Saturday, December 13, 2025
For any queries? hello@afrigather.com
Subscribe
Search
HomeWorld NewsAliko Dangote is Richer than these African Nations

Aliko Dangote is Richer than these African Nations

World News

Published on

By Afrigather
Aliko Dangote is Richer than these African Nations
spot_img

Aliko Dangote, the Nigerian enterprise magnate and Africa’s richest man for the twelfth time in a row has amassed a fortune that’s bigger than the gross home product (GDP) of a number of African international locations. 

In response to Bloomberg Billionaire Index, Dangote’s internet value is estimated to be virtually $13.8 billion, making him the richest in Africa and the richest black man on the planet. This stupefying quantity is greater than the Gross Home Product (GDP) of some African international locations.

The African international locations Dangote is richer than embrace Somalia, Togo, Mozambique, Burundi, Burkina Faso, Malawi, Liberia, South-Sudan, Mauritania, and a few others. He reported NGN 194.96B in Market Capitalization in February 2023, contemplating the newest inventory worth and the variety of excellent shares. He’s reportedly richer than over 30 African international locations.

Dangote is richer than 8 African international locations

Somalia has a GDP of $7.63 billion, Eritrea, ($2.065 billion); Malawi, ($12.63 billion); Togo, ($8.413 billion); Mauritania, (9.996 billion); Eswatini, ($4.73 billion); Sierra Leone, ($.4.042 billion); Burundi ($2.7 billion); Liberia, ($3.509 billion).

Different international locations’ financial sizes are as follows: South Sudan, ($3.15 billion); Lesotho, ($2.81 billion); Djibouti, ($2.39 billion); Central African Republic, ($2.28 billion); Cabo Verde, ($2.04 billion);The Gambia, ($1.74 billion); Seychelles, ($1.65 billion); Guinea-Bissau, ($1.53 billion); Comoros, ($726 million), and São Tomé and Príncipe, ($477 million).

Dangote’s wealth is especially attributed to his investments in cement, flour, and sugar manufacturing. His Dangote Group is the biggest producer of cement in Sub-Saharan Africa, and he plans to extend his market share even additional. 

He additionally lately invested closely in a brand new oil refinery and petrochemical plant, which he expects to generate vital income for his enterprise. The $12 billion refinery is predicted to supply 650,000 barrels of oil per day and is positioned in Lagos, Nigeria’s industrial capital.

Read More

Latest articles

Technology

Africa wants to make its own games. Building them is still the hard part

If you wanted to understand the passion it truly takes to build a game in Africa, you only needed to witness the morning of MaliyoCon25, the inaugural gaming conference hosted by Maliyo Games, the game developer behind Safari City, Whot King, and Disney’s Iwájú: Rising Chef. The rain poured down heavily on Thursday morning, December
Technology

We asked 22 Nigerian tech workers what they want for Christmas. Here’s the list.

Let’s be honest: the life of a Nigerian tech worker is a grind. You’re building world-class products while juggling unreliable power, slow internet, and endless requests. When those tight deadlines hit and the lights go out, a standard gift basket just won’t cut it. After a year spent coding, scaling, and surviving, the reward needs
Technology

Day 1-1000: ‘Nigerian hospitals wouldn’t buy our software. So we started paying for their patients’ care’

Shina Arogundade spent five months living with tooth pain because his insurance wouldn’t cover the full ₦120,000 ($82.62) for extraction. That experience would eventually reshape his entire company. In April 2022, Shina Arogundade’s family lost their doctor of 17 years. By September, his father, who had battled chronic hypertension successfully under that doctor’s care, was
Technology

Digital Nomads: Aderohunmu on what African talent needs to be hired globally

Adebayo Aderohunmu’s journey from a sociology classroom in Ile-Ife, southwest Nigeria, to the talent acquisition teams of global tech companies has not been a linear path. In the last five years, his career has tracked the rapid trajectory of Africa’s most ambitious startups from Reliance Health, Moniepoint, Stitch, to LemFi.  Now, as a talent acquisition

More like this

Technology

Africa wants to make its own games. Building them is still the hard part

If you wanted to understand the passion it truly takes to build a game in Africa, you only needed to witness the morning of MaliyoCon25, the inaugural gaming conference hosted by Maliyo Games, the game developer behind Safari City, Whot King, and Disney’s Iwájú: Rising Chef. The rain poured down heavily on Thursday morning, December
Technology

We asked 22 Nigerian tech workers what they want for Christmas. Here’s the list.

Let’s be honest: the life of a Nigerian tech worker is a grind. You’re building world-class products while juggling unreliable power, slow internet, and endless requests. When those tight deadlines hit and the lights go out, a standard gift basket just won’t cut it. After a year spent coding, scaling, and surviving, the reward needs
Technology

Day 1-1000: ‘Nigerian hospitals wouldn’t buy our software. So we started paying for their patients’ care’

Shina Arogundade spent five months living with tooth pain because his insurance wouldn’t cover the full ₦120,000 ($82.62) for extraction. That experience would eventually reshape his entire company. In April 2022, Shina Arogundade’s family lost their doctor of 17 years. By September, his father, who had battled chronic hypertension successfully under that doctor’s care, was

Afrigather is Africa’s popular news platform online highlighting the entertainment, style and news that are part of and the African DNA.

LINKS

Subscribe

To get email updates from AfriGather.com

© 2025 AfriGather | All rights reserved

Share via
Send this to a friend