He is an entrepreneur, investor, and the owner of a mega-successful conglomerate, Dangote Group. Stock analysis for Dangote Cement PLC (DANGCEM:Lagos) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Starting out as a bulk commodity trading concern in the 1970s encouraged by the liberalized commodity import regime of the then Government of Nigeria, by the late 1990s our strategy had transformed to a focus on manufacturing … Dangote Refinery Last updated December 21, 2019. 15B Ikosi Oregun, Lagos Lagos, Nigeria. In line with our philosophy, we will continue to provide the basic needs of Nigerians. History; Creation: 1981: Founder: Aliko Dangote. Dangote Group continues to grow its vision of becoming the leading provider of essential daily needs in Sub-Saharan Africa. He is considered one of the richest men in Africa. Biographie. 0 Reply. History Born into a rich family, he was exposed to a wealthy lifestyle. Business Expansion Prior to that, he was the Treasurer for the Dangote Group during its transformation from a trading company to an industrial conglomerate. Dangote Group was established in 1977. Dangote Cement Plc is a producer of cement, and operates plants for the preparation, manufacture and distribution of cement and related products. The Dangote Group is a Nigerian multinational industrial conglomerate, founded by Aliko Dangote, a Nigerian business magnate and investor. Net sales are distributed geographically as follows: Nigeria (68.3%) and Africa (31.7%). Encouraged by tremendous success and increase in business activities, he incorporated two companies in 1981. Dangote’s net worth is projected to missile into high heavens with his recent venturing into the downstream oil sector of Nigeria. Der Hauptsitz des Unternehmens befindet sich in Lagos. At first, Dangote Group was producing some agricultural goods, as well as pasta, flour, and sugar. Aliko Dangote is a popular Nigerian Billionaire businessmen and philanthropist. Social. His family business, then chaired by his grandfather, Sanusi Dantata, was at its profitable best during Aiko’s childhood. Dangote cement sustains 54,000 jobs in four African countries According to our 2019 socioeconomic impact assessment study specifically on our operations in Nigeria… President of Dangote Group, Aliko Dangote has said that despite the challenging economic situation in 2019, Dangote cement was able to sustain 54,000 jobs in four African countries, where the company has its operations. The hidden people that own Dangote group of company are British Royal family,,rockchers,al porter, mobile Dangote and some Individual from Housa, yroba and Igbos. We are building a team consisting of the best minds from all over the work doing their best work to bring about this outcome. He is the CEO of Dangote Group. Nigerian businessman Aliko Dangote unveiled early plans for the refinery in September 2013, when he announced that he had secured about $3.3 billion in financing for the project. It is the largest conglomerate in West Africa and one of the largest on the African continent. The early 2000s saw the Group’s approach further adjust to strategic asset acquisition in line with the then Government’s privatization policies. Dangote Group operates a Sugarcane farming, processing and refining plant called Savannah Sugar Company Limited (SSCL) located in Adamawa, Nigeria. Cement accounted for roughly 80 percent of Dangote Group's business as of 2011. The Group’s interests span a range of sectors in Nigeria and across Africa. As of March 2018, he had an estimated net worth of US$14.1 billion and was ranked by Forbesmagazine as the 100th-richest person in the world and the richest in Africa. Advertisements Official Website: www.dangote.com. Dan Q. Dangote Group is a diversified and fully integrated conglomerate with an annual group turnover in excess of US$4 billion (2016) with vibrant operations in Nigeria and Africa across a wide range of sectors including cement, sugar, salt, condiments, flour, packaging, energy, port operations, fertilizer, and petrochemicals. The group moved into manufacturing in the 1990s, starting with textiles, moving onto flour milling, salt processing and sugar refining by the end of the decade. The Dangote Group is a Nigerian multinational industrial conglomerate, founded by Aliko Dangote. He is the owner of the ‘Dangote Group,’ the largest cement producer in Africa. Né dans une famille de commerçants, le père d'Aliko Dangote, Mohammed Dangote, est un riche exportateur d'arachide. +234 815 089 9598 tunde.mabogunje@dangote.com The Dangote refinery will process a variety of light and medium grades of crude to produce Euro-V quality clean fuels including gasoline and diesel as well as jet fuel and polypropylene. Group Executive Director, Capital Projects, of Dangote Group, Mr. Devakumar Edwin pledged the commitment of the company to participate as a part […] Michel Puchercos Group Managing Director/ Chief Executive Officer (GMD/CEO) Arvind Pathak Deputy Group Managing Director; Guillaume Moyen Acting Group Chief Financial Officer Advertisements Official Website: www.dangote.com. Dangote Cement is Africa’s leading cement producer with operations in 10 African countries, revenues in excess of US$2.2bn in 2017 and a fully integrated quarry-to-customer production capacity of up to 45.6 million tonnes per annum (Mta) across Africa as at the end of 2017 Net sales break down by activity as follows: Net sales break down by activity as follows: - … The company was founded in 1981 as a trading enterprise, importing sugar, cement, rice, fisheries, and other consumer goods for distribution in the Nigeria market. Dangote Group Jobs History & Recruitment December 2020. The company next moved into cement production, growing rapidly and moving into other African countries. Corporate Governance; … Issuer is appraised based on quarterly performance. Like this! The Group started as a trading company in 1978, before it diversified into local production of cement, sugar, salt, pasta and beverages and with new projects underway in the oil and gas sector. Dangote Cement Plc specializes in producing and marketing cement. His title as "richest man in Africa" seems only to be one he'll hold for years to come. Official Website: www.dangote.com. Aliko Dangote’s success story is not that of a man who started from a poor or comfortable home and eventually achieved great wealth. Back then, it was a small trading firm, but over time it grew into one of the biggest conglomerates in the continent that extended its influence to nations such as Benin, Ghana, Nigeria, and Togo. These as well as others that followed now make up the conglomerate known as The Dangote Group. Dangote Industries Limited is a diversified and fully integrated conglomerate. Today, it is a multi trillion-naira conglomerate with many of its operations in Benin, Ghana, Nigeria, Zambia and Togo. Guess you want to know more information about Dangote and his wealth status? Name: Dangote Group (Dangote Industrial Limited) Established: 1981. Aliko Dangote is a Nigerian business magnate. Dangote Fertiliser limited (DFL) embarked on a programme to empower 150 Project Affected Persons(PAPs) through a cassava enterprises programme. When complete, it will have the capacity to process about 650,000 barrels per day of crude oil, making it the largest single-train refinery in the world. Mr. Zubairu is an Eisenhower Fellow and the first African appointed to the Board of Trustees of the 67-year old international leadership exchange programme. Dangote was educated at the Sheikh Ali Kumasi Madrasa, followed by Capital High School, Kano. dangote-group.com: Dangote da wasu mutane. Dangote has expanded to cover food processing, cement manufacturing, and freight. At the time, the refinery was estimated to cost about $9 billion, of which $3 billion would be invested by the Dangote Group and the remainder via commercial loans, and begin production in 2016. He was born on April 10, 1957 into a wealthy Muslim family. 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