Aliko Dangote is ranked the 67th richest man in the world by Forbes Magazine, and is the richest man in Africa. The Nigerian businessman is the Chairman and CEO of the Dangote Group, which operates industries throughout Nigeria and has grown a presence in other African countries and regions. Dangote strives to use his resources on the development and prosperity of his country.
The Dangote Group focuses on providing products and services to meet the basic needs of the Nigerian population. The group serves as the country’s largest industrial group and includes Dangote Sugar Refinery, Dangote Cement, Dangote Flour, Dangote Cement, as well as several others. Of the many subdivisions of the group, Dangote Sugar Refinery has been the most lucrative, providing 70% of the country’s sugar supply, as well as being the third-largest sugar refinery in the world.
Recently, Dangote has proposed the building of a giant oil refinery. This addition would mean that Nigeria could refine its own petroleum for the first time, which would lead to a boost in the overall economy as well as a downfall of the country’s corrupt oil industry.
Aliko Dangote has been awarded numerous honors, such as being named Forbes Africa’s Person of the Year in 2014, as well as receiving the country’s second-highest award in 2011 – being appointed Grand Commander of the Order of the Niger.