Aliko Dangote Tops the List of World’s Richest Black People Here is What We Can Learn A newly released global ranking of the world’s wealthiest Black individuals has the world talking and sitting confidently at number one is Nigeria’s own business titan, Aliko Dangote. The Journey Begins... In 1977, at just 21, Dangote borrowed ₦500,000 (about $3,000 at the time) from his uncle to begin trading in rice, sugar, and cement. Rather than spending his early profits, he reinvested them over and over again. With time, he shifted from importation to local production, laying the groundwork for Dangote Cement, now one of Africa’s industrial giants. Despite operating in one of the world’s most volatile business environments, Dangote weathered every storm: Economic Instability: From inflation to power shortages, he adapted and persisted. Global Competition: He built businesses that could go toe-to-toe with international brands. Bold Risks: He invested over $20 billion into Africa’s largest refinery, betting big on local capacity. 5 Business Lessons from Dangote’s Rise: 1. Start Small, Dream Big He didn’t wait for millions to start. He began with trade and scaled strategically. Lesson: Use what you have, but aim far beyond your starting point. 2. Reinvest Before You Reward Yourself Instead of splurging, Dangote poured profits back into the business. Lesson: Grow your assets before your lifestyle. 3. Solve Local Problems He noticed Nigeria was importing what it could easily produce and changed that. Lesson: Find the gap in your market and fill it. 4. Stay Consistent Through Chaos Whether it was currency crashes or market shocks, he never lost focus. Lesson: Real resilience is measured in tough times. 5. Build Beyond Yourself His ventures fuel local economies in energy, agriculture, and industry. Lesson: Profit is good, but legacy is better. “Don’t kill your dreams with small thinking. Start humbly but never let your vision shrink.” – Dr. James Makamba #Dangote #AfricanExcellence #ThinkBig #EntrepreneurNg #DangoteLegacy #jaconnaafrica #JTT #Jajiotheteacher #Jagajagafrica

Aliko Dangote to Build 1.6 Million Barrel Fuel Storage in Namibia to Supply Southern Africa Nigeria’s Dangote Petroleum Refinery plans to construct large-scale fuel storage tanks in Namibia’s Walvis Bay capable of holding at least 1.6 million barrels of gasoline and diesel, to supply refined fuel to Southern Africa. The planned storage facilities will support the export of fuel products from Dangote’s $20 billion refinery in Lagos, the largest in Africa, which began operations in 2023. The storage tanks will serve as a regional distribution hub for landlocked countries including Botswana, Zambia, and Zimbabwe, helping to reduce dependency on fuel imports from Europe and Asia. The Dangote Group has not publicly disclosed the project timeline or investment cost for the Namibian storage facility, but local authorities anticipate that the project will be operational within the next 18 to 24 months. #jaconna #jajiotheteacher #JTT #namabia #africa

NNPC Refineries May Never Work Again - Dangote The President of the Dangote https://jaconna.com/ELe3EO4b69/

The Massive Wealth And Properties Left Behind By Dangote's Uncle, Alhaji Aminu Dantata | JTT/jaconna He left behind ₦61 trillion in cash in both Nigerian and foreign banks. He also left behind 800 petrol stations within and outside Nigeria that do not bear his name but belong to him. In Kano alone, he left 500 houses, plus 1,200 plots with only fencing or partial structures, no buildings on them—just empty plots. He also left 320 houses in other towns across Nigeria and abroad. He left 280 vehicles in use and another 120 vehicles that are not in use, just parked. He left shares worth over ₦30 trillion in companies within and outside Nigeria. In an interview he granted in 2022, he said he started buying private jets in 1967 at the cost of $120,000 USD. As of now, he has 10 private jets, each not worth less than ₦1 billion. This is just a fraction of what his heirs said about the wealth the late Alh. Aminu Dantata left behind. He lived with four wives, had over 45 children, and more than 150 grandchildren. Alhaji Dantata is the one who gave Aliko Dangote some money to start up a business. He is the uncle of Aliko Dangote (mother's brother). He trained him in business as a young boy. Credit: Jtt

We Can Turn Africa Into 'Heaven' In Five Years - Dangote - Jaconna https://jaconna.com/video/LDdw2Rmb1Y/

Alhaji Alhassan Dantata, a businessman and trader was West Africa richest man around 1940s. He built the Kano Groundnut Pyramids with each pyramid having more than 15,000 filled bags. He also worked with kolanuts and was also a supplier to British trading companies. British Bank Of West Africa (now First bank) opened their first branch at Kano in 1929, He became the first businessman to deposit money into their bank and first to do so on any bank in Nigeria depositing 20 camel load of Silver coins. His great grandson, Aliko Dangote is now the World's Richest Black Man #jaconnaafrica #jagajagafrica #jajiotheteacher #JTT

Alhaji Alhassan Dantata, a businessman and trader was West Africa richest man around 1940s. He built the Kano Groundnut Pyramids with each pyramid having more than 15,000 filled bags. He also worked with kolanuts and was also a supplier to British trading companies. British Bank Of West Africa (now First bank) opened their first branch at Kano in 1929, He became the first businessman to deposit money into their bank and first to do so on any bank in Nigeria depositing 20 camel load of Silver coins. His great grandson, Aliko Dangote is now the World's Richest Black Man #jaconnaafrica #jajiotheteacher #jagajagafrica