Alhaji Aliko Dangote
President /CE, Dangote Industries Limited
Aliko Dangote is the founder and President/Chief Executive of Dangote Industries Limited, the largest conglomerate in West Africa. A graduate of Al-Azhar University in Cairo, Egypt, Dangote began his business career in 1978, trading in rice, sugar and cement, before he ventured into full-scale manufacturing.
The Group he founded, currently has presence in 17 African countries and is a market leader in cement on the continent. One of the Group's subsidiaries, Dangote Cement Plc, is the largest listed company in West Africa and the first Nigerian company to join the Forbes Global 2000 Companies list. The Group has four other subsidiaries: Dangote Petroleum Refinery and Petrochemicals, Dangote Fertiliser Limited, Dangote Sugar Refinery and NASCON Allied Industries, with the latter two Business Units listed on the Nigerian Exchange Limited (NGX).
The Group is diversified and operates in major sectors of the Nigerian economy including agriculture. The Dangote Fertiliser was commissioned on March 22, 2022 while the Dangote Petroleum Refinery was commissioned on May 22, 2023. The petroleum refinery is the largest single train refinery in the world with the capacity to refine 650,000 barrels of crude oil per day, alongside a petrochemical complex.
A dedicated humanist and philanthropist, Dangote who is the Chairman of the Aliko Dangote Foundation (ADF) made an initial endowment of $1.25 billion to the Foundation in March 2014, enabling it to scale up its work in health, education, and economic empowerment.
Aliko Dangote has received many laurels within and outside Nigeria, in recognition of his achievements and philanthropy. On November 14, 2011, the Nigerian Government conferred on him the Grand Commander of the Order of the Niger
(GCON), becoming the first person outside government functionaries to bag the honour. In 2013, he was conferred with the highest national honour in the Republic of Benin, the Grand Commander of the National Order of the Republic of Benin. In June 2021, he received the highest civilian honour in Cameroon – the Commander of the National Order of Valour – from the President of the Republic, Paul Biya.
In August 2022, Dangote was conferred with the Commander of the Order of Merit of Niger award by the then President of the Republic of Niger, Mohamed Bazoum in Niamey, in appreciation for his services rendered to the Republic of Niger and as well as a tribute to his business acumen and philanthropy. In February 2024, Aliko Dangote was conferred with an award of the Commander of the Order of the Lion by the Senegalese President, His Excellency Macky Sall in Dakar, the capital.
In April 2014, TIME Magazine listed him among its 100 'Most Influential People in the World. For six consecutive years, 2013 2014, 2015, 2016, 2017, 2018 Forbes listed him as the 'Most Powerful Man in Africa’ alongside the Egyptian President Abdel Fatteh el Sisi. In December 2014, he was named ‘Forbes Africa Person of the Year.’ In September 2015, he was named ‘African Businessman of the Year’ by London-based IC Publications. In October 2015, Aliko Dangote was listed among ‘50 Most Influential Individuals in the World’ by Bloomberg Markets.
In January 2020, Bloomberg, in its 2020 Billionaires list of the top 500 billionaires in the world, ranked Aliko Dangote as the richest man in Africa. He was also ranked the first in July 2022, in June 2023 and in January 2024. He is, in addition, still the wealthiest African for the 13th consecutive year, according to both Forbes and Bloomberg.
Dangote sits on the board of the Corporate Council on Africa and is a member of the Steering Committee of the United Nations Secretary-General's Global Education First Initiative, the Clinton Global Initiative, the McKinsey Advisory Council, and the International Business Council of the World Economic Forum. He was named Co-chair of the US-Africa Business Center, in September 2016, by the US Chamber of Commerce. He is also on the Board of ONE, the anti-poverty group, co-founded by Bono.