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Dangote Encourages African Business Leaders to Champion Continent’s Development

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By: Chioma Madonna Ndukwu

Aliko Dangote, President and CEO of Dangote Industries, has called on Africa’s entrepreneurs and wealthy individuals to invest in the continent’s growth, urging them to back ambitious, large-scale projects.

During a visit from the Global CEO Africa Programme, which brought participants from Lagos Business School and Strathmore Business School to the Dangote Petroleum Refinery in Ibeju-Lekki, Dangote underscored Africa’s vast potential and the need for transformative investments to drive economic progress.

He pointed to the successful development of the world’s largest single-train refinery as a testament to what is achievable, stressing that bold initiatives like this could help Africa compete globally. Despite acknowledging challenges such as policy inconsistencies and inadequate infrastructure, Dangote encouraged the CEOs to remain daring, learn deeply about their industries, and push for innovation.

“If you think small, you don’t grow. If you think big, you grow. It’s better to try and fail than never to try at all,” Dangote advised the 24 CEOs from six African countries.

The programme, designed to inspire future business leaders, involves multiple international modules and aims to equip participants with the vision to tackle Africa’s social and institutional challenges.

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