Aliko Dangote, Founder and President/Chief Government of Dangote Group, says that job creation is crucial for making Africa nice once more.
Dangote made the assertion whereas addressing the thirty second Afreximbank Annual Conferences 2025 (AAM2025) in Abuja on Friday.
He spoke on the subject “The Path to Making Africa Nice Once more”.
He urged Africans to undertake the mantra “Africa First”, impressed by Donald Trump.
Dangote highlighted the significance of investing cash inside the continent, drawing comparisons to Asia’s mannequin.
In response to him, if Africa invests overseas, it turns into difficult to draw international investments again to the continent.
“Once we encourage home traders and so they succeed, it’s going to inspire international traders to return to Africa,” he said.
For Africa to expertise development, he burdened the necessity for a sturdy manufacturing base, improved agricultural practices, and powerful monetary establishments.
“We have to concentrate on our personal sources in Africa by processing our minerals on the continent.”
Dangote defined that by doing so, Africa would create worth, generate jobs, and expertise development, making it a gorgeous vacation spot for investments.
He stated, “Africa shouldn’t be a dumping floor.”
Dangote identified that the dearth of electrical energy and inconsistent authorities insurance policies have hindered industrial development in Nigeria.
He praised Afreximbank for its help in establishing the Dangote refinery, noting that if Africa had ten establishments much like Afreximbank, the continent may turn into a haven in just some years.
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“We’re the one ones who could make Africa nice.
“Sure, there shall be ups and downs, however we should keep centered, and if we do, we shall be profitable.
“It’s not nearly amassing wealth however about creating value, akin to via job creation,” he stated.
Dangote additionally shared his ambition to turn into the very best producer of urea inside the subsequent 40 months, noting that 37 per cent of Dangote Fertiliser’s manufacturing was exported to the US.
In response to the ban imposed by the U.S. on sure nations, he stated, “Why do individuals need to go to the U.S.? We now have every thing we want proper right here in Africa.
“Allow us to make Africa a productive continent as a result of the potential for development is important,” he stated. (NAN)
