Personality of the monthEntrepreneur

Aliko Dangote

You can't build a business sitting down in an office.

Edition · July 2026Nigeria

Their story

Aliko Dangote is Africa's richest person and one of the most significant industrialists the continent has ever produced. Starting from a trading business in Lagos, he built the Dangote Group into a conglomerate spanning cement, sugar, flour, salt, and oil refining. His Dangote Cement is the largest cement producer in Africa. The Dangote Refinery in Lagos will be the world's largest single-train petroleum refinery with a capacity of 650,000 barrels per day — a project largely self-funded to reduce Africa's dependence on imported fuel.

Highlights

  • Africa's richest person (Forbes, multiple years)
  • Dangote Group — $20+ billion conglomerate
  • Dangote Cement — largest cement producer in Africa
  • 650,000 bpd Dangote Refinery (Lagos)
  • Forbes Africa Person of the Year (2014)
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