Report: Africa’s richest man, Aliko Dangote broke

A new report claims that Africa’s richest man, Aliko Dangote, does not have the kind of money needed to complete his refinery by 2023. The report published by Fitch, the world’s biggest global rating agency, alleges that the Nigerian billionaire requires an additional $1.1 billion (900 billion) to complete the refinery but has invested all his cash and even borrowed to finance the refinery project. According to the report, the Dangote refinery project is still on track to be completed by 2023 and … Continue reading Report: Africa’s richest man, Aliko Dangote broke