Africa’s richest man

Africa’s richest man, Dangote drops 54 places in Forbes rating

Nigerian Billionaire, Aliko Dangote has fallen from being the 51st richest person in the world to the 105th, according to the 2017 Forbes Rich List. Forbes magazine reports that Dangote’s wealth dropped from $15.4 billion (£11.8bn) in 2016 to $12.2 billion this year, due to Nigeria’s devalued currency. Dangote, who made his fortune in the production... Read More

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Africa’s richest man, aliko dangote, bill gates, Jeff Bezos, Worlds richest

August 4, 2014

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Dangote makes Africa’s largest single investment in rice production

by Tunji Andrews Africa’s richest man and king capitalist, Alhaji Aliko Dangote has pledged to invest $1 billion (N165 billion) in Nigeria’s commercial rice farming; making it the largest single investment ever made in rice production on the continent. The investment will see the establishment of two modern integrated rice mills. They will both... Read More