Good Bad Billionaire Aliko Dangote: Africa’s richest person
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Sep 30, 2024 
Join billionaire industrialist Aliko Dangote, famed for ruling Nigeria's cement, sugar, flour, and fertilizer markets. He shares his journey from selling sweets in the playground to becoming Africa's richest person. Discover his vision of self-reliance for Nigeria, insights into his multi-billion dollar refinery, and the challenges of monopolistic practices. Alongside BBC's Simon Jack and journalist Zing Tsjeng, they discuss philanthropy, local community impacts, and the legacy of this influential titan in Africa's economy.
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Early Business Acumen
- At primary school, Aliko Dangote displayed business acumen by buying sweets in bulk.
- He then gave them to other children to sell, taking a cut of the profits.
Learning the Cement Trade
- Dangote learned the cement trade from his uncle amidst the "cement armada" frenzy.
- This period of high demand and logistical chaos shaped his early career.
Dangote's Gambling Past
- Dangote was reportedly a keen gambler in his youth, sometimes spending hours at the table.
- After a plea from a friend and observing relatives losing fortunes, he vowed to quit.