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How Aliko Dangote Became The Richest Man in Africa

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Richest Man in Africa 2020

Aliko Dangote was named the richest man in Africa for the ninth time in a row since 2013. He owns the largest conglomerate in west Africa. Dangote owns about 70 % of the sugar refinery industry in Nigeria.

The Dangote Group also owns salt factories and flour mills and is a major importer of rice, fish, pasta, cement, and fertilizer. He is indeed a man every African entrepreneurs looks up to?

But how did Aliko Dangote become the richest man in Africa? Indeed he is known to come from one of the richest families in West Africa at the time, however, Aliko did not inherit any of his wealth from his family.

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At the age of 21, Aliko Dangote borrowed $3,000 from his uncle to import and sell agricultural commodities in Nigeria, his native country. His business venture quickly became a success, and as a result, he managed to repay the entire loan within three months of starting operations.

He continued expanding his business and diversifying his investments since then.

Aliko Dangote

Dangote has always reinvested the majority of his profits back into his businesses–one reason the company has grown so much since inception.

During an interview with Al Jazeera News, Aliko Dangote explained, ‘‘We [Dangote Group] are not doing like other Africans who keep most of their money in the bank.

We do not keep money in the bank. We fully invest whatever we have and we keep on investing. (sic)’’

 Dangote has expanded into new business segments, including telecommunications, real estate, and steel manufacturing. Today his holding company, Dangote Group, is the largest conglomerate in West Africa with branches in Ghana, Benin and other West African countries.

His title as “richest man in Africa” seems only to be one he’ll hold for years to come.

The Dangote Group has moved from being a trading company to be the largest industrial group in Nigeria including Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.

In 2020 Dangote had a net worth of $8.1 billion

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Small Doctor Net Worth

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Small Doctor net worth

Glusesa brings to you Small Doctor net worth and biography

Adekunle Temitope known by the stage name Small Dcotor is a  Nigerian Fuji, afro-pop recording artist and performer. He is one of the youngest artiste in Nigeria to watch out for. Keep reading to find Small Doctor net worth and his biography.

Biography

Temitope was born on 27th May, 1996 in Dopemu, Lagos but hail from Ondo State. He took a strong interest in music at a young age. He attended Ain’t Orosan Nursery and Primary School and attended Secondary at Oniwaya Secondary School. Due to his interest in music, he dropped out of University of Lagos to concentrate on full time music.

Read Top 10 Richest Musicians in Nigeria

In 2012, his music career kicked off. He released singles like Gbagaun, Anobi, Penalty and Mosquito Killer. Small Doctor released his debut studio album “Street Ambassador” in 2015.

Small Doctor was arrested for alleged possession of firearms and for allegedly threatening to shoot a police officer who was on traffic duty along Oshodi, Lagos. Barely 24 hours, a magistrate court in Ebute cleared all charges against him and he was released

Small Doctor Net Worth

Small Doctor net worth is estimated to be $2 million. Winners Golden Bet unveiled Small Doctor as their brand ambassador.

Small Doctor Career Highlights

  • 2015: “Skit”
  • 2015: “Oh My God”
  • 2015: “E No Sabi”
  • 2015: “Gyration”
  • 2015: “Magician”
  • 2015: “Amuludun”
  • 2015: “Say Baba”
  • 2015: “Oyinbo”
  • 2015: “Eleda Mi”
  • 2015: “God the Bless”
  • 2015: “Street Bus Stop”
  • 2015: “Arrest”
  • 2015: “Small Doctor”
  • 2015: “Omo Iya Teacher”
  • 2015: “Ile Ijo”
  • 2015: “Story”
  • 2015: “Gbera”
  • 2015: “Gbagaun”
  • 2015: “Iya Teacher”
  • 2015: “You Know”
  • 2015: “Anobi”
  • 2015: “Mosquito Killer”
  • 2015: “Uzobu”
  • 2015: “Anobi”
  • 2016: “Penalty”
  • 2016: “Sobotone”
  • 2016: “Forever”
  • 2016: “Pakurumo”
  • 2018: “My People”
  • 2018: “Slay Mama”
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Sophie Ndaba Biography and Net Worth

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Sophie Ndaba net worth

Sophie Lichaba  Mphasane, formerly Sophie Ndaba, is a South African actress. She played Queen Moroka in the soapGenerations. In 2016, she was guest judge in the final Miss South Africa 2016 beauty pageant.

Read Vinette Ebrahim net worth

Education

She completed high school in Zimbabwe, after which she pursued her modeling career. Her mother sent her to an orphanage in Eastlea, Harare, Zimbabwe so she could get a better education than what was available in apartheid South Africa.

Read Leleti Khumalo net worth

Lichaba’s father, Solly Mphasane, died in 2016. She suffers from diabetes. With her former husband, Themba Ndaba, she has two children, Rudo and Lwandle. She adopted her niece, Shallon Ndaba, following the death of her sister, Tiny Mphasane. She married Max Lichaba in 2017. In late 2018, Lichaba was the victim of a rumour, which claimed that she had died

Read Masoja Msiza net worth

Awards

  • Duku Duku Award for “Best Soap Actress” in 2003
  • Golden Horn Award for “Best Comic Actor” in 2009
  • Woman Of Inspiration Award

Sophie Ndaba Net Worth

Sophie Ndaba net worth is estimated at $5million

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Oseikrom Sikani Net Worth and Biography

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Oseikrom Sikani Net Worth and Biography

Glusea brings to you Oseikrom Sikani net worth and Biography

Ransford Brefo known on stage as Oseikrom Sikani is a Ghanaian musician and rapper based in Kumasi in the Ashanti region of Ghana.

Oseikrom Sikani ( translated Kumasi’s richest) is known in showbiz  for his love for display of his wealth.  What is Osekrom Sikani net worth? Is he really the richest person in Kumasi? Keep reading as we bring to you every   information you need to know about the “Kumerican” rapper.

Biography

Ransford was born in Kumasi. Not much is known about his beginnings. He started singing in Church at an early age. According to Ransford, all his family members live abroad; he is the only one living in Ghana. His father is called sika gari (translated to mean he has money like gari)

Read Top 10 Richest Musicians in Ghana

Oseikrom Sikani  is an alumini of Sunyani Technical University. He started his music career in 2013 but did not show much seriousness in it. He only did music as a hobby.

Oseikrome Sikani Net Worth


Oseikrome Sikani believes he is the richest person in Kumasi, Ashanti  region.  He boast of several properties he owns including a 12 bed room house, 3 cars including a range rover, a benz which cost Ghc100,000 and a Corolla which cost Ghc 50,000. He also owns a quad bike which cost Ghc 30,000.

As a way of making people know he is wealthy, he has gold teeth which cost Ghc 15,000.

According to Oseikrom Sikani, he once spent about Ghc20,000 at a club just to proof to people he is wealthy.

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He also stated  in an interview with Zionfelix, his source of income includes gift from his family members abroad, remittances from friends who receive money  abroad through his bank account.

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