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Africa’s Richest Man is Biggest Philanthropist

Onyedimmakachukwu | VENTURES AFRICA   in 
July 26, 2014

Africa’s richest man and owner of Africa’s largest conglomerate, Aliko Dangote recently stated that he will only give a part of his money to charity. However, that part of it –philanthropic spending of N30 billion ($185 million) within the last two years- is already the largest expense on charity either by an African individual or company.

And Dangote plans to do more; “I am going to try my best and give part of that money to charity. I am working hard on it… I think from this year, I personally want to take it (philanthropy) very seriously. I want to be much more aggressive than what we have had in the past, a statement from Dangote group quotes him as saying.

Inspired by the belief in Africans helping Africa, Dangote also expressed his intent not to limit his charity activities to his home country Nigeria; “We already have a foundation which will do all these things (charities), but I am trying to see what we can do to encourage not only Nigerians but other Africans”, he added.


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