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Aliko Dangote

Person
Aliko Dangote
Investment Corporation of Dubai / CC BY 3.0 · resizedfile
Born
Cement and refining. Dangote began as a commodities trader in Lagos, importing goods such as cement, then switched to making it, building plants in Nigeria and then in around ten other African countries, including Ethiopia, Senegal, Zambia and Tanzania. Producing locally rather than shipping cement across borders cut costs in markets with poor roads. His huge oil refinery near Lagos is his biggest bet yet.
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