Career
Dangote shares Experience Doing Business in Africa, Advice for Youth & More with Mo Ibrahim at #MIFAbidjan
As part of the Ibrahim Forum at the ongoing Ibrahim Governance Weekend, Mo Ibrahim sat down with Aliko Dangote for a conversation on the latter’s refinery project, doing business in Africa, as well as being the “most eligible bachelor in Nigeria”.
Dangote shares that he’d go into ICT and Agriculture if he is a young entrepreneur today.
See highlights + follow the conversation on #MIFAbidjan #BNAtMIFAbidjan:
#MoIbrahim is now in conversation with #AlikoDangote and he starts with a joke (per usual) thanking the billionaire for coming because he knows he's losing money as he's not running his companies at the moment ?
Watch live at https://t.co/2Z9xBij5eR#MIFAbidjan #BNAtMIFAbidjan pic.twitter.com/jeqtocRLnQ
— BellaNaija (@bellanaija) April 6, 2019
Dangote says he's spent $12bn to $13bn on his latest project. ????
Watch live at https://t.co/2Z9xBij5eR#BNAtMIFAbidjan #MIFAbidjan
— BellaNaija (@bellanaija) April 6, 2019
"It has opened our eyes to the lack of infrastructure," @AlikoDangote says about his experience working with industrial and refinery projects within Africa.#BNAtMIFAbidjan #MIFAbidjan #AfricanMIgrations
— BellaNaija (@bellanaija) April 6, 2019
Dangote makes a case for movement within Africa.
He says Benin Republic does not allow importation of his cement but imports from China.
He adds that price is not the problem. "If the market sells at 0, we'll compete at 0"#MIFAbidjan #BNAtMIFAbidjan
— BellaNaija (@bellanaija) April 6, 2019
Dangote says he travels with 6 passports because of visas
He can only travel to 38 countries in Africa with his passports#MIFAbidjan #BNAtMIFAbidjan
— BellaNaija (@bellanaija) April 6, 2019
Dangote says even having the African Union passport is not helping matters.
He travelled to Angola one time and had to apply for visa which was stamped on his African Union passport.
He wants Africa to collaborate first, before looking outward #BNAtMIFAbidjan #MIFAbidjan
— BellaNaija (@bellanaija) April 6, 2019
On improving infrastructure and mobility within #Africa, @AlikoDangote says: "We are very good at designing projects but what about the implementation? The implementation is key." #BNAtMIFAbidjan #MIFAbidjan #AfricanMigrations
— BellaNaija (@bellanaija) April 6, 2019
Mo asks Dangote to release a case study on doing business in Africa so other people can replicate across the continent.#BNAtMIFAbidjan #MIFAbidjan
— BellaNaija (@bellanaija) April 6, 2019
Dangote says he doesn't look at his bank statement.
Mo asks how he felt when he made his first million.
Dangote says one time he withdrew $10m from the bank, took it home, opened it & said "Now I believe I have money" and returned it the next day ?#BNAtMIFAbidjan #MIFAbidjan
— BellaNaija (@bellanaija) April 6, 2019
Dangote reveals he doesn't have a house anywhere outside Nigeria.#BNAtMIFAbidjan #MIFAbidjan
— BellaNaija (@bellanaija) April 6, 2019
If I am a young entrepreneur today, I'd invest in ICT and Agriculture – @AlikoDangote#BNAtMIFAbidjan #MIFAbidjan
— BellaNaija (@bellanaija) April 6, 2019
Watch below:
