Dangote Group’s revenue’ll hit $30bn by 2020 -Dangote

The President, Dangote Group, Aliko Dangote, on Thursday said the revenue of his group of companies will hit $30bn by 2020.

The multibillionaire, while speaking at the Africa Investment Forum in Johannesburg, South Africa, noted that the progress being made by the Dangote Group was as a result of the bold steps taken to venture into spaces others were running away from.

Dangote said though he was a true believer that nothing was impossible, the feat was one he would have considered impossible 10 years ago.

He said, “Ten years ago, if you mentioned to me or even if I actually saw it in a dream that our company would have revenue of $30bn, I would have said it was impossible.

“But today, by 2020, we will have $30bn of revenue. Why? Because we have gone into a very bold product and while people are running away from investing, we are investing.”

He added that from just petrochemicals, refinery and oil, the group would have over $25bn, while the rest of the business would have $6bn.


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