Aliko Dangote's Business Empire

Aliko Dangote, Africa's richest person, made his fortune through various commodities including sugar, salt, cement, and fertilizer, which cumulatively account for a significant portion of Nigeria's stock market value. His conglomerate, the Dangote Group, comprises companies that dominate these industries, prompting discussions on monopolistic practices given his substantial market share. Born into a wealthy family with a history in trade, he displayed business acumen from a young age, effectively navigating through Nigeria’s economic ups and downs. By focusing on local manufacturing and processing instead of relying solely on imports, he has positioned himself and Nigeria towards greater self-sufficiency in essential goods.