Africa’s richest man Aliko Dangote joins Bill Gates to set up Multibillion Dollar Clean-Energy Fund

Bill Gates, the world’s richest man, and fellow philanthropists have revealed details of a fund for clean energy technology to be used in countries that have committed public money to double research and development. Gates, co-founder of Microsoft Corp., will be joined by at least 27 other private investors in the so-called “Breakthrough Energy Coalition,” […]

Malawi: Africa’s Richest Man Aliko Dangote Sets Business Sight On Malawi

Africa’s riches man, Aliko Dangote who is worth an estimated $15.7billion , is expected in Malawi as a prelude to prospective investment in the country. According to Malawi’s Minister of Industry and Trade, Joseph Mwanamvekha, while in the country, the Nigerian businessman will hold private talks with President Peter Mutharika during which investment prospects will […]

Nigeria: Large cap stocks Dangote, Transcorp, Seplat see large drops in profit 

Some key quoted companies at the Nigerian Stocks Exchange have recorded huge loss in their operations but the banking sector has performed well during the first quarter,2015 Daily Trust finding revealed. Data from Reuters revealed that as at the end of the quarter, Dangote Sugar’s first quarter pretax profit dropped from 51.9 percent to N3.79 […]