The head of the Dangote Group, Aliko Dangote, has urged African business leaders to go beyond discussion and instead focus on decisive action and real results.
Speaking at the African Renaissance retreat in Rwanda, Dangote stated that although the continent faces many difficulties, its youthful population and plenty of resources present prospects for big and inclusive growth.
Africa is going through a major historical turning point, according to the billionaire businessman.
According to Africa’s wealthiest man, the continent has the world’s youngest and fastest-growing population, rapidly developing cities, and a growing acceptance of innovation and new technologies like artificial intelligence.
According to him, the Dangote Group has grown from Nigeria to 14 nations on the continent, operating in a variety of industries such as petrochemicals, fertilisers, sugar, cement, oil refineries, and agriculture.
The business owner said that this was in spite of having to cope with a number of obstacles, including those related to visas, uneven policy changes, a lack of technical skills, essential infrastructure shortages, the foreign exchange crisis, inflation, capital costs, and other disputes of all sizes.
Dangote, stated that he had long considered gathering a group of committed African business executives to discuss the problems facing the continent, come up with practical answers, and present Africa as an attractive place to invest despite its difficulties.
He emphasized that the retreat’s goal was to provide a forum for group action to address a range of concerns, such as ongoing hostilities, food and energy security, supply chain interruptions, debt crises, and access to long-term concessional funding for development.
He conveyed optimism that the retreat will result in projects that have the potential to greatly influence Africa’s future and its people.
TimesNow.com.ng reported that the Dangote Cement Plc has announced plans to set up a multi-million naira skills acquisition development centre in Lokoja, Kogi State, to enhance empowerment and economic development.
President of the Dangote Group, Aliko Dangote, and the Kogi Statement conceived the project.
A statement from the Dangote Cement Corporate Communications Department and the Plant Director at the Dangote Cement, Obajana, Azad Nawabuddin, said the project will be completed in the coming months.
Source: TimesNow.com.ng
