Dangote eyes $100bn in revenue, targets over $200bn valuation 

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Africa’s richest man, Aliko Dangote, is targeting a jump in his conglomerate’s revenue to $100 billion compared to $18 billion it currently stands at as part of his growth plans for the next five years.


The industrialist is also aiming to reach a market capitalisation in excess of $200 billion after it lists its $20 billion refinery on the Nigerian Exchange next year.


“By 2030, the Dangote Group will become a $100bn revenue enterprise. When we get there, we will be among the top 100 companies in the world. We will also have over $200 billion in market capitalisation,” Dangote, who is the president of the Dangote Group, said.

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