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Govts must create good business space for private sector: Dangote

Govts must create good business space for private sector: Dangote

Nigeria

Africa’s richest man, Aliko Dangote, has called on governments to create enabling business environment for private sector investments to flourish.

He also said there was the need for increased investment in the areas of research and development as a means of ensuring that public and private sector can mutually benefit in their partnering on issues.

“Government must create the enabling environment that will allow the private sector to invest,” Dangote said during a meeting on the sidelines of the United Nations General Assembly currently ongoing in the United States.

Government must create the enabling environment that will allow the private sector to invest.

The business mogul shared the platform on a discussion surrounding entrepreneurship, innovation and technology, he was joined by among others: H.E. Kersti Kaljulaid (President of Estonia), Sunil Bharti Mittal, Founder and Chair of Bharti Enterprises and Jimmy Wales, Founder of Wikipedia and WikiTribune.

Even though known as owner of a the continent’s biggest and fastest expanding cement producer, the Dangote Group has interest in food describing itself as “The most diversified manufacturing conglomerate in West Africa.”

He has entered into the oil refinery and petrochemical industry with a refinery supposed to be opened in 2019. He also recently announced the group’s first overseas investment in the Americas and Europe.

He has also been meeting with a number of business people in New York as well as politicians. The Ivorian presidency shared a photo of Dangote in a handshake with President Alassane Ouattara.

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