Africa’s richest man Aliko Dangote’s cement plans to buy back shares worth $917 million
None of Dangote Cement’s directors will take part in the share buyback program.
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None of Dangote Cement’s directors will take part in the share buyback program.
Dangote has a net worth of $18.3 billion.
Dangote’s net worth has rose by $700 million in the past week.
THE Dangote Refinery is a $19-billion integrated petrochemical refinery complex.
Dangote owns 72.3 percent of Dangote Sugar Refinery.
Dangote Cement is finding it hard to outdo its performance last year.
Aliko Dangote is the world’s richest Black person.
Rabiu’s net worth has recently risen above $5.6 billion.
Obajana Cement Company is majority owned and operated by billionaire Aliko Dangote’s cement company, Dangote Cement Plc.
The refinery project has been long hampered by a number of factors.
The Obajana Cement Factory opened in 2008.
His net worth plunged from $19.1 billion at the start of the month to $18.7 billion.
Dangote is presently not only the richest man in Africa, but also the richest Black man in the world.
Dangote Sugar is a subsidiary of Dangote Industries Limited.
The decline in his net worth can be attributed to the fall in the share price of Dangote Cement.
Dangote derives the majority of his wealth from his 86-percent stake in Dangote Cement.