Archivi.ng | TELL, Monday, September 30, 2002

Newspaper from 2002/09/30

The text highlights the remarkable success story of Aliko Dangote, a Nigerian businessman who transformed a loan from his grandfather into a vast business empire known as the Dangote Group. Starting with a focus on trading essential commodities like cement, rice, and sugar, Dangote diversified into manufacturing to enhance profitability. His vision is to position the Dangote Group among the top 10 conglomerates in Africa. The narrative emphasizes the importance of strategic planning and control in business, drawing inspiration from successful models like that of Malaysia's former Prime Minister, Mohammed Mahathir, and Brazilian industrial practices. Dangote's journey reflects the potential for economic transformation in Nigeria through entrepreneurship.

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The text highlights the remarkable success story of Aliko Dangote, a Nigerian businessman who transformed a loan from his grandfather into a vast business empire known as the Dangote Group. Starting with a focus on trading essential commodities like cement, rice, and sugar, Dangote diversified into manufacturing to enhance profitability. His vision is to position the Dangote Group among the top 10 conglomerates in Africa. The narrative emphasizes the importance of strategic planning and control in business, drawing inspiration from successful models like that of Malaysia's former Prime Minister, Mohammed Mahathir, and Brazilian industrial practices. Dangote's journey reflects the potential for economic transformation in Nigeria through entrepreneurship.

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