Aliko Dangote

President / CEO, Dangote Group

Nigeria

Africa’s foremost industrialist, Aliko Dangote successfully transformed a small trading business, which he began in 1977 to a multibillionaire business which now spans the West-African Sub-region. He is a global industrialist, member of several national and foreign organizations where he devotes his resources to contribute to the growth and development of the society.

Profile:
Aliko Dangote, (GCON) is the founder of the Dangote Group, which he currently presides over as President and Chief Executive. He is also the President of the Nigerian Stock Exchange (NSE).

Dangote, who was born on April 10, 1957, is a graduate of Business Studies from the Al-Azahar University, Cairo, Egypt. He started business in 1978 trading in rice, sugar and cement, before he ventured into full-scale manufacturing. The Dangote Group, whose core business focus is to provide local, value-added products and services that meet the basic needs of the Nigerian population, has grown by leaps and bounds and has presence in 16 African countries. The Group, which currently has a market capitalisation of over $24 billion as at December 2013, has four of its 13 subsidiaries listed on the NSE. One of the subsidiaries, Dangote Cement Plc is the biggest listed company in West Africa and the first Nigerian company to join the Forbes Global 2000 Companies. In addition, Dangote’s Obajana Cement Plant is reputed to be one of the single largest cement plants in the world with an estimated capacity of 13.25million metric tonnes per annum.