Dangote Emphasizes On Enlarging African Economies And Importance Of Agriculture

dangote relayvibes.com
Local
3

In a filled up room at the headquarters of global law firm Shearman and Sterling LLC, Nigerian entrepreneur and business leader, Aliko Dangote told investors: “Agriculture, agriculture, agriculture.

Africa will become the food basket of the world.” High-level business leaders and international diplomats were invited by the Corporate Council for Africa to hear Aliko Dangote, and Rwandan president Paul Kagame, openly converse on Africa’s opportunities and challenges.

Both leaders emphasized the ongoing movement to expand African economies.

In the case of Nigeria, Africa’s largest economy, Dangote stated, “we should pray that oil prices reduced.

This helps wean us off the dependency on income from petroleum. We must take oil to be the icing on the cake. We already have the cake,” he added.

In addition to agriculture, Dangote cited Nigeria’s huge mineral resources and gas as well and the need to produced more goods locally for domestic use.

Both of them cited the continued need for heavy investments in education and connected the need for young people to be well trained for the jobs of tomorrow.

Dangote predicted that “five of the twelve million jobs needed in Africa soon must be created in Nigeria.”

Read also: Mining, Agric Sectors Responsible for Nigeria Exiting Recession

Dangote has expanded into fertilizer and other processed high-value goods.

“Technology, of course, helps us a lot and our factories are state of the art with the use of robotics but we shouldn’t be overly tech-oriented to create wealth,” he told investors.

Dangote who is said to be one of the most motivated business leaders in the world today and a role model for young entrepreneurs offered advice to Americans who tend to rely on outdated news and wrong insight of Africa, “Don’t be lazy.

Go there and find the real story for yourself.

Things have changed.”

Dangote quote the Rwanda success story as great change, good governance and leadership, and where corruption has been rectify.

President Kagame was praised for delivering the environment for growth he promised. ” Corruption have nothing to do with African,” the Rwandan president added.

The meeting was preside by Rosa Whitaker, former United State Trade Representative and author of the AGOA (African Growth Opportunity Act), whose business consultancy is credited for helping both African governments and US companies develop commerce.

Trump Has Been Lucky So Far With The Economy - Obama Treasury Secretary jack lew
Business
Trump Has Been Lucky So Far With The Economy – Obama Treasury Secretary

Ex Treasury Secretary Jack Lew stated that US President Trump has been benefiting from luck so far with the economy — and he advised that at times, luck runs out. In an interview at the Politico Money podcast, Lew said the global economy had incredibly endured the first year of …

Donald Trump Enfeebles The States Department - Ex US Ambassador says
Global
Donald Trump Enfeebles The States Department – Ex US Ambassador says

The US State Department is “enfeebled and sidelined” under President Trump, a former American diplomat acclaimed . Nicholas Burns, served as a top diplomat under both Republican and Democratic regime, said this to the Los Angeles Times that Donald Trump’s foreign policy is “a radical separation from all president since …

ArchBishop Of Canterbury Expressed His Opposition To Trumps Decision On Jerusalem
Global
ArchBishop Of Canterbury Expressed His Opposition To Trumps Decision On Jerusalem

The archbishop of Canterbury has voiced out against “tyrannical and populist” global leaders in a Christmas message seemingly to be viewed partially as an contrary opinion to US president Donald Trump. Justin Welby was preaching at Canterbury cathedral the same time as Pope Francis made indirect criticism of Trump’s decision …

Share
Protected by Copyscape Relay Vibes - Blog Directory OnToplist.com top blog sites
top blog sites Blog Directory