Dangote Debunks Death Rumours, Says He Is Hale And Hearty

Nigerian business mogul and Africa’s richest man, Aliko Dangote has debunked rumours going round that he has passed on.

A story published by a German news medium DW-TV3, had reported that Mr Dangote, 59 died in Germany after a brief illness. The report had hit social media and gone viral within minutes.

Meanwhile, the business mogul has said he will be investing about $20 billion in the economy in the next five years.

Stating this after receiving the 2016 African Business Leader award from a United States-based non-governmental organisation, Africa- America Institute (AAI), Aliko Dangote said the money would go into projects ranging from a petroleum refinery, petrochemicals, fertiliser, gas pipeline and backward integration in sugar and rice production.
Reacting to the award, Dangote said he was humbled considering the pedigree of the award, which celebrates African achievement at the global stage.

Later at the award Gala themed: “Education: The Key to Africa’s Economic Growth,” Dangote expressed delight that the Institute brought education in Africa to the front burner, noting that he had always been passionate about education because it is a weapon of liberation.

The business guru had recently re-stated his plans to buy London-based professional football club ‘Arsenal’ in four years time.

Speaking in an interview with Bloomberg TV New York last Wednesday, Dangote said not buying the club now, has nothing to do with money.

“It’s not about buying Arsenal and just continuing with business as usual. It’s about buying Arsenal and turning it around.

“I’ve run a very successful business and I think I can also run a very successful team. Right now, with what we’re facing, over $20 billion of projects, I cannot do both,” he said.

Should he succeed in his bid to buy Arsenal as projected in three to four years, he will become the first African from the sub-Sahara to own a club in the Premier League.



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