Daily Archives: October 10, 2017
Nigerian industrialist Aliko Dangote shares secret of backward integration with investors: “Produce the entire value chain”
At the Financial Times’ 4th annual Africa Summit at Claridges in London, editor in chief Lionel Barber conducted an extraordinarily candid public conversation with Nigerian Aliko Dangote, Africa’s most successful business leader, in the presence of Nigerian vice-president Professor Yemi Osingajo, Congolese presidential hopeful Moise Katumbi, and about 300 business leaders.
Following the news of several new discoveries which have tripled the estimates of the nation’s Bauxite reserves, the mining prospects of Mali is poised for massive growth. The country is already a leading Gold producer being the third leading producer of gold in Sub-Saharan Africa and the output is estimated rise with mining giants such as Hummingbird Resources (Yanifolila Gold Project) and B2Gold (Fekola Gold Project) starting production there.