Africa Richest Man, Dangote, Reveals The Secret Of His Company’s Success
Africa’s richest man, Aliko Dangote, has stated that the challenge of electricity was adversely affecting the growth of the continent’s economy. Speaking at the Africa CEO forum in Abidjan, the President of Dangote group also disclosed what has made his conglomerate successful. “Where I come from, which is Kano in Nigeria, we have over 20 million people and we are sharing 35 megawatts only,” Dangote said. “So when we started business as a group, we said that we would not go into the national grid. Every single country that we are operating in, we would create, generate our own power and that is why we have been very, very successful.” In his remark, President of the African Development Bank, Akinwumi Adesina, said Africa must seek ways to light up the continent. “If you walk in the dark, you’ll stumble and you will fall. But if you walk in the light, you will constantly see things ahead of you,” he said. “The problem is, ...