economy

How a $20bn bet paid off for Africa’s richest man

Critics dub Aliko Dangote a crony capitalist. He says he is pioneering Asian-style economic development

How a $20bn bet paid off for Africa’s richest man

TL;DR

  • Aliko Dangote, Africa's richest man, is labeled a crony capitalist by his critics.
  • Dangote claims to be pioneering Asian-style economic development.
  • His business approach is presented as a deliberate strategy for African economic growth.