The richest man in Africa and 23rd in the world, Alhaji
Aliko Dangote has shared his timeless business principle. It is a principle he
learnt from his grandfather, which has helped grow his business and make him
the richest black man on earth with an estimated net worth of $25 billion as of
March 2014.
He shared the principle on his twitter handle @AlikoDangote,
few days ago; saying:
“My grandfather once told me; ‘the soul of business is not
making money but making people happy”
He is the owner of the Dangote Group, which has interests in
commodities with operations in Nigeria and several other countries in Africa,
including Benin, Cameroon, Togo, Ghana, South Africa and Zambia
Dangote Group with its dominance in the sugar market and
refinery business is the main supplier (70% of the market) to the Nigerias soft
drinks companies, breweries and confectioners. It is the largest refinery in
Africa and the third largest in the world, producing 800,000 tonnes of sugar
annually.
Apart from these, Dangote Group owns salt factories and
flour mills and is a major importer of rice, fish, pasta, cement and
fertilizer. The company exports cotton, cashew nuts, cocoa, sesame seed and
ginger to several countries. It also has major investments in real estate,
banking, transport, textiles and oil and gas. The company employs over 11,000
people and is the largest industrial conglomerate in the whole of West Africa.
No comments:
Post a Comment