Aliko Dangote: In for the long haul

Aliko Dangote, CEO, Dangote Group

With a $10bn investment in the ongoing construction of a stateof-the-art refinery, as well as a neighbouring fertiliser plant, on the outskirts of Lagos – Nigeria’s commercial nerve-centre – not to mention his portfolio of projects across countries like Cameroon, Ethiopia, Tanzania and Zambia, the Kano-born billionaire looks, unsurprisingly, on the bright side of life.

“Investing in Africa is a longterm project. If you are thinking only of the short term, you shouldn’t invest in Africa at all. But it’s a very good place to invest in… Anybody who doesn’t invest in Africa will subsequently regret it,” he told me at his expansive refinery site in Ibeju-Lekki, a 45-minute drive from metropolitan Lagos.

Read more: Aliko Dangote: In for the long haul – New African Magazine