Business News Correspondent
Matilda Oriem
Africa’s richest man and Chairman of the Dangote Group, Aliko Dangote, has expressed deep appreciation following his recent appointment to a prestigious advisory role at the World Bank.
In a statement released on Friday, Dangote described the appointment as an “honour” and pledged to contribute meaningfully to the global financial institution’s mission of poverty reduction and sustainable development.
“I am deeply honoured to have been considered for this role,” Dangote said. “It is a privilege to be part of the efforts shaping policies that drive inclusive growth and economic empowerment, especially for developing nations.”
The billionaire industrialist is one of a select group of global business leaders chosen to advise the President of the World Bank Group on private sector development and economic transformation strategies.
Dangote’s inclusion on the advisory council is seen as a recognition of his extensive experience in industrial development and economic empowerment across Africa. Through the Dangote Group, he has built one of the continent’s largest conglomerates, spanning cement, sugar, salt, and oil refining, among other sectors.
The World Bank, in announcing the appointments, noted the importance of involving private sector voices in shaping strategies for inclusive growth, especially amid global economic uncertainties.
Dangote reiterated his commitment to using his platform to advocate for policies that bridge development gaps and promote entrepreneurship, particularly across Africa.
