The President of the Pan-African Conglomerate, the Dangote Group, Aliko Dangote, has again been ranked as the richest man in Africa for 12 years, according to Forbes. This was disclosed in a statement on Tuesday titled ‘Forbes 2023 Index: Dangote Still Africa’s richest for 12th consecutive year’. It would be recalled that in June, South African Johann Rupert was ranked as Africa’s richest man, Forbes Magazine, with a net worth of $12bn. “The Africa’s richest man founded and chairs Dangote Cement, the continent’s largest cement producer. Dangote Cement has production capacity of 51.6 million tonnes per year across ten countries in Sub-Saharan Africa, with integrated factories in seven countries, a clinker grinding plant in Cameroon, and import and distribution facilities in Ghana and Sierra Leone.”

Source: Forbes July 12, 2023 02:43 UTC