Africa’s richest man sets business sight on Malawi: Aliko Dangote

Africa’s riches man, Aliko Dangote who is worth an estimated $15.7billion , is expected in Malawi as a prelude to prospective investment in the country.

Aliko Dangote: Africa's richest man
Aliko Dangote: Africa’s richest man
Dangote is also into cemente business
Dangote is also into cemente business

According to Malawi’s Minister of Industry and Trade, Joseph Mwanamvekha, while in the country, the Nigerian businessman will hold private talks with President Peter Mutharika during which investment prospects will be discussed.

“His visit to Malawi will inspire both private and public sector on how he has succeeded in his businesses,” he said.

He will also participate in the first ever Malawi Investment Forum scheduled for 29 to 30th June in the capital Lilongwe.

Dangote owns a group of companies operating in Nigeria, South Africa, Ethiopia, Ghana, Senegal, Cameroon, Togo, Zambia and Benin.

He is also bidding to buy Arsenal Football Club in England.

The 58-year-old is the 67th richest person in the worth according to Forbes.

He started his business at 21

After graduating, Dangote returned to Nigeria to start his own business. He received a loan from his uncle and launched the Dangote Group.

He initially traded in rice and vegetable oil, but soon diversified into materials to be used for infrastructure projects, plus sugar and other products.

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Benson Chirwa
Benson Chirwa
6 years ago

I’ve no problem with Dangote visiting Malawi but why meet APM? Pajatu our presidents always want to get something from investors. Please stop this madness. Ma president adyera wanting to influence decisions.

Enock simunthuwamba Makomo

good move

Vitalyi
Vitalyi
6 years ago
James mkoko
James mkoko
6 years ago

Ndi bwino kuti abwele kuti mwina Anzathu amene ali kumudziko komanso AMENE abwela kuchokela KU South Africa mwina ndikupeza nchito TSOPANO KU Nyasaland

ndadabwa
ndadabwa
6 years ago

Why have a private meeting with the president if the investment is in the public interest . Does it mean we don’t have potential businessmen and women in Malawi . Malawi is a sad country .

john telford
john telford
6 years ago

He is a crook All Nigerians are crooks, It is the only nation in the world that teaches fraud at school as a subject. However he disguises it he is evil. Malawians beware . better ban all Nigerians from Malawi. I have personally worked In Nigeria and know how they operate They are spreading over Africa like HIV evil people as a nation.

Issa Kabudula
Issa Kabudula
6 years ago

Malawi going very steady towards it realisation of development – political parties must work hand in hand, in assisting the development of mother Malawi.

alizi
alizi
6 years ago

Chidongo j std 8 drop out. Do your research before publishing ……

nyasa boy
nyasa boy
6 years ago

OK zikumveka koma chamba ayi

clear eyes see best
clear eyes see best
6 years ago

That’s our home boy from Naija! Build a big cement plant, as all cement is imported at high price, and nobody is investing, just talking.

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