Dangote Rice, a subsidiary of Dangote Group is set to launch on Wednesday 25,000 hectares of rice outgrower programme in Sokoto. The project is expected to provide hundreds of thousands of employment opportunities for inhabitants of the rural communities, according to a press release from...

Africa’s richest person, Aliko Dangote, has expressed the desire to further consolidate his existing investments in Zambia and other African countries by exploring opportunities in the energy and agricultural sectors. Dangote was speaking when he paid a courtesy call on the Zambian President, Edgar Lungu,...

Foremost industrialist and President of Dangote Group, Aliko Dangote has told the audience at the World Economic Forum (WEF) holding in Davos Switzerland that a joint effort between government and private sector to tackle the power deficit remained a key element in boosting the...

Dangote Group of Companies has established a $100 million truck assembly plant in Lagos as part of its efforts to boost foreign exchange and job creation. The group said in a statement in Lagos that the plant was floated by the group in partnership with...

Nigerian cement tycoon Aliko Dangote remains Africa’s richest person for the sixth year running with a $12.1 billion fortune, despite a nearly $5 billion drop in his net worth for the second year in a row. Dangote is joined by just two other Nigerian billionaires...

Africa’s richest man and President of the Dangote Group, Aliko Dangote, has lost 32 per cent of his wealth, according to the Bloomberg Billionaires’ Index. Bloomberg reported that Dangote lost $4.9bn or one-third of his wealth as the combined effect of falling oil prices and...