Dangote praises Ghana, describes it as a good investment hub in Africa

Must Read

Ghanaians rally behind Akufo-Addo as #TrustAkufoAddo trends on Twitter

Some Ghanaians on Twitter have shown their support for President Akufo-Addo for the upcoming December 2020 elections. According some Twitter...

Disregard rumors of reopening of school for continuing students – Education Minister

Education Minister, Dr Matthew Opoku Prempeh has urged the general public to disregard statements making the rounds that some...

I’ll expose you if you don’t stop talking “rubbish” about Rawlings – Koku Anyidoho warns Kwesi Pratt

A former Deputy General Secretary of the opposition National Democratic Congress (NDC), Koku Anyidoho has warned the Managing Editor...

Nigerian business magnate and Africa’s richest man, Aliko Dangote has advised anyone looking for a good investment country in Africa, to consider Ghana.

According to Mr Dangote, although there is a level of lack of understanding towards African investment in the developed world, coupled with the wrong stereotypes about Africa, countries like Ghana, Nigeria, Cote D’Ivoire and Kenya are good places to invest.

The billionaire whose net worth is estimated at around US$10 billion in an interview with Bloomberg TV’s David Rubenstein said “Ghana is a very good place to invest.”

“There’s quite a lot in terms of inviting foreigners to come and invest in Africa. Countries that I can suggest for you to invest, of course, one of them is Nigeria, Ghana is a very good place to invest, Cote D’Ivoire, Kenya,” he said.

Dangote owns a Cement factory which produces 45.6 million metric tons annually and has operations in 10 countries across Africa, including Ghana.

When asked by the host if there is a decline in the attractiveness of African investment, the 62-year-old said “Lack of understanding of why to even invest. Even myself as an African, I cannot invest in every single thing so I have to be very ‘choosy’ in where I invest and there’s a lot of wrong perception. People read stories from newspapers and they believe what they are reading but I think.”

Aliko Dangote was ranked by American business magazine Forbes as the 23rd-richest person in the world in 2014. This year, Bloomberg has ranked the billionaire as the 95th wealthiest man in the world.

 

Source: ABCNewsgh.com

Submit your stories or articles to newsroom@abcnewsgh.com or Whatsapp them to +233 553620623

- Advertisement -

Comments

Latest News

Mahama’s record of incompetence has already spoken loudly – Dr Bawumia jabs

Vice President Dr. Mahamudu Bawumia has stated that the former President John Dramani Mahama has nothing new to offer...

Liberia’s Vice Prez flown to Ghana for treatment

Vice President of Liberia, Jewel Howard-Taylor has been flown to Ghana after developing "respiratory complications." The former first lady of the country flew out of...

Over 40 MOMO fraudsters arrested – MTN

Telecommunications company, MTN has stated that, they have facilitated the arrest of over 40 people in connection to mobile money fraud Speaking at the 8th...

NDC increases maternity leave from 3 to 4 months in manifesto

The opposition National Democratic Congress has increased maternity leave in Ghana from three to four months in their yet to be launched manifesto. This was...

116 ethical violations recorded across Ghana’s media landscape – MFWA report

A new study conducted by the Media Foundation for West Africa has revealed that a total of 116 ethical violations were recorded across new...

More Articles Like This

%d bloggers like this: