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From Trader to Billionaire – WATCH Africa’s Richest Man Aliko Dangote on “My Worst Day With Peace Hyde”

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On this episode 2 of “My Worst Day with Peace Hyde”, Peace Hyde is joined by Africa’s richest man Aliko Dangote, as he shares his remarkable journey from being a trader to building the largest conglomerate in Africa and establishing the largest cement factory in the world.

The riveting second episode of the flagship Forbes Africa TV show “My Worst Day With Peace Hyde”, features Aliko Dangote as he sits down with Forbes Africa correspondent Peace Hyde to discuss the most challenging day in his business career.

In the half hour interview which premiered on CNBC Africa today, Africa’s richest man discloses the challenges he faced setting up the first cement factory which led to millions of dollars in losses. See what events turned Dangote from Black to Red and how he dealt with his worst day.

Watch the full episode here!

10 Comments

  1. Messy Hyde

    June 10, 2016 at 4:59 pm

    Why the hell would a broadcaster/presenter/tv show host ask Aliko Dangote, “Who is Aliko Dangote?” For Forbes? Jeez. This dude is just too humble and polite.

    • sista

      June 10, 2016 at 8:54 pm

      …there’s nothing wrong with that question. Journalists ask that kind of question as a way to probe into a guest’s life. aside the fact that he’s a Nigerian and the richest man in Africa, what else do most people know of him? nothing . its just like asking someone to tell you about himself beyond what you are privy to.
      I also believe for a program of this magnitude, the host in this case Peace isn’t in total control of the questions to be asked. there may be a team in charge of putting together the questions.

  2. AA

    June 10, 2016 at 6:10 pm

    Inspiring!!! “Social life and business don’t go together…work hard and enjoy life later” words from the magnate himself. Be fearless, be optimistic…

  3. GistYinka

    June 10, 2016 at 6:10 pm

    Aliko Dangote has been Nigeria biggest export over the past 2 decades.

  4. Nene

    June 10, 2016 at 6:25 pm

    I admire dangote a lot. I read somewhere that he started business as a distributor with Lebanese people before he got mega rich. The fact that he has invested in Nigeria. I wish rich Nigerian kids and Nigerians in the diaspora would come back and invest in their country instead of choosing to live an easy and good life abroad, while hating Nigeria and rejecting the country. Our forefathers fought for many things, they never sat back and never opted for easy life. I took three things from this interview 1. Africans have to lead for the world to follow us and respect us 2. It’s not about who the richest is, but the impact you have during your time on earth 3.business involves a lot of stress, risks and gains. However, I think most of their products still need a lot of work, as they are not up to par with international standards, and hope they keep improving, and also allow other Nigerian competitors make money (dangote is close to the federal govt and gets huge incentives).

  5. AA

    June 10, 2016 at 6:45 pm

    Inspiring!!! “Social life and business don’t go together…Don’t spend your projected income… work hard and enjoy life later” words from the magnate himself. Be fearless, be optimistic…Think big!

  6. Ajala & Foodie

    June 10, 2016 at 6:45 pm

    I know some have issues with this dude’s business practice, that is, Mr. Monopoly. But watching him for the first tIme today, I realized something, he gets into business that meets needs AND where others have previously feared to tread. What do I mean,? he is into food production, we all need to eat, food is not just a want, it is a basic need, cement, you want to build, you need cement, even oil and gas wells use cement, now oil refinery. The difference between him and many other so called “rich” Nigerians is that instead of lobbying for oil blocks or seeking to acquire oil blocks which with whole ND situation can be gone tomorrow, he is able to get to still enjoy the oil and gas $$$$ but in an area no one can claim right on. Or even run out. Something else about his businesses is that all of them are product based, that is, you have to pay to get them, so there is no need to be chasing anyone or government down for a check, months or years after providing services. I mean you ain’t going to buy pasta on credit or pump gas on loan.

    Secondly, his advice, starting a business and having a social life DO NOT MIX, so true!!! The mistake my generation makes is that we believe having a business is our ticket to having more free time and livin la Vida loca. The way I see it is like having a job, most people that have held important roles in major companies know that you pretty much don’t have a social life and starting a business takes more than 50-60hour work weeks, you’d normally put in at a regular employer-employee job. It is sleepless nights, changing skin color (like he said), a head full of grey hair . I can go on about his spill on knowing the business in and out, perseverance but I will save that for another day. Nevertheless,how can one ignore this man’s intelligence??? Or think we have nothing to learn from him? It goes back to knowing the business in and out before venturing into it, you want to beat Dangote??? Study him!!! we cannot study him by thinking we have nothing to learn from him.

    Lastly, now this is an interview, she could have gone just a tad bit deeper to try to address the monopoly rumors but for the purpose of the show “my worst day”. The questions were sure better than Alakija’s Abi wait o hope say it is not because Alakija’s is a woman she was getting those kitchen and bedroom questions? ???

  7. mouth mouth

    June 10, 2016 at 7:19 pm

    Interesting , good job peace hyde

  8. Total geek

    June 10, 2016 at 10:27 pm

    Good interview by Peace and I totally agree with what Dangote said…work hard first and play later! Love it!

  9. Evolution

    June 11, 2016 at 12:36 am

    There was a time Peace Hyde was known for just her body, now look! She interviewing the richest man in Africa for Forbes and she did well too. Good work, very insightful. Kudos!

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