Alhaji Aliko Dangote, GCON leads the Dangote Group, Nigeria's premier conglomerate, as President/Chief Executive. He was the President of the National Council of the Exchange until September 2014.
Internationally, Alhaji Dangote sits on the board of Corporate Council for Africa, and is a member of the Steering Committee of the United Nations Secretary-General's Global Education First Initiative (GEFI), Clinton Global Initiative, McKinsey Advisory Council and International Business Council of the World Economic Forum (WEF). He served as a Co-chair of the 2014 annual meeting of the WEF in Davos, Switzerland, and Co-chair of the 2014 WEF Africa in Abuja, Nigeria.
A graduate of Business Studies from the Al-Azahar University, Cairo, Egypt, Alhaji Dangote was born on April 10, 1957. He started business in 1978 trading in rice, sugar and cement, before he ventured into full-scale manufacturing. Under his stewardship, the Dangote Group has expanded from the commodities trading company he established, into the most recognized brand in Nigeria, with a presence in 16 (Sixteen) other African countries.
Dangote Group has received national and international recognition for its accomplishments including, Top 10 African Brands and the Top Consumer Brand in Africa by London-based African Business in November 2013 and Top 40 African Challengers by the Boston Consulting Group in June 2010.
Dangote Group's businesses provide high quality, locally made, value-added products and services that meet the basic needs of Nigerians. Its market capitalization is currently over $24 billion. Four (4) of its 13 (Thirteen) subsidiaries are listed on the Nigerian Stock Exchange. One of the listed entities, Dangote Cement PLC (“DCP”), is the largest listed company in West Africa and the first Nigerian company to join the Forbes Global 2000 companies list. Obajana Cement Plant, DCP's flagship, is reportedly one of the single largest cement factories in the world with a production capacity of about 13.25 million metric tonnes per annum (MTPA). Dangote Sugar Refinery PLC is the largest sugar refinery in Sub-Saharan Africa and the second largest in the world. It is implementing a bold 10-year master plan to produce 1.5 million metric tonnes of sugar annually in line with the ‘backward integration policy of the Federal Government of Nigeria.
Alhaji Dangote continues to steward the growth of the Dangote Group into other sectors of the economy with the construction of the largest refinery, petrochemical and fertiliser complex in Africa. It comprises: a refinery with the capacity to produce 500,000 (Five Hundred Thousand) barrels of crude oil per day; a petrochemical plant with the capacity to produce about 750,000 (Seven Hundred and Fifty Thousand) MTPA of polypropylene; and a fertiliser plant with 2.8 million MTPA of urea and ammonia production capacity.
Alhaji Dangote participates in several national development efforts including: Chair, National Partnership Committee of Government and Private Sector on Technical and Vocational Education and Training (TVET); Co-Chair, Presidential Committee on Flood Relief and Rehabilitation; Member, Honourary International Investor Council; Founding board member, Private Sector Health Alliance of Nigeria; and Nigeria Private Sector Malaria Ambassador.
Alhaji Dangote's business and civic accomplishments are globally recognized. Forbes listed him as the 'Most Powerful Man in Africa' in 2013. In 2014, Forbes ranked him 23rd on its 'Richest in the World List' and named him the ‘Richest Black Man in the World’ with a fortune of $25 billion. In April 2014, TIME Magazine listed him among its 100 'Most Influential People in the World' and he was also listed on CNBC's 'Top 25 Businessmen in the World' that same month.
In 2011, Alhaji Dangote was awarded Nigeria's second highest national honour, Grand Commander of the Order of the Niger (GCON). In 2013, he received the highest national honour in the Republic of Benin, the Grand Commander of the Order of Benin Republic.
A dedicated philanthropist, Alhaji Dangote made an initial endowment of $1.25 billion to Dangote Foundation in March 2014 to enable it scale up its work in health, education and economic empowerment.