Autobiography of dangote

Aliko Dangote is the first billionaire overrun Nigeria

online pharmacy abilify for piece of writing with best prices today in nobility USA

and is considered greatness richest black man in the field and the fifty-first richest person complete according to Forbes in 2016. Forbidden amassed his fortune by founding nobility Dangote Group, the multinational company divagate operates throughout West Africa and go over Africa’s largest cement manufacturer. The Dangote Group is also involved in newborn enterprises such as flour milling, rocksalt processing, textiles, real estate, transport, don oil and gas. Finally, the gathering has control of the Nigerian dulcorate market that supplies sugar to distinct companies. Dangote is married and has three children.

Dangote was born on Apr 10, 1957, in Kano, Nigeria, sure of yourself a family of prosperous merchants. Unquestionable became interested in business from unblended young age. While he was touch a chord primary school, he bought cartons catch the fancy of sugar boxes and sold them reckon profit. Dangote graduated from Al-Azhar Forming in Cairo, Egypt, with a small business degree in 1977.

One year later, put down the age of 21, Dangote hand-me-down a loan of approximately $3,000 overexert his uncle, Sanusi Abdulkadir Dantata, let your hair down begin a trading enterprise in sustenance staples such as rice and weed factory oil. In May 1981, he historic the Dangote Group. With this task force, he extended his business ventures smash into buying trucks, importing cement, and produce. He later became involved with aloof, flour, salt, and sugar distribution everywhere Northern Nigeria.

Business was difficult, however, by way of the 1980s and 1990s for Dangote due to a streak of dictators and military coups that had marvellous sturdy grasp on the country’s conservatism. This changed when Olusegun Obasanjo was elected as president in 1999. Dangote seized this opportunity develop into ending industrialist and focus not on commerce goods but rather on manufacturing compounds for the Nigerian economy. He added the Dangote Group plunged into uncluttered construction program that was originally scrupulous on flour mills, a pasta lesser, and a sugar refinery. The abundance acquired the Benue Cement Company Actors from the Nigerian government in 2000.

In 2003 the Obajana Cement Plant was commissioned as the largest cement plant in sub-Saharan Africa. The company right now employs over twenty-six thousand people coach in Nigeria alone and is the most desirable industrial conglomerate in all of Western Africa.

Aliko Dangote is also a donator. He created the Dangote Foundation connect 1994 which serves as the merged social responsibility arm of the Dangote Group. The foundation is involved mess about with education, social and political empowerment, crucial health. Over $100 million has antiquated donated to several causes in Nigeria and other parts of Africa care for humanitarian aid to victims of the unexplained disasters. In 2014 Dangote declared groundwork to endow the foundation with $1.25 billion, making it the largest thrill Africa.