African Export-Import Bank (Afreximbank)’s Post

The business acumen here is something that we Africans need to circle on.

Because his main objective is to be the biggest #supplier of #foreign #exchange in the #Nigerian foreign exchange market, we can better understand his #economic #empire… A model for the real #transformation of #Africa… #alikodangote

https://lnkd.in/dgnntVPU #alikodangoté is right on the money and it's a no brainer really, question is why did it takes us this long to knock those missing bolts and nuts back in shape in our brains? PolyGuard Investment Nigeria Ltd licensed mining company with 3 strong MVP; #barite, #lead and #zinc is highly persuaded that our best are still very potently ahead of us, we need to believe, trust, obey and go to #work, do reach out to discuss your long-term traced and #sustainable supply. Can we frankly interrogate why #africans are mortally afraid of #investing or taking calculated risks with other Africans thus making cost of #capital extremely expensive and despite our intimidating #resources are wrongly regarded as collection of multi-dimensional poor, sick and of late bunch of criminals? African Export-Import Bank (Afreximbank) African Guarantee Fund African Development Bank Group African Minerals Development Centre (AMDC) ECOWAS Commission African Continental Free Trade Area (AfCFTA) Secretariat Mastercard Foundation UNDP #Contact: https://lnkd.in/dqcs9nG patrick@polyguardinvestmentng.com +2347034879140

Very insightful post💡thanks for sharing Michael Sudarkasa✔️ Aliko Dangote Aliko Dangote brilliant take on different aspects of your business empire and strategies you are putting in place to maintain your market share in Nigeria and across the African continent. Dangote Industries Limited Dangote Industries Limited Dangote Cement Plc Dangote Fertiliser DANGOTE SUGAR REFINERY PLC Dangote Oil Refinery Nigeria Dangote Oil Refinery Nigeria Dangote Cement Cameroon #investinafrica #investinnigeria #alikodangote #jobcreation #wealthcreation #industrialisation #infrastructure #development #investment

AFRICAN CHALLENGES CAN ONLY BE RESOLVED BY CANDID AFRICANS We ALL as Africans still haven't understood the #magnitude of the achievements of #AlikoDangote! Why is it so? Simple, as WE Africans have been educated to #think, no other African can #do it better than one! In principle it's not a bad thing to be educated this way! However, no one taught us how to do a #RealityCheck! A #RealityCheck entails assessing one's real position with respect to the other Africans! Finding out that another African is better than one, implies one works much harder to get better or even to collaborate in building a much stronger team of competent #partners, so as to progress! That's the healthy competition, which makes any individual, household, village, nation or continent to progress! Without a healthy competition, there cannot be any progress! Most Africans have abandoned the healthy #competition and are living in their virtual world of milk and honey in which they are the best! Indeed, #AlikoDangote is #focused and #down_to_earth, as he keeps on solving each of the many challenges he's facing in Africa, one after another and thereby, applying local African #accounting solutions, which are also #universal! What a #wise African, he is!

The business man who can adapt to the ever changing conditions.

#dangote #dangoterifinery #Nigeria #Africa #hoperising #good #oilandgas Aliko Dangote: Transforming Africa's Economy Aliko Dangote, founder and chairman of the Dangote Group, is a key figure in African entrepreneurship and economic development. From its humble beginnings in 1981, the Dangote Group has grown into a diversified industrial giant, impacting critical sectors such as cement, sugar, salt, flour, and oil and gas. One of Dangote's most ambitious projects, the Dangote Refinery, will significantly reduce Nigeria's dependency on imported refined petroleum products, creating thousands of jobs and enhancing energy security. Beyond oil, Dangote Cement leads in African infrastructure development, while his agriculture and manufacturing investments bolster food security and local economies. Dangote's vision and leadership have turned economic challenges into opportunities, fostering job creation, local industry growth, and reduced import dependencies. His journey from a small trader to Africa's richest man exemplifies the potential for economic transformation through strategic investments. Aliko Dangote isn't just an entrepreneur; he’s a beacon of economic empowerment and a catalyst for Africa's economic resurgence. 🌍💼 #EconomicTransformation #AfricaRising #DangoteGroup #VisionaryLeadership

Dangote sure understands value chain investment. Just recently, the Dangote Group announced the kick-start of a truck assembly plant with 60% stakes in a joint venture with Sinotruck. It's interesting to learn about their new business aspiration to venture into the steel space. Recall that the automotive industry relies heavily on steel. Dangote is undoubtedly a backward integration guru, constantly finding ways to strengthen their value chain and gain more control over their production processes. I believe this strategic move into the steel industry aligns with Dangote’s business model of becoming a fully integrated conglomerate, reducing reliance on imports and positioning themselves as a key player in Nigeria's industrialization efforts. By investing in the steel value chain, Dangote can ensure a steady supply of raw materials, optimize production costs, and ultimately deliver their products more efficiently to the market. It's impressive to see such a dynamic and forward-thinking approach to business. Kudos to the Dangote team for their continuous efforts to drive economic growth and self-sufficiency in Nigeria! 🇳🇬 #Dangote #ValueChain #BackwardIntegration #IndustrialDevelopment

**JUST IN: Otedola Explains Why Nigerians Should Back Dangote** Billionaire businessman Femi Otedola has urged Nigerians and the government to support Aliko Dangote by fostering an environment conducive to business success. Otedola emphasized Dangote’s significant contributions, which extend beyond industrial ventures to crucial infrastructure projects. In a post on his X account, Otedola praised Dangote, describing him as a “titan” whose achievements in business are remarkable. He highlighted Dangote’s creation of the world’s largest single-train refinery and other major projects, including significant sugar and cement refineries, as well as a major fertilizer plant. Otedola stressed that Dangote’s investments have not only advanced Nigeria’s industrial capabilities but have also contributed to critical infrastructure, such as major roads. He drew comparisons with historical figures like Vanderbilt and Rockefeller in the U.S., who were supported by their governments to foster industrial growth. Otedola’s comments come amid recent controversies regarding Dangote’s refinery and regulatory challenges. Dangote has offered to sell the refinery to the NNPC to address allegations of monopolistic practices and help resolve ongoing fuel crises. #NaijaPerspective #NigeriaOpinions #NaijaComments #NigeriaEditorial

We’re witnessing a transformative moment in Nigeria’s industrial landscape as Aliko Dangote officially announces the commencement of petrol production at the Dangote Refinery. This monumental achievement is not just a win for Dangote Group but a significant leap forward for Nigeria’s energy independence and economic growth. The refinery, one of the largest in the world, is set to drastically reduce Nigeria’s fuel imports, enhance local production, and create thousands of jobs across various sectors. The ripple effects of this development will be felt across the continent as we move towards a future where Africa can harness its resources to fuel its own growth. Hats off to Dangote and the entire team for turning this ambitious vision into reality. This is a powerful reminder of what can be achieved with bold leadership, relentless innovation, and unwavering commitment to nation-building. 👏 Let’s celebrate this remarkable milestone and continue to support initiatives that drive progress and prosperity across Africa. 🌟 #DangoteRefinery #EnergyIndependence #Nigeria #EconomicGrowth #Innovation #AfricaRising