Africa’s richest man, Aliko Dangote, said further deals with the Investment Corp. of Dubai may run into billions of dollars after the Emirati holding company invested $300 million in his cement business last month.
“We have also agreed to invest in other other ventures in oil and agriculture,” Dangote said today in an interview at a conference in Dubai. “They already have a seat on our board. This could run into billions of dollars. There are a lot of opportunities that we are looking at with ICD.”