Aliko Dangote: Businessman from Nigeria Hailed As Africa’s Richest

He also ventured into many industries such as oil and gas, consumer goods, and manufacturing. In 1997, the Nigerian businessman realized that being a middleman was very expensive.

This prompted him to build a plant to produce what he had been importing and selling (pasta, sugar, salt, and flour) for two decades. At the same time, the state-owned cement company was also awarded to him.