Career
Aliko Dangote started business by trading in commodities such as sugar, rice, salt, pasta, cotton, millet, vegetable oil, cocoa and textile. In the course of running his business, he developed strong business ethics and principles. One of Aliko Dangote’s business strategies for succeeding in the commodity market was to develop a strong distribution network and make the delivery of his goods faster than that of his competitors.
After gaining a strong hold on the commodities market, Aliko Dangote ventured into manufacturing and producing the same commodities he was importing.
His company (Dangote Group) controls over 13 other companies with most of them acquired through strategic mergers and acquisitions.
Today, his group is made up of Dangote Sugar Refinery (one of the most capitalized stocks on the Nigerian stock exchange), Dangote Flour Mills, Dangote sacks, Dansa Foods, Dangote transport, Obajana Cement (Africa’s largest cement factory), National Salt Company Of Nigeria (NASCON), Benue Cement Company Plc, the Bachita Sugar Company, Dangote Cement, Blue Star Shipping, Blue Star Investment and so on. Just recently, he boosted his philanthropic activities with the launch of his foundation (Dangote Foundation).
