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Dangote Advocates For Expansion Of Economic Growth In Africa

Tambaya Julius by Tambaya Julius
November 15, 2023
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Dangote Advocates For Expansion Of  Economic Growth In Africa
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In a powerful statement at the ongoing Intra-African Trade Fair 2023, Aliko Dangote, President/CE of Dangote Industries Limited, urges for a deeper integration of African economies and a significant boost in trade and investments across the continent.

Represented by Engr. Ahmed Mansur, Group Executive Director, Stakeholder Management and Government Relations, Dangote expresses unwavering support for the African Continental Free Trade Agreement (AfCFTA) and the Intra-African Trade Fair.

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Aliko Dangote, a prominent figure in Africa’s entrepreneurial landscape, underscores the crucial role of integrated economies in fostering continuous growth.

His call for expanded trade and investments within the continent aligns with the Dangote Group’s vast investments across 14 African countries.

Dangote Group, a conglomerate with interests in various sectors, strongly backs the AfCFTA and the Intra-African Trade Fair as pivotal milestones for Africa’s economic development.

The Group’s participation and sponsorship highlight its commitment to these initiatives.

Various Dangote Business Units, including Dangote Cement PLC, Dangote Sugar PLC, and Dangote Packaging Limited, actively participate in the event, displaying their remarkable products.

This showcase reinforces the Dangote Group’s significant role in promoting economic activities across the continent.

Engr. Ahmed Mansur emphasizes Dangote’s responsibility to promote entrepreneurship and development in Africa.

With a presence in 14 countries, the group actively collaborates and participates in events like IATF 2023, contributing to the continent’s economic advancement.

The Intra-African Trade Fair, organized by Afreximbank in collaboration with the African Union and AfCFTA Secretariat, attracts a multitude of participants.

ALSO READ:  Afreximbank Supports Fidelity Bank's Acquisition Of Union Bank UK With $40m

Dangote’s involvement as an event partner signifies its commitment to fostering collaboration, driving regional integration, and supporting the implementation of AfCFTA.

As one of Africa’s largest industrial conglomerates, Dangote Industries Limited plays a vital role in the Nigerian economy.

With diverse interests, ongoing projects, and an annual turnover exceeding US$4 billion, the group remains a key investor and contributor to the continent’s economic landscape.

Tags: African Continental Free Trade Agreement (AfCFTA)Dangote Industries LimitedIntra-African Trade Fair (IATF)
Tambaya Julius

Tambaya Julius

Julius is a journalist, a BSc Holder in Mass Communication.

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