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Africa’s Richest Man Retires from Refinery After 20 Years as Chairman

Dangote Steps Down as Chairman After Two Decades Aliko Dangote , widely recognized as Africa’s richest man , has officially retired as Chairman of the Board of Directors of Dangote Sugar Refinery Plc after serving in that role for over 20 years . His exit marks a major milestone in the history of one of Nigeria’s most iconic industrial enterprises. Dangote, who founded the Dangote Group , has played a central role in shaping the Nigerian sugar industry, driving local production, and reducing reliance on imports. Under his leadership, the refinery became a dominant force in West Africa, known for its efficiency, scale, and commitment to quality. A Legacy of Vision and Impact During his tenure, Dangote oversaw significant growth and modernization of the sugar refining sector in Nigeria. He championed investments in infrastructure, technology upgrades, and policy advocacy aimed […]

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Dangote Joins World Bank’s Elite Private Sector Investment Lab

Aliko Dangote, President and Chief Executive of the Dangote Group, has been appointed to the World Bank’s Private Sector Investment Lab , a prestigious initiative aimed at boosting investments and creating jobs in emerging economies. In a statement confirming his acceptance, Dangote expressed his excitement and commitment to driving sustainable economic growth through private sector-led initiatives. “I am both honoured and excited to accept my appointment to the World Bank’s Private Sector Investment Lab, dedicated to advancing investment and employment in emerging economies,” Dangote said. “This opportunity aligns with my long-standing commitment to sustainable development and unlocking the potential of developing economies. Drawing inspiration from the remarkable successes of the Asian Tigers, which have demonstrated the power of strategic investment and focused economic policy, I am eager to collaborate with fellow leaders to replicate such outcomes across other regions,” he […]

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