Africa’s richest man Aliko Dangote loses $1.4 billion so far in November
Africa’s richest man Aliko Dangote sees $1.4 billion drop so far in November amid share price declines.
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Africa’s richest man Aliko Dangote sees $1.4 billion drop so far in November amid share price declines.
Aliko Dangote’s wealth falls below $30 billion after a decline in Dangote Cement shares amid investor caution and tax policy concerns.
Dangote Cement and MTN Nigeria are in a tight race to become the first Nigerian company to hit a record N1 trillion profit in 2025.
Aliko Dangote’s Dangote Cement profit jumps to $508 million, marking a milestone for Nigeria’s largest cement producer.
Aliko Dangote’s net worth drops $549 million as Dangote Cement shares fall nearly 10 percent, reducing his stake to $4.96 billion.
Dangote nears $30 billion fortune as rising cement and sugar shares add $1.23 billion to his wealth in 2025.
Dangote Cement posts $1.35 billion H1 revenue, profit surges 174% as pricing strategy and strong Nigerian market drive top-line and bottom-line growth.
Dangote's net worth jumped $414 million in a day as investors poured into cement and sugar stocks on the Nigerian Exchange.
As part of the latest phase, Tetracore installed a mobile AutoGas refueling unit at Dangote Cement’s Ibese Plant in Ogun State.
This comes despite global interest in his $20 billion Dangote Oil Refinery, one of Africa’s most ambitious projects.
Dangote's empire thrives on diversification, with investments spanning cement, sugar, and oil refining, ensuring stability and long-term growth amid economic fluctuations.
With a production capacity of 2,000 tonnes per day, the new plant is expected to create hundreds of jobs for Burkina Faso’s youth.
Aliko Dangote plans to build Nigeria’s largest seaport at the Olokola Free Trade Zone and resume work on a delayed 6-million-ton cement plant in Ogun.
Inside Africa’s richest man’s payday from his cement empire, Dangote Cement Plc.
Revenue from its Nigerian unit rose from N1.29 trillion ($860.6 million) to N2.19 trillion ($1.46 billion), helped by higher cement prices.
The move is expected to double the facility’s annual capacity to 5 million tonnes, strengthening Dangote Cement Plc’s position as Africa’s leading cement manufacturer.