Africa’s richest man Aliko Dangote pledges to become Tanzania’s economic ambassador

Africa’s wealthiest man, Nigerian billionaire Aliko Dangote has pledged to become an economic ambassador for the Tanzanian government while lauding the business climate created by President Samia Suluhu Hassan.

In a meeting on May 24 at the State House in Dar es Salaam, Dangote said the business climate has taken a dramatic turn for the better. “The business environment has changed dramatically, things have opened up. Wherever I go, I will be Tanzania’s ambassador, and I will tell people to come and invest here,” he said.

In a further statement reported by The Citizen, Dangote promised the president to continue investing in the country to create jobs, wealth and prosperity for the people.

“I think she needs that support, we shall continue to invest in a large scale in Tanzania to support what she is doing, she can only do policies, and we shall create the jobs,” he said.

According to Forbes, the billionaire founder and chairman of Dangote Group has a net worth of $11.1 billion. The group has 60 subsidiaries across the continent.

According to The Citizen, Dangote has made massive investments in cement manufacturing in Tanzania worth $770 million (1.761 trillion shillings). He has also expressed  an interest in establishing a fertilizer factory in the country.

Samia assured the billionaire that her government will protect his business interests and other investors.

She also called on ministers to ensure that the challenges facing Dangote’s cement projects are dealt with properly, so they can continue as planned. The attending ministers included Trade and Investment Minister, Professor Kitila Mkumbo, Investment  Minister Geoffrey Mwambe and Deputy Finance and Planning Minister Hamad Masauni.