Hakeem Belo-Osagie News

Orange & Vodafone are seeking to purchase 65% of Etisalat Nigeria

Orange, Vodafone are reportedly seeking to purchase 65% of Etisalat Nigeria

Orange Telecom and Vodafone are seeking to purchase 65 percent of Etisalat Nigeria following the departure of the UAE-based Etisalat Group from its Nigerian business, reports Brandish citing unnamed sources.

After decades of building up his cement business and expanding into sugar, flour, oil, and other commodities, Aliko Dangote today is worth $18.6 billion, making him Africa’s wealthiest man and among the world’s richest. Credit: Jon Chase/harvard.edu

The path to profits in Africa: Africa's richest man Dangote describes how businesses can succeed despite obstacles

When Aliko Dangote was building his business, running four cement trucks in Nigeria in the late 1970s, a relative gave him $750,000 to expand. Business was booming — there was a cement shortage — but instead of investing the money in the business, he gave it back.