Dangote set to invest $16 billion in Africa

Dangote

Again, Dangote Group, the Nigerian company controlled by Africa's richest man, Aliko Dangote plans to invest about $16 billion in cement, petrochemicals and agriculture over the next four years to boost expansion.
According to the president of the group, the investment will help the company operating from Lagos grow by almost a third in 2014. Dangote who is worth $22.1 billion according to the Bloomberg Billionaires Index, is the world's 34 richest man.
"We are investing $4.7 billion to finish our projects in cement in about 18 countries, including Nigeria," Dangote disclosed in an interview.