliko | |
| Alternate Name | ||
| Title | ||
| Country of Birth | Nigeria |
| Positions | |||
| From | To | Organisation | Position |
| 1997 | DANGOTE Group | Founder & CEO | |
| Date of Birth | 10 Apr 1957 |
| Political Affiliation | PDP |
| Telephone | |
| Address | |
| Notes | In March 2008 Dangote was named by Forbes as one of the first 2 black African bilionaires. For more information, see the following links: http://www.forbes.com/lists/2008/10/billionaires08_Aliko-Dangote_64RI.html http://www.africanloft.com/motsepe-and-dangote-africas-new-billionaires-on-the-block/ [ Retrieved on 17 MAR 2008 ] Aliko Dangote has become such a colossus in the Nigerian investment world. His sprawling business interests which spread across the West African Sub-region from the Republic of Benin , through Ghana to Cote d’Ivoire , puts in proper perspective his entrepreneurial skills, with textiles, foods and transportation as his strategic forte. The Kano born sugar merchant got his first break in 1977 at the age of 21 years. 1977 was the year he actually went into cement business. Today, Dangote has his tentacles in almost every sphere of human activity and owns about six companies including Dangote Nigeria Limited, Dangote Textiles Limited, Dangote Holdings, Blue Star Limited, Dansa Foods, and recently the Dangote Flour Mills factory that was established in Kano. He started out under studying his Uncle, Sanusi Dantata before setting up his own business in the late 1970s with a loan from his uncle. Dangote moved from Kano to Lagos where he participated in the massive importation and sale of cement needed for the country’s development. Having cut his business teeth here and made his money, Dangote has never looked back till date. He directs a business that has diversified from its early concentration on commodity trading into banking, agriculture, manufacturing, textile and transportation. Dangote controls 60% of sugar market in Nigeria today, given the heavy demand by Nigeria ’s soft drink industry, breweries, and confectionary industries for sugar. Because of his enormous investment in the business and his transport haulage business, he can distribute his sugar faster, cheaper and at a uniform price nationwide which the competition cannot match. Dangote is reputed to have good investments even in foreign based sugar refineries that supply him. Dangote also imports and sells rice, vegetable oil, and cement. He employs over 2000 Nigerian as his workforce in his various business. In the 1980s, Dangote decided to move from being just a successful commodity dealer to a more rounded entrepreneur with solid investments in finance and manufacturing. [ Retrieved on 17 MAR 2008 - http://www.newswatchngr.com/editorial/Notable%20Leaders/leaders11115141527.htm ] For biographies of Mr Dangote, see: http://www.newswatchngr.com/profiles/Aliko%20Dangote-Ultimate%20Player.htm http://www.newswatchngr.com/editorial/Notable%20Leaders/leaders11115141527.htm http://www.gamji.com/article4000/NEWS4607.htm http://www.sunnewsonline.com/webpages/features/ceomagazine/2005/mar/28/ceomagazine-28-03-2005-001.htm [ Retrieved on 17 MAR 2008 ] |
| Record last updated on 17 MAR 2008 |