Africa’s richest man. Cementing a fortune. The king of concrete has ambitions beyond Nigeria, The Economist, Lagos, 23 June 2012

In a grey building on a busy roundabout in Lagos, Nigeria’s commercial capital, Aliko Dangote deals in everything from cement and sugar to pasta and prayer mats. His ascent did not follow the usual path of the Nigerian mega-rich who feed at the oil trough. A decade ago he took over several failing state enterprises and made them profitable. His critics say he is too cosy with politicians, and that his dominance of certain sectors harms the economy. But his record of building factories and reducing Africa’s dependence on imports is undeniable. “I want to be the most successful businessman in the world,” he says.

Read more at the Economist’s link The king of concrete has ambitions beyond Nigeria

One thought on “Africa’s richest man. Cementing a fortune. The king of concrete has ambitions beyond Nigeria, The Economist, Lagos, 23 June 2012

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s