Dangote, Africa's richest man, founded and chairs Dangote Cement, the continent's largest cement producer. He owns about 90% of publicly traded Dangote Cement through a holding company. Dangote Cement produces 44 million metric tons annually and plans to increase its output 33% by 2020. Dangote also owns stakes in publicly traded salt, sugar and flour manufacturing companies.
Aliko Dangote GCON (born 10 April 1957) is a Nigerian billionaire, who owns the Dangote Group, which has interests in commodities. The company operates in Nigeria and other African countries, including Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania, and Zambia. As of February 2017, he had an estimated net worth of US$12.5 billion.
Dangote hails from a very prominent business family that lived in Nigeria for many years. He is the great grand son of Alhaji Alhassan Dantata, the richest African at the time of his death in 1955. Aliko Dangote, an ethnic Hausa Muslim from Kano State, was born on 10 April 1957 into a wealthy Muslim family. Dangote said, "I can remember when I was in primary school, I would go and buy cartons of sweets [sugar boxes] and I would start selling them just to make money. I was so interested in business, even at that time
The Dangote Group was established as a small trading firm in 1977. Today, it is a multi-trillion naira conglomerate with many of its operations in Benin, Ghana, Nigeria, and Togo. Dangote has expanded to cover food processing, cement manufacturing, and freight. The Dangote Group also dominates the sugar market in Nigeria and is a major supplier to the country's soft drink companies, breweries, and confectioners. The Dangote Group has moved from being a trading company to being the largest industrial group in Nigeria including Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.
Dangote was named as the Forbes Africa Person of the Year 2014. The other nominees for the award were South Africa's Public Protector, Thuli Madonsela, Nigerian author, Chimamanda Ngozi Adichie, Director-General of the Securities and Exchange Commission, (SEC), Arunma Oteh, and President of the African Development Bank, Donald Kaberuka. In 2013, Alhaji Dangote and six other prominent Nigerians were conferred Honorary Citizenship of Arkansas State by Governor Mike Beebe who also proclaimed May 30 of every year as Nigeria Day in the US. The other prominent Nigerians are: Chief Ms. Temitope Ajayi, the President and CEO of Nigerian-American Agricultural Empowerment Programme; Governor Rabiu Kwankwaso of Kano State; Dr. Akinwunmi Adesina, Minister of Agriculture and Rural Development; Prof. Tajudeen Gbadamosi, a former lecturer of University of Lagos; Prof. Ade Adefuye, the Nigeria's Ambassador to the United States; Prof. Julius Okojie, the Executive Secretary of the National Universities Commission.
Dangote Group has emerged Nigeria’s best Corporate Social Responsibility (CSR) company in 2016, a survey by Governance Advancement Initiative for Nigeria (GAIN) has shown.
Dangote was the adjudged overall winner among 25 Nigerian and multinational companies operating in the country, scoring 6.3 per cent, followed by Nestle with 5.51 per cent and Etisalat with 5.45 per cent.
Giving back to the community involves funding community skill development centers, donation of drugs, provision of basic infrastructure, scholarships and educational endowments, among others.
The result showed Dangote as the leading CSR firm, with 8.78 per cent score, beating Globacom to second place, with 8.49 per cent. Etisalat ranked third with 6.22 per cent.
On quality of products and services, Dangote was again selected as the best, with 4.05 per cent of respondents’ votes, followed by Cadbury (3.98 per cent) of the votes and Nestle with 3.66 per cent.
Again, Dangote clinched the first position as the most awesome line of products and services, with 5.75 per cent of the votes, ahead of major multinationals, namely Coca Cola, which came second (5.16per cent), Etisalat (5.08 per cent), Cadbury (5.06 per cent) and Nestle (4.8per cent). Promasidor, Lafarge and Multichoice took the rear
The corporate social responsibility category of the Dangote Group’s website details an in-exhausting list of CSR engagements undertaken by the country across Nigeria.
The foregoing depicts Dangote and Dangote Group to be conscious of their CSR obligations to their customers, community and environment. Dangote Company thus is a model for CSR engagements in Nigeria. It is our Hope that Members of Nigeria’s business ecosystem will borrow a leaf from this thriving enterprise.