Dangote, President, Dangote Group. Impression courtesy of CNBC
Dangote has committed Over $4b USD to Nigeria’s Food Production, Says Bloomberg
Bloomberg has honoured Africa’s richest industrialist and President of Dangote Group, Aliko Dangote, as one of the best 50 persons in the world in 2017.
Dangote alongside others were honored last night at the Bloomberg 50 annual gala dinner at New York’s iconic Gotham Hall.
Bloomberg’s list had 50 most influential names, who have had an impact on the world in 2017. Bloomberg honoured Dangote, for his outstanding commitment of over $4B USD to increase Nigeria’s food production capacity.
Dangote was represented in New York by the CEO of his Foundation. Other honourees were electric car visionary Elon Musk; Saudi Crown Prince Mohammed bin Salman; Beatrice Fihn, anti-nuclear weapons advocate and Nobel Peace Laureate; Amazon’s Jeff Bezos; Robert Mueller, special counsel investigating Donald Trump’s potential collusion with Russia; and Vitalik Buterin, whose invention of the cryptocurrency Ethereum is revolutionizing the new blockchain craze.
Dangote’s contribution to the world this year revolves around his dynamic attention to lessen food imports into his own country and Africa’s largest nation, Nigeria, by focusing on domestic production of sugar and dairy, with 500 million liters of Nigerian milk to be produced by 2019. Earlier this year he announced a $50B USD plan to invest in renewable energy.
The Guardian writes that the first Bloomberg 50 honorees were selected by the Bloomberg Businessweek team after months of input from many of Bloomberg’s 2,700 journalists and analysts around the globe, leveraging the resources of the Bloomberg Terminal, and represent the most influential thought leaders in business, finance, technology and science, politics and entertainment.
The executives, entrepreneurs, experts and entertainers on the Bloomberg 50 all have a quantifiable metric underpinning their inclusion.
“What sets The Bloomberg 50 apart from other lists is that each person chosen has demonstrated measurable change over the past year.
“Readers will find many names they recognise, but will also discover new visionaries—people who are impacting the world in significant ways, and are rapidly gaining the attention they deserve,” said Megan Murphy, editor of Bloomberg Businessweek.
“Elon Musk nurses the ambition to establish human colony on planet Mars by 2022; Jeff Bezos, CEO, Amazon, the biggest global retailer, with a major interest in sending tourists into space in Blue Origin rockets; Masayoshi Son, Founder, Softbank Groups Corp., who engineered the largest ever technology investment fund, $93 billion, to fund ride-hailing, artificial intelligence, connected devices, satellites, and the integration of computers to humans; Diane Greene, CEO, Google Cloud and the brain behind integrating advances in artificial intelligence and quantum computing to market; Ken Frazier, CEO, Merck & Co., a leader in drug makers market with an innovative drug for advanced lung cancer treatment”, said Guardian.
Dangote, who only last week inaugurated his $300 million 1.5 mtpa capacity cement plant in Congo Brazzaville, has remained a top notch in various global ranking.
“I am very delighted with this selection and I see the recognition as a call to do more towards youth empowerment, job creation, better health for the people and economic emancipation of the African continent,” Dangote said.
Recent Comments