Education Profile of Aliko Dangote
Aliko Dangote born on April 10, 1957 in Kano state, Nigeria. He is a Businessman, Industrialist and philanthropist who is the founder and CEO of the Dangote Group conglomerate.
He attended Sheikh Ali Kumasi Madrasa, followed by Capital High School in Kano. In 1978, he graduated from the Government College, Birnin Kudu. He received a bachelor’s degree in business studies and administration from Al-Azhar University in Cairo.
The Dangote Group was established as a small trading firm in 1977 when Dangote relocated to Lagos to expand the company. Dangote received a ₦500,000 loan from his uncle to begin trading in commodities, including bagged cement and agricultural goods like rice and sugar. In the 1990s, he approached the Central Bank of Nigeria with the idea that it would be less expensive for the bank to allow his transport company to manage their fleet of staff buses, a proposal that was also approved.
Today, the Dangote Group is one of the largest conglomerates in Africa, with international operations in Benin, Ghana, Zambia, and Togo. It has moved from a trading company to the largest industrial group in Nigeria, encompassing divisions like Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.
The Bloomberg Billionaires Index estimated his net worth at $28 billion in October 2024, making him the world’s richest black man, and the world’s 158th richest person overall.
Source: Wikipedia
