By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sunday, Sep 13, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Breaking NewsNigerian economy

Dangote vows to scale up investments in Nigeria, others

Timothy Stephen
Last updated: September 26, 2016 10:15 am
By Timothy Stephen
Share
5 Min Read
dangote office
SHARE

In recognition of his immense contribution to human capital development in Africa through the establishment of businesses across the African continent, a United States of America based Organization, Africa-America Institute (AAI) has honoured the President of Dangote Group, Aliko Dangote with the “2016 African Business Leader Award.”

The business guru was named and presented the award at a colourful ceremony held on the side-line of the United Nations Congress held in New York city, United States alongside other prominent Africans like Stephen Hayes, President and CEO of the Corporate Council on Africa (CCA), who won the AAI ‘2016 U.S. Business Leader Award’; and Sunil Benimadhu, Executive Director of the Stock Exchange of Mauritius (SEM), who won the AAI ‘2016 Distinguished Alumnus Award.’

Dangote said he was humbled by the award considering the pedigree of the award which celebrates African achievement at the global stage and promised that he would not be deterred by the current economic challenges in Nigeria but would intensify the expansion of his businesses across Africa.

At the award Gala themed “Education: The Key to Africa’s Economic Growth,”, Dangote expressed delight that the Institute broughteducation in Africa to the front burner., noting “I have always been passionate about education because I believe it is a weapon of liberation.

Drawing a reference from a Nelson Mandela quote that: “Education is the most powerful weapon which you can use to change the world.”, the Chairman of Dangote Cement, global, said he identified himself with laudable initiatives that seek to promote educational growth and development, particularly in Africa.

“As a matter of fact, I am a founding member of the Gordon Brown-led Global Business Coalition for Education. Education is also one of the cardinal areas that the Aliko Dangote Foundation focuses on. I believe quality and affordable education will address the immense social and economic inequalities that often breed discontent in many parts of Africa. I also believe education will strengthen the human capital that will drive Africa’s development in the 21st Century.

Troop arrests suspected kidnapper, recovers AK-47 in Edo
FG to provide Students with 100MB Free Data
We will restore Subsidy through a production model — Atiku
First Lady Remi Tinubu donates ₦500m to Anambra State

“I am happy to note that AAI has been contributing to Africa’s development, through training and education, since it was founded 63 years ago. This award is coming at a time the Dangote Group is rapidly expanding its footprints across Africa, and into new sectors.

“Last year alone, we commenced cement operations in Ethiopia, Zambia, Cameroon, South Africa, Senegal and Tanzania. By 2019, we will have operations in 18 countries with a total capacity of nearly 80MMTPA, thus making us the largest cement producer in Africa and the 6th largest in the world.

“Over the next few years, we will be investing nearly $20billion in projects ranging from a petroleum refinery, petrochemicals, fertiliser, gas pipeline, and backward integration in sugar and rice production. These projects will create over 250,000 jobs and provide foreign exchange earnings and savings of $16billion for the country and help diversify our economy. Central to this developmental trajectory is the need for capacity building and ramping up of the quality of skills of a fast growing African workforce.

“Despite the current economic challenges, we will continue to scale up the value of our investments not only in Nigeria but also across the entire continent, because we believe in Nigeria’s and Africa’s potential. We believe that it is only by sustained massive investments in infrastructure across the continent, supported with access to education, that Africa can reach its full potential.

“This award will further encourage us to redouble our efforts as we work towards promoting Africa’s economic renaissance. We are grateful to the organisers for recognising our modest efforts to transform Africa”, He stated.

Founded in 1953, The Africa-America Institute (AAI) is a premier U.S.-based international organization dedicated to strengthening human capacity of Africans and promoting the continent’s development through higher education and skills training, convening activities, program implementation and management.

Its primary model is to identify capacity-building projects and coordinate the programmatic, financial administration and evaluation necessary to deliver high-impact results.

Source: Naij

Like this:

Like Loading…
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
ByTimothy Stephen
Follow:
9News Nigeria Global Breaking News Platform News from Nigeria News from Africa Nigerian News African News
Previous Article Former Thai Prime Minister Yingluck Probe your own brother, ousted Thai’s first female Prime Minister tells junta chief
Next Article Investors urge food companies to shift from meat to plants Investors urge food companies to shift from meat to plants
Search
– Advertisement –
Latest News
  • Uzodinma Approves ₦100m for Obinze Arsenal Golf Club September 13, 2026
  • Troop arrests suspected kidnapper, recovers AK-47 in Edo September 12, 2026
  • Matthew Chima Amadi, Collins Opuruzo and The Occult, Accusation September 12, 2026
  • FG approves JAMB takeover of HND admissions September 12, 2026
  • Imo LG Polls: ISIEC Sets September 26, 27 LGAs to Vote September 12, 2026
  • Imo Police Pays ₦26.4m to Families of 52 Fallen Officers September 12, 2026
  • Former PDP chairman Bamanga Tukur dies at 90 September 12, 2026
  • What to know about FG’s new rule for university admission September 12, 2026
  • Nigerian bishop allegedly shot dead in South Africa, community demands justice September 12, 2026
  • Former Flight Attendant Reopens Debate Over 9/11 With Controversial Claims September 11, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

Foreign Secretary Ed Miliband
Breaking NewsBritain

UK Sanctions Israeli Settlements, Bans Imports From West Bank

September 8, 2026
RMAFC seeks oil and gas investment opportunities at China summit
BusinessAsia News

RMAFC seeks Nigeria’s oil and gas investment opportunities at China summit

September 7, 2026
Dangote Fuel Refinery
BusinessGlobal Economy

EBC questions reason for Dangote refinery’s petrol price hikes

September 7, 2026
f69b21f7 3e74 4236 9f05 04b62679ccc0
NationalNigeria News

FG Launches ‘Hire from Nigeria’ to Connect Nigerian Talent with Jobs

September 2, 2026
IMG 20260828 WA09685
EducationBreaking News

FGGC Owerri Admission: Parents Demand Answers Over 2026 List

August 28, 2026
IMG 5671
Nigeria NewsNational

I’ve never Seen this level of Poverty in Nigeria — Fr. Ehusan

August 28, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • Crime and Investigation
  • The Love of God
  • Business

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d