Africa’s richest men see their net worth increase by $2.19 billion in 2021
The rise in their collective and individual wealth marks a recovery from a sharp decline last year.
Aliko Dangote
Aliko Dangote’s cement company to engage investors in new $364.4-million debt facility
The issuance reflects Dangote Cement’s continued interest in engaging fixed-income investors.
Meet the 17 Black billionaires in the world in 2021
There are 2,755 billionaires in the world today. Only 17 are Black.
Aliko Dangote’s sugar refinery moves to invest $1 billion in Nigeria expansion
The announcement follows a move by the Central Bank, naming the company one of the country’s sole three sugar importers.
Aliko Dangote’s sugar business posts $30.6-million mid-year profit amid strong sales
The sugar refiner has a 1.44-million-metric-tonne refining capacity, making it Nigeria’s largest sugar producer.
Aliko Dangote’s cement company posts $476.3-million mid-year profit as sales surge
The profit represents a 51.9-percent growth when compared with last year’s figures.
Nigerian billionaires Coumantaros, Rabiu, Dangote to receive unhindered foreign exchange access: CBN
The Central Bank made the announcement on access to foreign exchange for sugar imports on July 16.
Aliko Dangote receives five road contracts as tax credit from Nigeria
The contracts fall under the state’s road infrastructure tax credit policy.
Billionaires.Africa Ranking: The 20 richest investors on the Nigerian Stock Exchange (NGX)
These UHNWIs have amassed staggering wealth through their positions in their own and other companies.
Africa’s wealthiest billionaire Aliko Dangote earns $700 million in 34 days
Bloomberg revealed that his wealth rose from $16.7 billion to $17.40 billion from June 1 to July 5.
Africa’s richest man Aliko Dangote moves to expand investments in Cameroon market
The group already has a 1.5-million-tonne cement grinding facility in the Francophone West African country.
Africa’s richest man Aliko Dangote moves to tap into U.S., Brazilian fertilizer markets
Several weeks ago, Dangote launched a $2.5-billion fertilizer plant that produces three times more than local consumption.
Aliko Dangote’s cement giant issues $122-million Series-1 fixed rate senior unsecured bonds
The issuance is the first made under its new $731-million (N300 billion) multi-instrument issuance program
Nigerian economy could see serious boost from NNPC stake in Dangote Oil Refinery
The country could earn $11 billion per annum from the project.
Africa’s wealthiest man Aliko Dangote gains $300 million as shares in Dangote Cement rise
The share price increased from $0.51 (N212.00) on June 1 to $0.54 (N221.50) at close of market today.
Africa’s wealthiest man Aliko Dangote partners with German association to train youths in Nigeria
The billionaire plans to replicate the youth empowerment initiative across Nigeria’s six geopolitical zones.