Dangote Group
Dangote Group is own and founded by Alhaji Aliko Dangote, MFR, GCON is a Nigerian self-made business entrepreneur with an estimated $16.1 billion USD as at March 2013, rated as the richest African and 43rd richest man in the world.
Dangote Group dominates the sugar market in Nigeria. The group has moved from being a trading company to Nigeria’s largest industrial group including; Dangote Sugar Refinery, Dangote Cement, and Dangote Flour amongst others.
The company dominates the sugar market in Nigeria and Dangote Sugar Refinery is the main supplier (70% of the market) to the country’s soft drinks companies, breweries and confectioners. It is the largest refinery in Africa and the third largest in the world providing 800,000 tons of sugar annually.
The Dangote Group imports 400,000 metric tonnes of sugar annually which makes up about 70 % of the total requirements of the nation and is a major supplier of the product to the manufacturers of Coca Cola, Pepsi Cola and Seven-Up in Nigeria.
Dangote Group also owns salt factories and flour mills and is a major importer of rice, fish, pasta, cement and fertilizer. The company also exports cotton, cashew nuts, cocoa, sesame seed and ginger to several countries. Dangote Group also has major investments in real estate, banking, transport, textiles, and oil and gas.
It imports 200,000 metric tonnes of rice annually just as the company imports tonnes of cement and fertilizer and building materials. Dangote Group also imports fish and owns three big fishing trawlers chartered for fishing with a 5,000 MT capacity. The group exports cotton, cocoa, cashew nuts, sesame seed, ginger and gum Arabic to several countries globally.
The Dangote Group employs over 12,000 people around the largest conglomerate in West Africa.
The company is branching into telecommunications and has started building 14,000 kilometres of fibre optic cables to supply the whole of Nigeria.
Sources:
Dangote Group dominates the sugar market in Nigeria. The group has moved from being a trading company to Nigeria’s largest industrial group including; Dangote Sugar Refinery, Dangote Cement, and Dangote Flour amongst others.
The company dominates the sugar market in Nigeria and Dangote Sugar Refinery is the main supplier (70% of the market) to the country’s soft drinks companies, breweries and confectioners. It is the largest refinery in Africa and the third largest in the world providing 800,000 tons of sugar annually.
The Dangote Group imports 400,000 metric tonnes of sugar annually which makes up about 70 % of the total requirements of the nation and is a major supplier of the product to the manufacturers of Coca Cola, Pepsi Cola and Seven-Up in Nigeria.
Dangote Group also owns salt factories and flour mills and is a major importer of rice, fish, pasta, cement and fertilizer. The company also exports cotton, cashew nuts, cocoa, sesame seed and ginger to several countries. Dangote Group also has major investments in real estate, banking, transport, textiles, and oil and gas.
It imports 200,000 metric tonnes of rice annually just as the company imports tonnes of cement and fertilizer and building materials. Dangote Group also imports fish and owns three big fishing trawlers chartered for fishing with a 5,000 MT capacity. The group exports cotton, cocoa, cashew nuts, sesame seed, ginger and gum Arabic to several countries globally.
The Dangote Group employs over 12,000 people around the largest conglomerate in West Africa.
The company is branching into telecommunications and has started building 14,000 kilometres of fibre optic cables to supply the whole of Nigeria.
Sources:
Naijan.com
Wikidepia
Forbes Magazine
Published under: Top Organizations in Nigeria
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